All Urban transport business articles – Page 13
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Metro Report InternationalStrukton forms Chinese joint venture
CHINA: Strukton Rolling Stock signed a joint venture agreement on May 31 with Jinan-based Rnomac Group subsidiary SiCC Co, which specialises in the manufacture of semiconductor materials. The joint venture, named Shandong SRCC Rail Transport Technology Co, aims to supply traction equipment and railway systems for the Chinese market. ...
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Metro Report InternationalMobile ticketing technology framework published
TICKETING: Embedded applications industry association GlobalPlatform has published a technical framework designed in collaboration with the Smart Ticketing Alliance and mobile operators' organisation GSMA which aims to ensure that interoperable mobile ticketing is brought to market efficiently and securely. GlobalPlatform Systems End-to-End Simplified Service Management Framework Transport v1.0.0 specifies the ...
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Metro Report InternationalSBS Transit and ST Kinetics sign MoU
SINGAPORE: ST Kinetics has entered the rail sector with the signing of a memorandum of understanding on April 26 with SBS Transit, which operates two metro lines and two light metro lines in Singapore. The two parties have entered a strategic partnership to collaborate on rail maintenance and engineering, ...
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NewsTransport for London appoints TSBA to license its brand
UK: Transport for London has signed a five-year deal for TSBA Group to manage its international brand licensing programme in return for a percentage of royalties from licensing deals that it negotiates. The TfL licensing programme is to be formally launched at Licensing Expo in Las Vegas on May 23-25. ...
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Metro Report InternationalThales acquires Guavus
ANALYTICS: Thales announced on April 28 that it had signed an agreement to acquire big data analytics company Guavus. The acquisition is worth up to US$215m and is expected to be completed in the third quarter of 2017. Headquartered in San Mateo, California, Guavus also has offices in Montréal ...
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Metro Report InternationalAlstom 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 InternationalTram 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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NewsUnited 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 InternationalCourt 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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NewsTracsis 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 InternationalCRRC 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 InternationalSingapore 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 InternationalLondon’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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NewsEBRD 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 InternationalReplacing 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 InternationalAlstom 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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NewsKeolisAmey 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 InternationalKapsch 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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NewsUijeongbu 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 InternationalIran 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 ...