Telematics: Tell-All Tracking
RAILWAY AGE, MAY 2023 ISSUE: Experts say the global rail market could exceed $13 billion in 10 years.
RAILWAY AGE, MAY 2023 ISSUE: Experts say the global rail market could exceed $13 billion in 10 years.
Quebec City has selected Alstom as preferred bidder to design, build and maintain the fleet of low-floor LRVs for the city’s $C 3.9 million ($US 2.9 million) light rail project.
Cowen and Company examines whether Caterpillar, Inc. could explore strategic alternatives for its transportation business, or at least the rail piece. An enterprise value-to-revenue multiple of 2.5x-2.75x may not be unreasonable, putting the transportation business value at approximately $12 billion.
Severe winter conditions were blamed for Amtrak suspending a number of its long-distance and regional trains across the nation’s Northern Tier and Midwest during the Christmas holiday week. Then came West Coast cancellations in the wake of heavy rains and flooding during the first week of January.
Brightline opens two new stations in South Florida. Also, the Maryland Department of Transportation Maryland Transit Administration (MDOT MTA) celebrates completion of new MARC Riverside Heavy Maintenance Facility; and the Metropolitan Transit Authority of Harris County (Metro) in Houston debuts new generation of more accessible railcars.
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.
San Joaquin Regional Rail Commission has made the switch to 100% renewable diesel for locomotives operating in ACE (Altamont Corridor Express) commuter rail service in California. Also, New Jersey Transit (NJT) and Berkeley College have signed a three-year marketing agreement; and Société de transport de Montréal (STM) has released its 2023 budget and 2023-32 Capital Expenditures Program.
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.
![Harsco Rail COO Claus Heuschmid (left) says the company's "continued relarionship with the Saudi Arabia and Middle Eastern markets is a significant milestone for [Harsco]." (Historic photo to the right courtesy of SAR)](https://www.railwayage.com/wp-content/uploads/2022/09/download-3-315x168.jpeg)
Harsco Rail signs contract with Saudi Railway Company. Also, Transdev pledges to hire refugees through partnership with Tent; Alstom celebrates 70 years in Mexico; and Siemens launches new digital service portfolio for fire safety.
Siemens Mobility GmbH has ordered 14 fuel-cell modules from Ballard Power Systems to power a fleet of seven Mireo Plus H passenger trains.