Railway supply industry news – Page 68
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NewsRailway supply industry news round-up
Cargotec Corp subsidiary Navis has entered into an agreement to acquire Melbourne-based freight railway planning and scheduling optimisation software company Biarri Rail by the end of February. ‘Rail freight companies are investing in new digital initiatives in planning in order to increase efficiency and the return on ...
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NewsSmartRail Europe attracts global rail professionals
EVENTS: A cross-section of Europe’s most senior rail professionals will come together in Roma in May at SmartRail Europe, a bespoke conference organised by Railway Gazette Events and supported by Italian national infrastructure manager RFI and the European Union research body Shift2Rail. SmartRail Europe features a comprehensive ...
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Metro Report InternationalKeolis joins Greentown Labs startup incubator
USA: Keolis has joined the Greentown Labs Global Center for Cleantech Innovation as ‘terawatt-level’ partner, the highest level of engagement. The Greentown campus in Somerville, Massachusetts, offers startup companies resources including prototyping and wet lab space, shared offices, a machine shop and an electronics lab. It is ...
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NewsAlstom agrees to buy Bombardier Transportation
INTERNATIONAL: The signing of a memorandum of understanding for Alstom to acquire 100% of Bombardier Transportation from Bombardier Inc and Caisse de Dépôt et Placement du Québec was announced by the companies on February 17. The transaction is expected to close in the first half of 2021, ...
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NewsAkiem acquires Macquarie European Rail fleet
EUROPE: Leasing company Akiem Group has signed a definitive agreement to acquire Macquarie European Rail’s rolling stock leasing business, subject to regulatory approval. The transaction includes 137 locomotives used by 21 freight and passenger operators, including EMD Class 66, Bombardier Traxx, Alstom Prima and GE Transportation 311D ...
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NewsAlstom and Bombardier Transportation confirm acquisition discussions
INTERNATIONAL: Discussion are underway for the possible acquisition of Bombardier Transportation by Alstom SA, both companies have confirmed. The French company issued a statement on February 17 confirming that discussions were on-going but no final decision had been made. This was echoed by Bombardier Transportation, which told ...
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NewsCertifer enters the German-speaking market
EUROPE: Testing, inspection and certification body Certifer has entered the German, Austrian and Swiss market with the acquisition of railway inspection and certification company Angewandte Eisenbahnteknik. AEbt is based in Nürnberg, has a Swiss office in Olten and is the main shareholder of Austrian notified body ERC. ...
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NewsWabtec starts work on Bochum brake and coupler plant
Source: Panattoni GERMANY: Wabtec has held a groundbreaking ceremony to launch construction of a 20 000 m2 brake and coupler manufacturing and maintenance factory at Bochum. Source: Wabtec/Patrick Sordoillet The plant is being developed by Panattoni Europe, with completion planned for Q3 2020. ...
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NewsRailway supply industry news round-up
Andrey Vlsenko was appointed CEO of Transmashholding’s Novocherkassk Electric Locomotive Plant on February 7. He was previously CEO of the Bryansk plant, where he is succeeded by Vadim Yakovlev who was Director of Logistics at Tver Carriage Works. Stadler has signed a long-term ...
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NewsTransport security professionals to gather in Miami this June
EVENTS: Security specialists from across the sector will meet at the Transport Security Congress on June 8-10 2020, to be hosted at the Miami Marriott Marquis hotel. The event is a partnership between DVV Media International Ltd and the Port of Miami, with a comprehensive agenda focused ...
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NewsEuromaint awarded Bergensbanen fleet maintenance contract
NORWAY: National passenger operator Vy has awarded Euromaint a nine-year contract to maintain rolling stock used on the Bergensbanen route between Oslo and Bergen. Most of the work will be undertaken at a workshop which is under construction in Bergen. The contract award follows railway agency Jernbanedirektoratet’s ...
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NewsRailway supply industry news round-up
United Metallurgical Co’s Vyksa Steel Works produced a record 951 000 wheels in 2019, up 11% on 2018. Dutch infrastructure manager ProRail has awarded Hit Rail a 10-year contract to host and operate the Common Interface which provides interoperable connectivity between railway companies ...
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NewsRecord capital expenditure for Indian Railways in 2020-21
INDIA: A 17% year-on-year increase in capital expenditure for Indian Railways in 2020-21 was announced when Minister of Finance Nirmala Sitharaman presented the national budget on February 1. The Ministry of Railways said the emphasis would be on continuing capacity enhancement works, and accelerating implementation to make ...
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NewsKansas City signalling equipment manufacturer acquired
USA: Strait Lane Capital Partners has sold signalling equipment manufacturer J&A Industries to signalling and level crossing supplier CDL Electric Co. J&A Industries General Manager Mark Biehl and the existing management team will continue to lead the Kansas City-based business. ‘J&A Industries’ patented mast ladder platform is ...
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Metro Report InternationalPorto to introduce contactless ticketing this year
PORTUGAL: Porto is to begin the rollout of contactless ticketing this year, enabling holders of EMV bank cards to touch a validator and travel without needing to use the local Andante smart card. The TIP group of transport operators is working with Visa CyberSource, financial services company ...
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NewsPolarteknik acquires Train Door Solutions
EUROPE: Finnish door and partition wall manufacturer Polarteknik Oy has acquired UK pneumatic and electrical door systems servicing specialist Train Door Solutions Ltd under a deal completed on January 31. Established in 1999, Milton Keynes based Train Door Systems was previously owned by Nigel Mason, Vanessa Mason ...
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Metro Report InternationalCubic Interactive aims to incentivise public transport use
LOYALTY: Cubic Transportation Systems has launched a loyalty platform which is designed to enable transport agencies to incentivise the use of public transport, to reward passengers for engaging with advertising in transport apps and to encourage travel outside the peaks. The first customer for Cubic Interactive is ...
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Metro Report InternationalPune Metro achieves financial closure
INDIA: Maharashtra Metro Corp has secured financing for its Pune Metro line from AFD France and the European Investment Bank. The international investors will co-finance the debt of the project, estimated at Rs58·3bn. The total value of the project is estimated at Rs113·2bn. The loans money will ...
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NewsRailway supply industry news round-up
Rail Vision Ltd says it is in advanced negotiations with ‘a leading European train operator’ for a €0·5m prototype deployment of its vision sensor and machine learning technology in a shunting yard. The system is designed to automatically detect and classify objects such as people, vehicles and ...
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Metro Report InternationalIndra completes Amsterdam ticket machine deployment
NETHERLANDS: Indra has completed the development and deployment of more than 130 Mova Collect ticket vending machines across Amsterdam’s metro, tram and bus networks. The supplier adapted its Mova Collect range to suit city transport operator’s GVB user-focused conceptual design proposal, and to ...