The American Railway Car Institute reports that wagon manufacturers saw an upsurge in orders during the first quarter, at 36903 compared with 5078 in Q1 2010.
The Financial Times has reported that Spanish train builder Patentes Talgo has appointed Nomura Holdings, Credit Suisse Group and Banco Santander to prepare an IPO which could value the company at around €1bn.
TUV Rheinland Rail Sciences Inc has relocated its testing and metallurgical analysis laboratory from Omaha to La Vista, Nebraska. ‘We have moved from crowded, shared space into a new dedicated facility with easier access to major transportation routes, enhanced work-flow paths and upgraded equipment’, said President Gary Wolf.
Polish rail infrastructure contractor Kolprojekt Sp zoo announced it had gone into receivership on April 29.
Freightliner Maintenance Ltd has opened a facility at York in northern England to undertake maintenance of Freightliner Heavy Haul’s type HHA coal wagons.
Polish railway holding company PKP SA is to sell a stake of 30% to 35% in PKP Energetyka, which provides electrical power for traction and other applications and is responsible for the maintenance of infrastructure manager PKP PLK’s electrification equipment.