THE PCM Group, India, has acquired Rail.One, Germany, bringing to an end the latter's search for a strategic investor.
CRM-Vossloh Track Maintenance, a joint venture between Vossloh Rail Services and CRM, China, has secured a contract with the operator of the Beijing - Shanghai high-speed line to provide its High Speed Grinding (HSG) service.
ANSALDOBREDA and Chongqing Chuanyi Automation (SICC) have established a joint venture based in Chongqing, China, that will produce and develop electric traction systems, auxiliary services and train monitoring control systems for metro trains.
RUSSIAN car builder Uralvagonzavod (UVZ) and its partner Bombardier have today unveiled at the Hannover Fair models of a new metro train and a new LRV which they are developing jointly for Russia.
RUSSIAN Railways (RZD) has signed a memorandum of understanding for the supply of 350 four-axle electric locomotives with Siemens and its Russian joint venture partner Sinara.
SIEMENS has awarded Bombardier a €336m contract to supply bodyshells and bogies for a batch of 170 ICx high-speed coaches ordered by German Rail (DB) under a framework agreement with Siemens.
THE Bases Conversion and Development Authority (BCDA), an office of the president of the Philippines, has given the go-ahead to Japan to conduct a full feasibility study of a proposed 12.6km elevated monorail line in Manila.
TRANSNET Freight Rail, South Africa, is set to sign an agreement with Botswana in the next month to enable it carry the country's first coal exports on the line from Morupule Colliery near Palapye to Durban.
EXPRESSIONS of interest from between three and five bidders are being sought by Transport Scotland for a new 15-year franchise to operate overnight sleeper services between Scottish cities and London.
TESTING has begun in Barcelona of the first Alstom Metropolis train for Panama metro Line 1, which is due to open next year.