Railway supply industry news – Page 17
-
NewsWorld rail industry returns to InnoTrans in a spirit of optimism
INNOTRANS: The four days of the InnoTrans 2022 trade fair attracted 2 834 exhibitors from 56 countries and 137 394 visitors from 131 countries, organiser Messe Berlin reports. The number of first-time visitors was particularly high at 56%, and 57% of visitors were from outside Germany. ...
-
NewsNorth American and European rail supply industry associations sign MoU
INNOTRANS: The US Railway Supply Institute, the Canadian Association of Railway Suppliers and European supply industry association UNIFE have signed a Memorandum of Understanding aimed at strengthening future collaboration. The three organisations said the MoU signed at InnoTrans in Berlin would begin a new phase in ...
-
NewsBrazilian railway infrastructure co-operation
BRAZIL: ENSCO Rail and Valec Engenharia have signed a memorandum of understanding to offer railway infrastructure services. This will combine ENSCO’s automated track inspection technology and engineering services with state-owned Valec’s expertise in Brazilian railway engineering, construction and reporting requirements. ‘This partnership is designed to play ...
-
NewsOperail to sell non-strategic assets
ESTONIA: Eight bidders have been shortlisted to participate in the potential sale of state rail freight group Operail’s locomotive assembly and repair, wagon leasing and Finnish operating businesses. The government has deemed these as non-strategic activities. The state began the partial privatisation process around 1½ years ...
-
NewsTransport cybersecurity collaboration
INTERNATIONAL: Alstom is to work with Waterfall Security Solutions to protect safety-critical and reliability-critical digital networks in the rail and public transport sectors. Co-founder and CEO Lior Frenkel said Waterfall brings expertise and technologies which have been proven in the electric power, oil, gas and water ...
-
NewsABB to expand portfolio with acquisition of PowerTech Converter
GERMANY: ABB is to acquire PowerTech Converter, which supplies auxiliary power converters for light rail vehicle and metro train onboard systems such as HVAC, lighting, safety equipment, doors and battery charging. Acquired by corporate turnaround specialist Radial Capital Partners from Knorr-Bremse in 2019, PTC has its ...
-
NewsTMH Africa bodyshell business acquired by Alstom
SOUTH AFRICA: Alstom has acquired TMH Africa’s bodyshell manufacturing activities, which produced bodies for Traxx electric locomotives ordered by Transnet before filing for business rescue. Alstom said the acquisition announced on September 13 would protect 105 jobs and retain local expertise. ‘We are pleased to diversify ...
-
NewsInvestors acquire Australian rolling stock leasing company
AUSTRALIA: A 50:50 consortium of DIF Capital Partners and Amber Infrastructure Group has agreed to acquire locomotive and wagon leasing and maintenance company Rail First from Anchorage Capital Partners. The transaction announced on September 5 is expected to close by the end of October, subject to ...
-
-
In depthFreight: Pulling the right levers to boost modal share
Governments around the world are keen to improve rail’s share of the freight market, although there are stark contrasts in start points and end goals between regions. Nevertheless, consultancy Roland Berger believes a comprehensive set of levers can be pulled to boost rail freight globally.
-
Metro Report InternationalPredictive supply chain partnership
FRANCE: Internet of Things company Stimio and tram and bus component supplier CBM have partnered to offer a predictive maintenance tool directly connected to spare parts supply services. ‘Our end-to-end solution frees our customers from the complexities of IoT projects, letting them focus on business data ...
-
NewsEurope’s Rail awards first research grants
EUROPE: The Europe’s Rail Joint Undertaking has awarded €232·8m of co-funding for six research and innovation projects with a total value of €568·4m following its first call for proposals. The Europe’s Rail Joint Undertaking has succeeded the previous Shift2Rail programme. A second call for proposals covering ...
-
-
NewsFuel cells ordered for Indian hydrogen trains
INDIA: Medha Servo Drives has awarded Ballard Power Systems a contract to supply eight fuel cell modules for two hydrogen trains it is developing for Indian Railways. The project involves retrofitting two diesel-electric commuter multiple-units with Ballard 100 kW FCmoveTM-HD+ fuel cells. The modules are expected ...
-
NewsLocal firms establish Talbot Holding GmbH
GERMANY: The assembly plant in Aachen which has traded as Talbot Services GmbH since July 1 2013 was renamed as Talbot Holding GmbH with effect from August 25 2022. The change in name reflects the establishment of a holding company owned mainly by investors with expertise ...
-
NewsOrders up but profit down at Stadler
SWITZERLAND: Stadler has announced an increase in orders in the first half of the year, but net profit was down because of currency effects and the company says that supply chain issues mean costs could rise in the future. Presenting its H1 results on August 31, ...
-
-
NewsKnorr-Bremse acquires DSB Component Workshops
DENMARK: Knorr-Bremse has bought DSB’s Component Workshops business, which undertakes rolling stock subsystem overhauls and has long-term parts supply agreements with the national passenger operator. Knorr-Bremse will integrate DSB Component Workshops and its 400 full-time employees at five sites in Aarhus and København into its RailServices ...
-
NewsStadler names next Group CEO
INTERNATIONAL: The Stadler board has named Markus Bernsteiner as Group CEO with effect from January 1 2023. He has worked for Stadler since 1999 and is currently Deputy Group CEO, Executive Vice-President of the Switzerland Division and manages the plants in Bussnang and St Margrethen as ...
-
