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Rail News Home Rail Industry Trends

11/2/2010



Rail News: Rail Industry Trends

Updates from FreightCar America, Mitsui Rail, HDR, Vossloh and American Railcar Industries


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• FreightCar America Inc. recently completed its acquisition of the business assets of DTE Rail Services, a non-regulated DTE Energy subsidiary. The acquired business has been rechristened "FreightCar Rail Services Inc." In September, the freight-car builder announced it had signed a definitive agreement to acquire DTE Rail Services' business assets for $23.2 million.

• Mitsui Rail Capital L.L.C. named Daniel Penovich vice president of sales and marketing. He has 30 years of rail-car industry experience, most recently as GATX Rail Corp.'s vice president and executive director of North America Sales. Before that, Penovich held sales positions with Union Tank Car Co. and North American Car Co.

• HDR named R. Scott Goehri freight railroad market sector director. Goehri, who joined HDR in 1996, has more than 26 years of industry experience, starting with the Missouri Pacific Railroad as a design engineer. His current HDR responsibilities include serving as central region railroad leader and BNSF Railway Co. client manager. Goehri recently was director of Fluor/HDR Global Design Consultants L.L.C.

• The Vossloh Group has entered the Chinese and Russian rail markets. In China, the company recently entered a joint venture with Huaxing and China Railway Material Group that will build a plant in the Anhui province to produce 2,600 switches annually, according to a prepared statement. The plant is scheduled to be built by the end of 2011. Vossloh also recently signed a contract to deliver W30 rail fastening systems to Russian state rail system RZD. The systems will be delivered this year.

• American Railcar Industries Inc.'s Bude, Miss., repair facility recently reached a "significant" safety milestone — 2 million consecutive man-hours worked without a lost-time injury, according to a prepared statement. The facility's previous record — 1,984,746 man-hours worked without a lost-time injury — was set in December 1999.