All Business articles

  • br-cockerill-shunting-locomotive
    News

    Cockerill to build locos in Brazil

    2021-09-17T09:27:00Z

    BRAZIL: Belgian locomotive manufacturer John Cockerill is to set up an assembly plant in the Novo Cavaleiros district in the city of Macaé in Rio de Janeiro state.

  • cz-leo-express-Sirius-testing-Velim-201130
    News

    Railway supply industry news round-up

    2021-09-17T05:00:00Z

    News from the global railway supply chain

  • Nexrail Vossloh DE18 (Photo: Vossloh Locomotives)
    News

    New leasing company targets non-electrified routes with SmartHybrid locos

    2021-09-16T09:56:00Z

    EUROPE: Private equity infrastructure investor InfraVia Capital Partners has formed Nexrail Lease to supply low-emission locomotives for unelectrified routes. The new leasing company has placed a framework order for up to 50 Vossloh Locomotives DE18 Stage V SmartHybrid locos, and taken over 53 existing locos. CRRC ...

  • Transgabonais Class 66
    News

    Gabon railway concession extended as investors fund expansion

    2021-09-15T05:00:00Z

    GABON: Sociéte d’Exploitation du Transgabonais’ concession to operate the 650 km railway linking Franceville with the capital Libreville and the port of Owendo has been extended, and a new investor has committed to providing finance and expertise to support a modernisation to increase capacity on the ...

  • Stadler Ukraine
    News

    Stadler signs MoU for Ukrainian fleet renewal

    2021-09-14T09:00:00Z

    UKRAINE: A memorandum of understanding setting out principles for co-operation to replace ageing rolling stock and develop the rail sector has been signed by the Ministry of Infrastructure, national railway Ukrzaliznytsia, Stadler and Swiss export risk insurance agency SERV. The MoU was signed at a meeting ...

  • Proposed Ahmedabad High Speed Rail Station
    News

    Railway supply industry news round-up

    2021-09-10T05:00:00Z

    News from the global railway supply chain

  • Channel Tunnel
    News

    Channel Tunnel optic fibre network contract signed

    2021-09-03T06:00:00Z

    EUROPE: Colt Technology Services has signed a 25-year contract for the installation of optic fibres through the Channel Tunnel as part of its IQ Network data network. This will provide a transfer capacity of several terabits per second per fibre pair. Channel Tunnel operator Getlink’s existing ...

  • STM and Deutsche Bahn agree to jointly develop railway engineering technologies
    News

    Railway supply industry news round-up

    2021-09-03T05:00:00Z

    News from the global railway supply chain

  • Pandrol truck
    News

    Pandrol takes to the road with European tour

    2021-08-27T08:00:00Z

    EUROPE: Rail fastening specialist Pandrol is to display its latest products to rail industry representatives during a three-month European road tour, taking in countries including the UK, Ireland, Sweden, the Netherlands, Germany, the Czech Republic and Spain. ‘The Back on Track truck gives our customers an ...

  • RailPod machine
    News

    Railway supply industry news round-up

    2021-08-27T05:00:00Z

    News from the global railway supply chain

  • tn_cz-leoexpress-flirt_03.jpg
    News

    RENFE completes acquisition of 50% stake in Leo Express

    2021-08-26T04:57:00Z

    EUROPE: Spanish national operator RENFE has gained access to the passenger markets of the Czech Republic, Poland and Slovakia and ‘the necessary licences and resources’ to enter the German market, following the completion of its purchase of a 50% stake in Czech open access operator Leo Express.

  • SMH Rail H10 Series locomotive for Tanzania (2)
    News

    Malaysian-built locomotive for the African freight market unveiled

    2021-08-24T08:59:00Z

    LOCOMOTIVE: Malaysian rolling stock manufacturing and maintenance company SMH Rail has rolled out its first H10 Series diesel-electric locomotive. It is designed for use by African freight operators, with Tanzania Railways Corp as the launch customer. Unveiling the first locomotive at a virtual ceremony on August ...

  • tn_us-dollars_94.jpg
    News

    Wagon investment joint venture formed

    2021-08-20T12:00:00Z

    USA: Trinity Industries and alternative investment manager Wafra have formed the Signal Rail Holdings joint venture which aims to invest up to $1bn over three years in a diversified portfolio of leased wagons. Wafra will own 90% of the joint venture and TI 10%, with TI ...

  • RM Rail
    News

    Railway supply industry news round-up

    2021-08-20T05:00:00Z

    News from the global railway supply chain

  • Go-Ahead awarded Transmashholding’s Switzerland-based TMH International subsidiary a contract to maintain 22 Stadler Flirt3 EMUs ordered for used on E-Netz Allgäu services
    News

    ‘Industrial espionage’ train maintenance dispute resolved

    2021-08-19T10:59:00Z

    GERMANY: A dispute over Go-Ahead Bayern’s decision to appoint a subsidiary of Russian company Transmashholding to maintain a fleet of Stadler Flirt3 electric multiple-units has been resolved, and the manufacturer handed over the first of the units to the future operator in Augsburg on August 18. ...

  • American Industrial Transport trank wagon
    News

    The Andersons sells wagon leasing business with repair shops to follow

    2021-08-18T14:51:00Z

    USA: The Andersons has sold its wagon leasing business to American Industrial Transport for $550m, and is also planning to divest its wagon repair business which includes 29 facilities across the USA. ‘This railcar leasing business has been a successful and consistent cash flow generator’, said ...

  • tn_euro-notes-coins_66.jpg
    News

    Leasing company takeover to provide funding for growth

    2021-08-18T05:00:00Z

    GERMANY: Swiss Life Asset Managers and Vauban Infrastructure Partners have proposed the acquisition of wagon leasing company Aves One, and following a successful takeover intend to provide additional capital of €100m to optimise the capital structure and finance further growth. The deal would be worth €12·80 ...

  • Mågeli hydroelectric power plant (Photo: Statkraft)
    News

    DB buys hydroelectric power from Norway

    2021-08-15T05:00:00Z

    GERMANY: Deutsche Bahn has signed its first cross-border long-term green power purchasing agreement, a 10-year deal covering 190 GWh/year of electricity generated by the Mågeli hydroelectric power plant operated by Norway’s state-owned energy provider Statkraft. Equivalent to powering the 40 000 daily electric trains in ...

  • STM machine for India
    News

    Railway supply industry news round-up

    2021-08-13T05:00:00Z

    News from the global railway supply chain

  • Wabtec has completed the 1 000th locomotive it has remanufactured for customers in the Americas under a programme launched in 2015.
    News

    Wabtec breathes new life into older locomotives

    2021-08-12T13:53:00Z

    USA: This month Wabtec completed the 1 000th locomotive it has remanufactured for customers in the Americas under a programme launched in 2015. Norfolk Southern has taken delivery of 500 of the locos, with other customers including Canadian Pacific, BNSF, Union Pacific and Brazilian operator Rumo.