Alstom Wins Toronto Subway Deal; Siemens to Power Tri-Rail

Alstom secures a C$2.3 billion contract to build 70 subway trains for Toronto, modernizing the TTC fleet and supporting network expansion goals.

January 22, 2026 11:39 am

🛑 Key Takeaways:

Alstom has secured a C$2.3 billion contract to build 70 subway trains for the Toronto Transit Commission (TTC).
Siemens will supply seven Charger diesel-electric locomotives to South Florida’s Tri-Rail for 2029 service.
The contracts address critical fleet replacement needs and network expansion goals for two major North American transit authorities.

TORONTO/MIAMI – Alstom will manufacture 70 six-car subway trains for the Toronto Transit Commission (TTC) under a C$2.3 billion agreement to modernize the fleet on its Line 2. Concurrently, Siemens Mobility has won a contract to supply seven Charger diesel-electric locomotives to the South Florida Regional Transportation Authority (SFRTA) to upgrade its Tri-Rail commuter service.

Category	Alstom-TTC Deal Specification	Siemens-SFRTA Deal Specification
Contract Value	C$2.3 billion	Not disclosed
Equipment	70 six-car subway trains	7 Charger diesel-electric locomotives
Key Stakeholders	Alstom, Toronto Transit Commission	Siemens, SFRTA (Tri-Rail)
Manufacturing Base	Assembly: Thunder Bay, ON; Testing: Kingston, ON	Sacramento, California (standard manufacturing location)
Fleet Purpose	Replacement (55 trains) & Expansion (15 trains)	Replacement (6 units) & Network Access
In-Service Date	Not specified	Expected 2029

Operational & Technical Details

Alstom’s contract with the TTC includes options for up to 150 additional trainsets. The initial order of 70 trains is allocated for two purposes: 55 will replace the aging fleet on the Bloor-Danforth (Line 2), while 15 are designated for the future Line 1 Yonge North and Line 2 Scarborough extensions. The trains will be designed and engineered in Canada, underscoring a domestic supply chain.

In South Florida, the seven Siemens Charger locomotives will replace Tri-Rail’s six aging EMD GP49 units. This acquisition is critical for enabling full service into MiamiCentral Station, which has specific operational and compliance requirements that the current fleet cannot meet. The 2029 service entry will allow SFRTA to modernize its core motive power and standardize its fleet.

Market Impact Analysis

The Alstom deal solidifies its production pipeline at the Thunder Bay facility, a key industrial asset in Ontario. For the TTC, this investment is a crucial step in addressing infrastructure reliability and preparing for network growth. The large option clause provides the TTC with long-term fleet planning flexibility.

Siemens’ contract with SFRTA, while smaller in scale, is strategically important. It provides Tri-Rail with the necessary equipment to complete its service integration with downtown Miami, a long-term strategic goal. This investment proceeds despite reports of financial challenges for the agency, signaling that fleet modernization is a non-negotiable priority to maintain service and accommodate record ridership levels.