News – Page 221
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NewsThe Andersons sells wagon leasing business with repair shops to follow
USA: The Andersons has sold its wagon leasing business to American Industrial Transport for $550m, and is also planning to divest its wagon repair business which includes 29 facilities across the USA. ‘This railcar leasing business has been a successful and consistent cash flow generator’, said ...
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Rail Business UKHydrogen strategy says electrification is the best option for rail
The government’s first UK Hydrogen Strategy says electrification is likely to be the best way to decarbonise non-electrified railways…
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In depthHigh Speed: Sapporo in sight as tunnellers tackle Hokkaido’s hills
Construction of the 212 km second phase of the Hokkaido Shinkansen from Shin-Hakodate-Hokuto to Sapporo offers the prospect of a 5 h journey time from Tokyo once the line is completed in 2030-31. Mike Bent investigates.
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NewsLeasing company takeover to provide funding for growth
GERMANY: Swiss Life Asset Managers and Vauban Infrastructure Partners have proposed the acquisition of wagon leasing company Aves One, and following a successful takeover intend to provide additional capital of €100m to optimise the capital structure and finance further growth. The deal would be worth €12·80 ...
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Metro Report InternationalLugano tram-train cut-off tunnel approved
SWITZERLAND: Plans for a 2·2 km cut-off tunnel which would provide metre-gauge operator Ferrovie Luganesi with a more direct route into Lugano were approved by the Federal Council on August 11. Construction of the tunnel along with a 1·9 km surface branch to Manno are key ...
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Metro Report InternationalTrack Access Management System goes to market
SINGAPORE: PCCW Solutions and the Strides Engineering subsidiary of metro operator SMRT Trains are to jointly market their Track Access Management System software for automating track access allocations when planning engineering and maintenance works. TAMS replaces labour intensive manual processes, and provides real-time updates of allocation ...
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Rail Business UKViewpoint: Help needed to restore HS1 as the UK’s ‘green gateway’
Britain’s sole high speed railway and its link to continental Europe, High Speed 1 can lead the transport decarbonisation charge, but it needs support to bounce back from Covid-19 first, argues HS1 Ltd Chief Executive Dyan Crowther.
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NewsMore LPG Safety++ wagons ordered to meet demand
EUROPE: ‘Our new LPG Safety++ wagon is becoming a top success’, reports Cyrille Guyon, Regional General Manager Eastern Europe at leasing company Ermewa. Ermewa has ordered a further 150 of the LPG Safety++ wagons from Polish manufacturer Chemet this year to meet ...
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Metro Report InternationalUnderground subway connects rail and metro hubs in central Madrid
SPAIN: A pedestrian subway has been opened in central Madrid to link the underground suburban station at Sol with Gran Vía on metro lines 1 and 5.
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NewsZSSK selects Škoda to supply more regional EMUs
SLOVAKIA: National passenger operator ZSSK has awarded a consortium of Škoda Transportation and ŽOS Trnava a contract to supply a further nine three-car Panter dual-voltage electric multiple-units.
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In depthHigh Speed: Competition enlivens the European market
Instead of our regular World Speed Survey, we offer a snapshot of high speed rail developments at a time when the world is still grappling with the consequences of the Covid-19 pandemic. Murray Hughes investigates.
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Rail Business UKTrain companies look to get travellers ‘back on track’
UK: The first co-ordinated national marketing campaign since the start of the coronavirus pandemic was launched by the rail industry on August 16. Branded ‘Let’s get back on track’, it is primarily aimed at leisure travellers.
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NewsDB buys hydroelectric power from Norway
GERMANY: Deutsche Bahn has signed its first cross-border long-term green power purchasing agreement, a 10-year deal covering 190 GWh/year of electricity generated by the Mågeli hydroelectric power plant operated by Norway’s state-owned energy provider Statkraft. Equivalent to powering the 40 000 daily electric trains in Germany ...
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NewsKTZ Tetra trial
KAZAKHSTAN: National railway KTZ is testing a Tetra radio based train control system which has been installed on 12 locomotives based at Almaty for trials. The system is designed to ensure safe and on-time running on heavily used routes, providing the driver with information on signals, ...
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NewsŽOS Trnava to maintain RDC night train stock
GERMANY: Railroad Development Corp’s vehicle leasing and management business RDC Asset has awarded ŽOS Trnava a three-year contract to maintain its overnight train coaches, with a guaranteed minimum order of 10 vehicles per year. The work will start with Bvcmz couchette cars. ...
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NewsRail organisations welcome Senate backing for US infrastructure bill
USA: Rail associations have welcomed the passage of the Infrastructure Investment & Jobs Act through the upper house of the US Congress on August 10, marking the latest step in the process to pass a bi-partisan infrastructure bill which could deliver significant funding streams for main line and urban rail enhancements.
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Rail Business UKPrototype Revolution Very Light Rail vehicle ready for testing
UK: Assembly of the prototype Revolution Very Light Rail vehicle has been completed, and is it now ready for testing to assess the feasibility of providing passenger services on low-traffic and feeder routes where the high cost of conventional rolling stock is currently a barrier to operations.
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NewsCalls for cross-industry support as coronavirus state aid approved
GERMANY: State aid measures to support the rail freight and long-distance passenger sectors and reduce track access charges during the coronavirus pandemic have been approved by the European Commission. However, private operators’ association Mofair is calling for further funding proposed by the government to be used ...