RAILWAY AGE, MAY 2023 ISSUE: Experts say the global rail market could exceed $13 billion in 10 years.
Capital Metro (CapMetro) of Austin, Tex., names Dottie Watkins President and CEO. Also, Denton County (Tex.) Transportation Authority (DCTA) appoints four new executives, Maurice Bell, Sherrelle Evans-Jones, Bracey Goodwin IV and David Magaña; and Hitachi, Ltd. elevates Andrew Barr to Vice President and Executive Officer in charge of Regional Strategies (EMEA), and President of Hitachi Europe Ltd., and Giuseppe Marino to Group CEO of Hitachi Rail, a global supplier of rolling stock, signaling, service and maintenance, digital technology and turnkey systems.
The review by Britain’s Competition and Markets Authority has pushed back completion of Hitachi’s acquisition of Thales’ signaling division from March-April 2023.
In lieu of extending a track and systems procurement again, the California High-Speed Rail Authority (CHSRA) has abandoned two existing bids and will restructure and re-bid the project.
Hitachi Rail on Oct. 18 released the final designs for its $70 million railcar manufacturing plant and test track in Washington County, Md. First on the production line when complete in early 2024: an 8000-series rapid transit car fleet for Washington Metropolitan Area Transit Authority (WMATA).
Belden and Cylus are teaming on a rail cybersecurity platform for rolling stock and signaling systems. Also, Cummins’ Tier 4 QSK95 engine can now be used with renewable diesel; and Hitachi Energy is offering a new oil-free traction transformer with integrated cooling system.
Hitachi Rail is launching four communications and signaling products and services at this week’s Railway Systems Suppliers, Inc. exhibition in Indianapolis, Ind.
Japan’s Hitachi Group has reached an agreement with Paul Singer-led hedge fund Elliott to purchase the investment group’s 31.8% stake in Italy’s Ansaldo STS for €807.8 million ($919.7 million), or $14.46 per share—another step in its desire to own 100% of the company founded by George Westinghouse as Union Switch & Signal in 1881.