Germany’s Federal Cartel Office has approved CRRC Zhuzhou Locomotive’s acquisition of Vossloh Locomotives, saying its concerns do not justify rejecting the merger.
Progress Rail, a Caterpillar company, has signed an agreement to acquire Vossloh North America subsidiary Cleveland Track Material (CTM). With facilities located in Cleveland, Ohio; Reading, Pa.; and Memphis, Tenn.; CTM has served as a supplier of specialty trackwork to North American Class I and transit railroads since 1983.
Vossloh has made a number of leadership changes in the North American region.
Rail grinding service providers offer profile correction, modification, and restoration.