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Rail News: Railroading Supplier Spotlight
Rail supplier news from FreightCar America, Cummins, Railway Supply Institute, Alstom, Chicago FreightCar and IDS (Oct. 4)
FreightCar America Inc. has appointed Joseph McNeely, currently president and chief operating officer, as chief executive officer. He will continue to serve as president and will join the board. McNeely succeeds Ed Whalen, who is retiring as CEO. Whalen will remain an employee of the company through Dec. 31 to provide transition and consultative services.
Cummins Inc. announced this week that the first QSK95-powered locomotive will begin service operation with the Indiana Rail Road Co. by mid-2014. The 4200-horsepower locomotive will be the first heavy-hauler with a repower installation ready to meet the U.S. Environmental Protection Agency's Tier 4 emission regulations, according to a company press release.
At its annual meeting held earlier this week, the Railway Supply Institute elected the following to its board: David Brabb, assistant vice president of research and development at Sharma and Associates; Dan O'Neal, board member, the Greenbrier Cos.; and Patrice Powers, executive vice president of structured finance for GE Rail Car Services. At a meeting held in summer, RSI's board also elected Tom DeJoseph to the post of secretary-treasurer. DeJoseph is vice president of marketing and sales for Loram Maintenance of Way Inc.
Yesterday, representatives of Alstom and Ferrovie dello Stato, the holding company that manages the Italian rail network, marked the 25th anniversary of the Pendolino train. Two Pendolino models were presented as part of the day's events: the ETR 401, the first prototype produced in 1974, and the ETR 450, the first model to enter commercial service in 1988 on the Milan-to-Rome line.
French rail operator SNCF has ordered 34 Coradia Liner trainsets from Alstom at a value of $476 million. The trains, which represent the latest generation of long-haul trains from Alstom, are expected to enter service in December 2015.
Chicago Freight Car Leasing Co. has named Darrell Waldrop director of fleet operations. Waldrop has many years of rail-car repair and maintenance management experience, according to a company press release. Most recently, he was director of mechanical at CF Rail Services, a sister company of Chicago Freight Car Leasing.
IDS Transportation Services is expanding into a larger office in Plainfield, Ind., to accommodate growth in the intermodal market. The company has registered a more than 100 percent growth rate in net income over the past three years, and expects that rate to continue over the next three years, company officials said in a press release.
Contact Progressive Railroading editorial staff.