Railway supply industry news

Latest business news from the global railway supply industry, including company mergers, acquisitions and financial results.

The Alstom in Motion strategic plan for 2023 has been announced.

Bouygues cuts its stake in Alstom

2019-09-13T09:28:00+01:00

ALSTOM: On September 12, French construction and industrials conglomerate Bouygues confirmed that it had divested more than 29 million shares in Alstom.

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Railway supply industry news round-up

2019-09-13T05:00:00+01:00

Around 500 companies participated in a ‘Mega Vendor Meet’ in Lucknow organised by Indian Railways’ Research Designs & Standards Organisation. The event included presentations on the online vendor approval process and steps being taken to make it easier to do business with Indian Railways.

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EBRD backs grain transport modernisation in Ukraine

2019-09-12T06:00:00+01:00

UKRAINE: Agricultural produce merchant Louis Dreyfus Co is to establish a wagon logistics business with a fleet of up to 1 000 grain hoppers, backed by an US$35m EBRD loan.

OmniTRAX has agreed to acquire the Winchester & Western Railroad from minerals company Covia Holdings Corp.

Winchester & Western Railroad sold

2019-09-11T13:23:00+01:00

USA: OmniTRAX announced on September 11 that it had completed its previously-announced $105m acquisition of Winchester & Western Railroad from minerals company Covia Holdings Corp.

Railway track

Voith and CRRC to expand strategic alliance

2019-09-11T06:00:00+01:00

INTERNATIONAL: Voith and CRRC have agreed to strengthen their co-operation in the rail and industrial sectors, as part of a framework agreement signed in Beijing on September 6, during a visit to China by Chancellor Angela Merkel.

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Banedanmark awards lidar scanning contract

2019-09-09T09:00:00+01:00

DENMARK: Infrastructure manager Banedanmark has awarded Fugro a four-year framework agreement for lidar scanning of its 3 100 track-km network.

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