Confirming a change by its contract partner, Caltrans amended its $317-million contract for new passenger cars, replacing Nippon Sharyo with Siemens, which will join with Sumitomo Corp. of America to fulfill the delayed multi-state order. Other details of the order were changed as well.
The Greenbrier Companies on April 28 announced the opening of GBSummit, an 80,000-square foot railcar axle machining facility in San Bernardino, Calif.
Sumitomo Mitsui Banking Corp (SMBC) announced Dec. 19 that its railcar operating lessor and fleet management business, SMBC Rail Services LLC (SMBC Rail), has signed an agreement to purchase American Railcar Leasing LLC (ARL) from Icahn Enterprises L.P.
Sonoma-Marin Area Rail Transit (SMART) service “is two years away from the start of passenger service between the Sonoma County Airport and downtown San Rafael” in northern California, and the project “is on solid financial footing,” according to SMART Chief Financial Officer Erin McGrath.
