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Rail News Home Rail Industry Trends

4/16/2010



Rail News: Rail Industry Trends

Updates from EMD, Ansaldo STS USA, RailComm, Milestone Equipment, Banyan Rail Services and NXDN Forum


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• Electro-Motive Diesel Inc. opened a new traction motor maintenance, rebuild and overhaul facility in San Luis Potosi, Mexico. The new 110,000-square-foot facility began operations in March and is expected to employ more than 150 people at full capacity.

• Ansaldo STS USA appointed Susan Keaney vice president, program management. She will be responsible for developing and refining program management strategies. Keaney previously served Westinghouse Electric Co. in various capacities. Ansaldo STS USA also named Melinda Rombold vice president, human resources. Most recently with Redzone Robotics, she will be responsible for developing human resources strategies, policies and objectives.

• RailComm has been contracted to provide a track warrant control system for the Wisconsin and Southern Railroad Co. RailComm’s Domain Operations Controller train control system will be accessed through a Web-enabled software-as-a-service delivery model. Through the system, trains can be remotely dispatched by Wisconsin and Southern wherever an Internet connection is available.

• Milestone Equipment Corp., a lessor of intermodal domestic containers, has acquired 11,700 domestic 53-foot containers since fourth-quarter 2009. The containers have been leased to railroads and logistics companies in six separate transactions.

• Banyan Rail Services Inc. registered a net loss of $47,669 for the year ended Dec. 31, 2009, compared with a net loss of $562,836 in 2008. On Sept. 1, Banyan Rail acquired The Wood Energy Group, a railroad tie reclamation/energy generation company. Banyan Rail’s operating revenue for 2009 totaled $1.14 million, which reflects four months of operating Wood Energy under Banyan’s ownership.

• Three new members were added to the NXDN Forum during the general meeting in Las Vegas: Connect Systems Inc., Hoag Electronics Inc. and Pyramid Communications. The forum was established to promote the NXDNTM digital air protocol for use with 6.25 kHz and 12.5 kHz narrowband technology.