C&S

What Happened to Stop, Look and Listen?

The news on July 26, 2019 of the derailment at speed of Amtrak 393 at University Park, Ill., due to a careless truck driver created a PTSD-like reaction for me. Instantaneously, I thought back to the derailment of Amtrak 59 at Bourbonnais, Ill., the night of March 15, 1999. Despite denials, this wreck was due to the overt negligence of a driver attempting to beat fully functional grade crossing warning devices with a truck loaded with 22 tons of steel pipe. Regrettably, the driver’s reckless behavior resulted in 11 people killed; much equipment was destroyed in the ensuing fire.

Wabtec Offering Additional GE Shares

Wabtec Corp. recently filed a 20,485,156 share offering of GE, and expects to grant the underwriters a 30-day option to purchase up to an additional 2,048,515 shares. Wabtec said it will not receive any proceeds from the sale of the shares in the offering.

Alexy named FRA chief safety officer

Karl Alexy has been named the Associate Administrator for Railroad Safety and Chief Safety Officer of the Federal Railroad Administration (FRA). He was most recently the FRA’s Deputy Associate Administrator for Railroad Safety and had responsibility for the Office of Safety Analysis, the Office of Technical Oversight and the Office of Regional Operations.

Reading & Northern Promotes Two

Reading & Northern Railroad recently announced the promotions of Jonathan Barket to Vice President of Communications and Signals and Matthew Collins to Assistant Vice President of Communications and Signals.