Caterpillar

From Left to Right: George Moubayad, Chief Sustainability and Strategy Officer, Caterpillar; Patrick Watz, Midwest District Transportation Leader, WSP; Matthew Lunemann, Vice President and Engineering Director, Tunneling and Geotechnical Group, STV; and Angel Peña, Vice President for Rail and Transit, Texas/Mountain Region, STV.
  • News

People News: Caterpillar, WSP, STV

Caterpillar, Inc. names George Moubayad as its new Chief Sustainability and Strategy Officer. Also, WSP promotes Patrick Watz to Midwest District Transportation Leader; and STV appoints Angel Peña as Vice President for Rail and Transit in the firm’s Texas/Mountain Region and welcomes Matthew Lunemann as Vice President and Engineering Director in its Tunneling and Geotechnical Practice.

(Shutterstock/ Monton Tiemrak)

25 UNDER 40

RAILWAY AGE, FEBRUARY 2023 ISSUE: Railway Age is proud to recognize 25 ‘Fast Trackers’ Under 40 in 2023.

(Photograph Courtesy of Port of Long Beach)
Commentary

Cowen: Measuring Supply Chain Shifts

A COVID-induced supply chain spiral led to a logistical conundrum that forced shippers and executive teams to adapt to an ever-changing global environment. As the dust begins to settle, we, at Cowen Research, are taking a closer look at the more long-lasting changes across the supply chain and consumers. A multi-sector angle provides insight into the long-term impact for supply chains and beneficiaries of these shifts.

John Newman (right) will succeed Marty Haycraft (left) as SVP of Caterpillar and President and CEO of Progress Rail when Haycraft retires at the end of the year.
  • News

Caterpillar’s Haycraft to Retire

Caterpillar Inc. announced on Oct. 24 that Marty Haycraft, Caterpillar Senior Vice President and President and CEO of Progress Rail, a Caterpillar Company, will retire at the end of 2022 after 32 years of service. He will be succeeded by John Newman.

“EMD has a proud 100-year legacy of providing rail customers with proven technology and innovation,” says Marty Haycraft, Caterpillar’s Senior Vice President and Progress Rail’s President and CEO. (Photograph Courtesy of Progress Rail, a Caterpillar company)

Happy 100th Anniversary, EMD®!

Caterpillar Inc. on Aug. 31 marked the 100th anniversary of EMD®. Founded as Electro-Motive Engineering Corporation, EMD is now a product brand of Progress Rail, a Caterpillar company.

UP said its order with Progress Rail and Wabtec represents “the largest investment in battery-electric technology by a U.S. Class I railroad.” (Photo Courtesy of UP)

UP Acquiring 20 Battery-Electrics for Yard Service

Union Pacific on Jan. 28 reported ordering 10 battery-electric locomotives apiece from Progress Rail, a Caterpillar Company, and Wabtec Corp. for yard testing; the “green” units plus yard infrastructure upgrades will exceed $100 million and support the Class I railroad’s efforts to reach net-zero emissions by 2050.