Railway supply industry news – Page 2
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NewsMSC’s purchase of Italo stake approved
ITALY: The European Commission has approved Mediterranean Shipping Co’s planned acquisition of a 50% stake in open access high speed train operator Italo-NTV from Global Infrastructure Partners. The transaction announced in October was examined under the normal merger control procedure, with the Commission concluding that there ...
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NewsCheaper rolling stock financing predicted as Luxembourg protocol comes into force
INTERNATIONAL: A global treaty designed to make it easier and cheaper for the private sector to finance railway rolling stock came into force on March 8. The Luxembourg Rail Protocol to the Cape Town Convention on International Interests in Mobile Equipment is a treaty under the ...
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NewsABB to set up traction centre after Queensland EMU contract win
AUSTRALIA: ABB has been awarded a US$150m contract to provide complete traction packages for 65 electric multiple-units which Hyundai Rotem is to supply under the Queensland Train Manufacturing Programme. The company is also to invest US$6m to establish a traction centre of excellence in Maryborough with ...
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Rail Business UKPorterbrook purchases Long Marston Rail Innovation Centre
UK: Porterbrook has purchased the freehold of the Long Marston Rail Innovation Centre from St Modwen. ‘This deal provides absolute clarity for our business, our shareholders and the wider rail industry over the long-term future of Long Marston Rail Innovation Centre’ said Poterbrook CEO Mary Grant ...
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NewsOpen Sales & Distribution Model API sandbox launched
EUROPE: Train ticket retailing technology company Benerail has launched an Open Sales & Distribution Model API sandbox as an experimental ‘playground’ for companies to share ideas and collaborate. The OSDM was developed jointly by UIC, train operators and ticket vendors to provide a European industry standard ...
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Rail Business UK‘A day for the history books’ as Siemens to relocate Chippenham signalling factory
UK: Siemens Mobility has announced plans to relocate its existing rail control and signalling factory in Chippenham to a newly built site on the edge of the town by the end of 2026. The move was announced on March 4 at a ceremony in the factory ...
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NewsRailway supply industry news round-up
Viaggio Comfort coaches being supplied to Czech national operator ČD by a consortium of Siemens Mobility and Škoda Transportation are being tested in Austria using instrumented wheelsets designed and produced by PJM in Graz. The global market for control, command and signalling systems is currently €19·3bn ...
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Rail Business UKPorterbrook takes stake in Brodie Engineering
UK: Rolling stock leasing and asset management company Porterbrook has agreed to take a 49% stake in Brodie Engineering, which specialises in the heavy maintenance, refurbishment and overhaul of passenger and freight vehicles. Brodie Engineering was established in 1996 and now has two sites in Kilmarnock, ...
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Rail Business UKUK urged to join Eurofima to facilitate access to cheaper rolling stock finance
UK: Eurofima is urging British policymakers to sign its convention, which would facilitate UK rail organisations’ access to cheaper funding for rolling stock and other equipment.
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NewsSmart Train Lease aims ‘to make renting trains as easy and simple as renting a car’
GERMANY: Siemens Mobility has established a leasing subsidiary that would enable train operators to use its Mireo Smart battery, hydrogen and electric multiple-units without needing to make long-term investment commitments. Smart Train Lease GmbH would make available at short notice multiple-units already approved for operation. These ...
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NewsPrototype Portuguese national train under development
PORTUGAL: A prototype national train is being developed under the Producing Railway Rolling Stock in Portugal initiative. Three inter-city coaches are to be manufactured by 2025, formed as a push-pull set including a first class car with driving cab and two standard class cars, one with ...
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NewsTrainline targets airport users during Super Bowl
USA: Ticket retailer Trainline is to show an advertisement for European rail travel on TV screens at US international airport terminals during Super Bowl LVIII commercial breaks, while on-screen adverts will appear during the game. ‘The Super Bowl has a near-mythical status in US culture and ...
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In depthMarket Analysis: Driverless metro market set to surge
A projected boom in fully automated metro projects over the next decade offers valuable business opportunities, believes management consultancy Roland Berger.
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Metro Report InternationalFuture Mobility Taskforce launched
EUROPE: Private transport technology companies have formed a Future Mobility Taskforce which aims to inform EU policymakers about innovation and start-ups in the sector. The taskforce was launched when 16 CEOs and founders met Commissioner for Transport Adina Vălean in Brussels during January. Train and coach ...
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NewsGrant supports wagon orders
SPAIN: The Ministry of Transport, Mobility & the Urban Agenda has awarded leasing company Ermewa Ibérica a €17·3m grant to boost Spanish manufacturing as part of two wagon orders. The orders are for 150 Shimmns coil wagons which will be produced at the Inveho plant at ...
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