LA&L acquires controlling stake in Ontario Midland Railroad
The acquisition of OMID will allow LA&L to extend its ownership to four short-line railroads.
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ABB signs deal to buy Germany’s PowerTech Converter
The deal, whose value was not shared, is expected to help ABB expand market access for its Traction division.
Alstom acquires car body shell manufacturing assets in South Africa
The deal will help Alstom expand its manufacturing capabilities in South Africa.
DIF and Amber Infrastructure to buy Australia’s Rail First
Rail First provides leasing solutions for rolling stock such as locomotives besides intermodal and hopper wagons.
VLS buys US-based Safety Railway Service
The acquisition will allow VLS to extend its nationwide railcar services footprint from three to 12 locations.
Knorr-Bremse buys DSB Component Workshops for €50m
The acquired business and its 400 full-time employees will be part of Knorr-Bremse’s international RailServices setup.
SAIL to manufacture special rails for high-speed freight corridors
The firm’s new universal rail mill in Chhattisgarh will produce head-hardened rail.
Patriot Rail to acquire railroad holding firm Pioneer Lines
The deal will allow Patriot Rail to increase its short-line operations to 31 railroads from 16.