Railway supply industry news – Page 4
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Rail Business UK
William Cook Rail acquires Crowle Wharf Engineers
UK: Leeds-based wagon and industrial component supplier William Cook Rail has acquired coupler, bogie, buffer and wagon maintenance, repair and overhaul specialist Crowle Wharf Engineers Ltd. Announcing the deal on April 29, William Cook Rail explained that CWE had annual sales of £5m, and 50 employees ...
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News
Abellio Deutschland sold to BeNEX
EUROPE: German regional operator BeNEX is to acquire Abellio’s German subsidiary from Dutch national operator Nederlandse Spoorwegen.
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News
Components joint venture agreement
INDIA: The AT Railway a subsidiary of Amber Enterprises India has signed a joint venture agreement with South Korea’s Yujin Machinery to design, manufacture, and develop critical components for various types of rolling stock used in India. The joint venture will focus on components such as ...
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News
Knorr-Bremse enters signalling market with North American acquisition
NORTH AMERICA: Knorr-Bremse announced on April 19 that it had agreed to buy Alstom’s North American conventional signalling business, with a deal that is expected to be formally concluded ‘in summer 2024’. The former General Railway Signal Co was established in 1904 through the merger of ...
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News
Shining a light on Dutch depots
NETHERLANDS: Local company Raillighting has developed a low-cost lighting assembly for illuminating walkways and other work zones which can be rapidly installed by hand. Branded Railpuck Luminaire, the lights are primarily intended to illuminate the paths and walkways used by staff to access depot buildings and ...
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News
Railcoop on brink of liquidation as financing gap stymies restructuring hope
FRANCE: Open access co-operative Railcoop is expected to be formally liquidated on April 29, the company President Nicolas Debaisieux has confirmed. The collapse of the co-operative comes after it was placed into judicial administration on October 16 for a period of up to six months. With ...
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News
Rolling stock leasing company investment
UK: Independent European fund manager Arjun Infrastructure Partners and University Pension Plan Ontario have announced an investment in Angel Trains, along with the formation of a partnership to pursue further investment opportunities in OECD countries. Angel Trains is the largest rolling stock leasing company in the ...
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Rail Business UK
Portuguese and UK railway industry associations to co-operate
EUROPE: Portuguese industry organisation Plataforma Ferroviária Portuguesa and the UK’s Railway Industry Association have signed a memorandum of understanding for co-operation. The agreement signed as part of a visit by 16 British companies covers: exchanging information on research, development and innovation; sharing best practice on ...
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News
UAE rail services business launched
UAE: Facilities management company Emrill and rail recruitment and consultancy firm Clemtech have launched Emrill Rail, which aims to simplify working in the UAE by providing cost-effective technical resources and service delivery for all aspects of rolling stock and rail support activities. Dubai-based Emrill Rail will ...
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News
European Rail Timetable business for sale
INTERNATIONAL: Director and Editor-in-Chief John Potter has decided to sell European Rail Timetable Ltd, publisher of the famous red book which contains almost 600 pages of detailed schedule information for 50 000 trains, as well as maps and useful travel information for Europe and beyond. The ...
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News
Amtrak adopts Delivery Partner model to deliver Baltimore tunnel project
USA: Amtrak has awarded its first Delivery Partner contract, covering the $6bn Frederick Douglass Tunnel programme which it says is its single largest capital project. This covers the rebuilding of 6 km of the Northeast Corridor through central Baltimore, with the central element being two new bores ...
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News
Rail skills shortage must be addressed to meet Europe’s environmental targets
EUROPE: Strategies to attract new talent to the rail sector were discussed at the Next–Gen Rail: Building The Workforce Of Tomorrow For the Rail Sector conference which was hosted by UNIFE in Brussels on March 27. Ideas discussed included retraining staff from other industries such as ...
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News
CRRC drops Bulgarian train bid following EU investigation
BULGARIA: CRRC Qingdao Sifang Locomotive has withdrawn its bid for a contract to supply 20 push-pull trainsets, after the European Commission launched an investigation into whether the Chinese state-owned company might have benefited from an unfair subsidy. The tender from the Ministry of Transport & Communications ...
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News
Fitch says rolling stock lessors are resilient to economic challenges
EUROPE: Rolling stock lessors in Europe are benefiting from continued rail traffic recovery and have resilience to higher interest rates, adequate leverage and long-term funding profiles, according to a report from Fitch Ratings. Fitch says European policies favouring environmentally friendly transport will support both the passenger ...
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News
Railway maintenance equipment partnership
INTERNATIONAL: British maintenance equipment supplier Thomson Engineering Design has selected Unipart Rail as its exclusive sales and distribution partner across Europe, Asia, New Zealand, Australia and North America. The companies are working in partnership to introduce a ‘revolutionary’ range of machines to provide the benefits of ...