All Urban transport business articles – Page 14
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Metro Report InternationalKapsch acquires majority stake in Fluidtime
AUSTRIA: Kapsch TrafficCom has acquired a 75% stake in Fluidtime Data Services. Announcing the acquisition on January 12, Kapsch said that it strengthens its position in the emerging mobility-as-a-service sector. Fluidtime develops apps for multimodal urban transport. Incorporating real-time travel information from a number of sources, the apps allow ...
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NewsUijeongbu light metro operator files for bankruptcy
SOUTH KOREA: Uijeongbu LRT Co filed for bankruptcy at the Seoul Central District Court on January 11. The operator of the light metro line in the city of 500 000 inhabitants 20 km north of Seoul had debts of more than 240bn won at the end of 2016. When ...
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Metro Report InternationalIran develops domestic metro supply industry
IRAN: Significant steps have been taken towards establishing a domestic urban rail supply chain, Tehran Urban & Suburban Railway Operation Co’s Chief Executive Dr Ahmadi Bafandeh told the inaugural conference of the Iranian metro supply industry. The event held in the capital during December attracted representatives from ...
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NewsComprehensive mobility cuts the mustard
FRANCE: A new operations contract for the Divia public transport network in Greater Dijon came into effect on January 1, with an expanded scope. In addition to managing the bus and tram networks, Keolis will be responsible for cycle hire and car parking. Keolis says that this ‘comprehensive mobility approach’ ...
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Metro Report InternationalKPMG predicts better use of information and more M&A activity in 2017
The changing market means business as usual will not be an option for UK transport and logistics operators in 2017, according to James Stamp, UK Head of Transport at KPMG. The international professional service group predicts that the UK market will be affected by a number of factors this year.
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NewsFS buys stake in Milano metro concessionaire
ITALY: State railway group FS is to acquire its first stake in a metro line, with the signing of an agreement to purchase a 36·7% holding in Milano metro Line 5 concessionaire Metro 5 SpA from Astaldi for €64·5m. Astaldi will retain a 2% stake. FS Chief Executive Renato Mazzoncini ...
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NewsMelbourne High Capacity Metro Trains contract close
AUSTRALIA: Infrastructure investor Plenary Group announced on November 22 that it had reached contractual close on the Victorian government’s A$2bn High Capacity Metro Trains project. The PPP contract will see the Evolution Rail consortium of investor Plenary, design and technology lead CRRC Changchun Railway Vehicles and delivery and maintenance lead ...
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NewsThales to sell ticketing business
FRANCE: On November 18 Thales announced that it had entered into exclusive negotiations with private equity firm Latour Capital with a view to divesting its transport ticketing, revenue collection, road toll and car park management business. The proposed transaction would not involve Thales’ railway signalling and control activities. The ticketing ...
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Metro Report InternationalSamsung C&T pulls out of Seoul light rail project
SOUTH KOREA: Samsung C&T has pulled out of a project to build a light rail line to connect the Wirye New Town residential area of southeast Seoul with the Sinsa-dong business area of Gangnam District. The company told Metro Report International that it had decided to withdraw owing to ‘a ...
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NewsBombardier opens Wrocław production hall
POLAND: Bombardier Transportation inaugurated a 20 000 m2 high speed train car body production and painting hall at its Wrocław plant on November 3. The hall has ‘unique’ 3D laser welding technology which will be used to produce car bodies for Deutsche Bahn’s ICE4 fleet. Bombardier said ...
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Metro Report InternationalTowards the Metro of the Future
RGTV: Automation, costs and reliability will be touchstones of metro development over the next 15 to 20 years, according to the panellists convened by the Railway Gazette Group for our latest interactive live debate.Entitled ‘The Metro of the Future’, the debate addressed a number of topics that ...
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Metro Report InternationalMTR Corp issues first green bond
CHINA: MTR Corp has issued its first green bond. Eligible investments for green bonds include works relating to low-carbon transport, energy efficiency, sustainability, climate change, conservation, water management, pollution prevention and noise reduction. ‘As a low-carbon transport operator, we are pleased with the issuance of our first green bond which ...
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NewsGranada light rail operator selected
SPAIN: The Andalucía regional government has selected the Avanza Metro de Granada joint venture as preferred bidder for the contract to operate the city’s 15⋅9 km light rail route. As well as Spanish public transport operator Avanza, the joint venture comprises Tuzsa, operator of the bus and light rail networks ...
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Metro Report InternationalLiège tram prequalification restarts
BELGIUM: Three consortia have submitted bids to prequalify for a revised design-build-finance-maintain concession to build the planned 12·5 km tram route in Liège. The three proposals opened on October 12 were submitted by: Alstom with BAM PPP PGGM;CAF, Colas and DIF; Škoda Transportation with Vinci, CFE and Meridam. Société Régionale ...
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Metro Report InternationalSingapore LTA signs transport research agreements
SINGAPORE: Two agreements on transport research projects were signed by Land Transport Authority and Nanyang Technological University at the Singapore International Transport Congress & Exhibition on October 19. One agreement covers real-time condition monitoring for the traction power supply on the metro network. Under the other, NTU’s Energy Research Institute ...
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Metro Report InternationalBYD enters urban rail market
CHINA: Bus, car and battery manufacturer BYD unveiled its first monorail at a 4·4 km test track at its headquarters in Shenzhen on October 13. SkyRail is the result of a five-year 5bn yuan R&D project and is aimed at small and medium sized cities, as well as tourist ...
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Metro Report InternationalKeolis takes share in Masabi
MASABI: International transport operator Keolis has taken a share in mobile ticketing provider Masabi as part of an investment made with MasterCard, Lepe Partners and existing shareholder MMC Ventures. The combined investment from the four companies amounts to US$12m. Earlier this year Masabi formed partnerships with both Keolis and ...
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Metro Report InternationalScomi and Škoda Transportation sign partnership
INTERNATIONAL: Czech company Škoda Transportation and Malaysian monorail and bus supplier Scomi Engineering have signed an agreement to collaborate in the development of mass rapid transit and light rail vehicles. ‘This collaboration by both parties will enable Scomi to participate in a wider range of transport projects’, said Kanesan ...