Carboline acquires Strathmore Products/American Coatings
Carboline Company, a St. Louis-based coatings manufacturer, has acquired Strathmore Products, including Strathmore’s American Coatings product line.
Carboline Company, a St. Louis-based coatings manufacturer, has acquired Strathmore Products, including Strathmore’s American Coatings product line.
Buckingham Branch Railroad on Aug. 1 launched its new Norfolk Division, which will serve the Norfolk, Va., region via a seven-mile line linking Coleman Place in Norfolk with Little Creek in Virginia Beach, Va.
Career railroad executive Gordon R. Fuller, 77, died July 24, 2018, in New Jersey.
The Washington State Department of Transportation (WSDOT) is envisioning a 250-mph “ultra-high speed ground transportation system” connecting Vancouver, B.C.; Seattle, Wash. and Portland, Ore., with Seattle-Vancouver and Seattle-Portland travel times reduced to one hour each. Engineering and professional services consultancy WSP will be preparing a business case analysis for what WSDOT describes as “an international, public-private partnership of WSDOT; the Oregon Department of Transportation (ODOT); the British Columbia Ministry of Jobs, Trade and Technology; and Microsoft Corp.”
Freight car deliveries will reach nearly 60,000 units by 2022, driven by strength in boxcars, covered hoppers, mill gondolas, intermodal equipment, and tank cars, according to the most recent forecast issued by Economic Planning Associates.
Genesee & Wyoming’s second-quarter 2018 adjusted EPS (earnings per share) of $0.94 “was at the high end of guidance and just ahead of our and consensus expectations,” according to Cowen and Co. Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl. “The company enjoyed freight demand improvement in all geographies, something that should begin to translate into operating leverage in the second half. Full-year guidance was largely in line with that provided last quarter. We’re raising our estimates and target and maintaining our Outperform rating.”
If you drive a Nissan or Infiniti, whether it’s a Versa sub-compact, Sentra econobox, midsize Altima, upscale Maxima, massive Armada, luxury QX60, or any one of dozens of other models, including an iconic sports car like the 370Z or the $100K GT-R supercar, chances are most of its journey to the dealership occurred in a Union Pacific motor vehicle train.
Avon, Ohio-based Advanced Polymer Coatings, Inc. (APC), a manufacturer of high-performance linings for industrial applications, has entered into an exclusive North American distribution agreement with Houston, Tex.-based Strathmore Products for APC-engineered linings for the rail industry. The new agreement, termed “Partners in Performance,” is “a significant opportunity to combine the strengths of two companies to bring new custom linings solutions to the rail industry,” APC and Strathmore said.
MTA New York City Transit has implemented a quarterly “Customer Commitment,” described as “a document that will deliver time-bound, customer-focused improvements throughout the system.”
A reliable rail industry source who wishes not to be named related this story to me from on board a recent trip on Amtrak 19, the long-distance Crescent. The words speak for themselves. They are unedited: