Railway supply industry news – Page 84
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NewsNew York MTA to acquire Grand Central Terminal
USA: New York’s Metropolitan Transportation Authority has agreed to purchase Grand Central Terminal and sections of the Hudson and Harlem commuter rail lines, correcting what it terms a ‘historical quirk’ of New York infrastructure ownership. The acquisitions, valued at $35m, were approved at an MTA finance committee meeting in mid-November. ...
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NewsDB orders wagons from Russian supplier UWC
GERMANY: Russian manufacturer United Wagon Co has won what it says is a ‘major breakthrough’ order to supply wagons to Deustche Bahn, beating rival bids submitted by ‘leading companies from Europe and the USA’. The order announced on November 27 covers 130 Sggrs80 articulated container flat wagons which will be ...
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NewsKeolis wins Nancy public transport operating contract
FRANCE: The greater Nancy metropolitan council has selected Keolis as the winner of a contract to operate its Star urban transport network for six years from January 1 2019. Keolis said the contract covering bus, electric shuttle, transport on demand, transport for passengers with reduced mobility and park-and-ride facilities across ...
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NewsStadler rolls out Guardia with BLS as it expands into signalling
SWITZERLAND: Field tests and approval work is now underway ahead of the introduction of Stadler’s first onboard train protection unit with BLS. Stadler describes the development of the Guardia ETCS onboard unit as a ‘key milestone’ in its history. The Swiss company has previously focused on producing vehicles, but two ...
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NewsSaudi Railway Co affiliates with UK safety and standards body
SAUDI ARABIA: Saudi Railway Co has become one of the first international affiliates of the UK’s Rail Safety & Standards Board. Vice-President, Operations, Khaled Al Harbi said being able to access RSSB’s tools and guidance would support Saudi Arabia’s goal of improving its rail transport resources. ‘Together ...
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NewsRailway supply industry news round-up
Rio Grande Pacific Technology has acquired Innovative Solutions In Signaling, which is based in Louisville, Kentucky. The sale was handled by RR Mergers & Acquisitions. 'This is an exciting acquisition which extends our market line and provides access to new rail projects and customers', said RIOTECH President & CEO Greg ...
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NewsIndian rail fastening factory opened
INDIA: The Pandrol Rahee Technologies joint venture of rail fastening supplier Pandrol and infrastructure contractor Rahee Group has opened a fastening manufacturing plant in Hyderabad. The 3 500 m2 facility has includes an automated clip forming line with an advanced coating technology process. It is expected to produce 4 million ...
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NewsStadler becomes sole owner of Solaris Tram
POLAND: Stadler has become the sole owner of Solaris Tram after buying 40% of the joint venture from CAF, the Swiss company announced on November 19. Solaris Tram came into being on April 1 2017 as a joint venture of Solaris Bus & Coach and Stadler. The ...
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NewsVirgin Trains USA formed by Virgin Group and Brightline
USA: A strategic partnership and trademark licensing agreement for the launch of Virgin Trains USA was announced by Virgin Group and private-sector inter-city train operator Brightline on November 16. Subject to certain closing conditions, Virgin Group is to make a minority investment in Brightline, which will be managed and operated ...
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Metro Report InternationalAutonomous vehicle research centre to be set up in Singapore
SINGAPORE: Continental and EasyMile have signed a memorandum of understanding to form a research and development team based in Singapore to work on autonomous vehicles. The team’s work would focus on developing perception and deep learning technology, with the eventual aim of testing an autonomous vehicle in the city. ...
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NewsRailway supply industry news round-up
Representatives of Kamkor Locomotive, GE Transportation and Škoda Transportationmet last month to discuss co-operation to maintain Kazakhstan Railways TEP33A passenger locomotive wheelsets at the Shar locomotive depot. Germany’s Federal Railway Authority has certified Deutsche Bahn’s inspection and infrastructure engineering contractor DB Systemtechnik as an independent assessment body for ...
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NewsAlstom announces 'excellent' first half results
ALSTOM: Chairman & CEO Henri Poupart-Lafarge said Alstom ‘achieved excellent results in this first half with breakthrough commercial successes’, when he presented on November 14 the company’s results for the financial period from April 1 to September 30. Alstom had booked orders worth €7·13bn, up from €3·17bn in the same ...
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NewsWegh Group invests in Mozambique sleeper plant
MOZAMBIQUE: Italian company Wegh Group has increased its stake in concrete sleeper manufacturer Travessas Do Norte, which was already 52% owned by Wegh Mocambique. The company’s plant at Namialo on the Nacala – Nampula railway is one of the largest in southern Africa with a capacity of 1 600 sleepers ...
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NewsSNCF to sell Ouibus to BlaBlaCar in multimodal partnership
FRANCE: SNCF is to sell its loss-making Ouibus long-distance coach operations to the digital ride-sharing specialist BlaBlaCar under a multimodal development partnership announced on November 12. After a decade of head-to-head competition, the national railway has entered exclusive negotiations with the ‘leading French start-up in the mobility sector’. While the ...
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NewsRailway supply industry news round-up
PCM Rail.One has begun construction of a concrete turnout bearer plant on a DB Netz site at Schwandorf in Bayern. Production is scheduled to begin in autumn of 2019, with annual capacity of 180 000 linear metres of end-anchored prestressed concrete bearers. ‘We will deliver concrete sleepers to construction sites ...
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NewsInvestors back short line company
USA: Sam Zell’s Equity Group Investments has led a group of co-investors including International Rail Partners in a commitment of more than $200m to short line investor RailUSA. Terms have not been disclosed. IRP is led by Gary Marino, who was formerly the founder, President & CEO of short line ...
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NewsGreenbrier announces 'solid results'
GREENBRIER: Wagon manufacturer The Greenbrier Companies has announced net earnings of $151·8m on revenue of $2·5bn for the year to August 31 2018, with adjusted net earnings of $133·9m and adjusted EBITDA of $318·2m, or 12·6% of revenue. A total of 20 900 wagon units were delivered, and orders received ...
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Rail Business UKSiemens’ Lincoln Bogie Service Centre obtains RISAS certification
UK: Siemens has received its first certification under the RISAS assurance scheme, covering work on wheelsets, bogies and suspension components undertaken at its site in Lincoln. Run by safety and standards body RSSB on behalf of the rail industry, RISAS aims to provide economies of scale through a single assessment ...
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NewsVossloh acquires Strabag Rail milling business
GERMANY: Vossloh announced on November 5 that it had agreed a deal to acquire Strabag Rail GmbH’s rail milling business, which comprises four milling machines and around 30 employees. Vossloh said the purchase price and expected sales were in the ‘low double-digit million’ range. The transaction is expected to be ...
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NewsGreek rolling stock maintenance privatisation deal signed
GREECE: The share transfer agreement for the sale of 100% of rolling stock maintenance business EESSTY to the Trainose train operating subsidiary of FS Group for €22m was signed by the Hellenic Republic Asset Development Fund privatisation agency on October 29. EESSTY was spun out of the former state railway ...