All Urban transport business articles – Page 14
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Metro Report International
Singapore contactless ticketing pilot to begin in March
SINGAPORE: Land Transport Authority and Mastercard will launch an account-based fare payment pilot on March 20. This will allow passengers to use contactless credit and debit cards for fare payments on the metro and buses. LTA and Mastercard signed a partnership agreement for the pilot last year, and hope ...
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Metro Report International
London’s contactless payment goes global
CONTACTLESS: Cubic Transportation Systems ‘inevitably learned a lot about the processes of the payment industry’ through working with Transport for London on the roll-out of contactless payment, John Hill, Managing Director Europe, told Metro Report International at the Transport Ticketing Global 2017 conference, and such experience means deployment ‘becomes easier ...
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News
EBRD backs Bozankaya metro car manufacturing
TURKEY: The European Bank for Reconstruction & Development is providing bus and rail vehicle manufacturer Bozankaya with a €10m loan to finance expansion of production capacity at its Ankara plant including investment in an automated welding machine. This will support a contract for Bozankaya to act as a subcontractor to ...
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Metro Report International
Replacing paper tickets with mobile is 'only the start'
UK: Rambus Ecebs announced at the Smart Ticketing Global conference held in London last month that its Nevis Technologies joint venture with Strathclyde Partnership for Transport would be using the Glasgow Subway to pilot the company’s latest mobile ticketing product. Roll-out is expected to begin with selected users in mid-2017. ...
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Metro Report International
Alstom moves into smart mobility
MOBILITY: Alstom is investing €14m to buy a minority stake in EasyMile, a start-up that has developed an electric driverless shuttle. The two companies have also signed a commercial partnership agreement. Headquartered in Toulouse, EasyMile develops software for autonomous vehicles and other smart mobility technology. Described as shared driverless ...
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News
KeolisAmey to operate Manchester Metrolink
UK: Transport for Greater Manchester announced on January 18 that it had signed a contract with the KeolisAmey joint venture for up to 10 years of operation and maintenance of the Metrolink tram network. The contract will come into effect from July, when the existing operations contract with RATP ...
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Metro Report International
Kapsch 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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News
Uijeongbu 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 International
Iran 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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News
Comprehensive 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 International
KPMG 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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News
FS 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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News
Thales 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 International
Samsung 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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News
Bombardier 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 International
Towards 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 International
MTR 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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News
Granada 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 International
Liège 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 International
Singapore 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 ...