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Norfolk Southern names Graab VP Mechanical
Norfolk Southern Corp. has named Donald D. Graab vice president mechanical, headquartered in Atlanta, effective March 1. Graab succeeds Tim A. Heilig, who retires after 41 years with Norfolk Southern.
L.B. Foster reports 4Q earnings
L.B. Foster Thursday reported fourth-quarter net income of $6.1 million, or 60 cents per diluted share, compared to $6.2 million or 60 cents per diluted share, in the same quarter of…
RRIF loan will finance 30 KCSR locomotives
Kansas City Southern Railway Company (KCSR) has taken out a $54.6 million Federal Railroad Administration-administered Railroad Rehabilitation and Improvement Financing (RRIF) Program loan to purchase 30 new General Electric ES44AC…
Wabtec sets record sales for 2011
Wabtec Corp. Tuesday reported sales of $1.97 billion and GAAP earnings per diluted share of $3.51, both records, for 2011. Non-GAAP EPS was $3.70, excluding special items disclosed in the second quarter.
Hotstart APUs selected for two projects
Montana Rail Link (MRL) and the Northeast States for Coordinate Air Use Management (NESCAUM) have contracted with international engine heating technology company Hotstart to provide APUs (Auxiliary Power Units) on…
CF Rail Services launches new website
Rosemont, Ill.-based CF Rail Services, has announced the launch of its updated website, which it says incorporates all of the company’s locations and branded shops under one web address.
Rail demand for Timken bearings grows
The Timken Co. Friday reported record sales of $5.2 billion for 2011, up 28% from 2010 on "strong demand from diverse industrial markets,” including the railroads., (The growing railroad market…
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