Iran’s Esfahan Steel signs agreement to export rail tracks to Afghanistan
The Iranian Steel Producers Association (ISPA) has announced that Esfahan Steel Company (ESCO) has signed a $4.332m deal to export…
The Iranian Steel Producers Association (ISPA) has announced that Esfahan Steel Company (ESCO) has signed a $4.332m deal to export…
US-based Patriot Rail Company has enhanced its portfolio with the addition of Salt Lake Garfield & Western Railway (SLGW), a short line operator in Utah. The company has finalised the…
CSX has signed a definitive agreement to acquire Pan Am Railways, a US-based regional railroad system. The financial details of the agreement were not disclosed. Headquartered in Massachusetts, Pan Am…
Patriot Rail Company in the US has signed an agreement to acquire short line operator Salt Lake Garfield & Western Railway (SLGW). The financial terms of the acquisition were not…
Braking systems manufacturer Knorr-Bremse has bought an additional 19.8% stake in Israeli start-up Rail Vision in a $10m deal. Following the acquisition, Knorr-Bremse now owns a 36.8% stake in Rail…
Motherson Sumi Systems (MSSL) has signed an agreement to acquire Bombardier Transportation’s Electrical Wiring Interconnection Systems (EWIS) activities. The EWIS activities are carried out at the company’s manufacturing site in…
Rail Vision, an affiliate of Foresight Autonomous Holdings, has secured additional investment from German company Knorr-Bremse. The Foresight-affiliate signed an agreement with Knorr-Bremse Systeme für Schienenfahrzeuge to secure $10m funding.…