Latest Business News
All the latest business news in the rail sector.
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Polarteknik Oy Completes Acquisition of PneumaXpert
On 1st June 2018, Polarteknik Oy completed the acquisition of PneumaXpert. Through integration, Polarteknik with PneumaXpert will together b…
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United Wagon Company to Supply 50 Tank Cars to Russian Copper Company
Karabashmed, a copper smelting company in the Russian Federation, has commissioned the United Wagon Company to produce 50 model 15-9545 tank…
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Traction Inverters to be made in Russia say Hitachi and Transmashholding
Hitachi and JSC Transmashholding have signed an agreement to produce high performance traction inverters within the Russian Federation.The j…
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Big Change is Coming Down the Line – the General Data Protection Regulation
The General Data Protection Regulation (GDPR) represents a seismic shift in the way businesses will be allowed to process data. Any railway …
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California: Metrolink Lets App Users Buy Tickets with Apple Pay®
Metrolink in California has announced that users of its app can now purchase tickets via Apple Pay®. The adoption of the system follows seve…
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Škoda Becomes Sole Shareholder of Finnish Rolling Stock Manufacturer Transtech
Škoda Transportation Group has signed an agreement with Sinituote Oy to buy the company's 25% shares in Transtech, the Finnish rolling stock…
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UK: Andrew Haines Appointed CEO of Network Rail
Sir Peter Hendy, Chairman of Network Rail, has, on behalf of the board, appointed Andrew Haines to replace Mark Carne as its CEO. Haines wil…
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UK – Stadler to Fit Teleste System on new Metro Trains in Liverpool
Stadler has selected the end-to-end on-board system designed by Teleste for installation on 52 new trains which it is building for Merseyrai…
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Fenix Signalling Launches Office in Southeast Asia after Acquiring MGB Systems Ltd
Fenix Signalling has acquired a majority shareholding in MGBS Systems Ltd and will use it to launch its own services in Southeast Asia. MGBS…
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MTR Appoints John Robinson as Head of Property for European Business
MTR has appointed John Robinson as Head of Property for European Business. The appointment is a strategic decision to expand its rail+proper…
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PERES: Promoting European Rail Excellence outSide EU
In this article Lucy Prior, Membership Development and International Trade Director of the Rail Alliance, the largest specialist business-to…
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Singapore: Alstom to Supply 17 Metropolis Trains for Land Transport Authority
Alstom and the Land Transport Authority of Singapore have signed a contract agreeing the order of 69 Metropolis Trains for the country's met…
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POLARTEKNIK Prepares for its 10th InnoTrans Exhibition in September 2018
POLARTEKNIK, a company well known for its innovative capabilities, its tailored, customer-oriented solutions and its dedication to quality, …
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Union Pacific: $2.1 million Investment in Montana
Union Pacific, one of the largest railroad companies in the United States, has announced $2.1 million of investment to improve its lines in …
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Ramboll Acquires DEG Signal Ltd.
Engineering and design consultancy Ramboll UK has acquired DEG Signalling Ltd to expand its multidisciplinary support for clients in the rai…