Kraków-based ZUE has agreed to purchase up to 70% of ThyssenKrupp’s Polish track business Railway GfT Polska.
Hungarian rolling stock manufacturing and maintenance company Dunakeszi Járműjavító and Stadler Rail have signed a memorandum of understanding for the joint production of vehicles for the Hungarian market.
Lifting equipment supplier Mechan has appointed Arabian Railway Co as its Middle East agent.
INNOTRANS: The rescheduled InnoTrans trade fair which was planned for April 2021 will now take place in the event’s regular two-yearly slot from September 20 to 23 2022, organiser Messe Berlin announced on October 22. The 13th InnoTrans had originally been scheduled for September 2020, ...
USA: Boston commuter rail operator Keolis Commuter Services was subjected to a ransomware attack on its computer systems on the morning of October 10. The company’s threat detection systems alerted the operator, which deactivated its network within a few hours. Employee data may have been stolen, ...
INTERNATIONAL: Expedia Group has sold rail ticket retailing and distribution platform developer SilverRail Technologies to its management. SilverRail said the transaction which was completed on October 2 would enable it to operate as an independent entity, ‘with renewed focus on a carrier-centric business strategy’. Expedia ...
MEXICO: Bombardier Transportation has signed an agreement to sell the electrical wiring interconnection systems activities at its Huehuetoca site to the Motherson Rolling Stocks subsidiary of Motherson Sumi Systems. ‘This divestiture is in alignment with our global transformation strategy of reducing the activities to our core ...
NORTH AMERICA: Wagon manufacturer FreightCar America has reached an agreement for the early termination of the lease on its Shoals factory in Cherokee, Alabama, with effect from February 28 2021, and has completed Association of American Railroads certification audits for the plant at Castaños in Mexico to ...
