Railway supply industry news – Page 8
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NewsBeacon Rail buys Mitsui Rail Capital Europe
EUROPE: Beacon Rail has entered into a definitive share purchase agreement to acquire 100% of locomotive leasing business Mitsui Rail Capital Europe from Mitsui & Co. Beacon Rail said the transaction agreed on August 7 is expected to complete before the end of March 2024, subject ...
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NewsDB passenger traffic still booming
GERMANY: In the six months to June 30 2023 Deutsche Bahn carried 990∙2 million passengers, a 7∙9% increase over the first half year in 2022. Passenger-km totalled 41 196 million, up by over 13% from 36 431 million in January to June 2022. At 15∙4%, the ...
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NewsGuarantee creates more UK export opportunities in Turkey
TURKEY: The UK government’s export credit agency has underwritten €781m of financing to support the renovation and full electrification of the 286 km Mersin – Adana – Gaziantep line for 200 km/h operation, in return for a commitment to provide export opportunities for British suppliers. Loan ...
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NewsInnovation Council appointed to grow Australian rail supply sector
AUSTRALIA: The federal government has appointed a Rail Industry Innovation Council tasked with streamlining practices to increase domestic manufacturing as part of the National Rail Manufacturing Plan. The council is chaired by Jacqui Walters, who has been appointed as Rail Manufacturing Advocate with the aim of ...
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NewsDeloitte to develop Spanish track access charging regime
SPAIN: Infrastructure manager ADIF has awarded Deloitte a contract to develop a scale of access charges which will apply to RENFE, Iryo and Ouigo in 2024 and 2025. Responsibility for access charges was transferred from the state budget to ADIF in December 2022, and they can ...
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In depthInternational expertise sought to support Poland’s CPK rail programme
With the first construction contracts to be let shortly and orders for more than 100 high speed trains to follow, Marcin Horała, Secretary of State at Poland’s Ministry of Infrastructure, explains how international expertise will be needed to support the CPK programme.
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NewsWagon pooling company relocates headquarters
NORTH AMERICA: Wagon pooling company TTX is to move its headquarters from Chicago to Charlotte in North Carolina. TTX is a co-operative owned by BNSF, CN, CPKC, CSX Ferromex, Norfolk Southern and Union Pacific. It has a fleet of more than 170 000 wagons for traffic ...
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NewsAlstom to open train cab factory in Morocco
MOROCCO: Alstom is to build a second factory in Fez, where will produce driving cabs for regional and metro trains. This 160m dirham investment is expected to create 200 direct jobs by 2025. Alstom produces electrical wiring and Mitrac transformers at its existing plant in the ...
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NewsSystra agrees to buy Atkins business in Scandinavia
EUROPE: International engineering consultancy Systra has reached agreement to acquire the Atkins businesses in Sweden, Denmark and Norway from SNC-Lavalin Group, strengthening its presence in the Scandinavian market.
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NewsSystra seeks strategic investor to fund expansion
FRANCE: Paris-based transport engineering consultancy Systra has announced its intention to bring in a strategic investor to fund further expansion of its activities over the next five years.
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Rail Business UKInternational growth planned with acquisition of UK rolling stock consultancy
UK: The Rendel Ltd subsidiary of France’s Ingerop Group has purchased a controlling interest in T&RS Engineering Ltd, a Doncaster-based consultancy which provides rolling stock maintenance, overhaul, technical support and auditing services for operators, maintainers and leasing companies. ‘Ingerop has built up, throughout the years, an ...
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NewsTalgo Inspire seeks alliances with transport technology start-ups
SPAIN: Rolling stock manufacturer Talgo has launched a programme to work with innovative start-ups in the worldwide transport sector. The Inspire programme will use a venture client model under which Talgo will buy a start-up’s products rather than acquire an equity stake. ‘We are looking for ...
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NewsDowner picks Hyundai Rotem to support delivery of Queensland EMU fleet
AUSTRALIA: Downer has formed a consortium with Hyundai Rotem to build, commission and maintain 65 six-car 1 067 mm gauge electric multiple-units for Queensland. The Queensland government had selected Downer in February as the preferred bidder over CAF and Alstom for the A$4·6bn contract, which is ...
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Rail Business UKRail software specialist FabDigital acquired by 3Squared parent company
UK: Rail information software company FabDigital has been acquired by EPM Transport Solutions, which also owns 3Squared. EPM was supported by Literacy Capital. FabDigital supplies software enabling train operators to integrate real-time and accurate travel information into their websites. ‘We have long admired FabDigital’s software solutions ...