Railway supply industry news – Page 21
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Metro Report InternationalSingapore metro contracts signed
SINGAPORE: Metro and bus operator SBS Transit and Siemens Mobility have signed contracts for equipment maintenance and a memorandum of understanding for the use of software. A long-term service support contract running to 2047 covers the Siemens Mobility Trainguard Sirius communications-based train control on the Downtown ...
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NewsVR completes acquisition of MTR Express
SWEDEN: Finnish national operator VR Group completed its acquisition of MTR Corp’s Stockholm – Göteborg open access passenger operator MTR Express on May 30. Integration of MTRX into VR’s long-distance operations will begin immediately, with the 130 employees now part of VR’s inter-city business unit. Services ...
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NewsRolling Stock Procurement Pipeline aims to reduce boom and bust
AUSTRALIA: The Office of National Rail Industry Coordination has published a National Rolling Stock Procurement Pipeline webpage, which aims to provide an overview of current projects to enable purchasing decisions to be timed to avoid ‘boom and bust’ cycles. It includes procurement location, estimated value, status, ...
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Rail Business UKArcadea invests in revenue protection software company Raspberry
UK: Toronto-based software business investor Arcadea Group has acquired a majority stake in Raspberry Software, which specialises in mobile software for railway revenue protection and penalty fare appeals services. Founders Andy Jeff, Peter Jarvis and Simon Hopper will remain in their leadership positions at Suffolk-based Raspberry. ...
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NewsStrategic investment in rail logistics and asset management software business
GERMANY: Canadian software company investor Arcadea Group has announced a strategic investment in rail logistics and asset management software company Zedas. Zedas founder and CEO Wolfgang Jahn will remain in place, along with the rest of the leadership team. ‘Aligning with Arcadea Group is a game-changer ...
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Metro Report InternationalDeutschland-Ticket fraud revealed
GERMANY: Widespread cases of fraud involving the purchase of the flat-fare Deutschland-Ticket have been uncovered. Verkehrsverbund Rhein-Main had reported a number of fraudulent transactions in March, but the problem has since become more common, with Dresdner Verkehrsbetriebe warning on May 22 that numerous cases of criminal ...
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NewsAkiem opens Ostricourt locomotive maintenance centre
FRANCE: Leasing company Akiem has opened a locomotive maintenance and overhaul workshop near the Dourges Delta 3 intermodal logistics terminal in Ostricourt, south of Lille. Akiem has invested €22m in the site, including a €500 000 contribution from the French government. The ...
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NewsDomestically produced Iranian locomotive unveiled
IRAN: Mapna Group has unveiled a MAP30 freight locomotive with a MP610 diesel engine. Mapna said the 2 950 kW locomotive is designed to withstand the most severe weather conditions and would be ‘a robust addition to the country’s rail fleet’. Components including the traction motors, ...
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NewsLocos modernised for African lease fleet
SOUTH AFRICA: Leasing company Traxtion has completed a major overhaul of five Class 39 diesel locomotives which it acquired from South Africa’s Transnet Freight Rail as part of a strategy of expanding its fleet to meet a growing demand for rail freight services in Sub-Saharan Africa. ...
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NewsVossloh to acquire Scandinavian Track Group
SWEDEN: Vossloh has signed an agreement to acquire Scandinavian Track Group, which provides rail infrastructure maintenance services in the ‘fast-growing and strategically important’ Swedish market. STG’s activities include turnout installation and maintenance, rail welding, component refurbishment and track inspection services, with 120 employees and sales of ...
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NewsWabtec opens Indian rail component manufacturing campus
INDIA: Wabtec Corp officially opened a US$18m rail component and subsystem manufacturing campus at Rohtak northwest of New Delhi in Haryana on May 20. The 10 000 m2 site will initially produce axle-mounted disc brake systems, distributor valves, brake calipers, actuators and friction materials for locomotives, ...
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NewsCRRC to establish rail vehicle production facilities in Hungary
HUNGARY: IT, logistics and energy company Acemil has signed a co-operation agreement with CRRC Zhuzhou Locomotive Co covering the purchase of locomotives and the joint establishment of production capacity in Hungary. The parties have agreed to set up four joint centres in Hungary in the fields ...
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Rail Business UKBuckland Rail brings together three rolling stock engineering businesses
UK: Buckland Group has brought together its wagon manufacturing subsidiary WH Davis and support services businesses Davis Wagon Services and Yellow Rail under the Buckland Rail brand. Derby-based Buckland Rail replaces WH Davis (Holdings) Ltd. It aims to leverage the strengths of the three subsidiaries through ...
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NewsŠkoda Group acquires Cegelec
CZECH REPUBLIC: Škoda Group has acquired 100% of the shares of tram, metro and trolleybus electrical component supplier Cegelec from Vinci Energies. Cegelec will operate under the name Electric Components as part of the Škoda Electric business. ‘Škoda Group is undergoing long-term development, which includes strengthening ...
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Rail Business UKDB ESG expands rail sector digital manufacturing services
UK: DB ESG has expanded its range of digital manufacturing services to include 3D printing using carbon reinforced or flexible polymers as well as various metals. The development and production of physical parts using computer-aided processes including additive manufacturing and programmable CNC machines enables the supply ...
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NewsWheel lathe company announces US acquisition
USA: Spanish wheel lathe and machine tool manufacturer Danobat has acquired Michigan based Delta Wheel Truing Solutions, which designs and manufactures rolling stock wheel re-profiling equipment and has several patents as well as an established customer base. The acquisition announced on May 8 ‘is an important ...
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NewsActivist investors shake up Norfolk Southern board
USA: Activist hedge fund investor Ancora Holdings has won three seats on the board at Norfolk Southern in a vote at the annual shareholder meeting on May 9, ousting the railroad’s Board Chair, Governance Committee Chair and Compensation Committee Chair. Ancora holds a $1bn stake in ...
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