Railway supply industry news – Page 103
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NewsRailway supply industry news round-up
Russia’s United Wagon Co produced 4 600 wagons in Q2 2017, up 22% on the same period last year. The company now offers 45 types of wagon. Property, residential, construction and services group Kier has completed the acquisition of UK infrastructure services company McNicholas. ‘It is a highly complementary ...
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NewsCAF invests in Italian wheelset and wagon businesses
ITALY: Spanish rolling stock manufacturer CAF announced on July 19 that its CAF MiiRA wheelset, axles, gearbox and couplers business had acquired wheelset and wagon maintenance company Rifer, which has more than 60 employees and a turnover close to €10m. CAF Group said the acquisition would supports its growth and ...
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NewsAlpenglow Rail acquires its first short line
CANADA: Alpenglow Rail announced the acquisition of its first rail business on July 12. VIP Rail is based at Sarnia in Ontario’s Chemical Valley region, and provides shunting, transloading, warehousing, road haulage and wagon storage, cleaning and repair services. Denver-based Alpenglow Rail was founded by former OmniTRAX executives Rich Montgomery, ...
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NewsStadler awarded Syntus EMU maintenance contract
NETHERLANDS: On July 18 Syntus formally awarded Stadler Service Nederland a 15-year contract to undertake all aspects of maintenance for 16 Flirt electric multiple-units which are currently being tested ahead of entry into service between Zwolle, Kampen and Enschede from December 2017. The nine three-car and seven four-car 1·5 kV ...
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NewsAbellio takes full ownership of WestfalenBahn as market gets more competitive
GERMANY: The Abellio GmbH German subsidiary of Dutch state passenger train operator NS has reached an agreement to acquire the stakes in Westfalenbahn which are currently held by municipal partners moBiel, Mindener Kreisbahnen and Verkehrsbetriebe Extertal. The transaction announced on July 18 is subject to regulatory approval, and terms were ...
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NewsHS1 concession sold on
UK: A consortium including South Korea’s National Pension Service has agreed a £3bn deal to purchase the 30-year concession to manage High Speed 1 from the two Canadian pension funds which have managed the line since November 2010. The concession covers the operation and maintenance of the 109 km rail ...
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NewsBrookfield Rail becomes Arc Infrastructure
AUSTRALIA: Western Australia’s infrastructure management concessionaire Brookfield Rail announced on July 17 that the company was changing its name to Arc Infrastructure. CEO Paul Larsen said the move was ‘an exciting time for our business. While we remain a Brookfield company, we’re looking forward to creating our own unique identity’. ...
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NewsRailway supply industry news round-up
Alstom recorded orders of €1·91bn in Q1 from April 1 to June 30, with major orders in Canada, Vietnam. Senegal and Germany, the USA and the Philippines. Sales of €1·86bn were up 6% (5% organically) compared to the same period last year, as a result of deliveries of regional trains ...
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NewsFS Group signs Iranian co-operation agreements
IRAN: Three co-operation agreements were signed in Tehran on July 11 by CEO of Italy’s national railway group FS Renato Mazzoncini and Islamic Republic of Iran Railways President Saeed Mohammadzadeh. The first agreement is potentially worth €1·2bn and covers the provision of design and construction services for the planned Qom ...
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NewsCRRC and Sinara sign rolling stock joint venture agreement
RUSSIA: The chairmen of Russia’s Sinara Group and China’s CRRC Changchun signed an agreement to establish the Sinara-CRRC Rail Transport rolling stock joint venture on July 4, in the presence of national presidents Vladimir Putin and Xi Jinping who was on a state visit to Russia. The agreement builds on ...
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NewsCAF selects Newport for UK rolling stock factory
UK: Spanish rolling stock manufacturer CAF has selected the Celtic Business Park at the Llanwern steelworks site near Newport in South Wales as the location of its future UK factory. The 46 000 m2 plant would be designed to accommodate the production of a range of different vehicle types, including ...
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NewsFinal Brazilian-built EMU for PRASA completed
SOUTH AFRICA: Alstom Brazil’s Lapa factory has completed the last of 20 X'Ttrapolis Mega electric multiple-units for Passenger Rail Agency of South Africa. PRASA placed a R51bn order for 600 of the six-car 1 067 mm gauge EMUs in 2013, with 20 to be supplied from Brazil and the remaining ...
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NewsUK Railway Research & Innovation Network awarded funding
UK: A partnership of rail industry suppliers and eight universities has been awarded public funding towards a £92m programme aimed at establishing a world-leading centre of railway excellence. The Higher Education Funding Council for England is contributing £28·1m from the UK Research Partnership Investment Fund to support the newly-created UK ...
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Metro Report InternationalKeolis Downer takes over operation of Newcastle transport network
AUSTRALIA: A joint venture of French public transport operator Keolis and infrastructure services company Downer EDI took over the operation of bus and ferry services in Newcastle, New South Wales, on July 1. According to Keolis, this is the ‘first multimodal transport system to be operated by a private operator ...
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NewsCautious welcome for EU-Japan rail accord
INTERNATIONAL: European railway suppliers’ association UNIFE has welcomed the political agreement between the European Commission and the Japanese government on EU-Japan free trade, announced during a visit to Brussels by Japanese Prime Minister Shinzo Abe on July 6. With the key points now agreed, the text is expected to be ...
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NewsRailway supply industry news round-up
In order to focus on the road sector, Sensys Gatso Group has signed an agreement for Ricardo Rail to sell its Automatic Pantograph Monitoring System and later manufacture it under licence. ‘This strategic co-operation with Ricardo Rail allows us to focus on our core business, while still being able ...
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NewsBHEL and Kawasaki sign metro rolling stock agreement
INDIA: BHEL and Kawasaki Heavy Industries signed a technology collaboration agreement on June 29 covering the manufacture of stainless steel metro cars and bogies. Under the agreement, design, engineering and manufacturing facilities are to be established at BHEL’s Indian site using Japanese technology. BHEL says that the agreement ...
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NewsSNCF buys online ticket retailer Loco2
FRANCE: Independent online ticket retailer Loco2 announced on July 5 that it had been bought by SNCF’s Voyages-sncf.com business. Loco2 co-founders Kate and Jamie Andrews will remain with the business they launched in 2012. Kate Andrews said it would continue to operate as an independent company, but the new owner ...
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NewsBombardier Transportation relocates Berlin headquarters
GERMANY: Bombardier Transportation moved its global headquarters in Berlin to Brookfield Properties Germany’s Eichhornstraße 3 building with effect from July 3. There are around 250 employees at the new headquarters near Potsdamer Platz, which has been laid out with a focus on collaboration, personal productivity and flexibility, as well as ...
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NewsVTG to buy CIT Group’s European wagon leasing business
EUROPE: CIT Group Inc of the USA has reached a definitive agreement to sell its European wagon leasing business to Hamburg-based VTG AG. CIT Rail Holdings (Europe) SAS owns Paris-based NACCO, which according to VTG is the fourth largest private wagon leasing company in Europe with a ‘well-balanced portfolio’ ...