Alstom, in an effort to reduce its debt load and negative cash flow position, on April 19 formalized a binding agreement with Knorr-Bremse AG, parent company of New York Air Brake (NYAB), to sell its ...
Rail services and systems provider North American Rail Solutions (NARS) has acquired Canadian signalling company Condor Signals and Communications. The deal was done via NARS’s Canadian subsidiary, ...
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