Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »



Rail News Home Rail Industry Trends

7/9/2010



Rail News: Rail Industry Trends

Updates from TransCore, Greenbrier, VR Mergers & Acquisitions, Georgetown Rail Equipment, RuggedCom and Skelly and Loy


advertisement

• TransCore was contracted to provide a satellite tracking and rail asset visibility system to Atlanta-based utility Southern Co. The system is designed to provide a real-time overview of Southern Co.’s fleet of approximately 16,000 rail cars that serve the company’s power plants throughout the Southeast.

• The Greenbrier Cos. reported fiscal-year 2010 third-quarter revenue of $211.5 million, down from $244.4 million in the third quarter of the prior fiscal year. Net earnings were $4.6 million vs. a net loss of $51.1 million in the prior period. New rail-car deliveries totaled 700 compared with 800 units a year earlier. The new rail-car backlog as of May 31 stood at 4,400 units with an estimated value of $370 million.

• VR Mergers & Acquisitions announced that it has been enlisted to sell a “railroad engineering design company” in the southern U.S., “railroad component manufacturing company" in the U.S. Midwest, “railroad track friction management company” in the U.S. Southeast, “railroad communications and signaling design build company” in the U.S. Southwest, and “track construction company” in the U.S. Southwest, according to a prepared statement.

• Georgetown Rail Equipment Co. named Dan Bateman director of service planning.

• RuggedCom Inc., a provider of communications networking systems designed for applications in harsh environments, received purchase orders totaling nearly $2 million from “major U.S. rail companies,” according to a prepared statement.  

• Sandra Loy Bell, chief executive officer for Skelly and Loy, was recently named one of central Pennsylvania’s 25 Women of Influence of 2010 by Central Penn Business Journal for her career accomplishments, leadership and mentoring, and community involvement, according to a prepared statement.