Despite Board approval for entering into a definitive merger agreement with an affiliate of Veritas Capital, Cubic Corp. is considering a new, unsolicited bid proposal. Kaleris, a cloud-based transportation and asset management solutions provider, has teamed with Buckeye Mountain to deliver mobile computing and wireless networking services for rail and truck transportation providers, intermodal companies, and industrial and finished goods shippers. Electro-Motive Diesel Limited has extended its full-service contract with GB Railfreight.
Caterpillar Rail Division
Working with the Rail Division of parent company Caterpillar Inc., Progress Rail/Electro-Motive Diesel is developing two LNG (liquefied natural gas) systems for the EMD 710 Series engine: Dynamic Gas Blending™ (DGB™) and Direct Injected Gas (DIG). “These technologies will allow our customers to utilize natural gas, while maintaining the leading performance and reliability of the EMD 710 engine,” the company says.
Electro-Motive Diesel’s long-anticipated Tier 4 freight locomotive, the SD70ACe-T4, made its debut during Railway Interchange 2015 at BNSF’s Northtown Yard in Minneapolis, Minn.