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CIT Rail orders 3,000 tank cars
CIT Group Inc. announced Monday, July 30, that railcar lessor CIT Rail has ordered an additional 3,000 tank cars from multiple manufacturers. Deliveries are to begin in 2014.
Locomotive orders aid GE Transportation 2Q
GE Transportation reported $1.6 billion in second-quarter 2012 revenue, up 27% year-over-year, and a segment profit for the quarter of $282 million, up 58% from $178 million in the second…
GE, UP herald 5,000th Evolution Series locomotive
Erie, Pa.-based GE Transportation Friday announced the rollout of the 5,000th Evolution Series Locomotive, in production since since 2005.
Wabtec wins Australia ECP order
Wabtec Corp. announced Tuesday that it has signed a contract valued at about $28 million to supply electronically controlled pneumatic (ECP) braking equipment for 159 locomotives operated by Rio Tinto, a mining company…
Hawthorne named NYAB president
New York Air Brake has appointed Michael J. Hawthorne as president, effective July 1, 2012, upon the retirement of J. Paul Morgan.
GE expands New York battery factory
General Electric Co. Tuesday said it will expand its new, advanced manufacturing battery factory in Schenectady, N.Y., which is part of the company's new Energy Storage business.
Alabama port railway gets GenSet switcher
R.J. Corman Railpower Locomotives Wednesday said an RP14BD GenSet Switcher is destined for the Alabama State Port Authority's Terminal Railway (TASD).
Sygnet Rail Technologies lands Brazil agreement
Sygnet Rail Technologies Tuesday announced it has entered into an agreement with EIF Locomotivas of Brazil to assist in the supply of four locomotives to Sao Paulo Metropolitan Train Company…
Locomotives with sustaining power
Railroads have always been fuel efficient. Locomotive manufacturers find themselves well-positioned to improve that efficiency still more, matching or exceeding expectations of governments worldwide.
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."
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.
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