Railway supply industry news – Page 12
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NewsWabtec to acquire Dellner Couplers from EQT
SWEDEN: Wabtec has announced a US$960m definitive agreement to acquire Dellner Couplers from EQT, saying the deal adds ‘highly attractive and complementary technologies’ to its passenger rolling stock component portfolio. ‘Dellner Couplers provides significant synergies by complementing our core Transit systems portfolio, servicing a joint customer ...
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NewsPSC Group acquires Rescar wagon repair and cleaning activities
USA: Houston-based industrial logistics and repair services group PSC has announced a ‘significant’ expansion of its freight wagon activities through the acquisition of 32 repair, inspection, cleaning, shunting and maintenance facilities operated by Rescar. ‘The breadth and depth of leadership expertise, strong reputation for excellent customer ...
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NewsVirgin seeks partners to launch cross-Channel train service
EUROPE: Virgin Group is seeking partners to invest in its planned launch of international high speed train services through the Channel Tunnel. On March 9, the Financial Times reported that Virgin Group is seeking to raise £300m in equity and £400m in debt. A Virgin Group ...
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Rail Business UKRailtex 2025 exhibition postponed
UK: The Railtex rail industry trade fair which was to have been held at the National Exhibition Centre in Birmingham on May 13-15 2025 has been postponed. Event organiser RX Global told Rail Business UK that ‘we have been looking into the rail portfolio strategy and ...
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NewsPolish-Korean railway technology partnership
INTERNATIONAL: The Rail-Mil Computers subsidiary of Poland’s Kombud Group and South Korean company STraffic have formed a strategic partnership to supply control systems for railways and metro lines. ‘STraffic has successfully completed major infrastructure projects in 13 countries worldwide, accumulating vast experience and a diverse product ...
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Rail Business UKResearch centre to explore the use of AI and fare evasion in public transport
UK: Cubic Transportation Systems and experts from Imperial College London are to conduct joint research into the use of artificial intelligence and machine learning in the public transport sector. Collaboration is already underway, and in September an ‘immersive’ centre will be opened at CTC’s Redhill site ...
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NewsVinci Energies acquires Canadian signalling company
CANADA: Vinci Energies and its local subsidiary TCI+ have acquired signalling design, installation and maintenance company X-Rail Signalisation. Vinci Energies said the acquisition would strengthen its position in Québec’s railway market and, more broadly in the Canadian rail-based public transport sector. ‘This acquisition is fully aligned ...
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Metro Report InternationalVery light rail and pop-up metro partnership
INTERNATIONAL: US-based international railway investor Railroad Development Corp and British lightweight rolling stock developer TDI Greenway are to join forces in the emerging very light rail and ‘pop-up metro’ sectors.
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NewsMagRail technology company targets Indian rail market
INDIA: Rolling stock and rail infrastructure supplier Texmaco Rail & Engineering and European maglev and automation technology company Nevomo have signed a memorandum of understanding. The MoU covers collaboration on development and marketing of magnetic linear propulsion, autonomous freight and predictive track maintenance technologies in the ...
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NewsPolish high speed train business plan under development
POLAND: High speed rail and airport project promoter Centralny Port Komunikacyjny has appointed EY to prepare a business plan for the procurement and management of its future train fleets.
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Rail Business UKEgis acquires Derby-based rail electrification business
UK: Egis has acquired railway electrification design and engineering consultancy Overhead Line Engineering Ltd, saying the Derby-based company’s deep technical knowledge and hands-on experience ‘in an industry where specialist expertise is scarce’ would be a valuable addition to the group. Egis said OLE has successfully delivered ...
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NewsVectron framework order signed
EUROPE: Leasing company Northrail’s parent RIVE Private Investment has awarded Siemens Mobility a framework contract for the supply of Vectron locomotives. A firm order has been placed for an initial 15 to be delivered in 2026-27, and this includes an eight-year comprehensive full-service agreement. There is ...
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NewsBasque consortium agrees to acquire Talgo stake
SPAIN: A Basque consortium has reached a commercial agreement for the acquisition of approximately 29·7% of the share capital of Talgo from largest shareholder Pegaso Transportation International. The consortium comprises Clerbil, which owns steelmaker Sidenor, as well and financial organisations Finkatze Kapitala Finkatuz, BBK Banking Foundation ...
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Metro Report InternationalNew York: Subway operator seeks supplier support
Tim Mulligan is heading up a newly created rolling stock programme office at New York MTA, tasked with widening and deepening the relationship between the authority and its supply chain. He explained the plans to Nick Kingsley.
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NewsCargoBeamer raises capital to support road to rail modal shift
EUROPE: CargoBeamer has raised up to €65m in a combination of equity and debt financing from Orion Infrastructure Capital to support the growth of its activities which enable the transport of non-craneable semi-trailers by rail. Last year it secured €50m from existing shareholder Nordwind Ventures and ...