THE board of Chicago Transit Authority (CTA) voted on March 9 to award CSR Sifang America JV, a subsidiary of China's CRRC Corporation, a contract to supply up to 846 metro cars, which will be assembled at a purpose-built facility in the city.
THE world's largest train builder, China's CRRC Corporation, has posted a 6.85% increase in profit "attributable to the owner" and a 61.2% jump in overseas revenue for the six months up to June 30.
HONG KONG's MTR Corporation confirmed on July 22 that it has placed its largest-ever rolling stock order after signing a contract worth around $HK 6bn ($US 770m) with CRRC subsidiary CSR Qingdao Sifang for 93 eight-car trains.
CHINA Railway Investment Corporation (CRIC), the procurement arm of China Railway Corporation (CRC), published six tenders on July 17 for a total of 351 high-speed trains with an estimated combined value of around $US 10.6bn.
SHANGHAI Shentong Metro has awarded a Yuan 808m ($US 130m) turnkey contract to the CSR Puzhen Bombardier Transportation Systems joint venture for a new automated peoplemover. Bombardier's share of the contract is Yuan 89m.
THE merger of China's two rolling stock manufacturers, CNR and CSR, was finalised on June 1 to form CRRC Corporation Limited, the world's largest train builder.
THE merger between China's two largest train builders, CNR and CSR, has been approved by China's Securities Regulatory Commission and the Ministry of Commerce, and according to Xinhua the process could be completed by June.
THE merger of China's largest rolling stock manufacturers CNR and CSR has moved a step forward after the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) granted in-principle approval of plans to amalgamate the two companies.
THE total value of rail equipment exported from China surged by 22.6% to Yuan 26.77bn ($US 4.38bn) last year, according to statistics released this week by the General Administration of Customs (GAC).
CSR Qishyuan, China, has begun delivery of an order for 20 six-axle metre-gauge SDA3 diesel locomotives for State Railway of Thailand (SRT).
