Mermec has secured a ten-year contract with a five-year extension option from the Finnish Transport Agency to provide measurement and inspection systems for a 5,960km railway line beginning 2019.

Mermec will develop the bi-modal, diesel-electric measuring train over the next two years.

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Mitsui Rail Capital Europe has ordered 10 an addition of Vectron-type multi-system locomotives from Siemens, increasing its Vectron fleet to 66.

The new locomotives will be employed in cross-border operations between three European countries.

Summa Group and Hyperloop One have signed a memorandum of understanding for the construction of a Hyperloop system in Russia.

A feasibility study will be carried out to identify a route connecting Moscow’s current transportation grid.

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