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Rail News: Railroading Supplier Spotlight
12/15/2011
Rail News: Railroading Supplier Spotlight
Updates from AECOM, Bombardier, BASF, HDR, Trinity, CIT and Schneider National
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• AECOM Technology Corp. has obtained a $10.6 million contract for the second phase of the New Orleans Streetcar Expansion Project in the Rampart/St. Claude Corridor, AECOM officials announced. Under the contract, AECOM will prepare final design documents for the second phase, which spans more than a mile from an existing Rampart/St. Claude transit corridor in the heart of New Orleans and serves the French Quarter, as well as other historic neighborhoods. AECOM also will provide two environmental assessments for proposed future extensions of the St. Claude and Loyola lines.
• Bombardier Transportation has received orders to supply 78 additional Flexity Swift high-floor light-rail vehicles (LRVs) and 10 Flexity Classic trams to the Frankfurt Transport Authority, VGF, in Germany. The orders, which are options exercised under two contracts signed with VGF in March 2006 and June 2002, are worth $219 million and $29 million, respectively. The new LRVs are scheduled to be delivered between January 2014 and June 2017; the new trams will arrive in Frankfurt/Main between August and December 2012, according to a Bombardier release.
• BASF ordered from Vossloh Locomotives 22 modular center-cab locomotives for mainline and shunting services at BASF locations in Ludwigshafen and Schwarzheide, Germany, and Antwerp, Belgium. BASF and Vossloh also reached an agreement on vehicle fleet maintenance and parts logistics. The contract is valued at about $52.2 million. In the future, BASF expects to employ 16 G 6, four DE 12 and two DE 18 locomotives provided by Vossloh. All 22 units will be engineered to a common modular platform, according to a BASF release.
• HDR Inc. has announced a new executive management team because Chairman and Chief Executive Officer Richard Bell, who has served the company for 37 years, will retire at year’s end, according to a company press release. As of Tuesday, George Little assumed the post of chairman, CEO and president. Little has served as president of HDR Engineering Inc. since 1997, and is vice chairman. Eric Keen, who joined HDR in 1993, will become president of HDR Engineering. He has served as executive vice president of the transportation business group since 2004. Doug Wignall, who has served HDR since 1991, will become president of HDR Architecture Inc. Meanwhile, Bell will continue to serve on HDR’s board.
• Gail Peck and Heather Perttula Randall have been promoted to vice presidents of Trinity Industries Inc. Peck joined Trinity in May 2010 as treasurer. She is responsible for the corporate treasury, investor relations, credit and business services functions. Randall joined Trinity in April 2005 as chief counsel of TrinityRail. In 2006, she became deputy general counsel in charge of litigation for Trinity. In her new post, she will serve as vice president of legal affairs and government relations.
• CIT Group Inc. has appointed Richard Green president of CIT Europe. He will oversee the European operations of CIT Corporate Finance and CIT Vendor Finance. Green will report to CIT Group Inc. President Nelson Chai. Prior to his appointment, Green served as managing director of CIT Vendor Finance, Europe. Before joining CIT, he worked for GE, most recently as CEO for the European commercial distribution finance business.
• Schneider National Inc. plans to unveil a new approach to training its intermodal truck drivers in January after opening a new training academy in Chicago. Schneider’s Intermodal Training Academy is located within one of the busiest railroad regions in the United States, according to a company press release. Each experienced new hire in Schneider’s intermodal division will complete a four-day curriculum, which includes classroom learning, a rail yard tour and in-truck training with an instructor that includes both highway and rail yard driving environments.
• Bombardier Transportation has received orders to supply 78 additional Flexity Swift high-floor light-rail vehicles (LRVs) and 10 Flexity Classic trams to the Frankfurt Transport Authority, VGF, in Germany. The orders, which are options exercised under two contracts signed with VGF in March 2006 and June 2002, are worth $219 million and $29 million, respectively. The new LRVs are scheduled to be delivered between January 2014 and June 2017; the new trams will arrive in Frankfurt/Main between August and December 2012, according to a Bombardier release.
• BASF ordered from Vossloh Locomotives 22 modular center-cab locomotives for mainline and shunting services at BASF locations in Ludwigshafen and Schwarzheide, Germany, and Antwerp, Belgium. BASF and Vossloh also reached an agreement on vehicle fleet maintenance and parts logistics. The contract is valued at about $52.2 million. In the future, BASF expects to employ 16 G 6, four DE 12 and two DE 18 locomotives provided by Vossloh. All 22 units will be engineered to a common modular platform, according to a BASF release.
• HDR Inc. has announced a new executive management team because Chairman and Chief Executive Officer Richard Bell, who has served the company for 37 years, will retire at year’s end, according to a company press release. As of Tuesday, George Little assumed the post of chairman, CEO and president. Little has served as president of HDR Engineering Inc. since 1997, and is vice chairman. Eric Keen, who joined HDR in 1993, will become president of HDR Engineering. He has served as executive vice president of the transportation business group since 2004. Doug Wignall, who has served HDR since 1991, will become president of HDR Architecture Inc. Meanwhile, Bell will continue to serve on HDR’s board.
• Gail Peck and Heather Perttula Randall have been promoted to vice presidents of Trinity Industries Inc. Peck joined Trinity in May 2010 as treasurer. She is responsible for the corporate treasury, investor relations, credit and business services functions. Randall joined Trinity in April 2005 as chief counsel of TrinityRail. In 2006, she became deputy general counsel in charge of litigation for Trinity. In her new post, she will serve as vice president of legal affairs and government relations.
• CIT Group Inc. has appointed Richard Green president of CIT Europe. He will oversee the European operations of CIT Corporate Finance and CIT Vendor Finance. Green will report to CIT Group Inc. President Nelson Chai. Prior to his appointment, Green served as managing director of CIT Vendor Finance, Europe. Before joining CIT, he worked for GE, most recently as CEO for the European commercial distribution finance business.
• Schneider National Inc. plans to unveil a new approach to training its intermodal truck drivers in January after opening a new training academy in Chicago. Schneider’s Intermodal Training Academy is located within one of the busiest railroad regions in the United States, according to a company press release. Each experienced new hire in Schneider’s intermodal division will complete a four-day curriculum, which includes classroom learning, a rail yard tour and in-truck training with an instructor that includes both highway and rail yard driving environments.