According to a report from WDBJ7 in Roanoke, Va., FreightCar America will soon wrap up the last of its production orders at its Roanoke facility.
Author: Andrew Corselli
Greg Percy will be joining Cad Railway Industries as Executive Vice President, Passenger Services and Strategic Planning, effective Nov. 18, 2019.
The Northern Indiana Commuter Transportation District (NICTD) recently received an Outstanding Achievement Award for Excellence in Environmental Document Preparation from the Federal Transit Administration (FTA) for its environmental documentation for the West Lake Corridor project.
Following its acquisition of the Kathrein rail antenna portfolio in May, HUBER+SUHNER has introduced an expanded connectivity offering for customers in the railway market.
Trinity Industries, Inc. recently named Gregg B. Mitchell the Chief Commercial Officer of TrinityRail.
Amtrak recently announced the progress on its new high-speed Acela trainsets that it says “will redefine the customer experience on Amtrak’s Northeast Corridor when they enter service in 2021.”
Jackie (Jack) Wells Matthews, founder and CEO of JMA Railroad Supply Company of Seymour, Ind., passed away Oct. 3, 2019 at his home.
Kansas City Southern (KCS) has entered into accelerated share repurchase transactions (ASR Transactions) with Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC for an aggregate amount of $550 million.
The Metropolitan Transportation Authority (MTA) has chosen Anthony McCord as its Chief Transformation Officer as it undergoes its Transformation Plan—“a historic reorganization to improve service and modernize all aspects of operations for the first time in half a century.”
Kansas City Southern’s (KCS) Board of Directors recently approved a new capital allocation policy, under which it intends to deploy available cash in the following manner: approximately 40-50% to capital projects and strategic investments, and approximately 50-60% to share repurchases and dividends.