Commuter/Regional

UPDATED: In trying times, wise railroaders shouldn’t clam up

“HOW SAFE ARE AMERICA’S RAILROADS? Lesley Stahl reports on a recent string of crashes on U.S. railroads and the delay in implementing life-saving technology that could have prevented them.” Oh brother. I think you know what CBS 60 Minutes reported on March 3. It’s not pretty. But in my humble opinion, the rail industry can take most of the responsibility for what turned out to be a damaging report, because no one in the rail industry wanted to go on camera. More on that later. Here, after the fact unfortunately, is my attempt to shed light on some of the misconceptions and negative picture of our industry the 60 Minutes program perpetuated.

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.