Alstom said Tuesday it and DB Mobility Network Logistics AG have signed a contract for the takeover of the 49% stake held by DB Mobility Network Logistics AG in the "Alstom Lokomotiven Service GmbH" joint venture in Stendal, Germany.
The League of Railway Industry Women (LRIW) announced its 2012 College Scholarship Program, which will award three separate scholarships to well-qualified students.
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.
In Sorel-Tracy, Quebec, the Société des parcs industriels Sorel-Tracy (SPIST) on Friday launched construction of the new Alstom manufacturing facility. Sorel-Tracy Mayor Réjean Dauplaise and other dignitaries were in attendance to herald the new plant slated for completion next fall.
Traktionsysteme Austria (TSA), a supplier of rail vehicle propulsion system components, has established a U.S. presence with Traction Systems, Inc., which will directly serve customers in North America.
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.
Investors on Wall Street, watching events at Canadian Pacific carefully throughout the week, continued to reward the company Thursday for its apparent—and now affirmed—shakeup of CP's Board of Directors.
The trends, both good and bad, continue for U.S. freight traffic ending the week of May 12, 2012, the Association of American Railroads reported Thursday. U.S. freight carload traffic fell 5.2% from levels recorded in the same week one year ago, while U.S. intermodal volume notched another weekly gain, up 3.1%, compared with the same week in 2011.
Operation Lifesaver Thursday cautioned professional photographers to be aware of the risks of taking photos of high school seniors and wedding parties on train tracks or trestles.
In a sweeping move, Canadian Pacific early Thursday announced not only the departure of President and CEO Fred Green—a move widely expected—but also the declaration of six existing directors not to stand for re-election. Green's departure was effective "immediately"; he also will not stand for re-election as a director.