Alstom to deliver more Traxx DC3 locomotives to Polo Mercitalia
Alstom has signed an agreement for the supply of new generation Traxx DC3 electric locomotives to Italian railway operator Polo Mercitalia.
Source: railway-technology.com
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Wabtec, KTZ reach MoU for battery-electric shunters, LNG locomotives
Wabtec has entered into a $600m MoU with Kazakhstan Temir Zholy (KTZ) for the supply of 50 FLXdrive battery-electric shunters.
Source: railway-technology.com
LA&L acquires controlling stake in Ontario Midland Railroad
Livonia, Avon & Lakeville Railroad Corporation (LA&L) has picked a 55% stake in Ontario Midland Railroad (OMID), operating in New York
Source: railway-technology.com
Global FDI Annual Report 2022 - Investment Monitor
Global greenfield FDI levels returned to pre-Covid-19 pandemic levels, according to Investment Monitor's Global FDI Annual Report 2022.
Source: railway-technology.com
Norfolk Southern revenue rises in Q2; profit remains stable
US-based Norfolk Southern has reported growth in revenue in the second quarter of this year despite network fluidity hurdles
Source: railway-technology.com