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Rail News Home Railroading Supplier Spotlight

2/14/2008



Rail News: Railroading Supplier Spotlight

Updates from New York Air Brake, RailComm, STV, Pacer International and RoadLink


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Here’s a summary of the latest developments in the rail supply industry:

• During the next several months, Norfolk Southern Railway will add electronically controlled pneumatic (ECP) brakes to 30 locomotives, 210 new rapid-discharge coal hoppers and 180 upgraded rapid-discharge coal hoppers, according to ECP brake supplier New York Air Brake Corp. The brakes are designed to use electronic communication signals rather than brake pipe reductions to send braking commands from the locomotive to the cars. The brakes provide a smoother ride and safer stops, and enable railroads to operate longer and heavier trains at higher speeds, New York Air Brake said.

• RailComm Inc. modified the existing Domain Operations Controller (DOC®) system at CSX Transportation’s Rice Yard in Waycross, Ga. The company added graphical control functions for 10 additional switch locations and installed its Intelligent Interpreter digital controller/protocol converter to connect directly to the field IO associated with each switch.

• Planning, design and construction management firm STV Inc. named Mark Peterson vice president for the national Transportation & Infrastructure Division. Based in STV’s Los Angeles office, he will be responsible for the firm’s West Coast transportation facility operations.

• Pacer International Inc. recently reported that fourth-quarter revenue increased $38.2 million to $540.2 million and income from operations for the intermodal and logistics segments rose $5.8 million and $100,000, respectively, compared with fourth-quarter 2006 totals. However, consolidated income from operations declined $1.9 million because fourth-quarter corporate expenses included a $3 million bonus accrual compared with a $3.5 million bonus reversal in fourth-quarter 2006. For the full year, revenue increased 4.3 percent while intermodal volume rose 6.1 percent for Pacer’s Stacktrain operation and 4.3 percent for the firm’s Rail Brokerage operation. Income from operations declined $23.8 million to $94.5 million and corporate expenses rose by $5.7 million.

• Intermodal logistics service provider RoadLink recently acquired Seattle-based intermodal trucking service provider West Coast Trucking, which serves railroads, shippers, ocean carriers and intermodal marketing companies. The acquisition will expand RoadLink’s Pacific Northwest and Canadian reach, the firm said.