Monday , February 19 2018
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Progress Rail buys Australia’s Inspired Systems

US-based Progress Rail Services has acquired Inspired Systems as part of plans to expand signalling offerings. Headquartered in Canning Vale in Western Australia and with another facility in Port Headland, Inspired Systems currently offers asset protection and condition-based monitoring systems. Its product portfolio allows operators to increase efficiency and improve ...

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Alstom acquires 51% stake in South Africa’s CTLE

Alstom has completed the acquisition of a 51% share in South African rail company Commuter Transport & Locomotive Engineering (CTLE), which specialises in the modernisation of trains. Following approval from the South African antitrust authorities, the company bought the stake from Commuter Transport Engineering (CTE) and Industrial Development Corporation (IDC), ...

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