Railway supply industry news
Latest business news from the global railway supply industry, including company mergers, acquisitions and financial results.
Railway supply industry news round-up
Knorr-Bremse suspended its guidance for the 2020 financial year on March 27, saying the effects of the Covid-19 crisis had rendered numerous assumptions obsolete. It said a rapid recovery in China, where Knorr-Bremse’s plants have resumed 97% of their operations, showed that with appropriate measures delivery capacity can be quickly ...
Russian Railways pulls out of Iranian infrastructure work
IRAN: Russian Railways confirmed on April 2 that it had ceased work on infrastructure projects in Iran, and was to close its Tehran office.
Railway supply industry news round-up
Stucki Roller Bearing has opened a plant in Lincoln, Nebraska, to meet growing demand for reconditioned bearings for locomotive, wagon and passenger transport applications. SRB’s second facility has nearly 40% more space than its primary location in Elizabethtown, Kentucky. ‘In addition to adding space to support our growing volume, we’re ...
Tracsis acquires ticketing software specialist iBlocks
UK: Transport software company Tracsis plc has acquired a smart ticketing, back office and automated delay repay specialist iBlocks.
Dr Josef Theurer
AUSTRIA: Dr Josef Theurer, founder and long-standing CEO of track maintenance machine manufacturer Plasser & Theurer, died on March 19 at the age of 91.
Railway supply industry news round-up
India’s Chittaranjan Locomotive Works has announced the roll out of the 2 500th three-phase passenger locomotive since production began in 1997.
TMH displays rolling stock range to Kazakh operators
Railway supply industry news round-up
Ferrocarril Central concrete sleeper contract
Zipabout targets European growth with passenger information platform
Jingye completes acquisition of British Steel assets in the UK and Netherlands
RITES flotation oversubscribed
Railway supply industry news round-up
Turkish locomotive and rolling stock builders to merge
VTG acquires majority stake in Carbo Rail
Railway supply industry news round-up
Indian wagon concept presented by Russian defence supplier
Zambia Railways to benefit from telecoms firm’s digitalisation expertise
Prince of Wales inaugurates CAF’s Newport rolling stock factory
Keolis moves UK headquarters from London to Cardiff
Railway supply industry news round-up
SmartRail Europe attracts global rail professionals
Keolis joins Greentown Labs startup incubator
Alstom agrees to buy Bombardier Transportation