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Rail News: Rail Industry Trends

Updates from FuelQuest, Harsco, KBR, Huntington Bancshares, TRAC Intermodal, Parsons Brinckerhoff and Kustom Seating


• BNSF Railway Co. recently extended its "fuel management relationship" with FuelQuest Inc., agreeing to use the company's Fuel Management System and Zytax tax automation software and services for an additional five years, according to a prepared statement.

• Harsco Corp. obtained two rail equipment orders in China worth a total of about $11 million. The company’s Harsco Rail unit will provide two 20-stone rail grinders next year to Chinese rapid-transit system operators.

• KBR's Australian-based infrastructure and minerals business unit received a contract to provide engineering design services for Australia's Liverpool Turnback rail project in Sydney. Part of a $143 million upgrade of the Liverpool rail precinct, the project calls for building a platform and 1.1 miles of track through Liverpool Station. Construction is scheduled to begin in early 2011 and be complete in 2014.

• Huntington Bancshares Inc. is expanding into the rail finance realm. The firm recently appointed Kip Curran to lead its rail financing segment, which will specialize in providing long-term tax and non-tax financial solutions to Class Is, rail-car operators and shippers. Curran has more than 10 years of rail-finance experience, most recently as a rail-finance specialist with LaSalle National Leasing Corp. and Maxus Leasing Group.

• TRAC Intermodal plans to begin offering a West Coast chassis pool in Los Angeles and Oakland, Calif., on Dec. 1. The chassis will be available to drayage and steamship companies on a short- or long-term basis. TRAC offers similar pools in Baltimore, Mobile, Ala., Philadelphia, New York and New Jersey.

• Parsons Brinckerhoff (PB) named Thomas Anella project operations manager for the firm's eastern region. A PB vice president and principal project manager, Anella has served the firm for 27 years, most recently as area manager for the Princeton, N.J., office.

• Kustom Seating Unlimited Inc. appointed Caroline Gliwa sales executive for the East Coast. She has 28 years of account management experience, including the past 11 in the rail and transportation industry. Most recently, Gliwa served as Bombardier Transportation's director of services-customer service warranty and commissioning for the overhaul refurbishment division, and program manager.

Contact Progressive Railroading editorial staff.

More News from 11/12/2010