Hitachi Secures Final Approval for $1.8B Thales Acquisition
Hitachi Rail will divest its mainline signaling businesses in France, Germany and Britain.
Author: David Burroughs
Siemens Unveils Mireo Plus B Battery Train
IRJ at InnoTrans 2022: The trains will be delivered between June and December 2023.
RSI, UNIFE, CARS Sign Cooperation MoU
IRJ at InnoTrans 2022: The agreement will promote cooperation between the North American and European associations.
Siemens Mobility to Purchase Sqills for $651MM
Siemens Mobility has announced it is acquiring Dutch cloud-based inventory management, reservation and ticketing software provider Sqills for €550 million (US$650.89 million) plus an earn out.
EllisDon, AECOM Propose C$9B Edmonton-Calgary High Speed Line
The proposal will compete with a planned hyperloop line between the cities.
Three JVs Shortlisted for BART Silicon Valley Phase 2 Tunneling Contract
The Santa Clara Valley Transportation Authority (VTA) has shortlisted three joint ventures to undertake the estimated $2 billion tunnel and trackwork contract for the Bay Area Rapid Transit (BART) Silicon Valley Phase 2 (BSV2) extension project.
Virgin Sues Brightline Over Branding Contract
Virgin Enterprises, Britain, has launched legal proceedings against U.S. private passenger rail operator Brightline to recoup $ 251.3 million it says it is owed after Brightline pulled out of a 20-year deal to use the Virgin brand.
Alstom Completes Bombardier Transportation Takeover
Alstom has completed its $6.68 billion (€5.5 billion) acquisition of Bombardier Transportation, cementing its position as the second largest rail manufacturer in the world after CRRC.
Salcef Acquires Majority of Delta Railroad Construction
A subsidiary of Italy-based Salcef Group has acquired 90% of the share capital of U.S.-based railway construction and maintenance company Delta Railroad Construction.
EC Approves Alstom’s Bombardier Transportation Acquisition
The European Commission (EC) has approved Alstom’s bid to take over rival Bombardier Transportation, a move which will create the second largest manufacturer in the rail sector behind CRRC.