Railway supply industry news
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Rail Business UK
LB Foster announces two acquisitions
UK: US-headquartered rail infrastructure and operational technology company LB Foster has announced two acquistions in the UK transport sector Telford-based Skratch offers digital display design, proof of concept, hardware and software, logistics, installation, maintenance, content management and managed monitoring capabilities that LB Foster intends to leverage ...
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News
CDPQ to buy locomotive leasing company Akiem
EUROPE: Following a competitive auction, Akiem shareholders SNCF and DWS have agreed to enter into exclusive negotiations to sell the Akiem locomotive leasing business to Canadian pension and insurance investor CDPQ. The transaction announced on August 1 is subject to consultation with employee representatives and regulatory ...
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News
CAF completes acquisition of Alstom’s Reichshoffen plant and two train designs
EUROPE: CAF has formally completed the acquisition of the Alstom plant at Reichshoffen in France, along with the Coradia Polyvalent rolling stock portfolio and intellectual property related to the Talent 3 platform. Alstom agreed to the divest the former De Dietrich plant in Alsace and two ...
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News
Magyar Vagon becomes sole owner of Dunakeszi Járműjavító
HUNGARY: Investment company Magyar Vagon has become sole owner of the Dunakeszi Járműjavító coach factory, by acquiring the 50% stake in the TMH Hungary Invest joint venture which was previously held by the TMH International subsidiary of Russian rolling stock group Transmashholding. Magyar Vagon said it ...
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News
High speed operator deploys white label ticketing platform
ITALY: Trainline’s B2B arm Trainline Partner Solutions has supplied open access high speed train operator Italo with an online multi-modal ticket platform enabling passengers to book travel to destinations beyond the 60 stations that it currently serves. It launched July 21, adding tickets for Italbus buses ...
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News
Ukrainian wagon manufacturer targets EU market with new designs
EUROPE: Ukrainian rolling stock manufacturer Kryukovsky Railway Car Building Works is negotiating with EU operators and leasing companies in the hope of winning contracts to supply new designs of 1 435 mm gauge wagon that it has developed for transporting containers and swap bodies. ‘Taking into account ...
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In depth
Sénégal: Rites deal supports passenger revival
Grands Trains du Sénégal’s ambitions to restore passenger services on sections of the Senegalese network will be boosted by support from Indian consultancy Rites.
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News
AIMCo to acquire Cando Rail & Terminals
CANADA: Alberta Investment Management Corp has signed a definitive agreement to acquire a 100% equity stake in Cando Rail & Terminals Ltd from the rail freight group’s employees and private equity investor TorQuest. Manitoba-based Cando was founded in 1978 and now operates more than 40 industrial ...
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News
TMH to move rolling stock production
RUSSIA: An agreement for the development of an electric rolling stock factory in St Petersburg was signed by the city’s government and Transmashholding during June. The cost of at least 3bn roubles will be financed by TMH, which expects to create more than 1 000 new ...
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News
Taking pantograph monitoring to the Americas
INTERNATIONAL: Ricardo and PantoInspect have formed a strategic alliance to supply PanMon pantograph monitoring technology in the Americas, building on its use in Europe, Australia and Africa. PanMon uses high-definition cameras and lasers above or adjacent to the track to scan passing pantographs at 3 000 ...
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News
San Diego operations and maintenance taken in-house
USA: San Diego’s North County Transit District has completed the insourcing of operation and maintenance of its Coaster and Sprinter regional passenger services. This was previously undertaken by Alstom, as successor to Bombardier Transportation, and sees almost 100 staff transfer to the agency. ‘This transition will ...
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In depth
Comment: No time to delay
The rail industry is emerging from the pandemic facing an urgent need to prioritise investment and ensure tangible operational, productivity and technological benefits are delivered within the next five years, argues our Executive Editor Nick Kingsley.
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Rail Business UK
Siemens Mobility announces £7m Goole component facility
UK: Siemens Mobility is to open a £7m traction drive and motor maintenance facility at the ‘rail village’ being developed around its future rolling stock factory in Goole. To be built by local contractor GMI Construction Group for opening in 2023, the facility will undertake UK ...
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News
Leadership change at eos.uptrade
GERMANY: Michael Kujas, the founder of transport ticketing software company Eos.uptrade, has handed over the role of CEO to Mathias Hüske, who now runs the business with Chief Financial Officer Babette Röder. Kujas founded the Hamburg-based company in 2000, and it was acquired by Siemens Mobility ...
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News
Alstom transfers V300 Zefiro activities to Hitachi Rail
EUROPE: Alstom has completed the transfer of its activities relating to V300 Zefiro high speed trainsets to Hitachi Rail, which produces the trainsets in partnership with the former Bombardier Transportation business. Divesting the V300 Zefiro activities was one of the commitments which Alstom made to the ...
