Bombardier Transportation said Monday it has signed a framework agreement with Siemens AG to become a partner to develop and supply important components of up to 300 ICx high speed trains for Germany’s Deutsche Bahn (DB). Bombardier said the first call-off for 130 trains is worth an estimated 1.3 billion euros, or $1.8 billion, to Bombardier. DB is planning to place an additional call-off with Siemens for a further 90 trains. The combined order volume of 220 trains would be worth approximately $3 billion to Bombardier. The framework agreement between Siemens and DB AG also includes an option for up to 80 additional trains that could be ordered at any time until the year 2030. Together with Bombardier, Siemens has developed a flexible vehicle concept which allows the ICx to be adapted to the individual requirements of various transport situations. Bombardier will supply Siemens with, among other components, all the body shells as well as trailer bogies of the new ICx fleet. Bombardier also will carry out the final assembly of all end coaches and of some intermediate coaches.
Stéphane Rambaud-Measson, president of the Passengers division of Bombardier Transportation, said, “We are proud to have received the order from Siemens to contribute significantly to the design and production for the ICx project. The technical solutions developed and produced by Bombardier will make a significant contribution to this key Deutsche Bahn project. The ICx will have a decisive influence on the future of long-distance travel in Germany and will be a showcase project.” Oliver Schmidt, vice president, Sales North, of the Passengers division, said, “We are delighted to be playing a decisive role in a big project in our home market here in Germany. We will be developing and producing key technological aspects of the ICx project from our sites in Görlitz, Hennigsdorf, and Siegen. This includes the aerodynamics, the innovative body shell and the Bombardier FLEXX Eco bogie. With these items, we’re contributing massively to the cost-effectiveness of the trains and to the comfort of the passengers.”
The steel body shells for the new high speed trains are optimised in terms of aerodynamics and weight, enabling significant reductions in energy consumption. They are being developed in the Bombardier factory in Hennigsdorf and are being manufactured in Görlitz. Project management takes place at both sites. Hennigsdorf is responsible for the final assembly of all ICx end coaches. Bombardier said it will also carry out the final assembly of one intermediate coach per train at this site. The FLEXX Eco trailer bogies reduce vehicle weight, energy consumption and noise emission. They are being supplied from the Bombardier site in Siegen. The production of the ICx will start in the summer of 2013.
Bombardier Transportation said Monday its technology offerings are helping India’s Delhi Metro Rail Corp. (DMRC) to become the first railway project in the world to receive valuable carbon credits for regenerative braking.
The company’s MOVIA metro trains used by the Delhi Metro incorporate the Bombardier MITRAC propulsion system and regenerative braking, which can generate up to 30% in energy savings. This environmental technology has contributed to Delhi Metro earning more the equivalent of $446,000, or 308,000 euros, under a United Nations-backed initiative to combat climate change. Within the United Nations Clean Development Mechanism (CDM), the Delhi Metro Rail Corporation has claimed Certified Emission Reductions (CERs) – normally referred to as carbon credits. The CDM enables emission-reduction projects to earn carbon credits, each equivalent to one tonne of CO2. These carbon credits can then be traded and sold, thereby stimulating sustainable development and emission reductions.Through the sale of carbon credits over two years as part of the scheme, Delhi Metro has received the cumulative remuneration of 20 million Indian rupees. The initiative has also led Delhi Metro to become the first railway project based on regenerative braking to be registered by the United Nations Framework Convention on Climate Change. Anuj Daihal, chief public relations officer of DMRC, said: “We are extremely proud of our achievement in improving the energy efficiency of our metro system and becoming the first railway project to benefit from this important U.N. initiative relating to climate change. Bombardier Transportation has supported us by supplying modern, highly energy-efficient trains, which are also greatly appreciated by the travelling public for their comfort and convenience.” He added: “The money earned from the sale of carbon credits will be used to offset the investment and operation costs in the implementation of our extensive network development, as well as furthering our efforts in combating climate change.” Bombardier Transportation is supplying 538 MOVIA metro cars to Delhi Metro, with more than 410 already in revenue service.
Canadian National customers continue to reap benefits from the railroad's system-wide productivity push. Scheduled potash rains provide the latest evidence.
Sen. Frank Lautenberg (D-N.J.) and Rep. Jim McGovern (D-Mass.) have introduced House and Senate versions of the Safe Highways and Infrastructure Preservation Act, which would freeze national truck size and weight limits on the interstate highway system. Rep. Frank Wolf (R-V.A.) is the lead co-sponsor of H.R. 1574.
CSX Corp., a Wall Street favorite because of its high earnings and low operating ratio, announced moves today that are likely to strengthen its appeal to investors. CSX announced that its directors have approved a 3-for-1 stock split, a 38% increase in the quarterly dividend on its common stock, and a $2 billion share buyback program.
Following L.B. Foster’s acquisition of Portec Rail Products, Inc. in mid-December, 2010, the company has formed “a new business team focused on enhancing its global leadership position in wheel/rail interface solutions,” L.B. Foster said today. The new organization is named L.B. Foster Friction Management.
U.S. freight carload traffic moved up 0.3% during the week ending June 11, measured against the comparable week one year ago, the Association of American Railroads reported Thursday. U.S. intermodal volume for the week advanced 6.4% from the same week in 2010.