Latest Rail Industry News
GATX Corporation has appointed Shari Hellerman director investor relations, responsible for all aspects of GATX’s shareholder communications. She succeeds Jennifer M. McManus, who was recently appointed senior vice president, controller and chief account officer.
Union Pacific (UP) has announced that it implemented Positive Train Control (PTC) on 1,113 route miles during the 2019 third quarter, bringing required PTC-operated route miles to 15,791 or 93 percent.
The Fiscal and Management Control Board of the Massachusetts Bay Transportation Authority (MBTA) has awarded a $36 million contract for the Natick Center Station improvement project to Daniel O’Connell and Sons, Inc. The Notice to Proceed is expected to be issued in December 2019.
The Los Angeles County Metropolitan Transportation Authority (Metro) has issued a Request for Proposals (RFP) seeking a pre-development agreement (PDA) from the private sector to jointly develop plans for the
North Carolina & Virginia Railroad Company, LLC (NCVA), a subsidiary of Genesee & Wyoming Inc.
Wabtec Corporation has reported 2019 third quarter results, including GAAP sales of $2 billion and adjusted sales of $2.1 billion. The increase in the quarter resulted mainly from sales from GE Transportation and higher transit sales.