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CRRC to assemble locomotives and freight cars in Hungary
CRRC to assemble locomotives and freight cars in Hungary

Hungary: The global leader in the rolling stock market has signed respective agreements with Acemil, Hungary, as part of Xi Jinping’s visit to the country.

15 May 2024
Latest rolling stock procurements and supplies: Progress Rail, LTG Cargo, Electrotrans
Latest rolling stock procurements and supplies: Progress Rail, LTG Cargo, Electrotrans

Brief overview of key events and news in the rail rolling stock markets.

14 May 2024
Ukrainian TAS Group acquires controlling stake in JV TransANT
Ukrainian TAS Group acquires controlling stake in JV TransANT

Austria: The group increased its stake from 40% to 61.4%. Two other shareholders, Voestalpine, an Austrian steel producer, and RCG, a freight operator subsidiary of OBB, reduced their stakes to 31% and 7.6% respectively.

13 May 2024
Czech WALBO Group goes bankrupt
Czech WALBO Group goes bankrupt

Czech Republic: Railvolution, the Czech magazine, says insolvency proceedings are open with all four companies of the group.

8 May 2024
Latest rolling stock procurements and supplies: Wabtec, Alstom, Galison, PC TS
Latest rolling stock procurements and supplies: Wabtec, Alstom, Galison, PC TS

Brief overview of key events and news in the rail rolling stock markets.

6 May 2024
DB Cargo sets up consortium to introduce DAC in Europe
DB Cargo sets up consortium to introduce DAC in Europe

EU: The goal is to commence equipping the entire European freight fleet of 500,000 cars with digital automatic coupling, DAC, in 2028, despite criticism.

25 April 2024
FreightCar America plans to sell up to 4,400 freight cars in 2024
FreightCar America plans to sell up to 4,400 freight cars in 2024

USA: The producers's annual financial statements included a forecast of this increase in sales, which is expected to reach 4,000–4,400 cars, up from 3,000 cars delivered in 2023 (-5% to 2022).

18 April 2024
Intramotev battery-electric hopper wagon covers more than 1,600 km in USA
Intramotev battery-electric hopper wagon covers more than 1,600 km in USA

USA: Iron Senergy uses the first ReVolt hopper wagon, converted to battery traction by startup Intramotev, on a 27.3 km private rail line, which connects its Cumberland Mine with its Alicia Harbour terminal.

17 April 2024
Latest rolling stock procurements and supplies: Stadler, FreightCar America, CRRC, RZD
Latest rolling stock procurements and supplies: Stadler, FreightCar America, CRRC, RZD

Brief overview of key events and news in the rail rolling stock markets.

11 April 2024