Archive for category: Business

360 Rail Services acquires Railroad Specialties

Less than six months after it was launched, 360 Rail Services has announced it has acquired Railroad Specialties. 360 Rail Services, which is based in Englewood, Colorado, USA, was established by industry veterans Larry Stockton and Robert Olin in April, 2017. It provides engineering, design, construction, maintenance, logistics and transloading services to the railway industry […]
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New Louis Berger and Egis partnership to support ‘safer, more efficient rail travel’ in United States

Engineering firms Louis Berger and Egis have announced a partnership to support the United States’ future rail demands. Louis Berger’s US transportation president Nick Ivanoff said that the country has suffered from “years of underfunding” and that an estimated $200 billion is needed to meet U.S. rail demand through to 2035. He added: “…the Louis Berger-Egis joint venture allows […]
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Belgium ‘beer train’ promises to keep 5,000 lorries off the road a year

The first test ‘beer train’ between Jupille and Ninove has completed its maiden journey in Belgium – promising to keep 5,000 lorries off the road a year. Previously beer was transported on a daily basis from InBev’s brewery in Jupille to food retailer Delhaize’s warehouse in Ninove, but now a train will carry the same cargo three […]
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Alstom signs ‘milestone’ contract in Sweden

Alstom has signed a new contract to refurbish trains for the Swedish public transport agency Västtrafik – a deal that has been labelled an “important milestone” for the company. Worth €9 million, the contract will see Alstom Sweden – which was previously known as the Motala Train – refurbish 18 X12 and X14 two-car vehicles […]
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Alstom signs ‘milestone’ contract in Sweden

Alstom has signed a new contract to refurbish trains for the Swedish public transport agency Västtrafik – a deal that has been labelled an “important milestone” for the company. Worth €9 million, the contract will see Alstom Sweden – which was previously known as the Motala Train – refurbish 18 X12 and X14 two-car vehicles […]
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Italferr to help with construction of new Trasandino railway tunnel in Peru

Italferr, the consulting subsidiary of Italian state-owned railway infrastructure and service provided FS Group, has been awarded an initial contract for the Trasandino tunnel, Peru, in association with other engineering companies. Worth €1.6 million, the contract covers a transport study, a financial analysis of the project and an evaluation of the technological solutions to be adopted. […]
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Construction begins on final phase of Austria’s Koralm railway in Carinthia

Construction has begun on the last phase of the Koralm railway in Carinthia, Austria. The 130km double-track, high-speed railway is now fully under construction after work began on the final 10km section between Aich and Mittlern. This section will include four new railway bridges with road underpasses and three road bridges and is expected to be completed within the […]
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Alstom renew deal with Teleste for onboard passenger information systems and CCTV

Finish technology firm Teleste Information Solutions has signed another frame agreement to provide onboard systems for Alstom trains. Teleste has already delivered on-board systems to over 100 of Alstom’s trains in Europe. Its latest deal covers: passenger information systems, CCTV, intercommunication and public address systems as well as TFT and LED displays. Alstom commodity manager Laurent Bacqué said: “To […]
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Georgia, Azerbaijan and Iran discuss new freight corridor to link India and Europe

The national heads of rail for Georgia, Azerbaijan and Iran have met to discuss the new South-West Transport Corridor. The project concerns the building of a freight railway corridor between the three countries from India to Europe to improve connectivity. Currently freight travelling by the sea takes between 30 and 40 days. The director of Georgian […]
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Completion date brought forward seven years for Singapore’s North East Line extension

Originally planned for 2030, Singapore’s Land Transport Authority (LTA) has brought the completion date for the North East Line extension (NELe) forward to 2023. The date has changed to support the upcoming business and residential developments in Punggol North – which NELe will serve. Originating in Punggol, the 1.6km extension will also see a new station built, which […]
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CRRC supplies first train for Chongqing Metro

The first of 39 CRRC Qingdao Sifang train-sets for the Chongqing Metro system has arrived. The six-car train will run on Line 5 in the southwest Chinese municipality of Chongqing. Once it is operational, the train will run at a maximum speed of 100km/h, carrying up to 2,322 passengers. CRRC said that the deepest section of Line […]
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