Railway supply industry news – Page 69
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NewsArriva leases Alpha Trains DMUs for Czech operating contract
CZECH REPUBLIC: Arriva Vlaky has signed a long-term agreement to lease five two-car Siemens Desiro Classic diesel multiple-units from Alpha Trains. The DMUs are currently operated by RegioJet in Slovakia. They will be used by Arriva’s Czech subsidiary on competitively-tendered passenger services on the Liberec – Turnov ...
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NewsSmartRail World becomes Railway Gazette Events
EVENTS: Last year we saw a lot of change on the Railway Gazette Group. Now as we move into 2020, I am delighted to add more industry leading events to our growing portfolio. In 2018, our parent DVV Media International Ltd purchased Global Transport Forum, a media ...
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Metro Report InternationalCollaboration to drive open ticketing standards
INTERNATIONAL: A joint programme which aims to drive the adoption of open ticketing standards, reduce market fragmentation and prevent vendor lock-in was announced by the Calypso Networks Association and OSPT Alliance at the Transport Ticketing Global conference in London on January 28. Three working groups have been ...
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NewsStagecoach Group joins new market entrants’ association ALLRAIL
EUROPE: Public transport operating group Stagecoach has joined the ALLRAIL association of new entrants to the European rail market. ‘As a major operator of rail services in the UK for over two decades and with significant experience of operating public transport services across Europe, we are pleased ...
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NewsRailway supply industry news round-up
Bloomberg reported on January 21 that Bombardier and Alstom have held preliminary talks regarding a possible combination of their rail businesses, citing ‘people familiar with the matter’. Crowd flow modelling company Movement Strategies is to merge with GHD Group. The two companies have ...
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NewsNew CEO aims to get Pesa back on track
POLAND: Rolling stock manufacturer Pesa is to announce a new strategy in the first quarter of this year, following the supervisory board’s decision to appoint the management board’s Vice-President of Operations Krzysztof Zdziarski as Chief Executive on January 8. Robert Tafiłowski was appointed as Chief Financial Officer. ...
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NewsRailway supply industry news round-up
RJ Corman Railroad Group has announced the closure of its RJ Corman Railpower Locomotives business in Erie, Pennsylvania, with effect from February 29. RJ Corman had acquired the assets of the Railpower genset locomotive business in 2009, but on January 8 this year it said ‘In ...
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NewsBeijing-Shanghai High Speed Railway Co IPO raises 30·7bn yuan
CHINA: Beijing-Shanghai High Speed Railway Co Ltd made its debut on the Shanghai Stock Exchange on January 16, following one of the biggest mainland Chinese IPOs of the past decade. The sale of 6·29 billion shares, about 12·8% of the total, at 4·88 yuan per share, raised ...
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Metro Report InternationalBoston revises fare collection modernisation plan
USA: Following ‘critical feedback from riders, advocates and policymakers’, Massachusetts Bay Transportation Authority has announced a revised Fare Transformation programme which it said would combine ‘meaningful improvements’ to existing payment systems with a phased approach to the deployment of a new system ‘that better represents the needs ...
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Metro Report InternationalCubic and Moovit announce Mobility-as-a-Service co-operation
TECHNOLOGY: Fare collection technology company Cubic Transportation Systems and travel software developer Moovit have signed a strategic agreement for further collaboration in the Mobility-as-a-Service market, including integration of Moovit’s multimodal trip planning with Cubic’s mobile payment and ticketing capabilities. This will provide a platform offering service alerts, ...
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NewsPromoting railway career opportunities in Turkey
TURKEY: A memorandum of understanding to establish a framework for the promotion of railway training and career development has been signed by Alstom Turkey and Haydarpaşa Vocational & Technical Anatolian High School. To help raise students’ understanding of the rail industry and equip them with the skills ...
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Rail Business UKRail Accelerator & Innovation Solutions Hub for Enterprise plans announced
UK: Siemens Mobility has announced plans to create a rail research, development and innovation hub near its future assembly plant at Goole in East Yorkshire. The £6m building on the Goole 36 enterprise zone site close to the M62 motorway is intended as ...
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Rail Business UKHitachi makes changes at Newton Aycliffe factory as IEP production ends
UK: Hitachi Rail has announced changes at its Newton Aycliffe factory which it said were intended to provide ‘greater flexibility, agility and global competitiveness’ as the production of 122 trainsets under the government’s Intercity Express Programme comes to an end. As part of the transition to a ...
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NewsRailway supply industry news round-up
Indian rolling stock and construction equipment manufacturer BEML and construction firm Ircon International have signed a memorandum of understanding to explore opportunities to co-operate in export markets. Ircon said it had a ’strong International presence and proven capabilities’ in tracklaying, electrification and infrastructure construction, including current projects ...
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Metro Report InternationalDART awards Stadler’s first US maintenance contract
USA: Dallas Area Rapid Transit has awarded Stadler a $112m contract to maintain the fleet of diesel multiple-units which it is to supply for the Silver Line project, along with the associated depot. DART awarded Stadler a $199m contract to supply eight ...
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NewsWabtec expands capabilities with purchase of RELCO Locomotives
USA: Wabtec Corp has announced the expansion of its remanufacturing and repair capabilities with the acquisition of RELCO Locomotives for $29m. RELCO Locomotives is an established company in the leasing, rebuilding, and repair sector, with operations in Albia and Cedar Rapids, Iowa. It has projected sales for ...
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NewsPension investor takes stake in Alpha Trains
EUROPE: Arcus European Infrastructure Fund 1 has sold its 41·1% stake in rolling stock leasing company Alpha Trains to Dutch investment group APG. Alpha Trains has a portfolio of 363 locomotives and 432 trainsets leased to operators in 17 countries including Germany, France, Italy, Spain and the ...
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NewsGenesee & Wyoming acquisition completed
INTERNATIONAL: The US$8·4bn acquisition of freight railway group Genesee & Wyoming by affiliates of New York and Toronto listed global investor Brookfield Infrastructure and Singapore’s foreign reserves investor GIC has been completed. The US$112 per share deal had been announced in July. ‘This transaction is an excellent ...
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Metro Report InternationalAirTrain JFK peoplemover contract renewed
USA: Port Authority of New York & New Jersey has renewed Bombardier Transportation’s contract to operate and maintain the AirTrain JFK peoplemover at John F Kennedy International Airport. The contract announced on December 30 is worth $309m over five years. Bombardier was part of the consortium responsible ...