OnTrain secures loan to procure 50 electric locomotives for leasing business
The company is backed by a joint venture involving Marguerite, Griffin Capital Partners, and WBW Invest.
The company is backed by a joint venture involving Marguerite, Griffin Capital Partners, and WBW Invest.
This delivery represents the first instance of diesel locomotives produced by a Chinese manufacturer entering Mozambique’s railway market.
The locomotives will be manufactured at Wabtec’s Contagem facility in Brazil, with delivery starting in 2026.
The locomotives are part of the company’s current focus on growing its role in freight transport by rail within Spain.
The locomotives were officially handed over at Newag’s production facility in Nowy Sącz.
According to the company, this is the first use of such a locomotive in revenue-generating operations in the United States.
The 500th fully India-made Prima T8 WAG12B e-locomotive was flagged off from Alstom’s manufacturing facility in Madhepura, Bihar.
The Iranian domestic delivery finalizes the order of 50 diesel locomotives, with 30 more in the pipeline and wagons for export as prospects.
41st Vectron locomotive joins an existing fleet comprising 40 Siemens Vectron and 40 Alstom Traxx units.
At the end of March 2025, several European rail freight operators introduced new locomotives into regular operations, broadening their current rolling stock.
In view of the ongoing renewal of its rolling stock and in connection with the reduction of excess capacity, ČD Cargo is launching a sale of selected railway rolling stock - locomotives and freight wagons.
The agreement involves servicing 75 passenger coaches and 12 RC6 locomotives at maintenance depots located in Luleå and Stockholm.
The EF-9K locomotives, named as such for their power rating of 9000 HP, are being built locally at the Dahod manufacturing facility, following an agreement with Siemens as the technological partner.
The locomotives incorporate a combination of battery power and diesel engines.
The initiative, introduced at Sentul Station, involves private sector participation in the provision of rolling stock for rail freight operations.
Czech high-cab diesel and hybrid locomotives producer has gained new customers and delivered locomotives of various types to various customers over the past few months.
The additional locomotives will be delivered under a five-year lease agreement between the two companies.
Manufacturer also signs an agreement with Alpha Trains, its first locomotive service contract in Sweden.
The funding is part of a financing platform established in 2023, bringing the company’s total available debt facilities to over EUR 480 million.
A newly modernized electric locomotive at RELOC Craiova has completed performance tests, reaching an operating speed of 160 km/h.