The latest news and headlines from around the global brake industry. This page lists all of the articles in the Rail/Transit category.
The Heinz Hermann Thiele family foundation has officially acquired majority shares in Knorr-Bremse AG and Vossloh AG. This significant move ensures the continuity of Thiele’s entrepreneurial legacy and establishes a stable foundation for future growth. The acquisition follows Thiele’s last…
Alstom has strengthened its brake maintenance expertise through the recent acquisition of Alstom Ametsis, enabling more competitive FlexCare Sustain™ solutions for braking system repair and overhaul. With a dedicated Component Services Centre in Madrid and in-house capabilities around the world,…
Tenneco has introduced the second-generation Jurid® 847 2.0 LL brake block, an innovation aimed at reducing the lifecycle costs (LCC) of rail freight wagons. Designed to improve wheel longevity and efficiency, this new brake block features optimized design elements and…
Frasle Mobility is set to participate in InnoTrans 2024, the world’s largest trade fair for the railway industry, from September 24 to 27 in Berlin, Germany. The company, alongside the Brazilian Railway Industry Association (ABIFER), will introduce a newly developed…
Knorr-Bremse has finalized the acquisition of Alstom Signaling North America, marking a significant step in the company’s BOOST 2026 strategy. This acquisition strengthens Knorr-Bremse’s position in the North American rail signaling market, aligning with its goals of long-term profitability and…
Bosch has introduced a new tram assist suite aimed at increasing safety and reliability in urban rail systems. This advanced suite includes cutting-edge sensor technology and multiple assistance systems designed to minimize accidents and reduce operational disruptions. The suite is…
Knorr-Bremse AG reported strong performance for the first half of 2024, showcasing significant improvements in key financial metrics driven by the BOOST 2026 strategy program. The company achieved notable increases in order intake, revenues, and operating EBIT, while successfully executing…
Frasle Mobility recorded R$1.8 billion in net revenue in the first half of 2024, marking a 3.6% increase from the same period last year. The company’s international market revenue totaled R$734.3 million, with adjusted EBITDA reaching R$316.5 million and an…
Bosch Engineering is revolutionizing public transportation safety in Iasi by equipping the city’s entire tram fleet with the Tram Forward Collision Warning (TFCW) system. This initiative, aimed at enhancing the safety of tram drivers, passengers, and other road users, involves…
Alstom has commissioned Knorr-Bremse to equip an additional 42 Coradia Max regional trains with advanced braking, entrance, and sanitary systems, with an option for systems on 55 more trains. This marks another significant order under Knorr-Bremse’s platform partnership with Alstom,…
Knorr-Bremse AG has extended Bernd Spies’ contract on the Executive Board for another five years, effective from March 2025. This decision was made by a unanimous vote from the Supervisory Board, ensuring Spies continues his global responsibility for the Commercial…
From June 17 to 19, Frasle Mobility will participate at EuroBrake Congress in Germany, one of the world’s leading technical events for the braking industry. Representatives from the company’s engineering and product development team will present one of their research…
Wabtec Corporation’s innovative Green Friction braking solution is set to begin commercial operations on the RER A rail line in Paris. Partnering with Île-de-France Mobilités (IDFM) and RATP, this new technology aims to significantly improve air quality in rail tunnels…
Wabtec Corporation (NYSE: WAB) has inaugurated its new manufacturing campus in Rohtak, India, marking a significant milestone in the company’s expansion. The $18 million (Rs. 150 crore) investment underscores Wabtec’s commitment to enhancing its production capabilities and meeting the growing…
Knorr-Bremse AG, a leader in braking systems and commercial vehicle technologies, recently concluded its Annual General Meeting (AGM), where it announced a significant 13% increase in dividends to €1.64 per share. This decision aligns with the company’s consistent dividend policy…
Knorr-Bremse AG, the global leader in braking systems and rail and commercial vehicle technologies, has announced the acquisition of Alstom Signaling North America’s conventional railway signaling business. This strategic move allows Knorr-Bremse to make its debut in the lucrative CCS…
Knorr-Bremse AG, a global leader in braking systems and other rail and commercial vehicle systems, has announced its intention to increase its annual dividend by 13% to €1.64 per share. This decision comes after a year marked by significant challenges…
Knorr-Bremse AG announced unprecedented achievements in its fiscal year 2023, setting new records across revenues, order intake, and order book, and experiencing a notable turnaround with a boost in its EBIT margin. The company, a global leader in braking systems…
In a strategic move to refine its business focus, Knorr-Bremse has officially sold Kiepe Electric, a distinguished entity in electric vehicle equipment based in Düsseldorf, to Heramba GmbH. This transaction, finalized in late January 2024, marks a pivotal step in…
Wabtec Corporation, a prominent player in transportation solutions, has recently announced a significant brake system order from Siemens India Private Limited’s Mobility Business. This substantial order, valued at $157 million, is a key component of the prestigious 9000HP locomotive project…