Railway supply industry news – Page 39
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NewsAustralian National Rail Manufacturing Plan funded
AUSTRALIA: The 2022-23 federal budget includes A$14·2m over four years to establish a National Rail Manufacturing Plan ‘to ensure more trains are built in Australia, support skilled manufacturing and expand the local rail industry’. An Office of National Rail Industry Co-ordination will be formed within the ...
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NewsElectric train sale-and-leaseback deal finalised
GERMANY: Northrail has structured a sale-and-lease-back transaction for 29 Alstom Coradia Stream High-Capacity electric multiple-units which DB Regio ordered in April. The EMUs are to be used from December 2025 on Kinzigtal services on the Frankfurt – Wächtersbach – Fulda – Bebra route. The investment is ...
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Metro Report InternationalHitachi Rail’s Maryland rolling stock factory under construction
USA: Hitachi Rail has unveiled the final designs for the $70m factory being built in Maryland to serve the North American rolling stock market. The first contract to be fulfilled from the site in Hagerstown will be a March 2021 order to produce 256 Series 8000 ...
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NewsHydrogen traction and fuel supply agreement signed
POLAND: Rolling stock manufacturer Pesa and fuel company PKN Orlen are to jointly offer rail operators hydrogen vehicles and the fuel they require. The two companies signed an agreement at InnoTrans, held in Berlin on September 21-24, where Pesa displayed a hydrogen shunting locomotive along with ...
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NewsFirst Class Partnerships rebranded
UK: Rail consultancy First Class Partnerships has been rebranded as the UK & Europe Division of its parent company CPCS, working alongside the divisions covering Africa, North America and elsewhere.
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NewsECM becomes Progress Rail Signaling
ITALY: Progress Rail has unveiled the brand for its signalling subsidiary Progress Rail Signaling SpA, the renamed ECM SpA business. The ECM name is to be retained as a product brand, reflecting its wide industry recognition. ‘While our company identity is changing, what remains is our ...
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NewsDeutsche Bahn sells Arriva businesses to private equity holding company
EUROPE: Deutsche Bahn has reached agreement to sell its Arriva local transport activities in Denmark, Poland and Serbia.
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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. ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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