PKP Cargo has signed a letter of intent with Poland’s Industrial Development Agency for co-operation in setting up a wagon factory near Rzeszów. Greenbrier subsidiary Wagony Świdnica is expected to sign a letter of intent soon, allowing a fuller agreement to be signed by the end of the year.

Eight employees from Merseyrail’s Birkenhead North depot, including three apprentices, have started a three-month training tour of Stadler sites ahead of the arrival of the Liverpool operator’s first Stadler EMU later this year. A second group will start a similar training programme in August.

A Bombardier-Hartasuma consortium has signed an agreement under Malaysia’s Industry Collaboration Programme to provide opportunities for local firms to contribute to the global supply chain.

On April 17 FS Group met with Japan Bank for International Co-operation to discuss the Italian state railway’s international activities and possible synergies in financing projects in Italy and elsewhere, including the UK and Far East. JBIC supports Japanese companies including Hitachi Rail through loans, equity participation and guarantees.

FreightCar America has announced revenue of $70·7m on deliveries of 641 wagons for its first quarter to March 31. It recorded a net loss of $14·0m. ‘We have made tremendous progress on our strategic initiatives to revamp our operations and reduce material and labour costs’, said President & CEO Jim Meyer. ‘We are also now accelerating efforts to strengthen our product portfolio to better align with market needs and drive top-line growth’ He said the results were in line with expectations, and the ‘goal is to be substantially retooled as a company within the year and to have FreightCar America well positioned for long-term growth and success, beginning in 2020.’

Ticketing and payments technology company Masabi has announced a $20m growth funding round, with investment led by Smedvig Capital with MMC Ventures and other existing investors.

Klaus Deller resigned as Chairman of the executive board of Knorr-Bremse AG by mutual agreement with effect from April 30. The supervisory board said it was fully behind the company’s business strategy, and Deller had resigned owing to ‘different views about leadership and collaboration.’ His responsibilities have been assumed jointly by executive board members Ralph Heuwing, Dr Peter Laier and Dr Jürgen Wilder until a successor is appointed.

KLIA Ekspres tickets are now available on the Tripcarte.Asia online travel and activity booking platform. ‘Travellers abroad can now plan their holiday and book their travel arrangements, including KLIA Ekspres tickets, on a single platform’, said Express Rail Link CEO Noormah Mohd Noor said.