Rail

Alstom, Bombardier sign Chinese rail agreements

Posted on December 7, 2010

Alstom and Bombardier signed separate agreements with China's Ministry of Railways (MoR) aimed at strengthening their strategic partnership in the development of various products and systems, including rolling stock and signaling solutions applied in mainline and regional railways for the market in China and internationally.

Bombardier's agreement calls for further collaboration on the development of the existing high-speed and very high-speed product platforms and extending this cooperation to other platforms, if and when needed, such as regional trains.

The agreement also establishes China Railway Signal and Communication Corp. as a strategic partner for Bombardier's signaling systems, to jointly develop signaling products in order to meet the requirements of China and international markets.

Meanwhile, Alstom will work with the MoR and its Chinese industry partners to jointly design, develop and promote advanced railway products and solutions, — based on the current EMU and locomotive platforms — which meet requirements of both domestic and international markets, leveraging the respective strengths of the parties concerned.

The agreement will contribute to gear Alstom's future position on the huge Chinese market, while boosting the partnership in agreed international markets.

View comments or post a comment on this story. (0 Comments)

More News

Amtrak signs contract with Alstom for new generation, high-speed train

Funding for the trains will come from a $2.45 billion loan via a U.S. DOT railroad rehabilitation program – marking the largest single loan in the agency’s history.

Metra receives final Electric Highliners

Completes 2010's 160-car purchase to outfit the line with a completely new and modern fleet.

Amtrak's microgrid to serve as backup during power outages

In the aftermath of the 2012 Superstorm Sandy, half of the Sunnyside Yard had to rely on portable backup generators for a month due to a damaged transmission line.

Detroit's M-1 begins testing streetcar line

The slow-moving "speeder" vehicle will travel the rail line as part of a testing regimen that ensures the route is free of obstructions.

Honolulu's rail executive director/CEO resigns

Dan Grabauskas will be paid the final year of contract as part of the separation agreement, a total of $282,250. The board appointed HART board member Mike Formby as acting CEO, effective immediately.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close