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Mitsubishi Heavy Industries Achieves Significant First Quarter Increase in Orders and Profit

WIL BALDWIN August 6, 2023

Tokyo, Japan - Mitsubishi Heavy Industries (OTC: MHVYF) announced that order intake rose 75.1% year over year to 1.6 billion Yen in the quarter ended June 30, 2023. Revenue rose 12.9%, resulting in profit from…

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CSX and SMART-TD Partner to Deliver Enhanced Conductor Training

WIL BALDWIN July 31, 2023

Jacksonville, Florida, July 31, 2023 – CSX (NASDAQ: CSX) and the International Association of Sheet Metal, Air, Rail and Transportation Workers — Transportation Division (SMART-TD) announced they are partnering to extend CSX’s conductor training program to…

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Alstom and partners inaugurate first REM segment in Montreal Canada

WIL BALDWIN July 28, 2023

July 28, 2023 – The Groupe PMM consortium led by Alstom (OTC: ALSMY), Groupe des partenaires pour la mobilité des Montréalais, participated in the inauguration hosted by its customer, CDPQ Infra, of the first segment of…

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Alstom and RAILPOOL sign a contract for 50 Traxx Universal locomotives

WIL BALDWIN July 24, 2023

July 24, 2023 – Alstom (OTC: ALSMY), global leader in smart and sustainable mobility, and RAILPOOL, one of Europe’s leading rail vehicle leasing companies, have signed a contract for 50 Traxx Universal multi-purpose locomotives. The contract…

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Stadler wins a contract for green battery powered rail transport in Austria

WIL BALDWIN July 22, 2023

Austrian Federal Railways (OBB) has awarded Stadler (Swiss: SRAIL) a framework agreement for up to 120 battery- powered trains. The FLIRT Akku vehicles are designed to replace the current diesel fleet and will enable sustainable…

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Akiem & Alstom sign new framework agreement for 100 Traxx locomotives

WIL BALDWIN July 17, 2023

17 July 2023 – Alstom (OTC: ALSMY), global leader in smart and sustainable mobility, and Akiem European rolling stock leasing company have signed a framework contract for 100 Traxx Universal multi-system (MS3) locomotives. The firm part of the…

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CSX Corporation Declares Quarterly Dividend

WIL BALDWIN July 13, 2023

Jacksonville, Florida - July 12, 2023 – CSX Corporation (NASDAQ: CSX) announced that the Company’s Board of Directors approved a $0.11 per share quarterly dividend on the Company’s common stock. The dividend is payable on September…

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OBB orders another 35 new double-decker multiple units from Stadler

WIL BALDWIN July 10, 2023

Austrian Federal Railways (OBB) is once again ordering 35 new KISS double-decker multiple units from Stadler Rail AG (SWISS: SRIAF). In addition to 14 trains for long-distance services, Stadler is also supplying 21 KISS vehicles…

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Alstom delivers the first cars to the Tren Maya railway project

WIL BALDWIN July 10, 2023

July 10, 2023 – Alstom (OTC: ALSMY), global leader in smart and sustainable mobility, has completed the delivery of the first train of the Tren Maya project to the Federal Government and Fondo Nacional de…

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Talgo’s Intercity trains enter service in Egypt five months ahead of schedule

WIL BALDWIN July 8, 2023

Madrid, Spain, July 7th, 2023 - Egypt’s National Railway company (ENR) has recently confirmed the entry of the sixth and last Intercity trains into commercial operation for daytime services on the line that connects Alexandria…