Deal News
SEPTA awards Alstom $718m contract
French-based rolling stock manufacturer Alstom has been contracted to deliver 130 complete low-floor electric streetcars worth approximately €667m ($718m) to the Southeastern…
RNE and Europe’s Rail Joint Undertaking sign MoU
The Memorandum of Understanding (MoU) between RailNetEurope (RNE) and Europe's Rail Joint Undertaking (EU-RAIL) was signed on 30 May 2023…
Wabtec to modernise locomotives for Hong Kong’s MTR
US-based Wabtec Corporation has signed a deal with MTR Corporation in Hong Kong to modernise 25 locomotives in their fleet. …
BMD acquires consultancy firm TUSP
Australia’s largest privately owned civil contractor, BMD, has acquired UK-based international consultancy company TUSP. Financial details of the agreement have…
Seatfrog secures £6m investment
Rail ticketing app Seatfrog has secured £6m in a growth funding round to accelerate its expansion in Europe. The UK-headquartered…
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Final regulatory nod secured for $31bn CP-KCS merger
The $31bn merger deal of Canadian Pacific Railway (CP) and Kansas City Southern (KCS) has received the green light from…
Knorr-Bremse buys rail services provider Westcode UK
Germany-based Knorr-Bremse has purchased Westcode UK from Unipart Rail to bolster its train system service business in the UK. Specifics…
GWR buys Vivarail’s battery train-linked assets
British train operating company Great Western Railway (GWR) has concluded the acquisition of multiple assets from battery and hybrid trains…
WiseTech buys rail tech firm Blume Global for $414m
Logistics software company WiseTech Global has struck a $414m deal to buy rail solutions provider Blume Global. The rail solutions…
ATASU, Skinest Rail buy next batch of wagons from Operail
Kazakhstan-based ATASU Group and Estonia's Skinest Rail have acquired the next batch of 807 rental wagons from Operail Leasing for…