FOLLOWING its acquisition of a 15% stake in Titagarh Wagons (RG 9.07 p576), GE Equipment Services is providing financing to ETA Engineering Pvt Ltd for the purchase of more than 200 container wagons from the manufacturer.
ETA has entered into a concession agreement with Indian Railways to operate the wagons on container trains under the Freightstar brand.
INTERNATIONAL: ‘Beware of trains. Life can change in a split second’ is the slogan for the 16th International Level Crossing Awareness Day, which this year has a particular emphasis on the safety of vulnerable people. Around 50 countries take part in the annual ILCAD campaign which ...
INDIA: The AT Railway a subsidiary of Amber Enterprises India has signed a joint venture agreement with South Korea’s Yujin Machinery to design, manufacture, and develop critical components for various types of rolling stock used in India. The joint venture will focus on components such as ...
EUROPE: Austrian Federal Railways has put into service the first of its updated Railjet trainsets on services linking Germany, Austria and Italy. Toma Bačić rode on a preview run between München and Verona on April 5.
