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Financial
September 22, 2023
|
Main line
DB and BMDV announce schedule for German network upgrades
Work will be carried out on 40 routes across Germany by 2030.
September 21, 2023
|
Fleet
Greenbrier books wagon orders worth $US 1.9bn in fourth quarter
Orders for 15,300 units are the company's largest quarterly total for nearly 10 years.
September 19, 2023
|
Financial
West Coast and CrossCountry long-term operating contracts awarded
Avanti was previously directed to develop a recovery plan to address poor performance on key routes.
September 19, 2023
|
Policy
Deutschlandticket faces uncertain future
The federal government has told Gemany's states that they must provide significant additional funding to ensure the future of the discounted national ticket, as Keith Fender reports.
September 19, 2023
|
Financial
Hitachi refiles Thales merger clearance in the EU
A proposed remedy package under which Hitachi is divesting assets in France and Germany is expected to satisfy European Commission concerns about the merger.
September 14, 2023
|
Infrastructure
DB extends preventative rail maintenance agreement with Vossloh
Vossloh also announces successful integration of Railwatch, a developer of track monitoring technology.
September 13, 2023
|
Financial
SNC-Lavalin rebrands as AtkinsRéalis
Future plans include shedding a “costly backlog of big, over-budget rail projects.”
September 12, 2023
|
North America
Progress Rail sues Wabtec over alleged “anti-competitive conduct”
The Caterpillar subsidiary accuses its rival of abusing its market power in the supply of diesel-electric main line locomotives, equipment and services.
September 12, 2023
|
Africa
US and EU back Lobito corridor extension from Angola to Zambia
The United States and European Union will support pre-feasibility studies for the project.
September 8, 2023
|
Financial
Stadler records $US 5.3bn of new orders in first half
Strong demand also drives record order backlog.
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