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Indian Railways signs $6bn contracts with GE and Alstom for 1,800 locomotives

2015-12-01 01:00:00| Railway Technology

Indian Railways (IR) has signed two contracts with a combined value of around Rs400bn ($6bn) with US-based GE Transportation and French engineering firm Alstom for a total of 1,800 freight locomotives.

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At midday: TSX rises as railways, pipelines gain

2015-11-18 18:50:03| Railroads - Topix.net

Canada's main stock index rose on Wednesday, led by railway and pipeline stocks in a broad-based but relatively shallow recovery from Tuesday's slip. The most influential gainer on the index was Canadian Pacific Railway Ltd, which rose 5.9 per cent to $195.64 after the company made public a proposal to buy Norfolk Southern that it said could help it save $1.8-billion.

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Capacitive SENSORswitch Technology for High-Tech Railways

2015-11-17 15:29:00| Railway Technology

China Railways' 380-series high-speed trains rely on capacitive SENSORswitch technology from CAPTRON.

Tags: technology railways hightech capacitive

 

CP Railway's proposed takeover of Norfolk Southern would face scrutiny

2015-11-12 09:25:47| Railroads - Topix.net

Canadian Pacific Railway Ltd.'s reported plan to create the largest railway in North America with an offer for Norfolk Southern Corp. would face a lengthy review process that could pit the company against shippers unlikely to welcome less competition. CP's takeover of Virginia-based Norfolk Southern would form a railway with more than 33,000 miles of track that reach the key ports of Vancouver, New York and New Jersey, in addition to the oil patch and the refineries in the Eastern United States.

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Indian Railways orders $5.6bn worth of locomotives from GE and Alstom

2015-11-10 01:00:00| Railway Technology

Indian Railways has awarded two contracts worth $5.6bn to US-based General Electric (GE) and French engineering firm Alstom for new diesel and electric locomotives.

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