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4/18/2018



Rail News: Railroading Supplier Spotlight

Rail supplier news from Siemens, Cad, Heartland Rail, RTA, ARI and Hausfeld (April 18)


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Siemens has acquired Agilion GmbH, a Germany-based supplier of industrial real-time locating systems (RTLS). Agilion specializes in the RTLS field in the ultra-wideband frequency spectrum. The technology enables precise localization of tools, vehicles and other assets to optimize production and logistics processes, Siemens officials said in a press release. The acquisition marks a "significant addition" to Siemens' offerings in the field of industrial identifications, and to its digital enterprise portfolio, said Herbert Wegmann, head of the company's industrial communication and identification business segment. In addition, RTLS marks the next step toward "flexible automation in production," he added.

VIA Rail Canada Inc. has awarded a CA$46 million contract to Cad Railway Industries to upgrade 25 rail cars for use on the Canadian long-haul route, which runs from Toronto to Vancouver, British Columbia. Built in the 1950s, the cars will undergo a complete refurbishment that includes mechanical upgrades and interior design updates. The work also includes renewing heating systems and installing devices to prepare the units for future Wi-Fi deployment.

Heartland Rail LLC recently named Mike Keasling president. He has more than 30 years of experience in the rail-car finance and leasing industry. Keasling previously served as senior vice president of rail leasing at The CIT Group. He also held positions at Vertex Railcar Corp., American Railcar Leasing and GATX Corp.

The Railway Tie Association (RTA) has changed the dates of its RTA Tie Grading Seminar in Galesburg/Peoria, Illinois. The event will be held July 30 – Aug. 2, 2018. For more information, contact the RTA at ties@rta.org or visit www.rta.org.

American Railcar Industries Inc. (ARI) announced that its wholly owned subsidiary Longtrain Leasing III LLC has successfully completed its consent solicitation and obtained the approvals needed to enable ARI to manage rail-cars owned by Longtrain.

Hausfeld has filed a lawsuit against Knorr-Bremse AG and Wabtec Corp. alleging that the two companies conspired and "unlawfully agreed" to restrain competition by establishing "no-poaching" agreements barring them from hiring one another's employees. Filed on behalf of employees, the suit argued that the agreements lowered compensation, limited mobility and stifled innovation, according to a Hausfield press release. The lawsuit seeks money owed to Knorr and Wabtec employees whose earnings were allegedly less than what they would be in a competitive market, said Hausfeld partner Sathya Gosselin. Knorr, Wabtec and Faiveley Transport S.A. entered the no-poach agreements starting in 2009.



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