Railway supply industry news – Page 56
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NewsKnorr-Bremse announces the death of Heinz Hermann Thiele
KNORR-BREMSE: Majority shareholder and long-time Chairman of the Knorr-Bremse executive and supervisory boards Heinz Hermann Thiele died on February 23 at the age of 79. The company said he was one of Germany’s leading industrial managers. He had joined Knorr-Bremse as a legal clerk in the ...
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NewsSri Lanka plans local production of rolling stock
SRI LANKA: The cabinet has approved the Ministry of Transport’s proposal to seek an investor to solve its shortage of coaches by manufacturing them locally. Involving the private sector in the production of an initial 100 coaches is seen as a solution to meeting a short-term ...
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NewsRailpool to acquire maintenance company Ajax Loktechnik
GERMANY: Leasing company Railpool is to take over Hamburg-based locomotive maintenance company Ajax Loktechnik with effect from March 1. Railpool said Ajax Loktechnik would bring expertise in flexible mobile servicing and heavy maintenance, as well as a second workshop in the important freight hub of Hamburg. ...
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Rail Business UKEgis makes acquisition in ‘strategic and developing’ UK rail sector
UK: French engineering group Egis says it has realised its ambition of becoming a key player in the UK rail and infrastructure market, following the acquisition of a majority shareholding in CPMS TOPCO and its operational arm Collaborative Project Management Services Ltd. Egis has been involved ...
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NewsVR FleetCare selects software for growth in a competitive market
FINLAND: The national railway group’s rolling stock maintenance company VR FleetCare is to standardise on the Infor CloudSuite Industrial Enterprise software platform, which will be implemented by Infor’s local partner Midport Scandinavia. It will be rolled out to 1 000 users, replacing a legacy system with ...
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NewsModaxo acquires driver advisory system company TTG
INTERNATIONAL: Toronto-based technology collective Modaxo Inc has acquired driver advisory systems developer TTG Transportation Technology to expand its presence in the rail market. Based in Sydney, Australia, and Stirling in the UK, TTG has developed and supplied stand-alone and connected DAS since 2007. It now has ...
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Rail Business UKSiemens Mobility awards contracts for train factory to ‘put Goole on the map’
UK: Siemens Mobility Ltd has awarded contracts totalling £50m for the first phase of construction of the £200m rolling stock factory at Goole where it is to produce trainsets for London Underground’s Piccadilly Line, with potential follow-on orders for the Bakerloo, Central and Waterloo & City ...
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NewsGreenbrier and Longwood announce wagon leasing joint venture
USA: Wagon manufacturer The Greenbrier Companies and transport asset advisory and management firm Longwood Group have announced plans to form a wagon leasing joint venture in the first quarter of this year. GBX Leasing’s initial portfolio will be based on leased wagons on Greenbrier’s balance sheet ...
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NewsRailway automation technology company attracts investors
GERMANY: München-based transport AI company Konux has secured financing to support the further development of software-as-a-service products which use internet-of-things and machine learning to automate railway operating, monitoring and maintenance processes. It has also announced the appointment of former Vossloh and Siemens rail automation division CEO Andreas ...
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Rail Business UKUS firm to bring its battery track maintenance tools to the UK market
UK: New Jersey-based battery-powered track maintenance tool manufacturer Focused Technology Solutions is in talks with potential strategic partners for the launch of its products in the British market during Q1 2021. Intended as a more cost-efficient, environmentally-friendly and productive replacement for hydraulic tools, the range includes ...
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NewsEuroRail Hub brings together Railtex, Infrarail, SIFER and EXPO Ferroviaria trade fairs
EUROPE: Mack-Brooks Exhibitions has announced a two-day programme of virtual seminars focused on the British, Italian and French rail markets. EuroRail Hub will be held on March 24-25, bringing together exhibitors from its Railtex, Infrarail, SIFER and EXPO Ferroviaria trade shows. The online event is intended ...
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NewsAlstom completes Bombardier Transportation acquisition to create ‘a global mobility leader’
INTERNATIONAL: ‘Today is a unique moment for Alstom and the mobility sector worldwide, with the creation of a new global leader centred on smart and sustainable mobility’, said Alstom Chairman & CEO Henri Poupart-Lafarge when the acquisition of Bombardier Transportation was completed on January 29. Alstom ...
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Metro Report InternationalInvestor joins São Paulo metro Line 6 project
BRAZIL: Spanish infrastructure group Acciona has sold a 12·3% stake in the São Paulo Metro Line 6 concession holder Concessionária Linha Universidade to STOA, a French infrastructure investment group which specialises in emerging markets Owned by Caisse des Dépôts (83·3%) and Agence Française de Développement (16·7%), STOA ...
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NewsLineage Logistics acquires refrigerated wagon owner
USA: Temperature-controlled transport and warehousing company Lineage Logistics has acquired refrigerated wagon owned Cryo-Trans, saying the deal would a create a ‘uniquely comprehensive and seamlessly integrated supply chain solution for food and beverage customers’. Cryo-Trans owns more than 2 200 refrigerated and insulated wagons, the largest private ...
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NewsBombardier Transportation invests to increase capacity at Brugge factory
BELGIUM: Bombardier Transportation has announced €6m of investment to increase production capacity at its Brugge factory, including the recruitment of at least 180 employees. The plan announced on January 26 includes a new production line for single-deck coaches and for Type M7 double-deck cars for SNCB, ...