Saft begins CTA 7000 series battery system deliveries
Saft Batteries has begun battery system deliveries to CRRC Sifang America’s manufacturing facility for the Chicago Transit Authority’s (CTA) 7000 series transit railcars.
Author: Andrew Corselli
MSU, BCRRE offer rail transit management program
Michigan State University’s Center for Railway Research and Education (CRRE) recently announced “Transit & Urban Railways: Technology, Engineering and Management”—a new educational program to be held in Newark, N.J., October 7-11, 2019.
AAR: Demand for rail service “in the doldrums”
Manufacturing, housing and trade tensions are the main culprits for rail traffic’s fifth straight month of decline, according to Association of American Railroads (AAR) Senior Vice President Policy and Economics John T. Gray.
Eagle has landed—a deal to acquire Rescar’s repair shops
Railcar repair and maintenance services company Eagle Railcar Services recently announced that it has reached an agreement to acquire the assets and personnel of Rescar Companies’ Plant Services Division.
GBX “gains momentum” in 3Q2019
The Greenbrier Companies (GBX) on July 2 reported 3Q2019 earnings of $15.2 million, or $.46 per diluted share, on a record quarterly revenue of $856.2 million.
ASLRRA names 2018 Jake Award recipients
The American Short Line and Regional Railroad Association (ASLRRA) recently awarded its annual Jake Award to 293 member railroads.
Keyes named WSP AVP, Sr. Rail Systems Manager
Engineering and professional services consultancy WSP USA recently announced that Bill Keyes has been named Assistant Vice President and Senior Rail Systems Manager.
Santana in as Wabtec President, CEO
Rafael Santana has officially become President and CEO of Wabtec Corp.
Brookfield, partners to acquire G&W for $8.4B
Brookfield Infrastructure Partners LP and Genesee & Wyoming, Inc. (G&W) have come to terms on an agreement for the latter to be acquired via an $8.4 billion transaction—including outstanding debt.
May named BR&L Director of Ops
Birmingham Rail & Locomotive Co. (BR&L) recently named Jimmy May Director of Operations for its Locomotive Division.