Alstom was competing against a CAF-led consortium for the contract.
Author: David Briginshaw
The contract could be worth $2.2 billion if all options are exercised.
International Railway Journal (IRJ, part of the Simmons-Boardman Publishing Rail Group with Railway Age and Railway Track & Structures) has launched a new all-in-one digital subscription that gives users unlimited access to the IRJ website, a new Premium News weekly newsletter exclusive to digital subscribers, the digital edition of IRJ magazine, plus access to podcasts and webinars.
The New York Metroplitan Transportation Authority’s loss is Transport for London’s (TfL’s) gain. On May 27, London Mayor Sadiq Khan and the TfL Board named Byford as London’s Transport Commissioner.
The first of 28 new Acela Express high-speed trainsets that Alstom is building for Amtrak in Hornell, N.Y., departed for the Federal Railroad Administration facility in Pueblo, Colo., for high-speed testing on Feb. 17.
Alstom has signed a memorandum of understanding (MOU) with Bombardier and pension fund Caisse de Dépôt et Placement du Québec (CDPQ) to acquire Bombardier Transportation, ending weeks of speculation about a proposed tie up between the two railway equipment manufacturers.
The New York Metropolitan Transportation Authority (MTA) on Sept. 16 released a proposed $51.5 billion 2020-2024 capital investment plan it describes as “by far the highest in the MTA’s history, increasing spending on infrastructure by 70% over current levels.” MTA plans to invest more than $40 billion in New York City Transit subways and buses as well as make major investments in the Long Island Rail Road and Metro-North commuter rail networks.
French National Railways (SNCF) says that traffic on its high-speed services grew by 14% between January and April this year compared with the same period in 2018 when SNCF was suffering from strikes. The growth equates to additional 4.5 million travelers.
Rio Tinto announced Dec. 28, 2018 that it successfully completed its $940 million AutoHaul project to automate the operation of its 1,700-km (1,054-mile) heavy-haul rail network in the Pilbara region of Western Australia, which it says is now the “world’s largest robot and first automated heavy-haul, long-distance rail network.”
Among the Europe-based rail industry suppliers, the big are going to get bigger, it’s just going to take a little longer than expected.