All Urban transport business articles – Page 13
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Metro Report International
Alstom and Airbus to co-operate on cybersecurity
CYBERSECURITY: Alstom and Airbus have signed a strategic co-operation agreement in cybersecurity that aims to develop a risk management model adapted to the evolution of the transport industry. Alstom notes that the expansion of the internet of things and big data, coupled with the increase in cyberattacks, requires new ...
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Metro Report International
Tram components 3D printed on demand
GERMANY: Siemens is using 3D printing to reduce its lead times for the supply of customised tram components from weeks to days while eliminating the cost of specialised tooling and the need to keep parts in stock. Siemens has seen an increase in demand for customised parts, but the ...
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News
United Wagon Co forms tank container subsidiary
RUSSIA: Rolling stock manufacturing group United Wagon Co has established a subsidiary to arrange multimodal tank container and container shipments in the CIS region, southeast Asia and the Middle East. Unicon 1520 will have a fleet of high-capacity flat wagons produced by UWC, as well as tank containers ...
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Metro Report International
Court backs Bombardier in Ontario LRV dispute
CANADA: Ontario provincial transport authority Metrolinx cannot immediately cancel a contract with Bombardier Transportation for the supply of 182 light rail vehicles without compensating the manufacturer, a court ruled on April 19.Metrolinx had launched legal proceedings against Bombardier over what it claimed were a series of delays to the production ...
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News
Tracsis buys stake in Vivacity
UK: Transportation data software supplier Tracsis announced on April 4 that it had taken a stake in Vivacity Labs, a provider of data for smart cities and intelligent transport systems. Tracsis is investing up to £1m, subject to performance milestones, through a tranched equity funding mechanism in return for ...
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Metro Report International
CRRC begins construction of Chicago factory
USA: CRRC Sifang America held a groundbreaking ceremony for its rolling stock assembly plant in Chicago on March 16. CRRC intends the 35 390 m2 factory in the Hegewisch district of southeast Chicago to become its North American assembly hub. Chicago Transit Authority awarded CRRC Sifang a framework contract ...
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Metro Report International
Singapore contactless ticketing pilot to begin in March
SINGAPORE: Land Transport Authority and Mastercard will launch an account-based fare payment pilot on March 20. This will allow passengers to use contactless credit and debit cards for fare payments on the metro and buses. LTA and Mastercard signed a partnership agreement for the pilot last year, and hope ...
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Metro Report International
London’s contactless payment goes global
CONTACTLESS: Cubic Transportation Systems ‘inevitably learned a lot about the processes of the payment industry’ through working with Transport for London on the roll-out of contactless payment, John Hill, Managing Director Europe, told Metro Report International at the Transport Ticketing Global 2017 conference, and such experience means deployment ‘becomes easier ...
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News
EBRD backs Bozankaya metro car manufacturing
TURKEY: The European Bank for Reconstruction & Development is providing bus and rail vehicle manufacturer Bozankaya with a €10m loan to finance expansion of production capacity at its Ankara plant including investment in an automated welding machine. This will support a contract for Bozankaya to act as a subcontractor to ...
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Metro Report International
Replacing paper tickets with mobile is 'only the start'
UK: Rambus Ecebs announced at the Smart Ticketing Global conference held in London last month that its Nevis Technologies joint venture with Strathclyde Partnership for Transport would be using the Glasgow Subway to pilot the company’s latest mobile ticketing product. Roll-out is expected to begin with selected users in mid-2017. ...
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Metro Report International
Alstom moves into smart mobility
MOBILITY: Alstom is investing €14m to buy a minority stake in EasyMile, a start-up that has developed an electric driverless shuttle. The two companies have also signed a commercial partnership agreement. Headquartered in Toulouse, EasyMile develops software for autonomous vehicles and other smart mobility technology. Described as shared driverless ...
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News
KeolisAmey to operate Manchester Metrolink
UK: Transport for Greater Manchester announced on January 18 that it had signed a contract with the KeolisAmey joint venture for up to 10 years of operation and maintenance of the Metrolink tram network. The contract will come into effect from July, when the existing operations contract with RATP ...
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Metro Report International
Kapsch acquires majority stake in Fluidtime
AUSTRIA: Kapsch TrafficCom has acquired a 75% stake in Fluidtime Data Services. Announcing the acquisition on January 12, Kapsch said that it strengthens its position in the emerging mobility-as-a-service sector. Fluidtime develops apps for multimodal urban transport. Incorporating real-time travel information from a number of sources, the apps allow ...
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News
Uijeongbu light metro operator files for bankruptcy
SOUTH KOREA: Uijeongbu LRT Co filed for bankruptcy at the Seoul Central District Court on January 11. The operator of the light metro line in the city of 500 000 inhabitants 20 km north of Seoul had debts of more than 240bn won at the end of 2016. When ...
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Metro Report International
Iran develops domestic metro supply industry
IRAN: Significant steps have been taken towards establishing a domestic urban rail supply chain, Tehran Urban & Suburban Railway Operation Co’s Chief Executive Dr Ahmadi Bafandeh told the inaugural conference of the Iranian metro supply industry. The event held in the capital during December attracted representatives from ...
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News
Comprehensive mobility cuts the mustard
FRANCE: A new operations contract for the Divia public transport network in Greater Dijon came into effect on January 1, with an expanded scope. In addition to managing the bus and tram networks, Keolis will be responsible for cycle hire and car parking. Keolis says that this ‘comprehensive mobility approach’ ...
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Metro Report International
KPMG predicts better use of information and more M&A activity in 2017
The changing market means business as usual will not be an option for UK transport and logistics operators in 2017, according to James Stamp, UK Head of Transport at KPMG. The international professional service group predicts that the UK market will be affected by a number of factors this year.
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News
FS buys stake in Milano metro concessionaire
ITALY: State railway group FS is to acquire its first stake in a metro line, with the signing of an agreement to purchase a 36·7% holding in Milano metro Line 5 concessionaire Metro 5 SpA from Astaldi for €64·5m. Astaldi will retain a 2% stake. FS Chief Executive Renato Mazzoncini ...
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News
Melbourne High Capacity Metro Trains contract close
AUSTRALIA: Infrastructure investor Plenary Group announced on November 22 that it had reached contractual close on the Victorian government’s A$2bn High Capacity Metro Trains project. The PPP contract will see the Evolution Rail consortium of investor Plenary, design and technology lead CRRC Changchun Railway Vehicles and delivery and maintenance lead ...
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News
Thales to sell ticketing business
FRANCE: On November 18 Thales announced that it had entered into exclusive negotiations with private equity firm Latour Capital with a view to divesting its transport ticketing, revenue collection, road toll and car park management business. The proposed transaction would not involve Thales’ railway signalling and control activities. The ticketing ...