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1/5/2021
Appalachian Railcar Services has acquired a rail-car repair facility in Amarillo, Texas, from Progress Rail. The facility complements Appalachian Railcar's existing tank car network comprised of facilities in Lynchburg, Virginia; Elk Mills, Maryland; Hinton, West Virginia; and Kingsport, Tennessee, Appalachian Railcar officials said in a press release. Financing for the transaction was provided by Star America Infrastructure Partners LLC.
Quarterhill Inc. has acquired all issued and outstanding shares of Sensor Line GmbH for CA$6 million. Sensor Line — a German-based provider of fiber optic sensors for rail traffic applications — will be integrated into Quarterhill's wholly-owned subsidiary, International Road Dynamics (IRD). “This acquisition broadens our product suite and expands our geographic footprint further into the European market," said IRD Chief Executive Officer Rish Malhotra in a press release.
Ondas Holdings Inc. shipped its Mercury software-based radio platform to an undisclosed Class I. Earlier this year, Siemens Mobility and Ondas Networks announced their exclusive partnership to bring a Siemens-branded portfolio of Ondas’ wireless radio communication systems to the North American rail market. The Mercury platform is the newest product introduction under that agreement, Ondas officials said in a press release. The Mercury edge remote runs Ondas’ Mission-Critical IoT (MC-IoT) software for licensed narrowband frequencies. Ondas’ MC-IoT software platform offers the network operator the ability to aggregate multiple narrowband channels into a greater data pipeline in order to support existing legacy and additional advanced applications, Ondas officials said.
Toulouse Metropole awarded Alstom a $576.4 million contract to build a 17-mile metro line called the Toulouse Aerospace Express in France. Under the contract, Alstom will provide its Metropolis trains, Urbalis 400 communications-based train control solution and Hesop reversible substations. Alstom will also provide six years of maintenance, with 12 years of maintenance as an option. If all options are exercised, the contract could eventually be worth $874.5 million, Alstom officials said in a press release.