Latest News Continued
Citing a overwhelming number of applications, the Federal Railroad Administration has made a change to the ARRA ( ...
L.B. Foster Co. has won a $2.7-million contract to supply rail fasteners, trackwork and new rail to the Allegheny County Port Authority Light Rail System's 1.2-mile North Shore Connector. The new light rail corridor will utilize two bored tunnels beneath the Allegheny River to connect Pittsburgh&rsq ...
Jay H. Walder began work as Chairman and Chief Executive Officer of the Metropolitan Transportation Authority in New York by meeting with employees at the Corona Subway Maintenance Shop and the Casey Stengel Bus Depot in Queens, before greeting customers at the Main Street Station on the #7 line. He ...
Dallas Area Rapid Transit's Northwest Corridor to Irving/DFW Final Environmental Impact Statement is the recipient of the Federal Transit Administration's Outstanding Achievement Award for Excellence in Environmental Document Preparation. The FEIS provided the environmental clearances for the first ...
President Barack Obama nominated a top official at the Port Authority of New York and New Jersey to serve on Amtrak’s board of directors. Anthony Coscia has been chairman of the Port Authority’s board of commissioners since April 2003. The White House said in a statement tha ...
Ray LaHood, the U.S. Secretary of Transportation, was recognized by more than 1,400 participants at the American Public Transportation Association's Annual Meeting for his work creating and supporting more than 250,000 jobs with investments in public transportation due to the success of the American ...
Metrolink Board Chairman Keith Millhouse said that the Southern California commuter rail agency will activate inward- and outward-facing video cameras in all of its locomotives this week. He said Metrolink will become the nation's first railroad system to install inward-facing cameras "to recor ...
Union Pacific and Progress Rail Services said that the ultra-clean diesel PR30C-LoNOx locomotive being tested in intermediate line haul service has successfully achieved more than 500 operational hours. The locomotive -- powered by a 3516 Caterpillar engine -- h ...

The Federal Railroad Administration's Office of Safety Analysis released new statistics this week showing across-the-board improvement in U.S. railroad safety.

The new figures show that in this year's first seven months, train accidents were down 30.9% from the corresponding period in 2008 to 1,041; collisions dropped 31.8% to 73; derailments were off 32.8% to 738; and yard accidents declined 34.3% to 541.

Track causes were blamed for 344 train accidents, down 33.7%; signal causes for 28, down 3.4%; and human factors for 349, down 34.2%.

Highway-rail grade crossing accidents and trespassing incidents caused most of the 404 fatalities in this year's January-July period, a total that was down 20.2% from last year. There were 139 crossing fatalities this year, down 13.1%, and 248 trespassing fatalities, down 6.6%.

The 718 large and small railroads included in the FRA survey reported 12 employee fatalities this year compared with 14 in the same period last year.

 

 

--> The Federal Railroad Administration's Office of Safety Analysis released new statistics this week showing across-the-board improvement in U.S. railroad safety. The new figures show that in this year's first seven months, train&nbs ...

Wabtec Corp. announced Friday that has further diversified by acquiring Uifin International from Koch Chemical Technology Group LLC for $93 million. Unifin has annual sales of about $45 million from the manufacture of cooling systems and related equipment for the power generation and transmission industry.

wabtec_logo.jpg

"Unifin is a strategic complement to our Young Touchstone business unit, which is already well established in the industrial cooling systems market," said Albert J. Neupaver, Wabtec's president and chief executive officer. "The combination of our existing products and technology with Unifin's product line and aftermarket presence strengthens our worldwide position in the industrial cooling systems market, which we believe offers long-term stability and growth potential. In addition, this acquisition further diversifies Wabtec's business model into an adjacent market where we have proven technology and experience. We plan to continue to explore other niche opportunities worldwide to expand our cooling systems business."

Unifin has about 100 employees at three facilities, two in the U.S. and one in Canada, where it designs and manufactures a variety of cooling systems and related components, including oil coolers and pumps. 

--> Wabtec Corp. announced Friday that has further diversified by acquiring Uifin International from Koch Chemical Technology Group LLC for $93 million. Unifin has annual sales of about $45 million from the manufacture of cooling systems and relate ...
550
Page 550 of 625