SRI LANKA Railways (SLR) has awarded Rites, India, a Rs 680m ($US 126m) contract to supply 10 1676mm-gauge diesel locomotives and six DMUs.
GE Transportation announced on April 12 that it has completed the acquisition of a 50% stake in JSC Lokomotiv Kurastyru Zauyty (LKZ) from Kazakhstan Railways (KTZ).
FRANCE’s Institute of Technological Research (IRT) SystemX, together with French National Railways (SNCF) and Alstom, has launched a two-year project to automate the observation functions of train drivers.
CBH Group, Australia, has awarded a contract to Wi-Tronix, United States, to equip its fleet of 25 diesel-electric locomotives, which are used to haul grain trains, with Wi-Nostix, a predictive fault diagnostics and monitoring system.
TRANSMASHHOLDING (TMH), Russia, says it increased turnover by 22% in 2016 to Roubles 120bn ($US 2bn) thanks mainly to strong growth in the sale of passenger vehicles.
LONDON-based Pamplona Capital Management has agreed to sell British rolling stock leasing company Beacon Rail Leasing to JP Morgan Asset Management for £855m, less than three years after it acquired the company.
THE German rail industry achieved a 5.2% increase in exports in 2016 to €6.1bn taking exports to 52% of total sales of €11.8bn. However, domestic sales fell by 12% to €5.7bn compared with 2015.
ALSTOM’s Prima H3 hybrid shunting locomotive has been certified by the German Federal Railway Authority (EBA) to operate at up to 100km/h in Germany.
SOUTH Africa’s president Mr Jacob Zuma unveiled on April 4 the first diesel locomotive to be designed, engineered and manufactured by Transnet Engineering, the engineering and manufacturing division of Transnet.
SIEMENS has delivered the first two of 10 new Vectron multi-system locomotives to Alpha Trains which are being leased to TX Logistik, Germany, to transport freight between Germany, Austria and Italy.
