Wabtec Corp., in reporting results for its 2017 fourth quarter and full year, and issuing 2018 financial guidance, referred to 2017 as “a year of transition” in which the company “made excellent progress on the Faiveley Transport integration and continued to invest in worldwide growth opportunities,” according to President and CEO Ray Betler.
U.S.-based large vehicle wash system manufacturer Westmatic Corp. of Buffalo, N.Y., a subsidiary of the Westmatic Group, has appointed Christian Jordan Director of Operations.
The Railway Supply Institute (RSI) is now accepting 2018/2019 school year applications for its annual RSI undergraduate scholarship, which has been renamed the Thomas D. Simpson Annual Undergraduate Scholarship in honor of RSI’s newly retired president.
American Railcar Industries announced that its Board of Directors has appointed John O’Bryan as president and chief executive officer. O’Bryan had been serving as president and interim chief executive since January 1.
Mike O’Malley began his tenure as President of the Railway Supply Institute (RSI) on Feb. 1, 2018 taking over for Tom Simpson, who has retired.
Despite a significant slowing in commodity traffic during the second half of last year, demand for railcars was relatively stable in the fourth quarter, according to the most recent report from Economic Planning Associates. After 8,671 cars were ordered in the third quarter, orders for 8,501 cars were placed in the fourth quarter.