Progressive Railroading



RAIL EMPLOYMENT

Newsletter Sign Up
Stay updated on news, articles and information for the rail industry


All fields are required.





Rail News Home Railroading Supplier Spotlight

12/13/2013



Rail News: Railroading Supplier Spotlight

Rail supplier news from Tutor Perini, Ansaldo STS, CAF, Thales, CAD Railway, Nomad Digital and Tiger Cool (Dec. 13)


Tutor Perini Corp.'s civil group recently executed a contract with Related Cos. and Oxford Properties Group for construction of a platform structure at Hudson Yards in midtown Manhattan. The portion of the Hudson Yards Development project is valued at approximately $510 million. The platform will bridge the active MTA Long Island Rail Road eastern rail yard south of West 33rd Street between 10th and 11th avenues, and will serve as the foundation for future buildings at Hudson Yards. Construction will be coordinated with the company’s work under way on the Amtrak concrete tunnel box project at the same site.

Ansaldo STS announced that Chief Executive Officer Sergio De Luca has resigned his post to become chief operating officer of parent company Finmeccanica on Jan. 1. He also has been named chairman of Ansaldo’s board in place of Luigi Calabria, who resigned. De Luca joined Finmeccanica Group in 1975, and has served as CEO of Ansaldo STS since 2007. Meanwhile, Stefano Siragusa has been named the new CEO of Ansaldo STS. He joined the company in 2008.

A consortium comprising CAF and Thales has obtained a $452 million contract with the Metro operator in Santiago, Chile, to supply trains and a communications-based train control (CBTC) signaling system to Metro’s Line 3 and Line. The contract includes a 20-year maintenance agreement. Thales's fully-automatic Seltrac® CBTC solution makes it possible to increase the frequency of train services and therefore passenger capacity. This effect will be boosted by CAF's new energy efficient cars, which offer an increased capacity of 260 passengers per car, according to a joint press release from the companies.

La Caisse de dépôt et placement du Québec has concluded a $4 million equity investment (in Canadian dollars) in CAD Railway Industries Ltd. (CADRI) in Canada. The investment  will enable CADRI to finance the modernization of its equipment and facilities. La Caisse has been a partner of CADRI since 2011, when it made an initial $7-million investment as part of a management buyout of the company.

The First Great Western train operating company in England has signed an agreement with Nomad Digital, which will install wireless Internet service on all 53 of First Great Western's high-speed trains, as well as the two daily Night Riviera trains. Installation will begin on the high-speed vehicles in May 2014, with full completion expected by the end of 2014.

Tiger Cool Express L.L.C. appointed James Hornsby chief financial officer. Hornsby previously spent more than 12 years with Pacer Stacktrain and Pacer International, rising to the position of vice president and controller. He will be based in the company’s headquarters in Overland Park, Kan.



Contact Progressive Railroading editorial staff.

More News from 12/13/2013