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Economy. Filter by tags

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Alstom 15
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US Treasury and State Department include Russian rolling stock manufacturers in new sanctions lists
US Treasury and State Department include Russian rolling stock manufacturers in new sanctions lists

US: These companies are Metrowagonmash (part of TMH) and Uraltransmash (part of Rostec).

24 May 2023
UK scientists assess potential for using ammonia in locomotives
UK scientists assess potential for using ammonia in locomotives

UK: The University of Birmingham made a feasibility study on the use of ammonia fuel cells in mainline freight locomotives compared to diesel and hydrogen vehicles.

5 May 2023
Fierce debate over introduction of digital automatic couplers in Europe
Fierce debate over introduction of digital automatic couplers in Europe

EU: Europe's Rail has updated its estimates of the potential costs of the DAC introduction on freight cars. The estimates and the initiative itself have attracted criticism by ZNPK, an association of minor operators from Poland.

4 May 2023
California intends to limit the use of diesel locomotives
California intends to limit the use of diesel locomotives

USA: California Air Resources Board has approved a rule that will ban diesel locomotives more than 23 years old from operating in the state from 2030 whereas new incoming locomotives will be emission-free.

3 May 2023
RZD asks court to charge Siemens 29.6 mln RUR (€330,000) daily more
RZD asks court to charge Siemens 29.6 mln RUR (€330,000) daily more

Russia: The national railway operator filed an application to the Commercial Court of Moscow. The session is scheduled for 22 May.

28 April 2023
CAF breaks into top division of global rolling stock market
CAF breaks into top division of global rolling stock market

After having reported a spike in demand for its products and services amid challenges of the economic environment, the company has received the first orders for its France-based plant acquired from Alstom.

18 April 2023
Australia ponders harmonising its rolling stock procurement policy
Australia ponders harmonising its rolling stock procurement policy

Australia: ARA has published an estimate of the total loss to regional budgets due to the lack of harmonisation in the procurement of rolling stock between 2014 and 2023. The government is setting up the relevant bodies.

16 April 2023
Multiple units bring much less revenue to CRRC
Multiple units bring much less revenue to CRRC

China: According to the producer’s annual report, revenues from the segment fell by almost 30% in 2022 compared to CNY 41 bln ($6.4 bln) in 2021.

11 April 2023
Commercial Court: Siemens Mobility must deliver remaining 9 high-speed trains to RZD
Commercial Court: Siemens Mobility must deliver remaining 9 high-speed trains to RZD

Russia: The court resolves the German manufacturer's allegation that it cannot satisfy the contract with RZD contradicts its terms and conditions and the European Commission's clarifications.

7 March 2023
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