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

8/17/2010



Rail News: Rail Industry Trends

Updates from Ansaldo STS, L.B. Foster, Carmanah, T.Y. Lin and Global Crossing


advertisement

• Ansaldo STS, in consortium with SELEX Communications, has signed a $317.4 million contract with Russian Railways subsidiary Zarubezhstroytechnology to provide signaling, automation, telecommunications, power supply, security and ticketing systems for the Sirth-to-Benghazi line in Libya. The project is expected to take three years to complete.

• L.B. Foster Co. announced it's extending a previously announced cash tender off for all outstanding shares of common stock of Portec Rail Products Inc. until midnight (EDT) on Aug. 30. The offer previously was set to expire at midnight on Aug. 16. As of Aug. 13, 6.8 million shares of common stock had been tendered, representing 71.1 percent of outstanding shares. L.B. Foster plans to acquire Portec Rail.  

• Carmanah Technologies Corp. is providing 26 EverGEN 1710 solar LED lighting units for the Selkirk Trestle Bridge in Victoria, British Columbia. The lights will run the length of the 328-yard bridge and incorporate "advanced occupancy sensing," which is designed to activate all lights on the trestle when one light senses motion, according to Carmanah.

• T.Y. Lin International named Ronald Freeland vice president and Mid-Atlantic district director. He will be responsible for overseeing and growing the company’s offices in Raleigh, N.C., Alexandria, Va., and Baltimore. Freeland previously served the Maryland Transportation Authority, where he was responsible for the daily oversight, management, administration and policies of the toll authority. He has more than 25 years of experience in the transportation industry, including projects involving railroads, motor carriers, automakers and highway authorities. Freeland also has served on Canton Railroad's board for more than six years.

• Global Crossing announced that TTX Co. is using its new EtherSphere service to support data center backup services and business operations at seven U.S. locations. TTX also purchased Global Crossing’s IP VPN service and Dedicated Internet Access service.


Contact Progressive Railroading editorial staff.

More News from 8/17/2010