Railway supply industry news – Page 7
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NewsInfracapital enters German rolling stock market with Rock Rail
GERMANY: M&G plc’s infrastructure investment arm Infracapital has entered the German rolling stock market through a joint venture with Rock Rail. The first deal covers the financing of 18 four-car Siemens Mobility Mireo EMUs ordered for use by DB Regio on Mitteldeutschen S-Bahn 2025plus services from ...
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NewsEuropean Commission approves I Squared’s acquisition of Arriva
EUROPE: I Squared Capital Advisors’ acquisition of sole control of Arriva plc from Deutsche Bahn has been approved by the European Commission.
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NewsAlstom invests in Indian signalling capabilities
INDIA: Alstom has established a €40m ‘Digital Experience Centre’ at its Signalling lab in Bengaluru to facilitate learning, adaptation, experimentation, simulation and validation of hardware and software for main line, urban, freight and mining applications in India and elsewhere. Alstom’s signalling lab infrastructure in India now ...
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NewsAITX completes SMBC Rail acquisition
USA: ITE Management affiliate American Industrial Transport has completed its acquisition of 50 000 wagons and activities formerly owned by SMBC Rail Services. SMBC RS Chief Executive Michael McCarthy has been appointed President of American Industrial Transport, and SMBC RS President Texas Howard has been named ...
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NewsProposed US wagon regulations target countries of concern
USA: The Federal Railroad Administration is seeking comments on a proposal to amend the Freight Car Safety Standards to limit the use of sensitive technology or components that originate from designated countries of concern or are sourced from state-owned enterprises from such a country. The changes ...
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NewsTalbot Services awarded Traxx overhaul contract
GERMANY: Leasing company Akiem has awarded Talbot Services a contract to overhaul 23 Bombardier Transportation Traxx Class 186 electric locomotives in 2024, and to provide ongoing maintenance in the following years. The work will be undertaken by Talbot Services teams in Aachen, with Akiem Maintenance & ...
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NewsFunding secured to support locomotive orders
EUROPE: Private equity investor RIVE Private Investment has structured a €300m financing platform for the acquisition of ‘innovative’ locomotives for lease. This will initially support existing orders for: 15 Siemens Mobility Vectron Dual Mode electro-diesel locomotives; 20 Alstom Traxx MS3 locomotives, which RIVA said would ...
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NewsSinara obtains certification for domestic EMUs
RUSSIA: Sinara Transport Machines has obtained Customs Union certification enabling series production of its ES104 electric multiple-unit developed with domestic content to replace the Lastochka (Desiro RUS) design, and has delivered the first four units. The ES104 was designed and manufactured in one year after Siemens ...
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NewsSystra acquires Rail Systems Australia
AUSTRALIA: Systra has signed an agreement to acquire Rail Systems Australia, an engineering, signalling and telecommunications specialist founded in 2017 which now employs 130 people and has offices in Perth, Sydney, Brisbane and Melbourne. RSA founder Mike Stegena said the company had ‘experienced remarkable growth, prompting ...
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NewsUnion Pacific rebuilds Plasser tamper
USA: Union Pacific’s Denver workshop has completed work on the first of 32 Plasser American 09-16 Dynacat continuous action tampers which are to be rebuilt to be more user-friendly, enhance safety and simplify repairs. Casey Prewitt, Senior Manager, Maintenance of Way Shop, said this was the ...
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NewsHybrid train comes with ethical certification of its supply chain
ITALY: Hitachi Rail says it is the first rolling stock manufacturer to be able to track not just the environmental impact of its products, but also their social impact via a Social Product Declaration. The SPD for Hitachi Rail’s Masaccio electric-battery-diesel hybrid multiple-units, known as Blues ...
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Metro Report InternationalAlstom invests in Brazil amid strong outlook for South American metro sector
BRAZIL: Alstom is about to start producing metro trainsets for São Paulo Line 6 at its Taubaté factory as the company invests to support growing rail markets in South America.
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NewsRailpool sets up French subsidiary
FRANCE: Already the largest locomotive leasing company in Germany, Railpool has opened a French subsidiary with a view to tapping into demand for greater interoperability between European rail networks and growing domestic rail freight in France. Created in 2008 and based in München, Railpool has turnover ...
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NewsAustralian Railway Research & Innovation Network launched
AUSTRALIA: The Australian Railway Research & Innovation Network has been launched to identify and deliver critical research and innovation in support of the National Rail Manufacturing Plan. AusRRIN includes Monash University’s Institute of Railway Technology, Central Queensland University, University of Queensland, University of Wollongong and ...