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Rail News Home Rail Industry Trends

9/1/2009



Rail News: Rail Industry Trends

Updates from AECOM Technology, ShipXpress, Wi-Tronix and EKE-Electronics


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• AECOM Technology Corp. announced yesterday that it acquired Lim and Nascimento (LAN) Engineering of California. Terms weren’t disclosed. With 44,000 employees around the world, AECOM provides professional technical and management support services to a broad range of markets, including transportation. With nearly 200 employees and seven offices, LAN is a civil and structural engineering firm that specializes in transportation infrastructure. Services include program/project management, design development and construction management for freeways, interchanges, highways, railroad grade separations and transit/rail infrastructure.

• After implementing ShipXpress’ RailSync® Concur freight revenue management system in January, the Indiana Harbor Belt Railroad (IHB) realized a 90 percent reduction in claims during the first quarter compared with the total recorded during the same 2008 period, said IHB Senior Director Michael Rader in a statement issued by ShipXpress. RailSync Concur is a Web-based application that interfaces with Railinc’s Interline Settlement System, the rail industry’s processing hub that facilitates the electronic exchange of freight settlement between interline railroads.

• Wi-Tronix® L.L.C. is celebrating five years in business as a supplier of mobile asset monitoring technology for the rail industry. Founded in 2004 by Larry Jordan and Michael Heilmann, the company now has more than 40 full-time employees serving rail, maritime, mining operations and other industries that need to monitor “high-value mobile assets,” according to a prepared statement.

• EKE-Electronics Ltd., a Finnish-based supplier of intelligent train systems, appointed Göran Lindblad director of sales and marketing.