Author: David C. Lester

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L.B. Foster Expands Precast Concrete Business

L.B. Foster is expanding its precast concrete business. The company’s wholly owned subsidiary, CXT Incorporated, has acquired the operating assets of VanHooseCo Precase, LLC, a privately held business based in Loudon, Tenn.

L.B. Foster has sold its rail spike and anchor business.
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L.B. Foster Divests Track Components Business

L.B. Foster, a long-time supplier of rail spikes and anchors for the railroad industry, is selling this line of business, located in Quebec, Canada, to another Canadian company.

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Transport Canada Invests in Saskatchewan

Canada’s supply chain is still feeling the impacts of the pandemic, and the Government of Canada says it “is committed to addressing this by strengthening Canada’s supply chains and trade corridors, which will grow the economy and mitigate global inflation.”

(Photograph Courtesy of FTAI)
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FTAI to Spin Off Infrastructure Business

Fortress Transportation and Infrastructure Investors LLC (FTAI) on July 12 announced that its Board of Directors has approved the details and timing of the spin-off of its infrastructure business.

Amtrak Increasing Acela Speeds in New Jersey

Amtrak passengers can now travel even faster on Acela as recent infrastructure improvements along a 16-mile segment of the Northeast Corridor in New Jersey between South Brunswick (Monmouth Junction) and Trenton known as the Raceway can accommodate speeds of up to 150 mph.

Jim Wrinn, Trains magazine Editor, 61, dies after more than 17 years at helm of magazine. (Kalmbach Media)
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Jim Wrinn, 1961-2022

Jim Wrinn, the longtime editor of Trains magazine, died at home on March 30 after a long illness.