Railway supply industry news – Page 62
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NewsEurostar Chief Executive Mike Cooper to lead Arriva
EUROPE: Eurostar Chief Executive Mike Cooper has been appointed as the next Arriva Group CEO with effect from early October, succeeding Dr Manfred Rudhart who is stepping down after almost five years. Cooper’s previous roles have included Managing Director of the direct sales business of the Thomson ...
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NewsFlirt Akku battery multiple-unit financing in place
GERMANY: Financing has been put in place for a €600m order for 55 Flirt Akku battery multiple-units which Stadler is to deliver between the end of 2022 and mid-2024 for use in the north of Germany. In April Paribus Group won Schleswig-Holstein transport agency NAH.SH’s XMU II ...
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NewsHitachi Rail to acquire Perpetuum in digital expansion
UK: Hitachi Rail Ltd has agreed to acquire Southampton-based condition monitoring specialist Perpetuum as part of a strategy to strengthen the use of digital technology in rail operations. Established as a university spin-off less than a decade ago, Perpetuum developed the use of bogie-mounted self-powered vibration ...
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NewsAlpenglow Rail and CC&L acquire USA Rail
Source: USA Rail USA: Investors Alpenglow Rail and Connor, Clark & Lunn Infrastructure have acquired USA Rail Terminals from Texas-based family investment companies High Roller Group and Jim Donnan Companies. USA Rail has two terminals in the Gulf Coast region which provide services including wagon storage, ...
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NewsAlstom’s acquisition of Bombardier Transportation cleared by European Commission
INDUSTRY: Alstom’s proposed acquisition of Bombardier Transportation was approved by the European Commission on July 31, subject to full compliance with a number of commitments offered by Alstom. ‘Thanks to the comprehensive remedies offered to solve the competition concerns in the areas of very high speed, main ...
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Rail Business UKAdvanced Automatic Sander distributor appointed
SANDER: Unipart Rail has been appointed exclusive worldwide distributor of AB Hoses & Fittings Ltd’s Advanced Automatic Sander, a variable-rate sanding system which won the Technical Innovation Excellence category at Railway Gazette Group’s 21st Rail Business Awards. AAS meets the recommendations of RSSB’s T1107 research project which ...
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NewsRailway supply industry news round-up
Luxembourg-based Beacon Rail Leasing has rebranded as Beacon, adopting a new brand identity developed with UK design and marketing agency Fellowship. The Issarts Capital business controlled by Wabtec board director Erwan Faiveley announced on July 29 its intention to sell up to ...
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Metro Report InternationalMaaS ticketing partnership
TICKETING: Masabi and Helsinki-based Kyyti have announced a partnership to provide Mobility as a Service applications to transport agencies and operators. Masabi’s Justride SDK will be used to provide in-app ticketing functionality within Kyyti’s white label platform which supports MaaS and demand-responsive travel services, journey planning and ...
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NewsAmerican Industrial Transport brand launched
USA: American Railcar Industries has been renamed American Industrial Transport, as part of its strategy of focusing on leasing and repair activities following the sale of its wagon and components manufacturing business to The Greenbrier Companies last year. It will also be known by its wagon reporting ...
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Metro Report InternationalUrbanThings raises funding for smart mobility platform development
UK: UrbanThings has raised a further £455 000 to support the development of its travel information, ticketing and customer insight platform, taking the total to £1·5m. ‘This fundraise will allow us to accelerate the development of our demand-responsive transit and smart mobility platform allowing transport operators to ...
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NewsSpanish operators to collaborate on international rail projects
SPAIN: National train operator RENFE and Barcelona urban transport undertaking TMB have signed an agreement to co-operate to provide consultancy and management services worldwide. This would include feasibility study, design and evaluation, staff training and operating services. The companies said they each have considerable international experience. Co-operation ...
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NewsNRE Chief Executive Steven Beal dies
USA: National Railway Equipment Corp announced on July 16 that its CEO Steven L Beal had died suddenly at his home in Ladue, Missouri, on July 11, adding that the employee-owned business was ‘devastated by this tremendous loss’.
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NewsRailway supply industry news round-up
Sinara Transport Machines has acquired a 49% stake in the Vagonmash joint venture of Kirov Works and Škoda Transportation, which manufactures NeVa trainsets for the St Petersburg metro. Alstom booked €1·7bn of orders in its Q1 from April 1 to June 30, compared ...
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Rail Business UKStobart Rail & Civils bought by Bavaria Industries
UK: Stobart Group Ltd has sold its Stobart Rail & Civils plant hire and civil engineering business to Bavaria Industries Group, a München-based family holding company that acquires majority interests in companies where it believes there is potential for improvement. A total of 188 employees transferred as ...
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Metro Report InternationalŠkoda Transportation buys tram and bus maintenance business
CZECH REPUBLIC: Škoda Transportation has agreed to purchase Ostrava public transport operator Dopravní Podnik Ostrava’s tram and bus maintenance business Ekova Electric. The KC416·3m transaction announced on July 8 is expected to be completed next year. A centre of competence will be developed in the city to ...
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NewsNight train fleet maintenance contract awarded
SWEDEN: Bombardier Transportation has been awarded a contract to continue to maintain 12 locomotives and 75 coaches used on the Stockholm – Luleå – Narvik overnight services which are due to transfer from SJ to Vy Tåg with the start of a new operating contract in December. ...