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Economy. Filter by tags

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Relocation of production to Mexico significantly improved the FreightCar America business
Relocation of production to Mexico significantly improved the FreightCar America business

Mexico: The railcar producer has completed a shift of production from the US to Mexico, that resulted in significant cost savings as production level rises. Now Freight Car America continues to scale up new production.

31 March 2022
Stadler Rail moves part of production from Belarus to Poland and Switzerland
Stadler Rail moves part of production from Belarus to Poland and Switzerland

Belarus: The manufacturer notes that this is a forced measure, as the site will face a shortage of electronic and electrical products due to EU sanctions against Belarus amid the situation in Ukraine.

25 March 2022
Less profit for Transmashholding in 2021
Less profit for Transmashholding in 2021

Russia: The largest rolling stock manufacturer in Russia has published its 2021 financials. Amid negative economic effects caused by the coronavirus pandemic and inflation, the holding managed to end the year with a profit.

21 March 2022
Siemens Mobility expands 3D printing of metal and plastic components
Siemens Mobility expands 3D printing of metal and plastic components

Germany: The company's strategy is aimed at the development of additive manufacturing to provide spare parts for repair depots in all countries. Since 2013, Siemens Mobility has already produced over 13,000 parts by 3D printing.

11 March 2022
US concerned about import dependency on railway wheels
US concerned about import dependency on railway wheels

USA: Logistical problems with imports from China and a sharp deterioration in relations between Russia and the United States amid events in Ukraine put the supply of wheels to American car builders at risk.

9 March 2022
CAF rail orders doubled in 2021
CAF rail orders doubled in 2021

Spain: At the end of 2021, the volume of new CAF orders in this segment amounted to €3 bln, compared to €1.4 bln in the previous year. A significant part of it was a large-scale order on trains for suburban transportation in Paris.

2 March 2022
Jan Harder: “Buy local” or the lessons learnt by the suppliers of the rail industry
Jan Harder: “Buy local” or the lessons learnt by the suppliers of the rail industry

After decades of globalisation in the rail industry supply chain organisations faced with the major challenge in the last two years, writes Jan Harder, Industry Expert and Strategy Consultant.

16 February 2022
Talgo receives green R&D&i loan from EIB
Talgo receives green R&D&i loan from EIB

Spain: A €35 mln loan from the European Investment Bank (EIB) will be used for innovative projects that the manufacturer plans to implement in the country in 2021-2024.

8 February 2022
Equipping trams with supercapacitors can increase the energy efficiency of the Russian economy
Equipping trams with supercapacitors can increase the energy efficiency of the Russian economy

Russia: Mikhail Lifshitz, General Designer and Chairman of the ROTEC Board of Directors, presented estimates of the economic effect from the introduction of supercapacitors on the entire fleet of trams operated in the country.

25 January 2022
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