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Whitmore acquires QHi Rail Ltd.
Rockwall, Tex.-based Whitmore Manufacturing Co., a producer of component protection technology, announced Monday it has acquired QHi Rail Ltd., a British-based manufacturer of gauge face and Top of the Rail…
Wabtec wins Australia locomotive order
Wabtec Corp's MotivePower subsidiary will build 10 locomotives for CFCLA Rail JV Pty Ltd., a joint venture of CFCL Australia Pty. Ltd. and Marubeni Corp. of Tokyo, the company announced Tuesday.
L.B. Foster sales and backlog grow
L.B. Foster Co., which supplies and distributes products and services for rail, construction, energy, and utility markets, has reported net income of $3.4 million or 33 cents per diluted share,…
GWI 1Q net income rises modestly
Genesee & Wyoming Inc. early Tuesday reported net income in the first quarter of 2012 of $22.2 million, up from $22.1 million in the first quarter of 2011. GWI's diluted…
Amtrak updates fleet strategy plan
Amtrak on Monday publicly unveiled its Amtrak Fleet Strategy Plan Version 3.1, an 82-page document designed to explain Amtrak's desire to implement a systematic approach to replacing the carrier's aged…
Rail Group aids Trinity Industries 1Q profit
Dallas-based Trinity Industries Inc., aided by its Rail Group, late Wednesday reported a first-quarter net profit of $52.9 million or 66 cents per share, compared with $24.2 million, or 30…
GATX Rail: Car utilization and earnings high
GATX Corp. reported Thursday that its Rail segment earned a profit of $58.6 million in the first quarter of 2012 vs. $51.6 million in the year-ago quarter. GATX said the improvement was…
RailAmerica: Operating income up 57%
RailAmerica, Inc. reported late Wednesday that first-quarter revenue increased 15% to $143.4 million from $124.9 million in the first quarter last year. 2011. Freight revenue increased 10% to $107.8 million with average revenue…
DOT seeking 100% “American” passenger cars
The U.S. Department of Transportation has issued a $551 million Request for Proposals (RFP) for 130 new “standardized” bilevel passenger railcars for use on Amtrak’s intercity routes in California, Illinois,…
GE Transportation reports strong revenue gain
Erie, Pa.-based GE Transportation Friday reported a "segment profit" of $232 million in the first quarter of 2012, up 48% from the same quarter a year ago. Revenue of $1.3…
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