“The Blacks Fork Rail Yard is the latest example of our company’s commitmentto grow with our customers and provide great service,” said Jim Young, UnionPacific chairman and chief executive officer. “By improving the way railcars are sorted for specific destinations, we are increasing efficiency,creating faster delivery time, and helping our customers compete in a globaleconomy.”
“Stan has done an outstanding job during his long career with L.B. Foster and on behalf of the board of directors and all our employees I want to convey our sincere appreciation for so many significant contributions that have left an indelible mark on the company,” said Lee B. Foster, chairman of the board.
“Stan indicated that he had been contemplating this move for some time and felt that the end of this year, with the Portec acquisition successfully integrated, would be the perfect time to make the move,” Chairman Foster added.
Axion is servicing the contract through Herzog Transit Services, which operates the TRE line. The ties will be installed on a two-mile bridge known as the Beltline Overpass. Axion said the recycled plastic ties “should significantly lower the maintenance and replacement costs over the life of the bridge.”
AAR said six of the 20 carload commodity groups it measures posted increases from the comparable week in 2010, with grain, up 19.9%, and metals and products, up 13.1%, leading the pact. Declining groups were led by primary forest products, down 19.5%, nonmetallic minerals, down 16.3%, and waste and nonferrous scrap, down 13.7%.
At the same time, GE Transportation also will expand its manufacturing workforce at its Erie, Pa., plant by hiring an additional 250 workers. Amsted Rail said Thursday it has acquired Holland, L.P.’s Hollube® Wear Eliminator product line. Final agreement is scheduled to occur Friday, May 27. After that date, all orders and shipments will be initiated through Amsted Rail Customer Service, located in Granite City, Ill.
“This acquisition is strategically important because it provides our customers the option to include key wear prevention components as part of their Amsted Rail Truck and End-of-Car System purchases,” said Brad Myers, Amsted vice president of Sales & Marketing.
“The sale of the Hollube® Wear Eliminator product line will enable our organization to concentrate its efforts on engineered solutions involving our growing load securement and product protection product lines,” said Holland, L.P. Group Vice President Leonard O’Kray.
The Green Line LAX Extension will link the planned Metro station at Century and Aviation, about 1.5 miles from the airport, with the central terminal area of LAX, by one of three alternatives: an above-ground LRT extension; an underground LRT extension; or an automated people mover (APV) link.
