People News: L.B. Foster, WSP USA
Pittsburgh, Pa.-based L.B. Foster Company has appointed a new Board Chairman. Also, WSP USA has selected a leader for its Asset Management and Business Advisory group.
L.B. Foster
Supply Side: Alliance Shippers/Carrier Transicold, Humatics/Hitachi, L.B. Foster, Mi-Jack/Yardeye
Alliance Shippers Inc. is outfitting its 53-foot trailers and intermodal containers with Carrier Transicold telematics. Also, Humatics, in partnership with Hitachi Rail STS, is a RailTech Technology & Design Innovation Award finalist for 2022; L.B. Foster has been awarded ISNetworld’s RAVS Plus® designation for safety practices; and Mi-Jack Products and Yardeye GmbH are merging their container handling businesses.
A Smooth One
RAILWAY AGE, DECEMBER 2021 ISSUE: High-tech solutions are helping railroads improve the rail/road interface.
Supply Side: Auxo/Genesis Rail Services; Industrial Networks; L.B. Foster; Liebherr
Auxo Investment Partners has acquired Genesis Rail Services, a railroad maintenance company. In addition, Industrial Networks LLC is expanding its rail yard automation system; L.B. Foster’s digital passenger information display units are now accessible for deaf, hard-of-hearing, or visually impaired rail passengers; and Liebherr-Transportation Systems will provide spare parts for Chicago Transit Authority’s 5000-series cars’ electro-hydraulic level control systems.
Foundational Innovations
RAILWAY AGE, OCTOBER 2021 ISSUE: Rail fastening system technology continues to evolve, delivering a tight hold and longer track life in heavy-haul freight, high-speed passenger rail and transit applications.
L.B. Foster Divests Piling Products Division
L.B. Foster Company on Sept. 24 completed the sale of its steel Piling Products division to J.D. Fields & Company, Inc. for approximately $24 million in total proceeds., and is retaining all pre-closing receivables and liabilities associated with the line of business.
High Profile: TTX, L.B. Foster
TTX Co. has promoted Shannon K. Bagato to Vice President of Law-General Counsel, effective Oct. 1. In addition, Jason Bowlin has been elevated to Vice President-Global Friction Management for L.B. Foster’s Rail Technologies & Services business.
L.B. Foster Launches Single-Source Friction Management Services
L.B. Foster’s North American Rail Technologies & Services Group is now offering single-source friction management services for the short line and industrial rail markets.
More Than Just Grease
RAILWAY AGE, JULY 2021 ISSUE: Today’s suppliers are not only providing lubrication and friction management systems that significantly reduce rail wear and fuel expenses, but also developing all-weather products and remote monitoring capabilities that lower the railroads’ cost of ownership—and maximize performance.
L.B. Foster: Bauer to Retire, Kasel to Lead
L.B. Foster on June 25 reported the retirement of President and CEO Robert P. Bauer. Effective July 21, he will be succeeded by 18-year company veteran John F. Kasel, who currently serves as Senior Vice President and COO.