Business

Railway supply industry news round-up

2018-11-02T06:00:00

As part of its ongoing investigation into the proposed merger of Siemens Mobility and Alstom, the European Commission has sent the companies a statement of objections.

FreightCar America has announced revenue of $79·0m and a net loss of $6·2m for Q3 to September 30. It delivered 498 new and 390 rebuilt wagons, and its order backlog totalled 1 911 wagons worth $167m. 'While we continue to be very encouraged by the progress we are making in ...

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