Railway supply industry news
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News
Vossloh expands in the Netherlands with acquisition of ETS Spoor
NETHERLANDS: Vossloh signed an agreement to acquire ETS Spoor on July 26, saying the rail infrastructure component and services company is an ‘established and leading’ business in the ‘technologically sophisticated and highly innovative’ Dutch market where Vossloh sees ‘outstanding’ growth prospects. The deal is expected ...
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Modular rolling stock and technology partnerships in Pesa’s 2025+ strategy
POLAND: Modular and ‘hydrogen ready’ rolling stock and technology partnerships are included in a five-year development strategy set out by rolling stock manufacturer Pesa Bydgoszcz. The company said it aims to achieve stable development, strengthen its position in the domestic market and expand internationally by ...
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Kazakh-built passenger locomotive commissioned
KAZAKHSTAN: National railway KTZ has commissioned the first Alstom Prima M4 KZ4AT electric passenger locomotive to be assembled locally rather than imported from France. KTZ has ordered a total of 302 Prima T8 KZ8A freight locomotives and 119 Prima M4 KZ4AT passenger locomotives since 2010. ...
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Rail Business UK
Two investors to take 30% stake in Porterbrook
UK: An agreement has been signed for UK investment fund Dalmore Capital and Israeli energy and infrastructure fund Generation Capital to acquire the 30% shareholding in rolling stock leasing company Porterbrook that is currently held by The Infrastructure Fund, Utilities Trust of Australia and the NatWest ...
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Rail freight monitoring technology partnership launched
NORTH AMERICA: Supply chain data analytics company Nexxiot and cargo monitoring technology specialist TransRail Innovation Group have announced a partnership to integrate TRIG’s sensors into Nexxiot’s modular hardware and cloud data network. TRIG’s digital sensors evaluate liquid cargo levels in real-time, monitor whether wagon handbrakes ...
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Covid Impact Tracker shows continued losses for rail in 2021
EUROPE: The economic situation for EU railways shows very little sign of improvement, according to the Community of European Railway Infrastructure Companies’ Covid Impact Tracker. Revenues from January to May 2021 were lower across the board than in the second half of 2020, the association reported. ...
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Alstom targets growth, innovation and efficiency in 2025 strategy
ALSTOM: The board has approved the updated Alstom in Motion 2025 strategic plan, which focuses on capturing strong market growth opportunities, reinforcing innovation leadership, driving efficiency and ensuring the successful integration of Bombardier Transportation. The Alstom in Motion strategy was first announced in 2019. Its ...
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Leasing company acquires Duisburg workshop
GERMANY: Railpool Group has acquired KTG Railservice, which operates a locomotive maintenance workshop at Duisburg inland port. The leasing company now has three workshops in Germany, open to all customers. KTG founder Carsten Janneck will continue to lead the business as Managing Director. ‘An almost ...
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Rolling stock HVAC testing flaws come to light
JAPAN: Mitsubishi Electric President CEO Takeshi Sugiyama has announced his resignation, after an internal investigation found that rolling stock heating, ventilation and air-conditioning systems and air compressors supplied by the company had not been tested according to documented specifications. The company said there ...
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CAF looks to partner with rail and bus start-ups
SPAIN: CAF Group has launched CAF Startup Station as a venture client unit which will partner with ‘top tier’ start-ups with ideas for the rail and bus sectors. CAF Startup Station will provide the entire CAF Group with in-house services to identify start-ups, validate their ...
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Fundación ONCE advises Alstom on disability inclusion
ALSTOM: Alstom and Spain’s ONCE Foundation for Co-operation Social Inclusion of People with Disabilities have renewed a collaboration framework agreement which aims to improve the usability and comfort of trains for people with disabilities and the elderly. Projects which have benefited from the ...
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Fuel cell and battery hybrid locomotive development agreement signed
RUSSIA: An agreement to co-operate to develop hydrogen fuel cell and lithium-ion battery hybrid locomotives has been signed by Russian Railways, locomotive supplier Sinara Group and nanotechnology investor Rusnano. The agreement provides for research, development and design work, analysis of the infrastructure which would required ...
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Feasibility of adding 550 km/h maglev services to existing railway corridors to be studied
ITALY: The technical and economic feasibility of operating 550 km/h magnetic levitation vehicles on existing railway alignments in addition to conventional trains is to be studied by infrastucture manager RFI and Polish-Swiss maglev and hyperloop technology company Nevomo. The organisations have signed a one-year memorandum ...
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Research, market access and demand form three pillars of UNIFE advocacy strategy
EUROPE: UNIFE’s general assembly has approved the European rail supply industry association’s 2021-22 advocacy strategy, through which it aims to continue to raise awareness of the strategic importance of the sector from both an industrial and a sustainable transport point of view, and highlight the challenges ...
