Latest News Continued
L.B. Foster Co. announced Monday that its president and chief executive officer, Stan L. Hasselbusch (pictured below), plans to retire Dec. 31. Hasselbusch joined the company in 1972 and achieved his present position in 2002. ...
Union Pacific Railroad representatives, customers, and community leaders from western Wyoming Thursday officially opened a new $24 million rail yard about 20 miles west of Green River, Wyo. Rail yard construction began in August 2008 and was completed in December 2010. ...
Invensys Rail on Thursday said it will expand its North America headquarters staff in Louisville, Ky., adding 75 engineering jobs. ...
Amtrak said Thursday it is developing an in-depth business plan that will maximize the opportunity for private investment to finance the construction of infrastructure and the acquisition of equipment required to provide 220 mph next-generation high speed rail service in the Northeast Corridor. ...
Siemens Industry, Inc. announced Thursday that it will supply Atlanta with four new streetcars under a $17.2 million contract from the Metropolitan Atlanta Rapid Transit Authority on behalf of the City of Atlanta and the Atlanta Downtown Improvement District. The first car is to be delivered in ...
CSX Corp. announced Wednesday that it will invest $160 million over the next several years to complete the National Gateway project, bringing its total commitment to $575 million. Total project costs are estimated at $850 million, of which state and federal funding will provide than $280 million. ...
BNSF Railway has applied to the Surface Transportation Board for permission to discontinue service on a 45.84-mile segment in Iron and Crawford counties, Mo. known as the Lead Line, the STB announced Thursday. ...
U.S. freight carload traffic gained 1.6% during the week ending May 14, 2011, measured against the comparable week one year ago, the Association of American Railroads said Thursday. U.S. intermodal volume for the week continued to show strength, up 6.3% compared with the same week in 2010. ...
Invensys Rail Thursday said Kevin Riddett will succeed James Drummond as president and CEO of Invensys Rail. Riddett (pictured below) has been chief operating officer of Chippenham, England-based Invensys Rail since November 2010, having previously spent two years leading Invensys Rail North America ...
According to the Association of American Railroads, 2010 “was the safest year ever for railroads, with significant reductions achieved in train accidents and employee casualties.” And for the 22nd year in a row, the Norfolk Southern Thoroughbred galloped away with the gold. ...
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