Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »


RAIL EMPLOYMENT & NOTICES



Rail News Home Rail Industry Trends

1/2/2003



Rail News: Rail Industry Trends

In its largest-ever expenditure decision, Indiana Harbor Belt contracts GETS to upgrade, remanufacture locomotives


advertisement

Indiana Harbor Belt Railroad Co. (IHB) recently signed a three-year $18 million contract with GE Transportation Systems (GETS) under which the supplier will reduce the 469-mile short line's locomotive fleet from 57 units to 38 by modernizing the railroad's power.
Structured in three phases, the deal is designed to minimize effects on IHB's day-to-day operations while GETS upgrades and remanufactures locomotives.
"This expenditure decision — the largest made by IHB in over a 100 years of rail service — shows our commitment to safety," said IHB General Manager Gary Gibson in a prepared statement, adding that the contract will enable the railroad to reduce expenses, improve its operating ratio and meet customers' performance commitments.
The first phase's two-for-one unit replacement plan involves remanufactured and upgraded General Motors Corp. Electro-Motive Division GP40-2s. During 2003, IHB plans to eliminate the majority of its older under-utilized fleet of GP40-2s in favor of more productive, 3,000-horsepower locomotives. The railroad expects delivery of the first units under Phase 1 in February.
In 2004, GETS would remanufacture and upgrade IHB's fleet of EMD SW1500 locomotives for switching-service assignments.
Then, under Phase 3, IHB plans to replace all remaining locomotives with remanufactured and overhauled EMD GP38-2s. The 2,000-horsepower units will feature upgraded systems, such as larger fuel tanks and microprocessor controls.
GETS plans to service and upgrade IHB's locomotives at its San Luis Potosi, Mexico, facility.














Contact Progressive Railroading editorial staff.

More News from 1/2/2003