Railway supply industry news – Page 31
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NewsDowner picks Hyundai Rotem to support delivery of Queensland EMU fleet
AUSTRALIA: Downer has formed a consortium with Hyundai Rotem to build, commission and maintain 65 six-car 1 067 mm gauge electric multiple-units for Queensland. The Queensland government had selected Downer in February as the preferred bidder over CAF and Alstom for the A$4·6bn contract, which is ...
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Rail Business UKRail software specialist FabDigital acquired by 3Squared parent company
UK: Rail information software company FabDigital has been acquired by EPM Transport Solutions, which also owns 3Squared. EPM was supported by Literacy Capital. FabDigital supplies software enabling train operators to integrate real-time and accurate travel information into their websites. ‘We have long admired FabDigital’s software solutions ...
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Metro Report InternationalCRRC Zhuzhou starts local metro car building in Turkey
TURKEY: CRRC Zhuzhou Locomotive Co formally marked the start of local assembly of driverless metro trainsets for Istanbul with a ceremony in Ankara on June 7, describing the occasion as ‘a historic moment for Turkey’s rail transit industry’. The Chinese builder was awarded a TL1·5bn contract ...
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NewsCanadian concrete sleeper joint venture formed
CANADA: PCM RailOne and Sudbury-based Rainbow Concrete Industries have formed a joint venture to produce concrete sleepers and ballastless track for Canadian rail and urban transport customers. RailOne Rainbow Canada Corp will also provide turnout technology and engineering services for railway infrastructure projects. The German company’s ...
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NewsImported Chinese couplers damage US manufacturers, trade commission finds
USA: Duties are to be imposed on some imported Chinese wagon couplers, after the United States International Trade Commission determined that they were being subsidised by the Chinese government and sold in the USA at less than fair value. Coupler manufacturer McConway & Torley and the ...
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NewsRail Online adds Amtrak and VIA Rail to ticket sales platform
NORTH AMERICA: Ticket retailer Rail Online has added Amtrak and VIA Rail services to its booking platform. Rail Online offers the same prices as tickets bought directly through the operators, with instant refunds on e-tickets and payment in US or Canadian dollars. ‘Following a successful launch ...
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Rail Business UKRSK acquires track works contractor 1stinrail
UK: RSK Group has acquired 1stinrail, which provides track repair, renewal and installation services for customers including Network Rail, Transport for London and Tier 1 contractors. The acquisition announced on June 13 ‘is a significant step forwards in our original vision to become one of the ...
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NewsPilbara iron ore wagon manufacturing agreement
AUSTRALIA: An agreement to manufacture iron ore wagons in the Pilbara region has been announced by Rio Tinto and Gemco Rail, supported by supply partner Qiqihar Railway Rolling Stock and the government of Western Australia. The mining company is expecting to spend a total of ...
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Rail Business UKDerby company Tidyco signs agreement with French supplier
UK: Hydraulic and pneumatic component supplier Tidyco has signed an agreement to sell, maintain and overhaul French firm ENAG’s rail-specific products in the UK. These include battery chargers, discharge units and other rolling stock equipment ‘Our rail division has worked tirelessly to develop our overhaul facility ...
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Rail Business UKPortchester Equity buys Yellow Rail
UK: Derby-based engineering services company Yellow Rail Ltd has been acquired by privately owned Portchester Equity, which said the deal offered synergies with its WH Davis wagon manufacturing and Davis Wagon Services maintenance businesses. Announcing the deal on June 9, Winchester-based Portchester Equity said it is ...
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NewsEuropean Sleeper announces third funding round
EUROPE: Night train start-up European Sleeper has announced a third funding round to enable it to ’reach more travellers, offer more destinations, and provide an even better service onboard’. European Sleeper’s first train ran between Berlin, Amsterdam and Brussels on May 25, and on June 7 ...
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NewsSale of Arriva’s Danish and Serbian businesses completed
EUROPE: München-based private equity investor Mutares says it plans to increase operational efficiency and leverage ‘strong expertise in tendering for public sector contracts’ following its acquisition of Arriva’s activities in Denmark and Serbia. The transaction covers bus services in Denmark and Serbia, plus rail, ferry and ...
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Rail Business UKPennant Rail acquires Track Access Productions
UK: Rail, aerospace and defence training company Pennant Rail has acquired Track Access Productions Ltd, which provides driver briefing, mapping and route learning services. ’The acquisition of TAP consolidates and strengthens our presence in the UK rail market and, over time, TAP and Pennant Rail will ...
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Rail Business UKHitachi acquisition of Thales GTS could reduce signalling competition, warns UK M&A regulator
UK: Hitachi’s proposed €1·7bn acquisition of Thales’ Ground Transportation business could lead to a substantial lessening of competition in the British signalling market, the Competition & Markets Authority has provisionally concluded.
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NewsSiemens Mobility buys traffic optimisation specialist Optrail
ITALY: Siemens Mobility has acquired Optrail, which provides mathematical algorithms for optimising rail traffic management. Optrail applies operations research and machine learning to solve real-world problems in transport and logistics. Its core product provides real-time conflict resolution by integrating optimisation algorithms, moving beyond traditional sequential ‘meet ...
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Rail Business UKBattery powered inter-city train under development
UK: Hitachi Rail is working with Turntide Technologies to design and manufacture traction battery systems for trial installation on an inter-city trainset. Turntide said installing traction batteries to make a Hitachi electro-diesel trainset into a tri-mode unit could cut fuel usage and reduce carbon emissions by ...