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Rail News: Rail Industry Trends
10/19/2009
Rail News: Rail Industry Trends
Updates from Gannett Fleming, Westway Group, Railinc and Transportation Certification Services
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• Gannett Fleming was selected by the Federal Transit Administration (FTA) to oversee and provide technical assistance for “major” FTA-funded projects, according to a prepared statement. Gannett Fleming will provide oversight services and technical assistance to potentially more than $10 billion in “mega transit” and rail capital improvement projects that range in budget from $200 million to $6 billion, primarily in northern and northwestern California, the company said.
• On Friday, Westway Group Inc. announced that wholly owned subsidiary Westway Terminal Cincinnati L.L.C. had completed the acquisition of the storage assets, contractual relationships and property of Cincinnati’s Southside River-Rail Terminal Inc., one of the largest independent, full-service bulk liquid handling facilities in the U.S. Midwest, according to a prepared statement. The purchase price: about $20 million in cash. The facility, which is adjacent to an existing Westway-owned liquid animal feed supplement operation and CSX Transportation lines, is located within 600 miles of 50 major metropolitan areas, the company said.
• Railinc Corp. was selected as a finalist for the 2009 North Carolina Technology Association (NCTA) 21 Awards in the “Industry-Driven Technology Company” category. The awards honor companies and individuals in 21 categories that represent the “best and brightest” in technology and business, according to a prepared statement. Winners will be recognized at a Nov. 12 ceremony presented in conjunction with title sponsor Grant Thornton.
• Transportation Certification Services (TCS) recently began the first class of engineer training for Archer Daniels Midland (ADM) at the agricultural processor’s Columbus, Neb., facility. TCS will train 13 engineers and their managers to safely handle unit trains delivered to the facility by BNSF Railway Co. Classroom instruction includes training courses on operating rules, hazardous materials, air brake rules and train handling. Each student also must complete on-the-job training and pass a final test to be certified as engineers.
• On Friday, Westway Group Inc. announced that wholly owned subsidiary Westway Terminal Cincinnati L.L.C. had completed the acquisition of the storage assets, contractual relationships and property of Cincinnati’s Southside River-Rail Terminal Inc., one of the largest independent, full-service bulk liquid handling facilities in the U.S. Midwest, according to a prepared statement. The purchase price: about $20 million in cash. The facility, which is adjacent to an existing Westway-owned liquid animal feed supplement operation and CSX Transportation lines, is located within 600 miles of 50 major metropolitan areas, the company said.
• Railinc Corp. was selected as a finalist for the 2009 North Carolina Technology Association (NCTA) 21 Awards in the “Industry-Driven Technology Company” category. The awards honor companies and individuals in 21 categories that represent the “best and brightest” in technology and business, according to a prepared statement. Winners will be recognized at a Nov. 12 ceremony presented in conjunction with title sponsor Grant Thornton.
• Transportation Certification Services (TCS) recently began the first class of engineer training for Archer Daniels Midland (ADM) at the agricultural processor’s Columbus, Neb., facility. TCS will train 13 engineers and their managers to safely handle unit trains delivered to the facility by BNSF Railway Co. Classroom instruction includes training courses on operating rules, hazardous materials, air brake rules and train handling. Each student also must complete on-the-job training and pass a final test to be certified as engineers.