Wilmerding, Pa.-based Wabtec Corp. said Monday, Sept. 8, 2014 it and its subsidiaries will exhibit in Stand No. 103. Hall 1.2, at InnoTrans 2014 in Berlin, Germany, being held Sept. 23-26.
VIA Rail Canada’s second-quarter 2014 financial report shows revenue growth of 3.9% over the comparable quarter in 2013, and improved on-time performance of 8.7 percentage points, from 70.6% in 2014’s first quarter to 79.3% in the second quarter.
Balfour Beatty has announced it has sold its engineering and design consultancy subsidiary Parsons Brinckerhoff (PB) to WSP Global, Canada, for £820 million, or roughly US$1.35 billion (roughly C$1.5 billion).
Loram Maintenance of Way, Inc. on Sept. 4, 2014 announced it has acquired a majority stake in Railway Vehicle Engineering Ltd. (RVEL), based in Derby, United Kingdom.
U.S. freight rail traffic for the week ending Aug. 30, 2014 registered increases in line with the entire month of August, the Association of American Railroads said Thursday, Sept. 4.