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2012 Guide to Equipment Leasing
Most years when we tackle this special issue on leasing, we lead with an article on “operating” leasing. We do this because many of our readers are operating lessors or…
NJT’s ALP-45DP enters revenue service
New Jersey Transit’s newest locomotive made its first revenue service run May 30. The ALP-45DP (dual-power), described by NJT as a “hybrid” locomotive in that it operates under AC-catenary electric…
Talgo, Inc. displays Series 8 trainsets
Talgo, Inc. opened its Milwaukee factory Sunday to visitors interested in seeing the company's Series 8 trains, manufactured for use by Amtrak on its Hiawatha service linking Milwaukee and Chicago.
Europorte, Alstom enter rail freight partnership
Europorte, the rail freight subsidiary of the Eurotunnel Group, and Alstom on Thursday announced they have signed a partnership agreement covering the maintenance of 17 Alstom manufactured Prima locomotives now…
GE signs MOU for Kazakhstan diesel plant
Erie, Pa.-based GE Transportation on Wednesday said it has signed a Memorandum of Understanding with TransMashDiesel and JSC National Company Kazakhstan Temir Zholy (KTZ) to establish a diesel engine manufacturing…
Alstom absorbs DB share of joint venture
Alstom said Tuesday it and DB Mobility Network Logistics AG have signed a contract for the takeover of the 49% stake held by DB Mobility Network Logistics AG in the…
Traktionssysteme Austria adds U.S. office
Traktionsysteme Austria (TSA), a supplier of rail vehicle propulsion system components, has established a U.S. presence with Traction Systems, Inc., which will directly serve customers in North America.
NS adds to heritage locomotive roster
Norfolk Southern said Thursday it has added the Monongahela Railway to the legacy railroads that the company is honoring with its 30th anniversary heritage paint schemes, bringing to 20 the…
NYC subways adding 28 locomotives
MTA New York City Transit on May 1 took delivery of the first of 28 new diesel-electric locomotives it is acquiring from Wabtec subsidiary MotivePower, Inc.
NS shop: "Unprecedented safety milestone"
Norfolk Southern reports that employees at its Enola Locomotive Shop made history in March "as the first in the company to surpass 2 million employee-hours without an injury."
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