Services, a wholly-owned subsidiary of Caterpillar Inc., announced that it has
completed the acquisition of Electro-Motive Diesel from Berkshire Partners LLC
and Greenbriar Equity Group LLC. The terms are $820 million in cash, plus a net
working capital adjustment subject to post-closing finalization, currently
estimated at approximately $108 million.
Geneva, Ill.-based Miner Enterprises says the Canadian Patent Office has recently awarded Miner a patent on its 42 x 42AutoLOK II™ outlet gate. Miner says the move comes “[i]n conjunction with standing 42 x 42 AutoLOK™ II U.S. patents and Mexico patents.”
The AutoLOK II is easy to open and close and stays locked. It features Miner’s patented lost-motion mechanism system, which allows the opening force to be applied directly to open the slide door, reducing the risk of gate damage. The AutoLOK II meets all GEAPS and AAR S-233-92 specifications to improve unloading operations in a wide variety of demanding applications.Because of its enlarged clear opening, the AutoLOK II unloads dried distillers grain (DDG) and dried distillers grain with soluables (DDGS) with ease. Miner also offers a 42 x 52 AutoLOK II to the DDG market.
Ellcon National, a subsidiary of Faiveley Transport, and Amsted Rail have created a joint venture that Faiveley Chairman and CEO Robert Joyeux says "will enable heavy haul railcar customers to purchase complete systems with a wider range of components from a single supplier.”
“Ellcon National’s existing brake component portfolio will be integrated with Amsted Rail’s extensive undercarriage systems enabling railcar designers and their customers to access an unprecedented component engineering team,” said John Wories, president of Amsted Rail.
An announcement Friday said the partnering will produce "synergies [that] will enhance railcar performance and increase the life cycle savings of an Amsted Rail–Ellcon National equipped railcar."
The two companies have independently provided freight car systems for more than 100 years.
Grupo Mexico announced Thursday that Ferromex, the largest railroad company in Mexico, expects to invest $134 million for the year, mainly on infrastructure renewal, Octavio Ornelas, a director of the company’s transportation arm, said on a conference call for investors. He also said Grupo Mexico’s board authorized the acquisition of 44 new locomotives, which will increase cargo capacity by 7.5%.
Grupo Mexico said a proposed merger of Ferromex and Ferrosur, another railroad that is part of its transportation division, could come by the first quarter of next year, depending on approval by Mexico’s Competition Commission.
Antitrust regulators objected to the merger, but in May a federal court ruled in Grupo Mexico’s favor and said the commission should consider the merger approved. The commission could still appeal that decision.
Transportation Certification Services (TCS) has providedspring and summertime training to rail workers in six North America locations,offering training in varied disciplines involving Safe Rail Operations, Locomotive Engineering, Service Engineering, Locomotive Inspection, Commuter Coach Inspection, and Equipment Operations.
TCS trained equipment operators for Kawasaki Rail Car at Metro-North Railroad’s New Haven, Conn., terminal. Equipment operators were trained to run electrified cars in order to bring them from the Metro-North delivery track to Kawasaki’s facility for testing, warranty work, or retrofitting. Training consisted of safety procedures, operating practices, blue signal protection, safely securing, and operating equipment. Kawasaki Rail Car will provide M-8 passenger rail cars which will be used on both Metro-North’s New Haven Line and the Connecticut DOT’s Shore Line East Service.
TCS also trained employees of the Erskine Grain Terminal in Erskine, Minn., in safe operating practices and locomotive train handling, including the use of distributed power to safely unit trains of grain at the 1 million bushel facility. Erskine Grain Terminal is located on the BNSF mainline and loads 110 car unit trains of soy beans, wheat, or corn.
TCS trained its third and fourth classes of train equipment operators for Minnesota’s North Star Commuter Rail service at its Big Lake, Minn., facility in May and June. TCS trained the first two classes of equipment operators in 2009.
In Canada, TCS trainers were in Toronto offering recertification training for GO Transit’s commuter operations engineers. TCS has been training GO engineers since 2007 as a training partner of Bombardier Transportation, GO’s rail operator. TCS has also recently been training Locomotive and Car Inspectors for Bombardier.
Dennis J. Duffy, vice chairman-Operations of Union Pacific and the longest-serving head of the operating department in company history, has decided to retire this fall, UP announced Friday. UP has named Lance M. Fritz executive vice president-Operations, effective Sept.1, with responsibility for all aspects of Union Pacific’s railroad operations.
Duffy joined the company in 1973 and has held positions in the Finance, Marketing & Sales, and Operating departments.
“Dennis has incredible industry knowledge, a keen sense of anticipating what it takes to help us grow with our customers, and a tireless work ethic,” said James R. Young, Union Pacific chairman, president, and chief executive officer. “His unwavering commitment to our company’s values of focusing on safety, service, and performance, ensuring high ethical standards, and working as a team has led Dennis to make many significant contributions to Union Pacific. We are grateful for his service.”
Fritz joined the company's Marketing & Sales organization as vice president-Energy in 2000, having previously served as regional vicepresident-Northern Region, regional vice president-Southern Region, and vice president-Labor Relations prior to being named vice president-Operations in December 2009.
“Lance has a proven record of success in each of his areasof responsibility,” Young said. “The combination of his experience, vision and leadership makes him the right person at the right time to lead our Operating Department.”
TTCI’s “integrated freight car truck concept” is the next step in improved performance and reliability.