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Rail News Home Railroading Supplier Spotlight

2/20/2013



Rail News: Railroading Supplier Spotlight

Rail supplier news from Lilee Systems, Skanska, Alstom, Con-way, RailRunner and Wabtec (Feb. 20)


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Lilee Systems' TransAir PTC-3000 series locomotive radio has been approved by the Federal Communications Commission (FCC) as the first 220 MHz software-defined radio (SDR), according to a press release. The TransAir PTC SDR is certified for operation under certain FCC rules, which makes it "ideal for operation in the 216 to 222 MHz band," company officials said. The TransAir series targets the heavy freight and passenger-rail markets, and a "significant segment" of the rail industry has chosen the 220 MHz band to implement the wireless component of their positive train control systems, they said.

Skanska U.K. has obtained a five-year contract in a joint venture with Costain to complete the main station works at the new Crossrail Bond Street Station in London. The contract is worth $84 million for Skanska and about $169.7 million for the joint venture, according to a press release. The contract covers the construction of ticket halls, including platform fit-out and mechanical electric services, and interfacing with the tunneling, track and rail power contractors.

Alstom and Transmashholding (TMH) are testing their jointly developed 2ES5 freight locomotive prototype at the Novocherkassk electric locomotive plant in Russia. Testing will include inspection, startup and commissioning of all systems and components using static and dynamic tests. Final tests will occur on the Russian Railways testing ring, according to an Alstom press release.

Con-way Inc. subsidiaries Con-way Truckload and Con-way Multimodal have launched a new, integrated intermodal service. The companies will work with Class Is and provide nationwide service that will emphasize "a unique capacity and differentiated capability for U.S.-Mexico trade," according to a Con-Way press release.

RailRunner N.A. Inc. Vice President and Chief Operating and Technology Officer Wolfgang Graaff next month will return to Germany, where he will assume new responsibilities for the company's European market. He will continue his technology responsibilities as well as for refrigerated transportation equipment, according to a company press release.

Wabtec Corp. reported fourth-quarter net income of $64.8 million, or $1.34 per diluted share, up from $46.3 million, or 96 cents per diluted share, in fourth-quarter 2011. Net sales rose to $610 million from $534.6 million. Income from operations was $101 million in the quarter, or 16.5 percent of sales, compared with $73 million, or 13.6 percent of sales, in the year-ago quarter. For the full 12 months, net income increased to $251.7 million, or $5.19 per diluted share,  from $170 million, or $3.51 per diluted share, in the previous year. Net sales were $2.4 billion in 2012 compared with $1.97 billion in 2011.