Latest News Continued
Xorail Inc., a subsidiary of Wabtec Corp., said Wednesday it has signed a $165 million contract to design and install Communications-Based Train Control (CBTC) for MRS Logistica, which operates the Southeastern Federal Railroad Network in Brazil. ...
Highway-rail and trespassing accidents are responsible for more than 95% of all fatalities reported by U.S. railroads, the Federal Railroad Administration's Office of Safety Analysis noted as it released preliminary accident/incident statistics for calendar 2010. The report said trespa ...
South Florida Regional Transportation Authority’s (SFRTA) governing board has approved a contract for the construction of 10 passenger locomotives by Brookville Equipment Corp. for its Tri-Rail regional rail service serving Miami-Dade, Broward, and Palm Beach counties in southeastern Flor ...
In a  letter addressed “To the Shareholders of Berkshire Hathaway Inc.” dated February 26, Chairman Warren E. Buffett hailed the holding company’s acquisition in 2010 of BNSF Railway as a key factor in the company’s successful year and, as well, its bright future. ...
Norfolk Southern late Monday said Erskine B. Bowles has been elected a director of the corporation. Bowles s ...
What would E. H. Talbott, Railway Age’s first editor, think of social media? I’m sure that at the very least, he’d be skeptical at first. Social media like Facebook and Twitter, like the title of the final Star Trek movie with the full original cast (William Shatner, Leonard Nimoy, etc.), i ...
A railroad’s infrastructure may not always be thought of as a profit center, but how productively it’s built and maintained ...

Growth, planning goes on through budget crises

Rosement, Ill.-based CF Rail Services, a subsidiary of Chicago Freight Car Leasing, said Monday it has acquired Waycross, Ga.-based Mobile Railcar Cleaning Co., which will operate under a new name, Waycross Railcar. Waycross Railcar is located near both CSX and Norfolk Southern operation ...
Wabtec Corp. said Monday it has acquired Brush Traction Group, a British-based provider of locomotive overhauls, services, and aftermarket components, for about $31 million. With facilities in Loughborough, England, and Kilmarnock, Scotland, the company has annual sales of about $55 million. Wabte ...
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