Vossloh completes acquisition of Strabag’s rail milling business
German firm Vossloh has completed its previously announced acquisition of Strabag’s rail milling business following the fulfilment of all pending closing conditions.
NCTD in US completes PTC safety system implementation
North County Transit District (NCTD) has completed the federally-mandated Positive Train Control (PTC) safety system implementation.
Deals this week: CAF, Alstom, Bombardier Transportation
Spanish firm Construcciones y Auxiliar de Ferrocarriles (CAF) has secured a €400m ($456.12m) contract from Nederlandse Spoorwegen (NS), a railway operator based in the Netherlands, for the supply of additional passenger cars.
Malaysia may resume East Coast Rail Link project
Construction works on the suspended $20bn East Coast Rail Link project in Malaysia may resume, according to local reports.