Railway supply industry news – Page 63
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Metro Report International‘Look, book and pay’ integration
TICKETING: Fare payment technology company Cubic Transportation Systems and Intel’s journey planner development business Moovit are to co-operate to develop ‘look, book and pay’ technology for multi-modal journeys. The project builds on a partnership announced in January to integrate Moovit’s Mobility-as-a-Service APIs with Cubic’s Traveler app. ‘Currently, ...
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NewsWatco to acquire rail assets at six Dow sites
NORTH AMERICA: Chemical producer Dow has signed a definitive agreement to sell the rail infrastructure assets and related equipment at six of its US and Canadian sites to shortline group Watco. This includes all Dow-owned tracks and associated infrastructure at the Plaquemine and St Charles sites in ...
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NewsRailway supply industry news round-up
Voestalpine Railway Systems’ Spanish subsidiary JEZ has acquired a share in a turnout assembly plant near Buenos Aires, saying this would help to significantly increase the group’s competitiveness in the Argentinean market. VTG AG has acquired the Želos wagon maintenance workshop at ...
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NewsAlstom proposes divestments to obtain approval for Bombardier Transportation acquisition
INTERNATONAL: Alstom has put forward proposals for a number of product and factory divestments as part of the process of gaining European Union regulatory approval for its planned acquisition of Bombardier Transportation. The European Commission was formally notified of the proposed transaction on June 11. After initial ...
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NewsMichael Peter to be sole CEO of Siemens Mobility as Sabrina Soussan steps down
SIEMENS MOBILITY: Michael Peter is to be the sole Chief Executive Officer of Siemens Mobility with effect from July 10, with co-CEO Sabrina Soussan leaving at her own request. Soussan has been appointed as CEO of Swiss access control and security technology company Dormakaba Holding with effect ...
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NewsLithuanian Railways launches ‘patriotic’ rebranding and international expansion drive
LITHUANIA·: National railway group Lietuvos Geležinkeliai launched a new brand identity on its 101st birthday, reflecting its recent restructuring with the formation of passenger, freight and infrastructure businesses. The full name remains Lietuvos Geležinkeliai, but with the ‘new, more patriotic’ abbreviation LTG rather than LG. ...
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Rail Business UKBattery traction agreement signed as Hitachi sees market for more than 400 trains in the UK
UK: Hitachi Rail and battery company Hyperdrive Innovation have signed a memorandum of understanding for the joint development of a battery pack suitable for powering trains, and a roadmap towards a manufacturing agreement which would cover any future orders. The battery packs would ...
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Metro Report InternationalFare collection inclusivity with payment at shops
USA: Customers of transport operators which use Cubic Transportation Systems’ TouchPass digital ‘fare collection as a service’ platform will be able to add stored value to their ticketing accounts at local shops under a partnership agreement with payments technology company InComm. The agreement will enable transport authorities ...
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NewsTrafikverket awards independent assessment services contract
SWEDEN: National transport agency Trafikverket has awarded engineering consultancy Lloyd’s Register a contract to provide third party assessment services for rail projects. This includes the provision of independent assessment body and notified body assurance services to ensure technical interoperability and compliance with the Common Safety Method – ...
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NewsRailway supply industry news round-up
On June 30 Alstom acquired Ibre, which supplies cast iron or steel brake discs for rail vehicles. Now a whole owned subsidiary named Alstom Ibre, it employs around 30 people at its Sens site in Bourgogne-Franche-Comté. Ibre had a turnover of approximately €10m in 2019, with more ...
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Metro Report InternationalO-CITY joins Visa Ready for Transit to help drive contactless payment expansion
TICKETING: BPC Banking Technologies’ transport payment division O-CITY has joined the Visa Ready for Transit programme, saying this will help to accelerate the global availability of its contactless payment technology and encourage the wider adoption of contactless payment. O-CITY’s contactless payment technology for bank cards, mobile phones ...
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NewsRailway supply industry news round-up
United Wagon Co was Russia’s largest wagon manufacturer in 2019, according to data from INFOLine-Analytics. UWC’s output of 21 000 wagons placed it second worldwide after CRRC. Russian companies produced a total of 78 200 wagons in 2019, a year-on-year increase of 9·8%. Output is expected to ...
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NewsStadler Mannheim formed through acquisition of VIPCO
GERMANY: Stadler has acquired VIPCO GmbH, which has become a new German subsidiary under the name Stadler Mannheim GmbH. The 50 staff in Mannheim, Kassel and Halle will develop hardware and software for train control, communication and diagnosis systems for use across the Stadler Group, including products ...
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NewsETR700 HVAC maintenance contract
ITALY: Liebherr-Transportation Systems is to overhaul and maintain the 39 cab cooling and 157 saloon air-conditioning systems it supplied for the 19 ETR700 high speed trainsets. The former Fyra fleet is now operated by Trenitalia on the Milano – Bologna – Ancona – Lecce corridor. In ...
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NewsRailway supply industry news round-up
ENSCO Rail has acquired an enhanced user license for Vampire Pro vehicle-track interaction modelling software, including access to the source code for long-term sustainability. ‘Integrating Vampire Pro with automated web-based processes such as our Autonomous Track Geometry Measurement System and data analytics will provide customers with the ...
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NewsTurkey’s National Train to enter service this year
TURKEY: The National Train electric multiple-unit developed under a programme to increase the use of domestic technology and support the adoption of TSI standards has been completed and is expected to enter revenue service this year, Minister for Transport & Infrastructure Adil Karaismailoğlu said during a ...
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Rail Business UKWabtec to cut up to 450 jobs at Doncaster
UK: Wabtec announced plans to reduce its workforce at Doncaster by up to 450 employees on June 16. The company will enter into a 45-day consultation period with employee representatives and trade unions to discuss the proposal and improved work practices. It is envisaged that the jobs ...
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NewsAncala to acquire Hector Rail from EQT
SWEDEN: Mid-market investment manager Ancala Partners LLP’s European Infrastructure Fund II has reached a definitive agreement to buy rail freight operator Hector Rail from EQT. The transaction announced on June 12 is expected to be completed in Q3 2020. Stockholm-based Hector Rail was founded in 2004 and ...
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NewsRailway supply industry news round-up
Vitaliy Starikov has become head of Russian wagon manufacturer RM Rail, succeeding Pavel Ovchinnikov who had held the post since 2012. His priorities are production diversification, higher manufacturability, market expansion, the development of special-purpose rolling stock model range, shortening design and lead times, increasing product life cycles, ...
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NewsTMH International completes DJJ acquisition
HUNGARY: A Transmashholding-led joint venture has completed its acquisition of the Dunakeszi Járműjavító rolling stock manufacturing plant in Hungary, which the group intends to develop as its main manufacturing and services hub for central and eastern Europe.