Archive for category: Business

Alstom to deliver traction systems to Nanjing Metro

Alstom has announced a 28 million euro contract to supply traction systems to a new line on the Nanjing Metro system. The Shanghai Alstom Transport Electrical Equipment (SATEE) joint venture[...]
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European loan supports train building in Belarus

Rolling stock manufacturing in Belarus has been given a 14.5 million euro boost after the European Bank for Reconstruction and Development (EBRD) agreed a loan to support the production of[...]
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Canadian Pacific fast tracks capital investment plans

Canadian Pacific is to bring forward capital investment programmes originally planned for 2014 after recording a “higher than anticipated 2013 cash-flow projection”. The company has said it will be investing[...]
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Parsons Brinckerhoff handed extension for California high-speed rail

Parsons Brinckerhoff has won a two-year contract extension worth $120 million to continue programme management for California’s proposed 800-mile high-speed rail network. The project will eventually connect Los Angeles with[...]
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DB signs framework order for 450 Bombardier locomotives

Deutsche Bahn (DB) has signed a framework agreement with Bombardier that could see the delivery of 450 TRAXX locomotives between now and 2023. The new locomotives will be split across[...]
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Siemens Rail Electrification meets BS11000 standard

Siemens’ rail electrification division has achieved the BS11000 accreditation for collaborative working. BS11000 has been developed to establish a clear standard for collaboration in an effort to improve the effectiveness[...]
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Crossrail awards station power supply contract

Crossrail has announced that it intends to award the £25 million contract for the non-traction high voltage power supply contract to the AC Joint Venture (Alstom Transport and Costain Limited).[...]
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IEP win for Nomad Digital

Hitachi has awarded Nomad Digital the contract to supply On Board Server (OBS) systems for the new fleet of IEP trains. Nomad systems will be installed on all 92 Hitachi[...]
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Eurostar on track in 2013

Eurostar experienced its strongest-ever booking period in January to post ‘encouraging’ first quarter figures. A ticket promotion at the start of the year, which offered 150,000 seats between London and Paris, Brussels or Lille for £59, saw the cross-border high-speed rail service outperform its previous sales record set during the ash cloud disruption in 2010....
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Heathrow Express announces combined air and rail ticket partnership

A new partnership between Heathrow Express and Aer Lingus will allow customers to book train tickets as part of their flight for the first time. Aer Lingus passengers will now be able to choose to add the Heathrow Express service to London while purcha...
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EU approves Siemens’ Invensys acquisition

Siemens can now complete on a £1.74 billion buyout of British engineering firm Invensys Rail after receiving clearance by the European Commission. Investigations by the Commission concluded that Siemens and Invensys Rail have “geographically complementary activities” and that the acquisition would not affect competition in the EU. The Commission examined the impact the proposed acquisition...
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