
Hitachi Secures Final Approval for $1.8B Thales Acquisition
Hitachi Rail will divest its mainline signaling businesses in France, Germany and Britain.
Hitachi Rail will divest its mainline signaling businesses in France, Germany and Britain.
IRJ at InnoTrans 2022: The trains will be delivered between June and December 2023.
IRJ at InnoTrans 2022: The agreement will promote cooperation between the North American and European associations.
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.
The proposal will compete with a planned hyperloop line between the cities.
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 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 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.
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.
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.