UK Authority Delays Hitachi Rail’s Acquisition of Thales’s GTS Business Yurtdışı Haberleri by railsistem - Aralık 9, 20220 Hitachi Rail has provided an update on the schedule for its acquisition of Thales’s Ground Transportation Systems (GTS) business. GTS’ Operational Control Centre in Lisbon © Thales Hitachi Rail’s planned acquisition of Thales’s GTS business was initially announced in August 2021. The two companies have since been working to secure the required regulatory approvals
CHSRA to Restructure Track and Systems Procurement Due to Economic Challenges Yurtdışı Haberleri by railsistem - Ekim 27, 20220 The California High-Speed Rail Authority has announced it will let the current track and systems procurement expire in its current form and restructure it. It said that after careful consideration and in light of the current economic climate, supply-chain challenges and 40-year inflation, it believed it was not in the state’s
Canadian Pacific and Kansas City Southern Merger Proposal Receives Clearance Yurtdışı Haberleri by railsistem - Ağustos 17, 20220 Canadian Pacific Railway (CP) has received the required regulatory clearance from the US Committee on Foreign Investment (CFIUS) for the proposed combination of CP and Kansas City Southern (KCS). CP completed its acquisition of KCS on 14 December 2021. Canadian Pacific Kansas City will be the only single-line railway to link the
US: Patriot Rail to Acquire Pioneer Lines to Expand its Freight Network Yurtdışı Haberleri by railsistem - Ağustos 10, 20220 Patriot Rail Company LLC has entered into an agreement to acquire Pioneer Lines, which operates 15 short line railroads across 12 states in the US. This acquisition will support Patriot Rail’s growth strategy by increasing its operations to 31 railroads. It will also extend its business to new markets in Alabama,
VR Group Strengthens Position with Acquisition of Arriva Sverige Yurtdışı Haberleri by railsistem - Mart 25, 20220 VR Group has announced its acquisition of Arriva Sverige – currently part of the European passenger transport company Arriva Group that is owned by Deutsche Bahn (DB). With this acquisition, VR Group will become a significant transport operator in Sweden, as Arriva Sverige operates rail and bus services in southern and
Stadler to Take Over Signalling Expert BBR Group Yurtdışı Haberleri by railsistem - Aralık 21, 20210 Stadler is taking over German company BBR Verkehrstechnik GmbH (BBR) and its group companies in order to expand its signalling expertise. Stadler’s strategic goal is to become a stronger provider of modern signalling equipment and be driving force behind digitalising the rail industry. Last month, Stadler acquired Swiss company BÄR Bahnsicherung
Hitachi to Acquire Bombardier’s Contribution to the V300 ZEFIRO from Alstom Yurtdışı Haberleri by railsistem - Aralık 2, 20210 As part of the merger agreement between Alstom and Bombardier Transportation, which concluded in January, the European Commission required that certain assets would be divested to avoid competition concerns. Just last week Alstom announced it was divesting its Reichshoffen site as well as its Coradia Polyvalent and TALENT3 platforms to CAF. Bombardier-Hitachi
TSL-ESCHA Becomes New Member of MAFELEC TEAM Yurtdışı Haberleri by railsistem - Ekim 25, 20210 TSL-ESCHA Becomes New Member of MAFELEC TEAM MAFELEC TEAM, an owner-managed French group of companies, acquires TSL-ESCHA GmbH, based in Halver (North Rhine-Westphalia). The German company, founded in 1986, develops, manufactures and distributes door opening push buttons, LED signal lights, buzzers and indicator and display devices for public transportation. Within 35 years,
Kansas City Southern Board: New CP Proposal Not Superior to CN Bid Yurtdışı Haberleri by railsistem - Ağustos 13, 20210 Following Canadian Pacific’s recent increased offer for Kansas City Southern prior to the KCS shareholders’ vote on the proposed CN-KCS combination, the Kansas City Southern Board of Directors has unanimously declared Canadian Pacific’s new offer not superior, advising its shareholders to vote in favour of the CN-KCS combination on 19
Canadian Pacific Ups Its Offer to Kansas City Southern Yurtdışı Haberleri by railsistem - Ağustos 11, 20210 After Canadian National made a higher bid for Class 1 railroad Kansas City Southern (KCS) and KCS pulled out of its acquisition talks with Canadian Pacific, CP has upped its offer. The revised offer to acquire Kansas City Southern in a stock and cash transaction for a sum of around 31
Transport for Wales Signs Deal to Buy Pullman Rail Limited Yurtdışı Haberleri by railsistem - Ağustos 10, 20210 Transport for Wales (TfW) has signed an agreement with Colas Rail UK for the purchase of Pullman Rail. TfW, which was set up by the Welsh government as a not-for-profit organisation to implement its vision for an integrated transport network, has been carrying out a review of its depots and stabling
Sqills to Join Siemens Mobility Yurtdışı Haberleri by railsistem - Ağustos 6, 20210 Sqills to Join Siemens Mobility Siemens Mobility acquires Sqills, a leading Software as a Service (SaaS) provider for inventory management, reservation, and ticketing software Acquisition advances Siemens’ strategy to increase the availability, capacity, and utilisation of public transportation The partnership will be structured to ensure that the best-in-class aspects of Sqills’ approach are
Thales and Hitachi Rail Negotiate Sale of Ground Transportation Systems Business Yurtdışı Haberleri by railsistem - Ağustos 5, 20210 Thales and Hitachi Rail have announced they’re entering into exclusive negotiations regarding the sale of Thales’s Ground Transportation Systems Global Business Unit for 1,660m euros (1,965.89m USD). GTS’ Operational Control Centre in Lisbon © Thales Ground Transportation Systems (GTS) is a global leader in rail signalling and train control systems, telecommunications and supervision
Canadian Pacific Urges KSC Shareholders to Vote Against Proposed CN-KCS Merger Yurtdışı Haberleri by railsistem - Ağustos 2, 20210 It is not yet known what decision the Surface Transportation Board will make on CN’s request for a voting trust. Therefore, CP believes, KCS stockholders should hold off on voting on whether or not to approve the merger until this regulatory uncertainty is removed, since the decision would come with
CN and KCS Submit Financial Documentation for STB Approval of Voting Trust Yurtdışı Haberleri by railsistem - Haziran 16, 20210 Canadian National Railway (CN) and Kansas City Southern Railway (KCS) have jointly filed documents requested by the Surface Transportation Board (STB), which will enable the board to review the voting trust in connection with the definitive merger agreement between the two companies. Earlier in May, the Surface Transportation Board denied CN’s
KCS Calls CN Bid ‘Superior’ as the US DOJ Says CN-KCS Merger Poses Greater Risk to Competition Yurtdışı Haberleri by railsistem - Mayıs 17, 20210 A CP-KCS combination would create a new Class 1 railroad that would still be the smallest of the six, whereas a CN-KCS combination would leave Canadian Pacific significantly smaller than the new CN-KCS entity. The United States Department of Justice has now weighed in on these merger talks, stating that the
Canadian Pacific Files Formal Objection to Canadian National Merger Waiver Yurtdışı Haberleri by railsistem - Mayıs 5, 20210 Canadian Pacific (CP) has filed a formal objection with the Surface Transportation Board (STB) stating that Canadian National (CN) doesn’t qualify for a waiver of the STB’s rules for major transactions regarding its proposal for Kansas City Southern (KCS). In its letter, CP claims that the CN/KCS transaction doesn’t satisfy any
Alstom Acquires Helion Hydrogen Power and Flertex Yurtdışı Haberleri by railsistem - Nisan 6, 20210 Alstom has acquired Helion Hydrogen Power and Flertex to expand its expertise in hydrogen and braking systems respectively. Helion Hydrogen Power specialises in high-power fuel cells, while Flexert specialises in designing and manufacturing brake linings – the pads and shoes – for braking systems for rail as well as other industries. Helion
Hitachi Rail Completes Acquisition of Perpetuum Yurtdışı Haberleri by railsistem - Nisan 1, 20210 Hitachi Rail has completed its acquisition of digital technology company Perpetuum, which will give Hitachi a broader portfolio of maintenance services. As a result of this acquisition, Hitachi Rail has expanded its digital train maintenance portfolio, allowing the company to use data analytics to improve the safety, availability and reliability of
Canadian Pacific and Kansas City Southern Propose Merger Yurtdışı Haberleri by railsistem - Mart 24, 20210 Both Mr Creel and KCS President and CEO Patrick J. Ottensmeyer said hoped this transaction would help them improve fuel efficiency and lower emissions. Next Steps CP will next establish what it calls a ‘plain vanilla’ independent voting trust to acquire the KCS shares. Once shareholders agree the deal and the boards