Report: FreightCar America to Close Roanoke Plant
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.
News
Percy Set to Join Cad Railway
Greg Percy will be joining Cad Railway Industries as Executive Vice President, Passenger Services and Strategic Planning, effective Nov. 18, 2019.
NICTD Receives Environmental Award
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.
SBCTA: First U.S. Hydrogen Fuel Cell MU
San Bernardino County Transportation Authority (SBCTA) has awarded a contract to Stadler for a hydrogen fuel cell multiple-unit trainset* that will be the first of its type to operate in the U.S. The contract includes an option for four additional vehicles.
HUBER+SUHNER Extends Railway Portfolio
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.
Mitchell Named CCO of TrinityRail
Trinity Industries, Inc. recently named Gregg B. Mitchell the Chief Commercial Officer of TrinityRail.
Amtrak Reveals Next-Gen Acela Express Prototype
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, 1945 – 2019
Jackie (Jack) Wells Matthews, founder and CEO of JMA Railroad Supply Company of Seymour, Ind., passed away Oct. 3, 2019 at his home.
KCS Announces $550MM ASR Program
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.
AAR: FORR NPRM “Unlawful”; SMDA Should Be Limited in Scope
The Association of American Railroads (AAR) on Nov. 12 filed comments with the Surface Transportation Board (STB) regarding two NPRMs (Notice of Proposed Rulemakings): Final Offer Rate Review (FORR) and Streamlined Market Dominance Approach (SMDA). The former, AAR said, should be scrapped because it is “unlawful” and lacks standards. The latter requires substantial limitations in scope.