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Rail News: Rail Industry Trends
5/18/2010
Rail News: Rail Industry Trends
Updates from Advanced Rail Management, Alstom, RailComm, Skanska and Global Railway
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• Advanced Rail Management Corp. (ARM) has entered into a teaming agreement with FTM Resources to offer ballast evaluation services to the North American rail industry. The agreement makes ARM the only North American contractor to provide the SafeRailSystem ground-penetrating radar system developed by Italy's IDS Spa, ARM officials said in a prepared statement.
• Alstom has launched the first Citadis tramway tests in Algiers as part of a contract that calls for providing 41 Citadis tramways and constructing a 14.2-mile line with 38 stations. The test track in Bordj El Kiffan is approximately 1.2 miles long. Testing will be conducted along the entire line as construction is completed.
• RailComm has provided a GCOR dispatch system for Genesee and Wyoming Inc.'s New York and Pennsylvania region, and Ohio Central railroads. RailComm’s Domain Operations Controller train control system is accessed through a web-enabled software-as-a-service system.
• Skanska has been contracted by New Jersey Transit to design and build a new rail tunnel in New York. The $52 million contract covers the Palisades Tunnel, which is part of the new Trans-Hudson Express Project designed to double NJ Transit’s rail capacity between New Jersey and New York. Work is expected to be completed in December 2013.
• Global Railway Industries Ltd. reported first-quarter revenue of $18.2 million, up 27.3 percent from first-quarter 2009. Net earnings jumped to $89,000 vs. a net loss of $1.5 million in Q1 2009. In addition, the company delivered 12 locomotives in Q1 2010.
• Alstom has launched the first Citadis tramway tests in Algiers as part of a contract that calls for providing 41 Citadis tramways and constructing a 14.2-mile line with 38 stations. The test track in Bordj El Kiffan is approximately 1.2 miles long. Testing will be conducted along the entire line as construction is completed.
• RailComm has provided a GCOR dispatch system for Genesee and Wyoming Inc.'s New York and Pennsylvania region, and Ohio Central railroads. RailComm’s Domain Operations Controller train control system is accessed through a web-enabled software-as-a-service system.
• Skanska has been contracted by New Jersey Transit to design and build a new rail tunnel in New York. The $52 million contract covers the Palisades Tunnel, which is part of the new Trans-Hudson Express Project designed to double NJ Transit’s rail capacity between New Jersey and New York. Work is expected to be completed in December 2013.
• Global Railway Industries Ltd. reported first-quarter revenue of $18.2 million, up 27.3 percent from first-quarter 2009. Net earnings jumped to $89,000 vs. a net loss of $1.5 million in Q1 2009. In addition, the company delivered 12 locomotives in Q1 2010.