L.B. Foster announces sale of substantially all the operating assets of its Chemtec Energy Services, L.L.C. precision measurement products and systems business located in Willis, Tex., to a private buyer. Also, Genesis Electronics Group, Inc. (GEGI) signs a letter of intent with Taylor Transport.
Genesis Electronics Group
Oliver Wyman releases MultiRail Web, a rail service-design planning platform that can be hosted on premises or in the cloud. Also, Salt Lake City, Utah-based Genesis Electronics Group acquires Glīd, LLC, whose “patent-pending technology” is slated to offer a new way of shipping existing semi-trailers via rail.