Cathcart Rail (Cathcart) is expanding its railcar repair facility in Kansas City, Mo. Also, Buffalo Rail & Infrastructure Corporation (Buffalo) acquires Canfor Pulp Products’ pulp mill assets, including 300-plus acres of heavy industrial land, in Taylor, B.C.; and the Virginia Commonwealth Transportation Board (CTB) approves increasing the Rail Industrial Access fund.
RAILWAY AGE, FEBRUARY 2024 ISSUE: Railway Age is proud to recognize 25 ‘Fast Trackers’ Under 40 in 2024.
Railway Age is pleased to announce the 25 “Fast Trackers” selected for this year’s 25 Under 40 awards program.
TGS Cedar Port Railroad (TGS), part of Trans Global Solutions, Inc., has contracted with Cathcart Rail (Cathcart) to handle its Baytown, Tex., industrial park’s railcar inspection and repair needs. Cathcart on Nov.
The Indiana Rail Road (INRD) has partnered with Cathcart Rail for the handling of its railcar inspection and repair needs across its 500-mile footprint.
Cathcart Rail has completed its acquisition of the railcar repair business of The Andersons, Inc., and welcomes Nuveen, a leading global investment manager with more than $1.2 trillion of assets under management, as an equity stakeholder alongside Star America Infrastructure Partners, LLC.
Columbus, Ohio-based Carthcart Rail on July 8 completed its acquisition of The Andersons’ railcar repair business. Also, global rail fastening supplier Pandrol has provided an Ultrasonic Rail Testing Kit to SBS Transit Ltd. in Singapore; and Ricardo and Danish firm PantoInspect will bring PanMon pantograph monitoring technology to railroads across North America and Latin America.
Columbus, Ohio-based Cathcart Rail has signed an agreement to purchase The Andersons’ railcar repair business. The deal is expected to close this summer; terms were not disclosed.
American Industrial Transport, Inc. (AITX) has promoted John Ward to Senior Vice President of Repair Services, and brought on a new Vice President of Repair Services and a Plant Manager in Milton, Pa. Also, Indiana Rail Road Company (INRD) has elevated Matt Haire to Assistant Vice President, Information Technology.
Intramotev, a St. Louis, Mo.-based technology startup, has developed an autonomous freight car that can be used in standard railroad interchange service. The vehicle, called the TugVolt, is “currently focused on short-haul routes of 600 miles or less, and designed with standard couplers and air braking that allow it to be hauled in or haul a traditional consist in addition to independent operation,” according to company Co-founder and Chief Executive Officer Timothy Luchini.
