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Hyundai Rotem Secures Record Backlog in Rail Sector, Eyes Global Expansion

Hyundai Rotem Secures Record Backlog in Rail Sector, Eyes Global Expansion

SEOUL, Aug. 21 (Korea Bizwire) – Hyundai Rotem, a leading South Korean railway equipment manufacturer, has reported a record-breaking order backlog in its rail division, securing approximately eight years of work ahead. The company is now setting its sights on additional high-speed rail contracts while reinforcing its production facilities to ensure timely deliveries.  As of the [...]

South Korea to Develop AI-Powered Train Safety System to Prevent Human Error

South Korea to Develop AI-Powered Train Safety System to Prevent Human Error

SEOUL, Aug. 5 (Korea Bizwire) – South Korea is set to develop an artificial intelligence (AI) video analysis system aimed at preventing railway accidents caused by human error, such as train operator mistakes.  The Korea Transportation Safety Authority (KTSA) recently commissioned a research project titled Development of AI-assisted Train Operation Support Technology. This initiative seeks to [...]

Hyundai Rotem’s U.S. Unit Wins 241 Bln-won Order for Double-deckers

Hyundai Rotem’s U.S. Unit Wins 241 Bln-won Order for Double-deckers

SEOUL, Jun. 7 (Korea Bizwire) — Hyundai Rotem Co., a South Korean railway system and plant equipment maker, said Friday its U.S. unit has received a 241.4 billion-won (US$175.8 million) order for double-deckers in the United States. Hyundai Rotem USA Corp. has obtained the order from the Massachusetts Bay Transportation Authority (MBTA), the company said [...]

LNER Launches International Website Making Travel Simpler for Overseas Tourists

LNER Launches International Website Making Travel Simpler for Overseas Tourists

LONDON, Feb. 10 (Korea Bizwire) — London North Eastern Railway (LNER) is proud to announce the launch of its new international website, making travel simpler and smarter for overseas customers. The new website coincides with the removal of pre-departure testing and quarantine rules for vaccinated people arriving in England or Scotland from 11 February 2022. [...]

Railway Operator to Use Big Data Technology to Stop Fare Evasion

Railway Operator to Use Big Data Technology to Stop Fare Evasion

DAEJEON, June 12 (Korea Bizwire) — South Korea’s railway operator introduced a new system on Friday that uses big data technology to prevent fare evasion. Korea Railroad Corp. (KORAIL)’s new system analyses the list of tickets issued to identify illegal subway rides. The system will primarily be used to crack down on the abuse of [...]

IT Technology Allows for Safer Shunting of Railway Vehicles

IT Technology Allows for Safer Shunting of Railway Vehicles

DAEJEON, May 10 (Korea Bizwire) — IT technology will now be applied to tasks connecting or detaching railway vehicles to increase safety of the workers. South Korea’s state-run railway operator Korea Railroad Corp. (Korail) introduced the new remote-control shunting system at Daejeon Marshalling Yard on Thursday, a system which allows locomotives to be controlled from [...]

South Korean City, French Company Eye Eurasia Railway Project to Connect 2 Koreas

South Korean City, French Company Eye Eurasia Railway Project to Connect 2 Koreas

GWANGMYEONG, South Korea, Oct. 16 (Korea Bizwire) – The South Korean city of Gwangmyeong, just south of Seoul, said Monday it will sign a memorandum of understanding with French national railway company SNCF this year to implement a Eurasia railway project to connect South and North Korea by rail to Europe. Former French Minister for [...]