Railway supply industry news – Page 83
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NewsVeolia out of transport as Rethmann acquires Transdev stake
FRANCE: German family-owned transport, food and waste company Rethmann Group has completed the acquisition of a 34% stake in public transport operating group Transdev. The announcement on January 9 follows German, Austrian and Australian regulatory approval for the deal which had been announced on October 2. Rethmann has paid ...
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NewsVeolia out of transport as Rethmann acquires Transdev stake
FRANCE: German family-owned transport, food and waste company Rethmann Group has completed the acquisition of a 34% stake in public transport operating group Transdev. The announcement on January 9 follows German, Austrian and Australian regulatory approval for the deal which had been announced on October 2. Rethmann has paid ...
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NewsRailway supply industry news round-up
Australian engineering group John Holland has acquired the RCR O’Donnell Griffin Rail business following the collapse of parent company RCR Tomlinson into administration in November. Around 400 employees will transfer. The administrator said the RCR Rail business had ‘an outstanding track record, with highly-skilled staff and a blue-chip client base’, ...
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Metro Report InternationalBART launches end-to-end journey planner for the San Francisco area
USA: Bay Area Rapid Transit has worked with HaCon to develop BART Trip Planner web, iOS and Android apps for multimodal door-to-door journey planning in the San Francisco Bay Area. Siemens-owned technology company HaCon said it was a ‘major upgrade’ from the previous system, which was solely based on the ...
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NewsVR Group restructures maintenance business
FINLAND: National railway VR Group transferred its rolling stock maintenance activities to a new VR Kunnossapito subsidiary with effect from January 1. The wholly-owned subsidiary has 990 staff headed by Kimmo Soini. VR Group CEO Rolf Jansson said the aim was to grow the maintenance subsidiary’s customer base ...
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NewsRailway supply industry news round-up
Systra Canada has helped to establish a welding school in Guinea, where 60 local workers have acquired technical skills to boost their employability. Timofey Vladimirovich Khryapov became Chief Executive Officer of Russian wagon manufacturer United Wagon Co on December 21. Roman Savushkin, who was one of the founders of UWC ...
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NewsRailway supply industry news round-up
SCI Rail Holdings subsidiary A Stucki Co has acquired Savage Services Corp’s locomotive fuelling business Savage Fueling Corp, which operates at more than 60 sites in 25 US states. It will be branded Velocity Rail Solutions, with operations continuing unchanged under the existing management team. Luminator Technology Group and ...
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Metro Report InternationalParis regional smart ticketing contract awarded
FRANCE: Paris regional transport authority Île-de-France Mobilités has selected a consortium of payment technology company Worldline and digital platform supplier Conduent to implement its Smart Navigo ticketing programme. The authority aims to begin rolling out new ticketing products from 2019, gradually replacing paper tickets with contactless technology. It will become ...
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NewsBeacon Rail buys Colas fleet
EUROPE: Beacon Rail Leasing has acquired 67 diesel locomotives from Colas Rail, which will continue to operate them in the UK and France. ‘Acquiring this portfolio of diesel locomotives is in line with our strategy, growth ambitions and our continued commitment to being the leader in this segment of the ...
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NewsNorfolk Southern to move headquarters to Atlanta
USA: Norfolk Southern Corp has confirmed its intention to relocate its corporate headquarters from Norfolk in Virginia to Atlanta in Georgia. The railway’s operating team is already based in Atlanta, and the company has previously announced plans to consolidate eight regional dispatching centres in the city. NS announced on December ...
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NewsLVMH buys luxury train operator
INTERNATIONAL: High-end wine, fashion, cosmetics, hotel and retail group LVMH Moët Hennessy Louis Vuitton has entered into a definitive agreement to acquire Belmond, which owns or manages 46 hotel, restaurant, train and cruise brands including the Venice-Simplon Orient Express, British Pullman, Royal Scotsman, Grand Hibernian, Andean Explorer, Hiram Bingham and ...
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NewsDresden to house national rail research centre
GERMANY: Federal funding of €5m has been allocated in the 2019 budget to establish a national railway research centre in Dresden. The centre’s work will focus on researching and developing new types of traction drive technology and other areas of railway engineering. Economics Minister for the Land of Sachsen Martin ...
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Rail Business UKRail Sector Deal aims to boost supply chain
UK: The government has announced details of its Rail Sector Deal, which is intended to improve engagement with the supply chain so that companies better understand future demand and can invest with more confidence. Plans include ‘significantly’ reducing digital signalling costs by 2025, doubling rail exports by 2025, supporting apprenticeships, ...
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NewsRailway supply industry news round-up
Russian Railways, Russian Export Centre and the African Export-Import Bank signed a memorandum of understanding at the Russia Calling investment forum in Moscow on November 30 agreeing to co-operate to implement export and investment projects in the rail sector. The memorandum runs for three years with the possibility of extension. ...
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NewsSiemens and Alstom submit proposal to address merger concerns
SIEMENS-ALSTOM: A package of proposals intended to address the European Commission’s competition concerns regarding the proposed merger of Siemens Mobility and Alstom were submitted by the two companies on December 12. Having opened an in-depth investigation under the EU Merger Regulation in July, on October 29 the Commission issued its ...
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NewsRailway supply industry news round-up
Vossloh AG announced on November 30 that it had successfully completed the acquisition of Australian concrete sleeper manufacturer Austrak Pty Ltd from Laing O'Rourke through its Vossloh Australia subsidiary. In future, Austrak will form part of Vossloh’s Tie Technologies business unit, within the Core Components division. Releasing its annual results ...
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Metro Report InternationalRiyadh metro naming rights partners chosen
SAUDI ARABIA: Riyadh Development Authority has selected partners for the naming rights to eight of the 85 stations on the city’s future metro network. The 10-year contracts are worth a total of 1·05bn riyals, which is to be reinvested into metro operations. The sponsors are: The ...
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Metro Report InternationalIntegrating driverless road shuttles into public transport
INTERNATIONAL: Bestmile and Init announced on November 28 that they will work together to develop technologies to enable the incorporation of driverless road vehicles into public transport operations. Focusing on autonomous vehicles for first and last-mile services connecting to transport hubs, the companies aim to integrate their respective back-end ...
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NewsAlstom plant equipped to produce an EMU car per day
POLAND: A production line dedicated to the InterCity New Generation electric multiple-units ordered by Dutch national passenger operator NS has been officially inaugurated at Alstom’s Katowice plant. The 6 500 m2 hall has 20 work stations covering stages from pre-fitting to cabling and interior fit-out. Bodyshell welding and erection, painting ...
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NewsRailway supply industry news round-up
On November 28 the Länder of Hamburg and Schleswig-Holstein completed the sale of HSH Nordbank to affiliates of Cerberus Capital Management, JC Flowers & Co, GoldenTree Asset Management, Centaurus Capital and BAWAG. The bank which is active in the rolling stock leasing market plans to operate under the name Hamburg ...