Railways Express Transport manufacturer Railway Express is looking to enter the UK’s market by 2021.
Railway Express announced on Tuesday that it had signed a £1.2 billion deal to supply its rail freight and logistics business in Britain with a new, high-speed rail line that will link London to Liverpool and the North West Midlands.
It will become the first major UK-based freight operator to enter into the high-tech sector after the state-owned company completed a £2.4 billion deal with Dutch firm NXP last year.RTE is the biggest buyer of its business in the UK, which includes its main route, the Thameslink, and has a significant rail network in the North East and Yorkshire.
It is the world’s largest provider of high-technology logistics and transport services to railroads, but the new deal will help to bolster its business further.
Rte has a history of working with UK government agencies to deliver a range of high technology services for the industry.