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…
05 Jan 2021
Patriot Rail Company to acquire US short line operator SLGW
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…
01 Dec 2020
CSX to acquire regional railroad system Pan Am Railways
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…
29 Oct 2020
Patriot Rail signs deal to acquire short line operator SLGW
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…
26 Oct 2020
Knorr-Bremse acquires additional stake in Rail Vision
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…
21 Oct 2020
Motherson Sumi Systems to acquire EWIS activities of Bombardier
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…
14 Oct 2020
Rail Vision secures additional investment from Knorr-Bremse
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.…