Miscellaneous – Page 28 – Railfanning.org

Class I Railroad Awards Duos Technologies Contract to Secure Critical Rail Yard

March 6, 2008 Railfanning.org News Wire

JACKSONVILLE, Fla. — A leading rail carrier has awarded a contract in excess of $500,000 to Duos Technologies, Inc. to secure a key rail yard in the western United States, safeguarding property and assets at the facility. Duos-developed intelligent video security and sensor technology will be used to establish a “virtual perimeter,” providing continuous, active monitoring of the yard and rail cars. The system is designed to function as an intrusion detector to identify a perimeter breach, assess threat risk, and promptly alert security personnel. Authorized rail security personnel can view both real-time, streaming video and video archives, both locally

Duos Awarded Contract from Major Rail Company to Provide Intelligent Video Surveillance for Critical Northeast Bridge

March 3, 2008 Railfanning.org News Wire

JACKSONVILLE, Fla. — One of the nation’s major railroad companies has selected Duos Technologies Inc. to provide an intelligent video system securing a major rail bridge along the Delaware watershed. Duos developed this solution to give its client the ability to monitor a critical lift bridge in real time. The bridge carries rail traffic over an active waterway, and its secure operation is essential. This system allows rail personnel to observe the bridge structure and waterway, and oversee the lift operation and the integrity of the rail tracks. This turnkey solution combines Duos Praesidium intelligent video platform with an array

Ferromex Joins the TTX Railcar Pool

February 26, 2008 Railfanning.org News Wire

CHICAGO — TTX, one of the nation’s leading railcar providers, today announced the expansion of its railcar pool with the addition of Mexican railway Ferrocarril Mexicano S.A. de C.V. (Ferromex). Ferromex becomes the first new owner of TTX in 43 years. Its addition to the TTX family is expected to enhance the utilization of energy efficient rail transportation for international movements. “This is an important step for our company,” said TTX President and Chief Executive Officer Andrew F. Reardon. “With Ferromex, we will extend the benefits of TTX’s time-tested business model to an important and growing participant in the North

RMI Acquires Optimization Alternatives

February 20, 2008 Railfanning.org News Wire

ATLANTA — RMI has acquired Optimization Alternatives (OA), an Austin, Texas-based provider of transportation control systems for intermodal terminals. OA will operate as a wholly-owned subsidiary of RMI. Financial terms of the transaction were not disclosed. Since 1986, OA has been recognized as a provider of real-time control and decision support systems throughout North America. Its flagship product, OASIS, is a comprehensive decision support system that provides intelligent automation of intermodal terminal operations. It uses state-of-the-art algorithms for solving logistical problems that arise in intermodal railyards. OASIS is used at more than 120 intermodal terminals throughout North America. Founded in

Wabtec Receives Orders Worth $31 Million for MPXpress Commuter Locomotives

February 6, 2008 Railfanning.org News Wire

WILMERDING, Pa. — Wabtec Corp.’s MotivePower subsidiary has received an order for 10 MPXpress commuter locomotives from the Utah Transit Authority (UTA). In addition, UTA awarded MotivePower a four-year contract to maintain 11 other MPXpress locomotives, which have already been delivered. The total value of the locomotive order and the maintenance contract is about $31 million. “The MPXpress continues to be the locomotive of choice for commuter rail agencies in North America,” said Albert J. Neupaver, Wabtec’s president and chief executive officer. “We’re also pleased to be selected to provide maintenance services for the units, which demonstrate another way for

FreightCar America, Inc. Reports Fourth Quarter and Full Year Results

February 6, 2008 Railfanning.org News Wire

CHICAGO — FreightCar America Inc. reported financial results for the three months ended Dec. 31. For the fourth quarter of 2007, sales were $137.1 million and net loss was $16.6 million, or $1.42 per diluted share. These results include special pre-tax charges of $37.2 million, primarily associated with the Company’s decision in December 2007 to end production activities at the Johnstown manufacturing facility, which accounted for $30.8 million of the special charges. Also included in the special charges were costs related to supply chain activities, and charges for a customer claim. On an after tax basis, the special charges was

‘World’s Top 25 Trains’ Announced by The Society of International Railway Travelers

January 12, 2008 Railfanning.org News Wire

LOUISVILLE, Ky. — What does Europe’s sophisticated “Venice Simplon-Orient-Express” have in common with India’s wheezing, narrow-gauge geezer, the 100-year-old steam “Toy Train”? They’re both members of a select group; namely, “The World’s Top 25 Trains,” as determined by The Society of International Railway Travelers. An organization of travelers who love the comfort and romance of great trains, the Society celebrates its 25th year in 2008. Some on the list are over-the-top luxury, such as the all-first-class “Golden Eagle Trans-Siberian Express,” Rovos Rail’s “Pride of Africa” and India’s “Deccan Odyssey.” Others offer the most stylish and comfortable way to see less-developed

FreightCar America, Inc., Announces Appointment of Nicholas Matthews as Vice President–Operations

January 9, 2008 Railfanning.org News Wire

CHICAGO — Nicholas J. Matthews is joining FreightCar America Inc. as Vice President-Operations later this month and is expected to become Senior Vice President-Operations in spring 2008. Matthews will serve as a key member of FreightCar America’s leadership team and will be based at the Company’s Chicago headquarters. Matthews is expected to succeed Ken Bridges as Senior Vice President-Operations after Bridges’ retirement. Matthews joins the Company from Trinity Industries, where he spent fourteen years serving in various technical and operations positions of expanding leadership scope. In his most recent role, he served as Trinity’s Senior Vice President-Operations for that company’s

RailWorks Announces Promotions at Track Construction Subsidiaries

January 9, 2008 Railfanning.org News Wire

NEW YORK — RailWorks Corp. announced two promotions at its U.S.-based track construction subsidiaries: RailWorks Track Services Inc. and RailWorks Track Systems Inc. Ed Kennedy has been appointed Vice President of Operations for RailWorks Track Services. Kennedy has nearly 20 years of track construction and management experience, beginning as a track laborer and working in progressively more responsible positions. While serving as general manager of RailWorks’ track construction office in Youngstown, Ohio, for the past decade, he achieved dramatic revenue growth and successfully completed an impressive range of projects for Class I railroads Canadian Pacific Railway, CSX Transportation and Norfolk

National Railway Equipment Co. Completes Test of Ultra Low Emissions Locomotive at NOVA Chemicals

January 9, 2008 Railfanning.org News Wire

JOFFRE, Alberta — National Railway Equipment Co. announced that NOVA Chemical recently operated an NREC N-ViroMotive GenSet locomotive in an operational test at their facility here. The locomotive, a three-engine 2100 HP (3GS-21B) 4-axle unit, is EPA certified and CARB recognized as an ultra-low emitting GenSet locomotive. “Fuel conservation, protecting the environment and operational efficiency are vital to our operation,” said Fred Owens, rail-maintenance coordinator, Nova Chemicals. “We witnessed surprising performance with this locomotive and its remarkable fuel savings, ultra-low emissions and low noise. Another big plus for us is the N-ViroMotive’s outstanding tractive effort, which can improve operations efficiency