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Rail News Home Railroading Supplier Spotlight

5/15/2012



Rail News: Railroading Supplier Spotlight

Rail supplier updates from L.B. Foster, Bombardier, Alstom, RailTerm, TUV Rheinland, SourceOne and Cubic (May 15)


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•    L.B. Foster Co. will sell its railway securement business in a transaction expected to be completed by the end of the second quarter, according to a company press release. L.B. Foster acquired the shipping systems division as part of its acquisition of Portec Rail Products Inc. in December 2010. In announcing the decision to sell the unit, the company noted that other industry participants would be a better strategic fit and, therefore, provide better growth potential for business and its employees.

•    Bombardier Transportation has obtained a $31 million order from Bure Equity for seven Bombardier TRAXX F140 AC locomotives. The locomotives are designed for freight transport in Sweden and Norway, with delivery expected in fourth-quarter 2012. Bure purchased the locomotives to lease them to train operator RushRail AB. The contract is one of the largest of its kind in Sweden, according to a Bombardier press release.

•    Alstom has been chosen as the preferred bidder by France’s Lille Metropole to modernize Line 1 of the city’s metro. The $321 million project calls for installing an integrated system that includes an automatic driver system and 27 rubber-tyred metro trainsets to address the expected increase in traffic during the next few years.

•    RailTerm has appointed Marc-André Lamontagne vice president, operations. He has more than 30 years of experience in railway operations. Since joining RailTerm in 2010, he has overseen the company’s U.S. and Canadian train dispatching operations for 22 railways. He also oversees Société du Chemin de fer de la Gaspésie’s operational activities and assists them with present and future business development, according to a company press release.

•    TÜV Rheinland is marking its 140th year of delivering independent certification, testing and assessment services to businesses worldwide. The company began in 1872 to inspect boilers in the districts of Elberfeld and Barmen in Germany. It has grown to become a network of laboratories and test and training centers with 500 locations in more than 60 countries, with 16,000 employees. “We keep our focus on serving customers, achieving success and developing safe and sustainable solutions for the challenges of today’s ever-changing markets,” said Gerhard Luebken, chief regional officer and president and chief executive officer of TUV Rheinland of North America Holding Inc., TUV Rheinland of North America Inc., in a prepared statement.

•    Veolia Energy North America subsidiary SourceOne has obtained a three-year contract to provide guidance and support for electricity and natural gas procurement for the Southeastern Pennsylvania Transportation Authority (SEPTA). The contract was awarded after a competitive public request for proposal for energy consultant services, according to a company press release. As part of the agreement, SourceOne will provide recommendations on best practices for energy management, advising SEPTA staff on strategies for the purchase and management of all agency utilities.

•    Cubic Corp. has named Andy Jazwick vice president of legislative affairs. Jazwick succeeds Jack Liddle, who is retiring after being in the post for the past 15 years. As vice president of legislative affairs, Jazwick will be Cubic’s representative and lobbyist in Washington, D.C. He has more than 25 years of experience in government and public relations, public policy, corporate business development and international affairs and as a senior staffer on Capitol Hill.