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Saturday, January 18, 2025

Faiveley Transport

Amsted Rail and Faiveley Transport join forces on the market for freight rail brakes

Ellcon National, Faiveley Transport's American subsidiary, and Amsted Rail, world leading manufacturer for undercarriage rail components for the freight market, announced the creation of a joint subsidiary in which Faiveley Transport will have majority ownership. "This new company will be...

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Hitachi Rail to acquire Omnicom

Hitachi Rail has agreed to acquire the cutting-edge digital rail monitoring business Omnicom from Balfour Beatty. The acquisition marks...