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Rail News: Railroading Supplier Spotlight
Rail supplier news from Banyan Rail, Bombardier, Atlas Copco and InComm (Oct. 21)
Banyan Rail Services Inc. has promoted Donald Redfearn to chief executive officer. He joined Banyan in 2010 and had served as president since 2011. Also, Jon Ryan, who joined Banyan Rail as chief financial officer in 2011, has been named president. In addition, the company's board earlier this month increased the number of directors from four to six, and two new directors have been selected: Mark Friedman and Donald Denbo. Branyan Rail seeks to acquire operating companies in North America.
Bombardier Transportation received the Supplier of the Year Award at the National Transport Awards ceremony held Oct. 17 in London. Bombardier was recognized for its role in upgrading the London Underground's Victoria Line and its support of train operations during the London 2012 Olympics.
Atlas Copco has been chosen to supply 100 SFR 4 oil-free compressors with integrated maintenance-free dryers to BVG Berlin, one of the largest metro systems in Germany. The eight-car project includes upgrading the company's compressed air and air treatment systems on its F74, F76 and F79 series rail cars to meet the requirements for clean, dry, oil-free air that supplies brake and auxiliary systems.
InComm and the Utah Transit Authority have agreed to launch the FAREPAY electronic fare card system, which will enable commuters to use a card to pay for fare on trains, streetcars and buses in Salt Lake City and surrounding areas. Through a partnership with Vix Technology, which provides electronic fare collection integration services, riders will be able to tap cards on and off vehicles during their travels.
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