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Rail Equipment Finance 2014 roundup
For those of you unable to join the more than 400 attendees at Rail Equipment Finance 2014, “Financial Edge” is here to help.
Miller Ingenuity acquires Larry McGee Co.
Winona, Minn.-based Miller Ingenuity (formerly Miller Felpax), a supplier of gear case seals, locomotive truck parts kits, and heavy-duty wear parts, has acquired Buffalo Grove, Ill.-based Larry McGee Co., a…
Siemens given notice to proceed on passenger locomotives
The Illinois Department of Transportation, on behalf of the states of Illinois, California, Michigan, Missouri, and Washington, on March 18, 2014 formally granted the Siemens Rail Systems Division an official…
Transnet: 1,064 locomotives, $5 billion
Transnet, South Africa’s state-owned freight transport and logistics company, on March 17, 2014 awarded US$4.7 billion in contracts for 1,064 locomotives to four global original equipment manufacturers—General Electric South Africa…
Exhibit space sales to open for RSI/CMA 2014
Exhibit space sales for RSI/CMA 2014, the Railway Supply Institute’s annual trade show, will begin Monday, March 17, 2014. Sponsorship sales for both RSI/CMA and Canadian Rail Summit 2014, hosted…
Norfolk Southern unveils GoRail locomotive
GoRail and Norfolk Southern on March 12, 2014 unveiled a specially painted locomotive commemorating the 10th anniversary of GoRail, the non-profit grassroots organization dedicated to educating the public about the…
REF 2014: What’s moving in what, and why
It is a truth universally acknowledged that railroads exist to haul stuff. Market share and operating ratios are about how stuff is moved, and finance is about how you pay…
CN’s Mongeau to keynote RSI/CMA 2014
CN President and Chief Executive Officer Claude Mongeau will be the keynote speaker at RSI/CMA 2014 on Monday, Sept. 22 in Montréal, Québec.
CN 2014 capex: C$2.1 billion
CN announced on Feb. 19, 2014 a capital investment plan worth approximately C$2.1 billion (US$1.9 billion) “to continue to raise network safety and efficiency, improve service, and grow the business.”…
EMD protests locomotive contract award
Electro-Motive Diesel has filed a formal protest with the Illinois Department of Transportation over the Multi-State Locomotive Procurement contract for up to 35 125-mph diesel-electric locomotives, for which Siemens Industry…
FEC taps GE Transportation for 24 locomotives
Jacksonville, Fla.-based Florida Florida East Coast Railway, LLC (FEC) announced Thursday, Jan. 30, 2014 it will acquire 24 new ES44C4 locomotives from Erie-Pa.-based GE Transportation.
NRHS sets RailCamp 2014 agenda
The National Railway Historical Society each summer sponsors RailCamp, a venue that gives hands-on contemporary railroading and railroad preservation experience to high school students, allowing them to interact directly with…
Siemens lands high-performance passenger locomotive order
The Illinois Department of Transportation (IDOT) has issued a Notice of Intent to Award to Siemens Rail Systems USA for approximately 35 high-performance diesel-electric locomotives for several Midwestern and West…
RSI accepting 2014-2015 scholarship applications
The Railway Supply Institute (RSI) is now accepting 2014-2015 school year applications for the RSI Scholarship Program, which provides a minimum of five $5,000 scholarships each year. Since 1989, RSI…
AAR sets Associate Advisory Board seats
The Association of American Railroads has established its Associate Advisory Board (AAB) seats for calendar years 2014-2015. The AAR received more than 70 nominations for 32 seats on AAR committees.
Siemens, Cummins team for Tier 4 passenger locomotives
Siemens Rail Systems and Cummins jointly announced a partnership on Dec. 3, 2013 that they said "will bring one of the most modern and efficient passenger rail, diesel-electric locomotives in…
Colas Rail orders 10 GE Class 70 PowerHauls
GE Transportation and Colas Rail Ltd., one of Europe’s largest providers of rail infrastructure services, have signed an agreement for GE to provide 10 Class 70 UK PowerHaul Series locomotives.
U.S. suppliers to expand InnoTrans presence
The U.S. railway supply industry, through its principal trade and professional associations, will be increasing its presence at InnoTrans 2014, with a goal of increasing export business. Over the period…
GE, CSX partner to advance LNG locomotives
CSX Corp. and GE Transportation announced an agreement Wednesday, Nov. 13, 2013, to explore emissions-cutting and efficiency breakthroughs in Liquefied Natural Gas (LNG) technology for locomotives, beginning with a pilot…
A closer look at LNG
Over its roughly 200 years of history, the North American railroad industry has been shaped by numerous technological milestones, among which are steel rail, automatic knuckle couplers, air brakes, signals,…
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