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2/9/2024
Stadler Rail recently signed contracts with Saudi Arabia Railways for the supply and maintenance of 10+10 next generation passenger trains for the operation on the railway network in Saudi Arabia. The total contract value is about $687 million. Meanwhile, Stadlerand Alpha Trains have signed a full-service agreement for the maintenance of EURO9000 locomotives. The contract covers the complete maintenance of all EURO9000 locomotives recently ordered by Alpha Trains for a minimum period of 10 years after delivery. The scope of service includes preventive, corrective and heavy maintenance.
DavRail Inc., a provider of maintenance-of-way solutions, has announced a partnership with the McCulloch Group that grants DavRail the distribution rights for McCulloch’s rail-handing and logistics equipment in the United States, Canada, Mexico and Brazil. DavRail will spearhead the national sales program and market and support McCulloch’s product, according to a news release. McCulloch is introducing a new leasing and purchase model through the partnership.
Duos Technologies Group Inc. has been awarded a patent for "Use of Artificial Intelligence to Detect Defects in Trains and Method to Use." Using its proprietary AI process enhances the effectiveness of mechanical rail-car inspections to aid in derailment prevention, further improving safety and streamlining operations, Duos officials said in a news release.