Europorte, the rail freight subsidiary of the Eurotunnel Group, and Alstom on Thursday announced they have signed a partnership agreement covering the maintenance of 17 Alstom manufactured Prima locomotives now operated by Europorte.
Track maintenance and upgrading is expected to begin this week on an initial 7-mile portion of rail right-of-way destined for use by SunRail, central Florida’s planned regional rail service.
Bourque Logistics on Thursday said it has formed an alliance with Watco Compliance Services to offer combined railcar maintenance and regulatory compliance services to rail shippers.
TÜV Rheinland said Monday it is celebrating 140 years of delivering premier independent certification, testing, and assessment services to businesses around the world.
Caltrans joined BNSF Railway and Amtrak Tuesday in the groundbreaking for a triple-track segment that will add 3.8 miles of track in the Los Angeles area at a cost of $38 million. It is part of a larger, $163 million, 15-mile main line track capacity expansion between the cities of Commerce and Fullerton that will add a hard track along two existing lines.
Rockwall, Tex.-based Whitmore Manufacturing Co., a producer of component protection technology, announced Monday it has acquired QHi Rail Ltd., a British-based manufacturer of gauge face and Top of the Rail (TOR) lubrication systems for railways.
BNSF announced Tuesday that it will invest approximately $202 million this year on maintenance and rail capacity improvement and expansion projects in Nebraska.
L.B. Foster Co., which supplies and distributes products and services for rail, construction, energy, and utility markets, has reported net income of $3.4 million or 33 cents per diluted share, in the first quarter of 2012 compared with 7 cents per diluted share in the prior year period. Sales were $118.5 million in the first quarter and the company’s backlog increased $56.3 million in the period.
Wabtec Corporation said April 12 that it expects first-quarter 2012 earnings per diluted share to be about $1.20, and has increased its 2012 full-year EPS guidance to about $4.80, based on anticipated revenue growth of about 12%. Previously, the company’s full-year guidance was for EPS of about $4.30 on revenue growth of about 10%.
New Orleans Monday adjusted its road closures as it continues advancing its 1.5-mile, $45 million streetcar extension along Loyola Avenue.
