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Rail News: Rail Industry Trends

Updates from GE, PLS Logistics, HDR, Swift Transportation and MISCOR Group


• GE Transportation has received International Union of Railways’ (UIC) certificates E-001/2009-02 for its Evolution® V12 diesel locomotive engines that power Evolution® Series locomotives. UIC’s inspection procedures include an endurance run and tests to determine exhaust emissions. An engine must comply with mechanical quality and emission standards to pass certification. The Evolution V12 engines currently form the platform for GE’s international family of locomotives, which most recently were delivered to Kazakhstan Temir Zholy and the Egyptian National Railways.

• PLS Logistics Services has reached an agreement with Martin Marietta Magnesia Specialties L.L.C. to manage all inbound and outbound magnesium hydroxide slurry rail shipments at Martin Marietta's Manistee, Mich., facility. PLS will forecast and plan rail-car capacity, and monitor loaded and empty cars in the shipper's private fleet.

• HDR Vice President and Rail Section Manger Timothy Bennett has been appointed to the Transportation Research Board's Committee on Railroad Track Structure System Design. A division of the National Research Council, the research board provides expertise in science and technology to the government, public, and scientific and engineering communities. Bennett is a 24-year transportation and rail industry veteran, and has experience in railroad design, construction and maintenance.

• Trucking and intermodal services provider Swift Transportation Co. Inc. has won Lowe’s Carrier of the Year award for the fifth-straight year. Lowe’s also honored Swift with a Gold Service Award for achieving a combined on-time delivery performance of more than 99 percent for all van, dedicated, intermodal and flat-bed shipments. The home improvement product retailer’s on-time service expectation is 99.2 percent, Swift said.

• MISCOR Group Ltd. reported 2008 revenue of $123.2 million, up 68 percent compared with 2007’s total. The company also reported an annual net loss of $1.5 million vs. a net loss of $2 million in 2007. For the fourth quarter, MISCOR reported a net loss of $3 million on net sales of $31.5 million vs. net income of $289,000 on net sales of $22.7 million in fourth-quarter 2007. MISCOR’s rail services include the manufacturing and rebuilding of power assemblies, engine parts and other large diesel-engine components, as well as locomotive maintenance, remanufacturing and repairs.

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More News from 4/17/2009