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.






Rail News Home Railroading Supplier Spotlight

7/25/2011



Rail News: Railroading Supplier Spotlight

Updates from Progress Rail, Bombardier, GE Transportation and J.B. Hunt


advertisement

• Today, Progress Rail Services announced plans to establish a locomotive manufacturing facility in Sete Lagoas, Brazil, to serve the South American diesel-electric locomotive market. The company will operate the facility through its subsidiary, MGE Equipamentos e Servicos Ferroviarios Ltda. Progress Rail plans to make a “significant investment” to open and modernize an existing plant in Sete Lagoas, which will assemble and manufacture Electro-Motive Diesel-branded locomotives.

• Bombardier Transportation has obtained a $41 million contract from the Florida Department of Transportation (FDOT) to supply 14 bi-level rail cars for the central Florida SunRail commuter-rail project. Under the agreement, FDOT can order up to 46 additional vehicles. Delivery is expected between May and August 2013. The order brings the total number of Bombardier’s North American bi-level car customers to 14, with nearly 1,000 cars in operation across the United States and Canada.

• GE Transportation reported $1.2 billion in second-quarter revenue, up 74 percent compared with the same period a year ago. Segment profits totaled $178 million, nearly seven times higher than second-quarter 2010 profits, GE officials said in a prepared statement. The company received $1.4 billion in orders during the quarter, up 19 percent, driven by orders for locomotives, mining equipment, parts and services, according to GE.

• J.B. Hunt Transport Services Inc. recently announced the following executive management changes: Paul Bergant, president of intermodal and chief marketing officer, and Bob Ralston, executive vice president of maintenance, properties and equipment, will retire on Dec. 31. Don Cope, senior vice president, controller and chief accounting officer, will retire on Oct. 31. They will be succeeded by Terry Matthews as president of intermodal; Shelley Simpson, chief marketing officer; Gary Anderson, executive vice president of maintenance, properties and equipment; and John Kuhlow, vice president-controller.




Contact Progressive Railroading editorial staff.

More News from 7/25/2011