Railway supply industry news – Page 53
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NewsFeasibility of adding 550 km/h maglev services to existing railway corridors to be studied
ITALY: The technical and economic feasibility of operating 550 km/h magnetic levitation vehicles on existing railway alignments in addition to conventional trains is to be studied by infrastucture manager RFI and Polish-Swiss maglev and hyperloop technology company Nevomo. The organisations have signed a one-year memorandum of ...
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NewsResearch, market access and demand form three pillars of UNIFE advocacy strategy
EUROPE: UNIFE’s general assembly has approved the European rail supply industry association’s 2021-22 advocacy strategy, through which it aims to continue to raise awareness of the strategic importance of the sector from both an industrial and a sustainable transport point of view, and highlight the challenges ...
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NewsWabtec and GM to co-operate on battery and hydrogen locos
USA: Wabtec and General Motors have signed a non-binding memorandum of understanding to collaborate to develop and commercialise GM’s battery and hydrogen technology for Wabtec locomotives. Wabtec will bring expertise in energy management and systems optimisation, and GM its Ultium battery technology ...
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Metro Report InternationalICM Mobility acquires mobile ticketing and payment specialist Unwire
DENMARK: ICM Mobility Group has acquired mobile ticketing and payment specialist Unwire, which offers a white label platform aggregating services ranging from traditional public transport to micromobility, paratransit, rideshare and other options. Features include multimodal trip planning and on-demand microtransit booking and scheduling. København-based Unwire is ...
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Rail Business UKRail cybersecurity company completes £2m investment round
UK: Rail cybersecurity specialist RazorSecure has raised more than £2m in its latest investment round, bringing the total funds raised since its launch in 2015 to more than £6m. The investment has come from existing investors Enterprise M3 Growth Fund, Dutch venture capital fund Mainport Innovation ...
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NewsShift2Rail, CEN and CENELEC sign standardisation co-operation agreement
EUROPE: Shift2Rail, the European Committee for Standardization and the European Committee for Electrotechnical Standardization have signed a memorandum of understanding formalising their existing collaboration and agreeing to work together to identify areas where standardisation can contribute to innovation in the rail sector. Examples of such areas ...
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NewsAlstom starts assembling Perth EMUs
AUSTRALIA: Alstom officially began train manufacturing at the Metronet Bellevue assembly plant in Western Australia on June 7, describing the occasion as ‘a watershed moment’ for the local rail sector.
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NewsFlushed with pride at latest acquisition
INTERNATIONAL: Knorr-Bremse has acquired on-train sanitary system manufacturer Evac, which has supplied more than 100 000 toilets to customers in over 40 countries in Europe, the USA and China. ‘Through this acquisition, Knorr-Bremse will become a world leading manufacturer of integrated sanitary systems for passenger trains’, ...
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Rail Business UKQTS Group acquires electrification contractor REL
UK: Rail infrastructure engineering services provider QTS Group has acquired Rail Electrification Ltd, adding overhead line capabilities to its portfolio of vegetation management, drainage, civil engineering, fencing and plant supply services. ‘QTS has grown rapidly over the last decade and, in order for us to continue ...
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NewsRussian-built 1 435 mm gauge wagons approved for EU use
EUROPE: United Wagon Co has obtained type approval from the EU Agency for Railways for two types of container wagon, which it says is the ‘first time in modern history’ that Russian-built wagons will operate on 1 435 mm gauge lines in Europe. Approval for the ...
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Rail Business UKConcession model could affect ROSCO business models
UK: Rolling stock leasing companies’ business models, risk profiles and financial positions could be affected by the move to concessions for operating passenger train services under the Williams-Shapps Plan for Rail, according to Fitch Ratings. ‘The proposals do not imply any direct change for the role ...
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NewsNew branding as short line group targets expansion
USA: Denver-based short line holding company Pioneer Railcorp has changed its name to Pioneer Lines, in support of its vision for national expansion. Founded in 1986, Pioneer Lines now operates 15 railways in 12 states, and provides related services such as transloading, switching and storage. ‘The ...
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NewsAssociation of European Rail Rolling Stock Lessors formed
EUROPE: The Association of European Rail Rolling Stock Lessors has been formed to promote ‘interoperable, efficient, sustainable and safe’ rolling stock in the European Union and Switzerland. Based in Brussels, the non-profit organisation aims to enhance technical collaboration and engage with public bodies at the European ...
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NewsProgress Rail acquires Brazilian software company Nitryx
BRAZIL: Progress Rail has acquired software and consulting company Nitryx, which develops decision support tools for network optimisation, yard planning, crew management and rail movement planning. Nitryx has expertise in optimisation algorithms, artificial intelligence, computer vision, Radio Frequency Identification, advanced sensor application, internet of things and ...
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