Railway supply industry news in brief

Standard & Poor’s has raised its creditworthiness rating for Knorr-Bremse from A-/Outlook positive to A/Outlook stable. ‘This decision only goes to reaffirm our conviction that, alongside technical and operational excellence, it invariably takes a stable financial basis to ensure sustained success in the various markets,’ said Knorr-Bremse CFO Lorenz Zwingmann ...