GATX Corporation and Brookfield Infrastructure complete their acquisition of Wells Fargo’s rail assets. Also, New Enviri will be the spinoff of the Harsco Environmental and Rail businesses from Enviri; and TX Rail Products, Inc. completes a strategic capital raise.
Leadership changes have been announced at track maintenance-of way and services supplier Harsco Rail; Progress Rail parent company Caterpillar Inc.; and railcar lessor American Industrial Transport, Inc. (AITX).
Harsco Corporation changes its legal name to Enviri Corporation. Also, Genesis Electronics Group, Inc. (GEGI) is adding rail testing and safety inspection capabilities to its experimental autonomous battery-electric Glīd road/rail vehicles.
