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 EMPLOYMENT & NOTICES



Rail News Home Rail Industry Trends

5/5/2009



Rail News: Rail Industry Trends

Updates from Jacobs Engineering, RailRunner, RailComm, FreightCar America and Alstom


advertisement

• Jacobs Engineering Group Inc. subsidiary Jacobs Engineering UK Ltd. had been appointed project representative for the $24 billion Crossrail program by the United Kingdom’s Department for Transport and Transport for London. Jacobs Engineering will provide oversight services to help guide the program’s schedule. Europe's largest construction project, Crossrail is scheduled for completion in 2017. The project calls for the biggest addition to London’s and southeast England’s transit-rail network in 50 years by providing 24 trains per hour in both directions through central London at peak times.

• Container/intermodal transport systems provider RailRunner N.A. Inc. has named Bo Leslie chief marketing officer and vice president of worldwide marketing and sales. He has more than 30 years’ experience in transportation sales and marketing, most recently as executive VP of Quality Distribution Inc. Leslie previously served as VP of sales and marketing for Triple Crown Services and district sales manager-Kansas City Region for Roadway Express.

• RailComm Inc. obtained a contract to provide a wireless remote-control third-rail and switch heater system for Port Authority Trans Hudson (PATH) in New Jersey. The turnkey control system will include RailComm’s heater controllers, which will communicate to a central office via a dedicated data radio network. RailComm’s Domain Operations Controller (DOC®) System, which is installed in the central office, provides the operator with a user interface to control the third rail and switch heaters.

• FreightCar America Inc. reported first-quarter net income of $2.6 million and revenue of $39.6 million compared with a net loss of $10.2 million and revenue of $95.1 million in first-quarter 2008. Rail-car net orders totaled 339 units, representing an 80 percent decrease compared with fourth-quarter 2008 orders of 1,706 units. Car deliveries totaled 974 units, including 374 cars sold and 600 cars leased, vs. 1,287 total units in first-quarter 2008. FreightCar America’s backlog stood at 1,985 units on March 31 compared with 2,620 units on Dec. 31, 2008.

• Propelled by a “solid performance” from its transport and power units, Alstom increased orders 5 percent and drove up sales 11 percent in its latest fiscal year. During the period between April 1, 2008, and March 31, 2009, the company also increased income from operations 19 percent compared with the prior fiscal year. The “substantial rise in profitability” allowed net income to soar 30 percent, Alstom said.