All Urban transport business articles
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Metro Report InternationalTokyo Metro shares jump after stock exchange listing
JAPAN: Tokyo Metro was listed on the Tokyo Stock Exchange on October 23 in Japan’s largest IPO since the listing of SoftBank’s mobile telecoms business in 2018. Prior to listing, the national government owned 53·4% of Tokyo Metro’s shares, with the remaining 46·6% held by the ...
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Rail Business UKSiemens Mobility announces further UK investment at opening of Goole train factory
UK: Siemens Mobility announced new investment of up to £40m and the creation of up to a further 300 jobs when Secretary of State for Transport Louise Haigh and Mayor of London Sadiq Khan attended the official opening of its £200m Goole Rail Village on October ...
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Metro Report InternationalInvestor increases stake in Sydney light rail PPP concessionaire
AUSTRALIA: John Laing Group has agreed to acquire pension investor Aware Super’s 62·5% stake in Sydney light rail finance, design, build and operating PPP concessionaire ALTRAC. The deal is expected to complete by the end of Q4, taking John Laing’s stake from 32·5% to 95%. The ...
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NewsUber adds Spanish rail travel options
SPAIN: Building on a two-year collaboration in the UK, taxi booking platform Uber has begun using Omio’s API to provide its customers with access to rail travel options in Spain. ‘Our collaboration with Uber is a significant achievement for Omio as we join forces with leading ...
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Metro Report InternationalDelhi Metro and RITES seek metro opportunities
INDIA: Delhi Metro Rail Corp and Indian Railways’ consultancy business Rail India Technical & Economic Service are to jointly explore opportunities in the mass rapid transit sector in India and abroad. A memorandum of understanding was signed on June 13. DMRC said the partnership aims to ...
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NewsInvestor sees ‘genuine growth potential’ as DB completes sale of Arriva
EUROPE: The sale of Deutsche Bahn’s non-German public transport business Arriva to I Squared Capital has been completed, the companies announced on June 3. DB said it would now focus on rail transport within Germany, while I Squared said it sees opportunities to invest in decarbonisation. ...
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Metro Report InternationalDeutschland-Ticket fraud revealed
GERMANY: Widespread cases of fraud involving the purchase of the flat-fare Deutschland-Ticket have been uncovered. Verkehrsverbund Rhein-Main had reported a number of fraudulent transactions in March, but the problem has since become more common, with Dresdner Verkehrsbetriebe warning on May 22 that numerous cases of criminal ...
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NewsSNCF and RATP to sell majority stake in Systra
SYSTRA: French national railway SNCF and Paris transport operator RATP have entered into exclusive negotiations for the sale of a majority stake in transport engineering consultancy Systra to Latour Capital and Fimalac. Latour Capital is an independent French asset management company investing primarily in companies where ...
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Metro Report InternationalMilano transport operator targets French market
FRANCE: Executive Director Arrigo Giana tells Metro Report International about Milano transport operator ATM’s plans for international expansion.
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Metro Report InternationalMore payment options as NJ Transit ticketing contract renewed
USA: New Jersey’s NJ Transit has renewed Conduent Transportation’s contactless fare collection systems contract for a further five years. Under the previous contract Conduent implemented Tap & Ride payment enabling bus and light rail passengers to use contactless credit and debit cards. Under the latest contract ...
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Metro Report InternationalChennai Metro tickets on sale through e-commerce system
INDIA: Chennai Metro Rail Ltd says it is the first Indian metro to enable its tickets to be sold using Open Network for Digital Commerce standards. ‘By partnering with ONDC, CMRL is now completely opening up access to its ticketing application service, allowing a wide range ...
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In depthMarket Analysis: Driverless metro market set to surge
A projected boom in fully automated metro projects over the next decade offers valuable business opportunities, believes management consultancy Roland Berger.
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Metro Report InternationalFuture Mobility Taskforce launched
EUROPE: Private transport technology companies have formed a Future Mobility Taskforce which aims to inform EU policymakers about innovation and start-ups in the sector. The taskforce was launched when 16 CEOs and founders met Commissioner for Transport Adina Vălean in Brussels during January. Train and coach ...
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Metro Report InternationalTokyo Metro privatisation could begin this year
JAPAN: Tokyo Metropolitan Government is likely to begin selling off its shares in Tokyo Metro in the 2024 financial year, Governor Yuriko Koike said on January 26. The current Tokyo Metro company was founded on April 1 2004 as part of Prime Minister Junichiro Koizumi’s policy ...
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Metro Report InternationalChicago Transit Authority seeks to help small companies win business
USA: Chicago Transit Authority has opened applications for its nine-week Small Business Educational Series, which aims to help local small and disadvantaged businesses participate in its contracts. Industry leaders will teach participants how to procure business opportunities, manage projects, protect against risk, run payroll correctly, create ...
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Metro Report InternationalChicago Transit Authority to launch Innovation Studio
USA: Chicago Transit Authority is to launch an Innovation Studio which will solicit ideas for improving the customer experience, enhancing operations and addressing safety and security challenges. CTA will release several ‘problem statements’ based on feedback from employees and customers that identify specific challenges. Companies will ...
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Metro Report InternationalJourney planning collaboration
INTERNATIONAL: Ticketing and passenger information technology company UrbanThings and white label journey planner developer SkedGo have formed a strategic partnership to combine their platforms to deliver preference-based journey planning. ‘Working with SkedGo will supercharge our journey planning offering’, said Guy Sutherland, Head ...
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Metro Report InternationalChicago transport chatbot under development
USA: Chicago Transit Authority is working with Google Public Sector to develop a virtual assistant to go live on the transport agency’s website in early 2024. Chat with CTA is intended to provide simple, one-step-away support which can resolve many questions and concerns within minutes. CTA ...
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Metro Report International‘Large and complex’ urban rail schemes at heart of RATP Dev strategic plan
INTERNATIONAL: Contract operating specialist RATP Dev has unveiled a revamped business strategy.
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Metro Report InternationalTaipei metro ticketing enhancements
TAIWAN: Taipei Rapid Transit Corp has appointed Thales and local partner MiTAC Information Technology Corp to upgrade the metro’s fare collection systems to accept multiple electronic payment options at the ticket gates at 120 stations. The project announced by Thales on November 16 supports the ...