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Rail News: Rail Industry Trends
6/1/2009
Rail News: Rail Industry Trends
Updates from GE Transportation, GATX/PotashCorp, Trinity Industries and Interfleet Technology
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• GE Transportation signed a 15-year, $500 million customized service agreement — its largest service agreement outside North America — to provide maintenance and overhaul services for Joint Stock Co. Lokomotiv’s fleet of 404 locomotives. A subsidiary of Kazakhstan’s state-owned railroad Kazakhstan Temir Zholy (KTZ), JSC Lokomotiv manages the railroad’s locomotive fleet. GE and KTZ also agreed to jointly invest in an Evolution® Series locomotive assembly plant in Astana, Kazakhstan. Designed to produce about 100 locomotives annually at full capacity, the facility is scheduled to begin production of Evolution Series units by year’s end.
• PotashCorp and GATX Corp. have unveiled a specially decorated rail car designed for the Make-A-Wish Foundation of Illinois. The car features the Make-A-Wish logo and tagline, “Share the Power of a Wish®.” Next year, the car will be used to transport potash fertilizer and increase the foundation’s visibility. PotashCorp and GATX collaborated to repaint a potash car at GATX’s rail-car maintenance facility in Waycross, Ga. The Make-A-Wish Foundation of Illinois helps grant wishes to children in the state who are facing life-threatening medical conditions, such as leukemia, cystic fibrosis and brain tumors.
• Trinity Industries Inc. subsidiary Trinity Industries Leasing Co. has renewed its rail-car leasing warehouse facility through February 2011. The facility was set to mature in August. Because of lower level demand for rail cars and a resulting need for less financing, the facility’s size was reduced from $600 million to $475 million, Trinity Industries said.
• International rail consultant Interfleet Technology has named Alberto Climent ERTMS specialist and Anette Bargholz, traffic planner for the Denmark office. They will report to new Regional Manager Marianne Lanzky Otto. Climent most recently served Atkins Denmark in various capacities, and is a specialist in ERTMS Level 1 and 2 train protection systems. He previously was a GSM-R unit manager for Getinsa S.A. Bargholz previously held various positions at Sorgenfri Enterprise ApS, Rail Net Denmark and Atkins Denmark.
• PotashCorp and GATX Corp. have unveiled a specially decorated rail car designed for the Make-A-Wish Foundation of Illinois. The car features the Make-A-Wish logo and tagline, “Share the Power of a Wish®.” Next year, the car will be used to transport potash fertilizer and increase the foundation’s visibility. PotashCorp and GATX collaborated to repaint a potash car at GATX’s rail-car maintenance facility in Waycross, Ga. The Make-A-Wish Foundation of Illinois helps grant wishes to children in the state who are facing life-threatening medical conditions, such as leukemia, cystic fibrosis and brain tumors.
• Trinity Industries Inc. subsidiary Trinity Industries Leasing Co. has renewed its rail-car leasing warehouse facility through February 2011. The facility was set to mature in August. Because of lower level demand for rail cars and a resulting need for less financing, the facility’s size was reduced from $600 million to $475 million, Trinity Industries said.
• International rail consultant Interfleet Technology has named Alberto Climent ERTMS specialist and Anette Bargholz, traffic planner for the Denmark office. They will report to new Regional Manager Marianne Lanzky Otto. Climent most recently served Atkins Denmark in various capacities, and is a specialist in ERTMS Level 1 and 2 train protection systems. He previously was a GSM-R unit manager for Getinsa S.A. Bargholz previously held various positions at Sorgenfri Enterprise ApS, Rail Net Denmark and Atkins Denmark.