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Siemens Gets Locomotive Contract From Railpool

By Nina Kienle

 

Siemens Mobility signed a framework agreement with vehicle-rental company Railpool for the delivery of up to 250 locomotives, the companies said Tuesday.

The mobility business of the German industrial conglomerate received a first call of 70 locomotives from the Vectron family with the signing of the contract, the companies said. The agreement expands Railpool's Vectron fleet to a total of 228 locomotives.

Financial details weren't disclosed.

 

Write to Nina Kienle at nina.kienle@wsj.com

 

(END) Dow Jones Newswires

February 20, 2024 05:45 ET (10:45 GMT)

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