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Miscellaneous

L.B. Foster and Portec Rail Products Announce Preliminary Injunction Enjoining Tender Offer

PITTSBURGH — L.B. Foster Co. and Portec Rail Products have announced that on April 21, the Court of Common Pleas of Allegheny County, Pa., issued a preliminary injunction enjoining the completion of L.B. Foster’s tender offer to acquire all of Portec’s issued and outstanding common stock. L.B. Foster and Portec are reviewing the Court’s opinion with their advisors to determine a future course of action. L.B. Foster Company is a leading manufacturer, fabricator, and distributor of products for the rail, construction and utility and energy markets with approximately 30 locations throughout the United States. Established in 1906, Portec has served
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Union Pacific

Union Pacific Railroad Invests Nearly $6 Million for Track Improvements to Its Line from Near Bunker Hill to Walker, Kan.

OMAHA, Neb. — Union Pacific will improve part of Kansas’ transportation infrastructure with a nearly $6 million investment to its rail line that runs from near Bunker Hill to Walker, Kan. The projects include removing and installing more 20 miles of rail and more than 10,000 ties, spread more than 10,000 tons of rock ballast to ensure a stable roadbed and renew the surfaces in 28 road crossings. The tie replacement part of the project began April 1 and is scheduled to be completed May 16. The rail in curves renewal project will begin July 31 and is to be
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CSX

CSX Congratulates Second-Annual Environmental Award Winners

JACKSONVILLE, Fla. — CSX congratulated the winners of its second-annual Environmental Awards, highlighting customers whose commitment to a “green” supply chain includes reducing carbon emissions by shipping via CSX. The awards will be presented this evening in Jacksonville, Florida, as part of the company’s week-long Earth Day celebration. CSX is recognizing 29 customers who together avoided over 900,000 tons of carbon dioxide emissions by shipping with CSX. The emissions avoided by this group has the same positive environmental impact as removing over 150,000 passenger vehicles from the roads for a year. The awards specifically recognize customers who led their industries
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Amtrak

Amtrak Heartland Flyer Tests Cleaner, Renewable Fuel for Passenger Trains

FORT WORTH – Amtrak and the Oklahoma and Texas state transportation departments today announced the nation’s first-ever test of a cleaner and renewable biodiesel fuel blend to power a daily interstate passenger train between Oklahoma City and Fort Worth, with the aim of reducing greenhouse gas emissions and the use of foreign oil. Amtrak received a $274,000 grant from the Federal Railroad Administration to carry out the research project in partnership with the Oklahoma Department of Transportation (Okla. DOT) on the daily Heartland Flyer train operated by Amtrak with state support from both Oklahoma and Texas. The biodiesel blend includes