Railway supply industry news
Latest business news from the global railway supply industry, including company mergers, acquisitions and financial results.
Wabtec to close MotivePower plant
USA: Wabtec is to end locomotive production at the MotivePower plant in Boise, Idaho, by early 2020, with manufacturing to be consolidated at the former GE Transportation site in Erie, Pennsylvania.
Mexican wagon manufacturing joint venture announced
MEXICO: US wagon manufacturer FreightCar America and heavy fabrication company Fabricaciones y Servicios de México have announced a joint venture to produce wagons in Castaños.
Railway supply industry news round-up
Transmashholding’s TMH International and the RSRS GmbH Railway Infrastructure joint venture of RZDstroy and Molinari Rail have signed memorandum of understanding for co-operation on international rail projects, including development, feasibility studies, engineering, procurement, construction and commissioning.
RJ Corman Railroad Co leases Childersburg Line
USA: RJ Corman Railroad Co has finalised a long-term agreement to lease a 21 km short line in Coosa Pines, Alabama, from the City of Childersburg Local Redevelopment Authority.
Bouygues cuts its stake in Alstom
ALSTOM: On September 12, French construction and industrials conglomerate Bouygues confirmed that it had divested more than 29 million shares in Alstom.
Railway supply industry news round-up
EBRD backs grain transport modernisation in Ukraine
Winchester & Western Railroad sold
Voith and CRRC to expand strategic alliance
Banedanmark awards lidar scanning contract
Icomera wins GO Transit wi-fi contract
Show Us the Rail Enhancements, says Railway Industry Association
Railway supply industry news round-up
Wagon leasing joint venture formed
Loco2 to rebrand as Rail Europe
UNIFE demands ‘fair’ market access for European and Chinese suppliers
Systra buys British Steel’s TSP Projects business
Railway Gazette: a fresh perspective
Australian investment group FSI to buy Patriot Rail
Vossloh to sell Locomotives business to CRRC
Railway supply industry news round-up
Russian wagons for DB on test
Ataer Holdings named preferred bidder for British Steel