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Rail News: Rail Industry Trends
5/22/2008
Rail News: Rail Industry Trends
Updates from Bombardier, Sweco, The Carlyle Group and Hatch Mott MacDonald
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Swedish contracts and acquisitions color these four rail industry supplier/service provider developments:
• Bombardier Transportation won a $349 million from Swedish state railway SJ AB to supply 20 four-car BOMBARDIER REGINA high-speed trains. The contract includes an option for 20 additional trains and calls for delivery to start in April 2010 and conclude in August 2010. The REGINA trains will feature BOMBARDIER MITRAC propulsion and control equipment designed with regenerative braking and radial-steered bogies.
• Engineering firm Sweco obtained a $1.9 million contract from the Swedish Rail and Swedish Road administrations to design a rail alignment for a joint double-track rail and four-lane highway project between Gothenburg and Trollhättan, Sweden. Sweco will prepare construction documents for the railway section between Agnesberg and Marieholm.
• Global private equity firm The Carlyle Group has acquired a majority interest in North American intermodal facilities operator ITS Technologies & Logistics L.L.C. from Lanigan Holdings L.L.C. The Lanigan family — which includes Mi-Jack Products Inc. Chairman Jack Lanigan Jr., an intermodal equipment pioneer — will retain a significant minority equity interest. ITS operates at 52 U.S. and three Mexican locations, and provides container lift, rail switching, terminal administration and equipment maintenance services.
• Infrastructure, transportation and environmental engineering firm Hatch Mott MacDonald has acquired engineering firm Staunton Chow P.C., which specializes in aviation-related design, engineering and architectural services. Most of Staunton Chow's clients are federal agencies, including all branches of the U.S. military, the Veterans Administration and General Services Administration. Staunton Chow will help strengthen Hatch Mott MacDonald's expanding aviation practice, the firm said.
• Bombardier Transportation won a $349 million from Swedish state railway SJ AB to supply 20 four-car BOMBARDIER REGINA high-speed trains. The contract includes an option for 20 additional trains and calls for delivery to start in April 2010 and conclude in August 2010. The REGINA trains will feature BOMBARDIER MITRAC propulsion and control equipment designed with regenerative braking and radial-steered bogies.
• Engineering firm Sweco obtained a $1.9 million contract from the Swedish Rail and Swedish Road administrations to design a rail alignment for a joint double-track rail and four-lane highway project between Gothenburg and Trollhättan, Sweden. Sweco will prepare construction documents for the railway section between Agnesberg and Marieholm.
• Global private equity firm The Carlyle Group has acquired a majority interest in North American intermodal facilities operator ITS Technologies & Logistics L.L.C. from Lanigan Holdings L.L.C. The Lanigan family — which includes Mi-Jack Products Inc. Chairman Jack Lanigan Jr., an intermodal equipment pioneer — will retain a significant minority equity interest. ITS operates at 52 U.S. and three Mexican locations, and provides container lift, rail switching, terminal administration and equipment maintenance services.
• Infrastructure, transportation and environmental engineering firm Hatch Mott MacDonald has acquired engineering firm Staunton Chow P.C., which specializes in aviation-related design, engineering and architectural services. Most of Staunton Chow's clients are federal agencies, including all branches of the U.S. military, the Veterans Administration and General Services Administration. Staunton Chow will help strengthen Hatch Mott MacDonald's expanding aviation practice, the firm said.