Alstom says it will “take into account the consequences” of the operating and financial developments at Bombardier Transportation in forthcoming takeover discussions after the company reported an adjusted Ebit loss of $383 million in the second quarter of 2020.
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.
LILEE Systems has released its Next Generation Communications Management Unit solution, which aims to enable wireless communications security and interoperable key exchange for the ACSES II Positive Train Control (PTC) system, a form of PTC implemented by Northeast Corridor (NEC) railroads.
This Rail Group On Air Podcast is part of our series featuring members of the Commuter Rail Coalition. This edition features executives from the Metra (Chicago) leadership team: Executive Director and CEO
Following completion of the Federal Railroad Administration (FRA)’s requirement to perform 384 error-free test runs between Denville and Summit, NJ Transit has advanced its Positive Train Control (PTC) program into the Extended Revenue Service Demonstration (ERSD) phase.
Alstom has launched a new version of Mastria, its multimodal supervision and mobility orchestration solution, that uses artificial intelligence (AI) to provide operators and transport authorities with enhanced passenger flow management tools.
CN has announced that it will invest C$540 million (US$394.3 million) in its infrastructure in the provinces of Alberta and Quebec.
European Union (EU) antitrust regulators have set a deadline of July 16 for a decision on whether to approve Alstom’s bid for Bombardier Transportation.
Siemens Mobility reported resilient performance in the second quarter of fiscal 2020 in spite of the coronavirus pandemic, joint CEOs, Sabrina Soussan and Michael Peter, revealed in an online press briefing held June 15.
Virgin Trains USA (VTUSA), more commonly known under its original name, Brightline, has reached a $120 million agreement with Wabtec for the implementation of Positive Train Control.