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• Invensys Rail obtained a $44 million signaling contract from Network Rail for the Reading Western Mainlines program in Great Britain. The program’s scope covers the remodeling of the Reading Station area from Sonning to Pangbourne, a new train care depot and four new platforms to increase capacity at and through the station, Invensys Rail officials said in a prepared statement. Under the four-year contract, Invensys Rail will be responsible for the design, supply, installation, testing and commissioning of the signaling works, including new LED signals, gantries and posts, and new lineside equipment.

• The Sin Bundang Line now is in revenue service, operating from Gangnam, Seoul, to Bundang, Seongnam in Korea, Thales officials said in a prepared statement. The line was built via a public-private investment involving Doosan Engineering & Construction Consortium and the government sector. The line features Thales’ SelTrac® communications-based train control system, which includes moving block technology and free space radio for data communication between trains and wayside equipment, and Thales’ NetTrac MT central control system.

• FreightCar America Inc. reported a third-quarter net loss of $2.4 million, or 20 cents per diluted share, compared with a net loss of $200,000, or 2 cents per diluted share, in third-quarter 2010. Revenue rose to $130.1 million compared with $41.3 million a year earlier. The company delivered 1,515 rail cars to customers in the quarter, all of which were new, compared with 600 new cars delivered in third-quarter 2010. There were 2,840 units ordered in the quarter compared with 17 units ordered during the same period a year ago. “The third quarter’s positive operating results reflect improved demand for our rail cars, improved margins and higher operating leverage due to the cost containment efforts implemented in prior quarters,” said FreightCar America President and Chief Executive Officer Ed Whalen in a prepared statement.

• L.B. Foster Co. reported third-quarter net income of $9.7 million, or 95 cents per diluted share, compared with $6.5 million, or 63 cents per diluted share, in the same period a year ago. Third-quarter sales rose 29.6 percent to $37.1 million due to the inclusion of Portec Rail Products Inc. sales, as well as an 8.5 percent sales increase in legacy L.B. Foster business, company officials said in a prepared statement. Bookings for the quarter increased 3.2 percent to $128.7 million compared with $124.8 million a year earlier. Excluding Portec business, bookings were 14.2 percent lower than a year ago. At the end of the quarter, the backlog stood at $153 million, down 25.3 percent compared with last year, and 33.2 percent lower without Portec., L.B. Foster officials said.

• RailComm recently was ranked second in the latest Rochester Top 100 List for dollar and percentage growth, according to a RailComm press release. The list ranks privately held companies according to their three most recent years of revenue growth. Companies must have at least $1 million in revenue for each of those years to be ranked.

• STV has named Silverio Conte vice president and director of systems projects in the Transportation and Infrastructure Division’s Systems Group. Based in Newark, N.J., he will manage major projects, including design services for design/build contracts. Prior to joining STV, Conte served New Jersey Transit for more than 30 years, most recently as deputy general manager for the Infrastructure Engineering Department.