The Delachaux Group has combined its rail divisions under the Pandrol brand. The companies that will now operate under the Pandrol name include Railtech, Vortok, Pandrol CDM Track, Rosenqvist, Matweld and RSS. The rebranding effort is aimed at creating "synergy from the combined strengths of the market-leading businesses within the rail division, and to make the products and services more streamlined for customers," Delachaux officials said in a press release. The Pandrol organization will focus on four key product lines: rail infrastructure, fastening systems, aluminothermic welding, equipment and control, and electrification. The combined company has been operating in the rail sector for more than a century.
Cubic Transportation Systems has signed a $185 million contract with Transport for London for a three-year extension of services for the agency's Oyster and contactless ticketing system. Cubic will continue to provide operational and maintenance services to the ticketing system and invest in "further innovations" to benefit riders, company officials said in a press release. Meanwhile, Cubic also finalized a $553.8 million contract with the Metropolitan Transportation Authority (MTA) for the design and implementation of New York City's new fare payment system. The MTA contract was awarded in October, and Cubic President Matt Cole signed the agreement Nov. 1. Cubic was chosen to replace the agency's MetroCard with a next-generation fare payment system similar to the one used by Transport for London.
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