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Rail News Home Railroading Supplier Spotlight

5/5/2015



Rail News: Railroading Supplier Spotlight

Rail supplier updates from Tutor Perini, FreightCar America, Bombardier, Alstom and Dewberry (May 5)


Tutor Perini Corp. has been awarded a $56.3 million contract by Amtrak to construct the 11th Avenue extension to the concrete casing beneath the Eastern Rail Yard in New York City. The contract was funded by a U.S. Department of Transportation "Sandy Resiliency" grant under the 2013 Disaster Relief Act. The project is the next phase of a concrete casing constructed to preserve the future potential pathway of a new train tunnel under the Hudson River into Penn Station, Tutor Perini officials said in a press release.

FreightCar America Inc. yesterday reported a first quarter net loss of $2.1 million versus a net loss of $6.9 million in first-quarter 2014. Revenues for the quarter came in at $92.9 million, down from $212.5 million in the same period last year. Earnings per diluted share amounted to a loss of 17 cents compared with a loss of 58 cents per diluted share last year. A series of production line changeovers and inefficiencies impacted the company's first-quarter results, said FreightCar America President and Chief Executive Officer Joe McNeely in a press release.

Bombardier Transportation has been awarded a contract to supply a 36-vehicle INNOVIA APM 256 automated people mover (APM) system to the Chicago O'Hare International Airport. The contract was jointly awarded to Bombardier and Parsons Construction Group, which is the prime contractor. Bombardier's portion of the contract is valued at $180 million.

Alstom will provide three extra metro trainsets to Switzerland's Transports Publics de la Region Lausannoise SA. Consisting of two cars each, the trainsets will be used along the agency's "line m2," and will be identical to the first 15 trainsets delivered in October 2008, Alstom officials said in a press release.

Dewberry's Rachel Vandenberg has been appointed to the Coalition for America's Gateways and Trade Corridors' executive board. Vandenberg, who joined Dewberry in 2014 after more than 25 years of experience planning multimodal transportation projects, is one of five new appointees to the board.



Contact Progressive Railroading editorial staff.

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