Body found in abandoned Sydney train station
Lower volumes, revenue dampen CN’s third-quarter profit
CP to acquire full ownership of Detroit River rail tunnel
CN reports falling revenue, rising demand
Changes to Canadian railway regulations will improve employee safety
Canadian Pacific Railway union serves strike notice
Canadian National ‘pleased’ as rail blockade ends
Canadian National Railway orders 50 all-electric trucks for intermodal fleet
VIA Rail to increase self-service ticketing functions
Revenue decline dampens Canadian Pacific’s Q3 profit
Construction company Aecon and British engineering and construction firm Keltbray Group have signed a memorandum of understanding with a view to developing a joint venture to bid for rail electrification contracts in Canada.
This is Keltbray’s first venture into the international market, having entered the UK electrification sector in 2010. ‘Our rail overhead line electrification business continues to go from strength to strength, increasing turnover by 11% in 2017’, explained Keltbray Group CEO Brendan Kerr on April 18. ‘However the immediate future of the UK rail electrification arena looks less certain, and whilst we will maintain our commitment and focus on the UK market, it is only sensible and prudent for us to consider markets overseas which provide a greater degree of certainty in the medium term. Electrification is seen as a cornerstone in Canada’s drive to tackle climate change, and with our track record, we see Canada as a market with major opportunities’.
Kerr said Keltbray was ‘in the very early stages of this partnership’, but had begun to relocate 10 people to Canada to plan for forthcoming tenders.
Aecon Rail Electrification Director Dean Frazer said the two businesses would ‘complement each other in both knowledge and expertise, and will undoubtedly form an integral part in assisting Infrastructure Ontario with delivering the C$11bn of rail overhead contact system electrification works across Canada over the next 10 years’.
This article first appeared on www.railwaygazette.com
About this website
Railpage version 3.10.0.0037
All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest is © 2003-2020 Interactive Omnimedia Pty Ltd.
You can syndicate our news using one of the RSS feeds.