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Stock impact report

CD Cargo rolls out new Traxx Universal locomotive from Alstom [Yahoo! Finance]

ALSTOM UNSP/ADR (ALSMY) 
NASDAQ:AMEX Investor Relations: alstom.com/investor-relations
Company Research Source: Yahoo! Finance
The newly delivered unit, registered as 388.020, is part of an ongoing phase in CD Cargo's procurement of 60 such locomotives. This initiative is part of the company's strategy to increase operations across European rail markets. The delivery of Traxx Universal locomotives commenced in 2021 and is scheduled to continue through 2026 and 2027. This year, the project reached a further step with the approval for regular use of the locomotive equipped with updated software supporting the European Train Control System (ETCS). Alstom is rolling out this modification across all units in the current order, including the one showcased at Nymburk. CD Cargo board of directors head chairman Tomas Toth said: “Traxx Universal multi-system locomotives are central to the company's international expansion. “So far, they have covered more than 8 million kilometres and, for example, have transported millions of tonnes of goods under the CD Cargo licence in Germany.” The units are designed fo Show less Read more
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