Supply Side: Cubic; Kaleris/Buckeye Mountain; Progress Rail/GB Railfreight
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.