Management
Supreme Court sends tax dispute back home to Alabama
Harsco acquires Protran Technology
Harsco Corp. announced Monday, March 2, 2015 that it has acquired Newton, N.J.-based Protran Technology, providing design and production of safety systems for transportation and industrial applications. Terms of the transaction were not disclosed.
Bombardier makes fiscal, personnel moves
Bombardier said Thursday, Feb. 19, 2015 that it will raise C$750 million (about US$600 million) through the sale of 339.4 million subscription receipts to a syndicate of underwriters, in order to raise US$2.1 billion to stabilize its financial status.
Ottensmeyer appointed KCS president
Unifor threatening to strike CN
CN to Unifor: We won’t fill your political trough
CN said on Feb. 18, 2015 that the Unifor union, which represents approximately 4,800 CN employees in mechanical, intermodal, clerical and other areas in Canada, “continues to reject a fair company offer to reach a new collective agreement in line with settlements it has negotiated with three other unions.”
CP endures short strike; arbitration set
Roughly 3,000 union train and operations employees returned to work on Monday, Feb. 16, 2015 following a 36-hour strike against Canadian Pacific Railway, after CP agreed to binding arbitration, thus pre-empting any back-to-work order from the Canadian federal government.
Unitrac Railroad Materials promotes Albanese
Unitrac Railroad Materials on Tuesday, Feb. 17, 2015 announced Lizabeth Albanese has been promoted to national sales manager.
VHB acquires transport firm
VHB has announced its acquisition of GMB Engineers & Planners, Inc. (GMB), a transportation firm with offices in Orlando and Chipley, Fla., and in Atlanta.