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Alstom to supply 60 single level coach cars to the Connecticut Department of Transportation

WIL BALDWIN August 10, 2023

August 9, 2023 – Alstom (OTC: ALSMY)and the Connecticut Department of Transportation (CTDOT) confirmed an order for 60 single-level rail coach cars valued at approximately €285 million (approximately USD $315 million) with options to build an additional 313 cars,…

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Texas Central and Amtrak Seek to Explore High-Speed Rail Service Opportunities

WIL BALDWIN August 9, 2023

Washington, D.C. – Texas Central Partners (“Texas Central”) and Amtrak are seeking opportunities to advance planning and analysis work associated with the proposed Dallas-Houston 205-mph high-speed rail project to further determine its viability. Amtrak has cooperated…

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Swiss Trains between La Chaux-de-Fonds and St-Imier are running again

WIL BALDWIN August 8, 2023

Swiss Federal Railways (SBB) reports after the severe storms that hit the La Chaux-de-Fonds region on Monday, July 24, 2023, the repair work is still ongoing. Since Saturday morning, July 29, 2023, the trains between La…

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Data Finds Overwhelming Support for Passenger Rail in America

WIL BALDWIN August 7, 2023

WASHINGTON, District of Columbia – Amtrak published survey findings today that demonstrate strong support from American voters for continued passenger rail investments, including infrastructure renewal and service expansion. Conducted by the Mellman Group and commissioned…

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A.P. Moller – Maersk reports robust Q2 financial results in difficult market

WIL BALDWIN August 7, 2023

Copenhagen, Denmark – A.P. Moller – Maersk (OTC: AMKBY) reports a second quarter of 2023 ahead of expectations, while the ongoing market normalisation continued through the quarter leading to lower volumes and lower rates. Revenue stood…

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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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Akiem orders 15 locomotives from Siemens increasing fleet to 100 Vectrons

WIL BALDWIN July 31, 2023

Akiem, a leading European rolling stock leasing company, has ordered an additional 15 Siemens (OTC: SIEGY) Vectron AC and Vectron MS locomotives from Siemens Mobility. The order was placed as part of a framework agreement…

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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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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…