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 market’, said Beacon Rail CEO Ted Gaffney when the deal was announced on December 20. ‘It adds to our existing fleet of heavy diesel locomotives, so this acquisition allows us to continue to leverage our existing skills, expertise and experience. We are also very pleased to add Colas Rail as a customer and we are looking forward to strengthening and growing our relationship with Colas Rail in the future.’