Railway supply industry news – Page 18
-
In depthUSA: Attracting shippers to freight rail
AAR subsidiary Railinc has developed an intuitive software platform aimed at making it easier for freight shippers to choose rail over other modes, as Product Manager Danny Dever explains to Nick Kingsley.
-
NewsUK and Israel sign MoU to share transport expertise
INTERNATIONAL: The UK’s Department for Transport and Israel’s Ministry of Transport & Road Safety have signed a memorandum of understanding to share expertise on large scale rail projects, which DfT said could lead to ‘fresh business opportunities and potential new jobs’.
-
-
In depthInfrastructure: A change of track
Advances in turnout design, greater use of digital technologies and a strong focus on performance are helping to improve the capacity and reliability of Sweden’s rail network. Chris Jackson reports from Örebro.
-
NewsTalgo to consider Egyptian rolling stock factory
EGYPT: The Ministry of Transport, the National Egyptian Railway Industries Co joint venture and Talgo have agreed to study the feasibility of developing a domestic passenger rolling stock factory. It is envisaged that this could produce 100 air-conditioned first class coaches, 200 air-conditioned second class coaches ...
-
-
NewsColas Rail enters German market with strategic acquisition
GERMANY: Colas Rail has signed a share purchase agreement to acquire rail infrastructure contractor Hasselmann Group. Colas said this would give it a foothold in the German market as part of its strategy to target countries with stable economies and high potential for investment in rail ...
-
Rail Business UKWabtec opens first European Transit Performance Optimisation Centre in Derby
UK: Porterbrook will be the first UK rail customer to use a Transit Performance Optimisation Centre which Wabtec has opened in Derby as part of its expansion into asset analytics and condition monitoring to support predictive maintenance. Wabtec already operates four Global Performance Optimisation Centres in ...
-
NewsAmergin to invest in rail and aviation assets
USA: Funds managed by Blue Owl Capital’s Owl Rock division have invested in Amergin Asset Management, which has been formed to invest in a diversified portfolio of wagon and aircraft assets for lease. Based in Boca Raton, Florida, Amergin is headed by CEO Mark McGreenery; he ...
-
-
Rail Business UKLB 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 ...
-
NewsCDPQ 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 ...
-
NewsCAF 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 ...
-
-
NewsMagyar 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 ...
-
NewsHigh 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 ...
-
NewsUkrainian 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 ...
-
In depthSénégal: 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.
-
NewsAIMCo 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 ...
-
