Urban rail business news

The latest business news from the global urban rail supply industry.

Six start-ups to work with Transport for London on open-data innovation

20 Jun 2017

UK: Six start-ups have been chosen to work with Transport for London under the Nitrous innovation accelerator that aims to reduce congestion, encourage public transport use and promote walking and cycling. Nitrous has been ... more

Trapeze to open public transport research lab

14 Jun 2017

SWITZERLAND: Trapeze has established a subsidiary called AMoTech, which is to open a centre of competence for research into autonomous mobility. The Public Transport Lab in Neuhausen would be used to conduct tests of autonomous ... more

Porsche to buy PTV Group

07 Jun 2017

GERMANY: PTV Planung Transport Verkehr announced on June 7 that it is being acquired by Porsche Automobil Holding for €300m, subject to regulatory approval. Karlsruhe-based PTV Group supplies software for transport planning, ... more

Seoul metro operators merge

02 Jun 2017

SOUTH KOREA: The merger of the two city-owned metro operators in Seoul took effect on May 31. The new Seoul Metro is formed of Seoul Metro Corp — which previously operated lines 1, 2, 3 and 4 — and Seoul Metropolitan Rapid ... more

Strukton forms Chinese joint venture

31 May 2017

CHINA: Strukton Rolling Stock signed a joint venture agreement on May 31 with Jinan-based Rnomac Group subsidiary SiCC Co, which specialises in the manufacture of semiconductor materials. The joint venture, named Shandong SRCC ... more