Greenbrier Announces New Covered Grain Hopper
The Greenbrier Companies, Inc. (GBRX) announced the addition of a newly designed covered grain hopper to its line of product offerings.
Author: Andrew Corselli
R.J. Corman Reaches Deal to Lease, Operate Childersburg Line
R. J. Corman Railroad Company has finalized a long-term agreement to lease and operate a short line railroad from the City of Childersburg Local Redevelopment Authority (CLRA), CSX Transportation (CSX) and Norfolk Southern Railway Company (NS). The newly formed R. J. Corman Railroad Company/Childersburg Line (RJAL) is a 13.32-mile line located in Coosa Pines, Ala. Previously, the line was jointly operated by NS and CSX.
PowerRail Inks $1.9MM Deal With NJ Transit
Rail-related parts and components supplier PowerRail, Inc. was recently awarded a multi-year, $1.9 million contract with New Jersey Transit to manufacture new Passenger Car Class F Journal Adapter Boxes.
Saabas Named Head of Engineering, Tech at Bombardier
Bombardier Transportation recently appointed John Saabas as its Head of Engineering and Technology.
Wi-Fi, Why Not? Icomera Selected to Deliver GO Transit’s Connectivity
Metrolinx has chosen Icomera Canada to install its Internet solutions on GO Transit’s fleet of vehicles operating in the Greater Toronto and Hamilton areas.
AAR: “Manufacturing and Goods Trading Have Weakened Significantly”
The Association of American Railroads (AAR) reported that, for the seventh consecutive month, U.S. rail traffic has fallen. The main culprit? A weak economy.
SRF Founder to Speak at Railway Interchange
Strategic Rail Finance (SRF) founder Michael Sussman will be at Railway Interchange 2019 to speak about the value of railroads in America’s economy with a goal of dramatically altering how policy and capital decisions are made.
Strato Cracks Top 100 Privately Held N.J. Companies
Strato, Inc. recently revealed that it is listed in the 2019 Top 250 Privately Held Companies by business journal NJBIZ. Strato’s position moved to 82, up from 179 in 2016.
Trainyard Tech: CLASSMASTER™/DAP Synergies
Trainyard Tech, LLC, provides process control systems for Class I railroads in freight classification yards through its CLASSMASTERTM systems. “The biggest challenge for such process control systems is capturing precise railroad car momentum and speed,” the company says.
Costello Named DART CFO
Joe Costello has been named Chief Financial Officer for Dallas Area Rapid Transit (DART).