Locomotives Archives

Locomotives

December 4, 2015 | Locomotives

B Logistics leases 36 locomotives from Railpool

BELGIAN railfreight operator B Logistics has signed a 10-year full-service lease agreement with Railpool for 26 Bombardier Traxx MS multisystem electric locomotives to support its international operations.

"In order to support our international growth strategy, we needed to update our fleet of locomotives, says B Logistics CEO Mr Geert Pauwels. "This long-term partnership enables us to make sure that our fleet will be as reliable as can be and that we can expand our Green Xpress network on a European level."

Formerly known as SNCB Logistics, B Logistics was part-privatised in October when Belgian National Railways (SNCB) sold a 66.6% owned stake in the business to private equity group Argos Soditic following an investment of €70m structured as a capital increase in the company. SNCB remains the minority shareholder.

December 3, 2015 | Africa

Prasa seeks termination of Vossloh locomotive contract

PASSENGER Rail Agency of South Africa (Prasa) has approached the High Court in Johannesburg in a bid to terminate the controversial €250m locomotive deal it signed with Vossloh, alleging that the tender was rigged.

December 1, 2015 | Locomotives

Vectrons ordered for DB Schenker Rail Italy

UNICREDIT Leasing, Germany, has awarded Siemens a contract to supply eight 3kV dc Vectron electric locomotives, which will be leased by DB Schenker Rail Italy.

November 30, 2015 | Locomotives

Indian Railways signs contracts for 1800 locos

INDIAN Railways (IR) signed two contracts with a combined value of around Rs 450bn ($US 6.8bn) with Alstom and GE Transportation on November 30 for a total of 1800 freight locomotives, most of which will be assembled at purpose-built plants in the north-eastern state of Bihar as part of the government's Make in India initiative.

November 30, 2015 | Central/South America

Brazilian operator VLI nets BNDES financing

BRAZIL's National Bank for Economic and Social Development (BNDES) has approved Reais 587.8m ($US 151.3m) in financing for VLI Logistics for the railfreight operator to invest in new locomotives and wagons manufactured in Brazil.

November 19, 2015 | Financial

Canadian pension fund acquires 30% stake in Bombardier Transportation

CANADIAN pension fund Caisse de Dépôt et Placement du Québec (CDPQ) announced on November 19 that it has entered into a definitive agreement with Bombardier to acquire a 30% stake in Bombardier Transportation for $C 1.5bn ($US 1.1bn) in a deal which values the company at $C 5bn.

November 11, 2015 | Locomotives

Septa confirms Siemens locomotive order

SOUTH Eastern Pennsylvania Transportation Authority (Septa) has signed a contract with Siemens for 13 ACS-64 electric locomotives. The deal was approved as part of Septa's 2015-16 budget by the company's board in June.

November 11, 2015 | Asia

Alstom wins Indian electric locomotive contract

ALSTOM has received a letter of award from India's Ministry of Railways to supply 800 double-unit Prima electric locomotives to Indian Railways (IR) in a deal worth Rs 230bn ($US 4.3bn).

November 10, 2015 | Locomotives

GE to build 1000 locos for Indian Railways

GE Transportation is set to supply at least 1000 diesel locomotives to Indian Railways (IR) after GE Global Sourcing India was selected as preferred bidder for a Rs 220bn ($US 4.2bn) contract to establish a new joint venture production facility at Marhoura in the eastern Indian state of Bihar, which will build 700 3.36MW and 300 4.47MW units over the next decade.

November 9, 2015 | Locomotives

Low-emissions locos enter service in Chicago

NORFOLK Southern (NS) joined local and state officials in Chicago on November 5 to dedicate a new fleet of GP33ECO environmentally-friendly shunting locomotives at its 47th Street intermodal terminal.