PTC

Cambridge Systematics turns 45

Transit and transportation planning and development consultant Cambridge Systematics is celebrating 45 years as an industry consultant.

Railway Interchange 2017 a record-setter

Organizers for Railway Interchange, North America’s largest railway industry exhibition and technical conference, report that the 2017 event, held in Indianapolis Sept. 17-20, posted total registered attendance of 8,150, with a record-breaking 738 exhibitors. There were 1,099 international attendees and 108 international exhibitors representing 46 countries.

Siemens and Alstom announce “merger of equals”

It’s official: Siemens AG and Alstom SA have signed a Memorandum of Understanding “granting exclusivity to combine mobility businesses in a merger of equals.” The combination is largely viewed as a move to remain competitive in a global market in which Chinese rolling stock manufacturers have gained considerable market share. Based on how the merged company, “Siemens Alstom,” will be structured and named, Siemens is the lead company, with 6 of 11 board members.

Siemens+Alstom+Bombardier?

Germany’s Siemens AG and France’s Alstom SA are discussing a merger to create a European rail transportation manufacturing conglomerate to counter growing competition from China, according to a report in the Sept. 23, 2017 Wall Street Journal. Meanwhile, Siemens continues to engage in talks with Canada’s Bombardier, Inc. about merging their railway businesses.

NTSB dockets opened for NJT, LIRR crashes

Dockets for the fatal Sept. 29, 2016, NJ Transit commuter rail collision in Hoboken, N.J., and the Jan. 4, 2017, Long Island Rail Road collision at the Atlantic Terminal, Brooklyn, New York, were opened to the public Sept. 21 by the National Transportation Safety Board as part of its ongoing investigations of the two accidents.

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