(IN BRIEF) Transport for London (TfL) has launched a new campaign to combat violence and aggression against its staff on the public transport network. The campaign highlights the serious consequences for offenders, including recent cases where individuals received significant prison … Read the full press release
(IN BRIEF) Alstom has announced a £60 million refurbishment project for CrossCountry’s Voyager fleet, which will involve a complete interior and exterior overhaul at the company’s Derby facility. The project, funded by Beacon Rail, will enhance passenger comfort and sustainability … Read the full press release
Posted in Business, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics, Travel, United Kingdom
Tagged Adrian Hugill, Alstom, Beacon Rail, CrossCountry’s Voyager Fleet, partnership, Peter Broadley, Refurbishment, sustainability, UK
(IN BRIEF) voestalpine is expanding its Indiana facility by 15,000 square meters and doubling its production capacity to 80,000 tons, following major orders from global truck manufacturers. The EUR 70 million (USD 78 million) investment will create 110 new jobs … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology, Transportation & Logistics
Tagged Carola Richter, Herbert Eibensteiner, partnership, sustainability, Truck Manufacturers, USA, voestalpine
(IN BRIEF) A new £12 million Applied Shipbuilding Academy has opened in Glasgow, designed to train and develop the next generation of shipbuilders. Located at BAE Systems’ Scotstoun shipyard, the facility will provide hands-on training and lifelong learning opportunities for … Read the full press release
Posted in Business, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged BAE Systems, Glasgow, Maritime Engineering, partnership, Paul Feely, Rod Paterson, Shipbuilding Academy, sustainability
(IN BRIEF) Siemens Mobility has secured a 270 million Euro contract to lead a consortium in delivering the power supply system for Singapore’s Cross Island Line. The project will include the design, supply, installation, and commissioning of advanced electrical systems, … Read the full press release
(IN BRIEF) DHL Group has extended its partnership with ESL FACEIT Group, continuing its role as the Official Logistics Partner for major esports events and expanding its involvement with the Snapdragon Pro Series and DreamHack festivals. The collaboration enhances DHL’s … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) has invested €50 million in Nine Realms’ new venture capital fund, Nine Realms Fund I K/S, which aims to raise €200 million to support early-stage companies focused on sustainable supply chain technology. The … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged EIF, Europe, Germany, INNOVATION, Marjut Falkstedt, Nine Realms, partnership, Sune Stilling, supply chain, sustainability
(IN BRIEF) Rheinmetall has announced plans to acquire Loc Performance Products, LLC, a U.S.-based vehicle specialist, for $950 million. This strategic acquisition aims to strengthen Rheinmetall’s position in the U.S. defense market and expand its production capabilities for military vehicles, … Read the full press release
Posted in Business, Defence, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged acquisition, Armin Papperger, Jason Atkinson, Loc Performance, Matthew Warnick, partnership, Rheinmetall, sustainability, U.S. Defense Operations
(IN BRIEF) Rolls-Royce and Yuchai Diesel are expanding their joint venture, MTU Yuchai Power, to increase production of Rolls-Royce’s mtu engines in China. The expansion will include more variants of the mtu Series 2000 and 4000 engines, with plans to … Read the full press release
(IN BRIEF) Rolls-Royce has been awarded a contract to supply its Mission Bay Handling System (MBHS) for the UK Royal Navy’s Type 26 City-class frigates. The contract, in partnership with BAE Systems, includes the production of five MBHS units at … Read the full press release
(IN BRIEF) Bosch Engineering has introduced its innovative tram assist suite, a comprehensive driver assistance system designed to improve safety and reduce operational disruptions in urban rail systems. The suite includes features such as forward, near range, flank, and focus … Read the full press release
(IN BRIEF) The Rothschild Logistic Group has renewed its lease for a strategically located 18,000 sqm property in Bedburg, North Rhine-Westphalia, for another five years. Situated between Düsseldorf and Cologne, the facility offers 24/7 operations, excellent motorway access, and strong … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Bedburg Facility, Cologne, Düsseldorf, Logicor, logistics hub, partnership, Rothschild Logistic Group, sustainability
(IN BRIEF) The EBRD is lending €70 million to Ukraine’s Nova Post to support its 2024 expansion plans, which include enhancing delivery services and building over 600 bomb shelters. The loan will help Nova Post maintain operations during wartime, support … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Transportation & Logistics, Ukraine, United Kingdom
Tagged Arvid Tuerkner, delivery services, EBRD, Nandita Parshad, Nova Post, partnership, Petro Fokov, sustainability, UKRAINE, Wartime Challenges
(IN BRIEF) WinGD is collaborating with CMA CGM to conduct the first real-world trial of its Variable Compression Ratio (VCR) technology on a dual-fuel vessel. This innovative technology, which dynamically adjusts the compression ratio in response to fuel type and … Read the full press release
(IN BRIEF) Schindler Olayan will supply 293 elevators, escalators, and moving walks to The Avenues – Riyadh, a vast new multi-purpose development in Saudi Arabia’s capital. This project, featuring the Middle East’s largest commercial mall and five multipurpose towers, will … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged Danilo Calabrò, elevators, escalators, partnership, Riyadh, Schindler, Schindler Olayan, sustainability, The Avenues
(IN BRIEF) ÖBB Rail Cargo Group (RCG) has introduced a new TransFER route connecting Salzburg, Austria, with Augsburg, Germany, to enhance the logistics chain across Central and South-Eastern Europe. The service operates two round trips weekly, offering direct, non-stop transport … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Germany, logistics network, ÖBB Rail Cargo Group, partnership, Salzburg–Augsburg Rail Link, sustainability
(IN BRIEF) MAHLE is introducing a bionic high-performance fan at the IAA Transportation 2024, inspired by owl wings to reduce noise by up to 4 dB(A) in electric and fuel cell vehicles. The fan is 10% more efficient and 10% … Read the full press release
(IN BRIEF) Kapsch TrafficCom is expanding its AI annotation initiative to Chile, building on a successful program in Vienna, Austria, where individuals with autism are employed to train AI systems for traffic management. The Chilean team will join the global … Read the full press release
(IN BRIEF) Gasum has partnered with Equinor to supply liquefied biomethane (bio-LNG) to Equinor’s platform supply vessel, Island Crusader, in the Port of Dusavik, Stavanger. The initiative, which began in mid-July, involves regular deliveries of bio-LNG, a renewable fuel with … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Norway, Transportation & Logistics
Tagged Bio-LNG, Equinor, Gasum, Island Crusader, Norway, partnership, Supply Vessel, sustainability
(IN BRIEF) Cathay Group’s order for 30 Airbus A330-900 aircraft underscores its commitment to fleet modernization and sustainability. These new aircraft will enhance Cathay’s operational flexibility and fuel efficiency, supporting its regional and long-haul routes while contributing to its net-zero … Read the full press release
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