Locomotives

R.J. Corman secures two new clients

R.J. Corman Railroad Switching Company announced March 19 that it has begun operations for two new customers: New-Indy Containerboard, and a company described as “a market leader in the manufacturing of roofing granules [that] become part of roofing materials seen on millions of homes in the United States.”

Matt Rose at REF 2019: It’s about growth—not cutting

RAIL EQUIPMENT FINANCE 2019, LA QUINTA, CALIF, March 5: BNSF Executive Chairman Matt Rose, nearing retirement, shared his views on the rail industry with Railway Age Editor-in-Chief William C. Vantuono and more than 400 attendees at Railroad Financial Corporation’s annual conference, organized by RFC President and Railway Age Financial Editor David Nahass and his staff. Rose talked extensively about Precision Scheduled Railroading (PSR), business growth, advanced technology and other topics.

More growth planned for UP-CP Can-Am Corridor

The past two decades have been a time of steady growth for Union Pacific’s only route to the Canadian border, running from Hinkle, Ore., north through Spokane, Wash., to Eastport, Idaho. Capacity improvements performed over the past several years, and more scheduled for 2019, are evidence of UP’s commitment to accommodate new business through this seldom-mentioned international gateway.

TTCI names Moreira Executive Director Business Development

Transportation Technology Center, Inc. (TTCI) has named Karalyn Moreira as Executive Director of Business Development. She joins TTCI after spending the past 17 years in Brazil as Commercial Director for Scomi Engineering, Bhd., and as Director of Business Development Operations for HKM Solucoes Tecnologicas.

Wabtec completes GE merger, posts strong financials

Wabtec Corporation has completed its merger with GE Transportation. The combined company, which is expected to boast revenues greater than $8 billion in 2019, has a compelling growth profile—especially as market conditions improve in its industries. Wabtec announced the transaction completion at the same time as its 4Q18 and full-year 2018 financials.