All Urban transport business articles
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NewsAgreement secures future of Stadler’s Berlin plant
GERMANY: Stadler says the future of its Berlin plant has been secured through a collective labour agreement between management, employees and trade union IG Metall.
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Metro Report InternationalTram manufacturer plans restructuring
GERMANY: A court has approved tram manufacturer HeiterBlick’s application for ‘self-administration’ as part of plan to restructure and regain its competitiveness.
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Metro Report InternationalSingapore Rail Test Centre completed
SINGAPORE: The second phase of the Singapore Rail Test Centre been completed, offering facilities for train commissioning and the comprehensive testing of signalling, telecoms, power, control and other systems under realistic local conditions.
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NewsStadler profits hit by ‘environmental disasters’
INTERNATIONAL: Rolling stock and signalling supplier Stadler Rail has cited ‘environmental disasters’ as the main reason behind a fall in its profit margin. The Swiss-headquartered group issued its annual financial results on March 19, reporting a drop in EBIT margin of two percentage points to 3·1%. ...
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NewsPolish-Korean railway technology partnership
INTERNATIONAL: The Rail-Mil Computers subsidiary of Poland’s Kombud Group and South Korean company STraffic have formed a strategic partnership to supply control systems for railways and metro lines. ‘STraffic has successfully completed major infrastructure projects in 13 countries worldwide, accumulating vast experience and a diverse product ...
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Metro Report InternationalVery light rail and pop-up metro partnership
INTERNATIONAL: US-based international railway investor Railroad Development Corp and British lightweight rolling stock developer TDI Greenway are to join forces in the emerging very light rail and ‘pop-up metro’ sectors.
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Metro Report InternationalIran begins series production of domestic metro trains
IRAN: Tehran Wagon Manufacturing Co has received approval for series production of metro trainsets with 85% domestic content. This follows 1½ years of testing of a prototype seven-car set developed under the National Train project which was launched in 2019 to increase the level of localisation ...
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Rail Business UKLondon Underground traction motor refurbishment capacity doubled
UK: Eriks UK & Ireland has completed a £1·2m refurbishment of its engineering workshop at Greenford in west London as a dedicated facility for servicing London Underground traction motors. This has more than doubled production capacity, and increased the workforce from 11 to 23 employees. Partnerships ...
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Metro Report InternationalHitachi Rail invests C$100m in next-generation CBTC
CANADA: Hitachi Rail is investing C$100m to develop the next generation of SelTrac Communication-Based Train Control signalling technology at its facility in Toronto.
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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 ...
