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Škoda Transportation sold to Czech investor CZECH rolling stock manufacturer Škoda Transportation has been sold to investment company PPF, Škoda’s parent company, Cyrpus-based CEIL, announced on November 25.
stadler-to-acquire-swedtrac-from-knorr-bremse
KNORR-Bremse announced on January 18 that its Knorr Bremse Nordic Rail Services subsidiary has signed an agreement to sell rolling stock maintenance and refurbishment specialist Swedtrac to Stadler Service Sweden. Knorr Bremse says the sale of...
alstom-sales-increase-in-third-quarter-as-siemens-merger-deal-progresses
ALSTOM reported sales of €5.5bn in the first nine months of the 2017-2018 financial year, including €1.8bn in the third quarter, an increase of 6% year-on-year. Orders totalled €4.9bn during the first nine months, and €1.7bn...
carillion-goes-into-liquidation
BRITISH construction and facilities management company Carillion went into compulsory liquidation on January 15 following the failure of emergency talks with lenders and the government to avert the group’s collapse. The High Court has appointed an...
us-freight-traffic-up-34-in-2017
UNITED States freight railways transported 27,489,960 wagonloads and intermodal units in 2017, an increase of 3.4% compared with 2016. According to data released by the American Association of Railroads (AAR) on January 3, 3,478,126 wagonloads were...
progress-rail-finalises-purchase-of-ecm
CATERPILLAR subsidiary Progress Rail has acquired Italian signalling company ECM for an undisclosed sum. The transaction was officially completed on January 2 and ECM will become part of Progress Rail’s signalling division.ECM was founded in...
alstom-completes-obligations-with-us-doj-following-2014-corruption-sting
ALSTOM confirmed on January 3 that it has successfully concluded a three-year period of self-reporting obligations with the US Department of Justice (DOJ) following a global corruption scheme that was uncovered in 2014. Alstom pleaded guilty...
us-government-denies-funding-commitment-for-gateway-project
THE US Federal government has denied that any agreement was in place to help fund the $US 20bn Gateway programme to increase capacity on the Northeast Corridor.The project involves constructing a second double-track tunnel beneath...
ns-targets-regional-tenders-again
NETHERLANDS Railways (NS) CEO Mr Roger van Boxtel says NS will once again bid for Dutch regional concessions following improvements in performance and a successful period of “cleaning up” following the Fyra fiasco and Limburg...
tender-launched-for-karlsruhe-regional-network
BIDS have been invited by May 9 2018 for the operation of Network 7b of the EBO regional rail network in the Karlsruhe area of Germany. The tender is split in two lots and both...
infrabel-to-step-up-investment-by-25
THE board of Belgium’s infrastructure manger Infrabel has approved additional investment of €1.15bn for the period 2018-2031 on top of the €4.3bn in the 2017-2020 plan which will enable the Brussels RER project and some...

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