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Harsco receives track maintenance equipment orders
Harsco Corporation received new U.S. and international orders in its Harsco Rail track maintenance services, equipment and parts business totaling more than $25 million.
FRA doles out $17 million for rail line relocation projects
Twelve cities and states will share $16.9 million to relocate, replace and improve segments of railroad track under the Federal Railroad Administration's Rail Line Relocation and Improvement competitive grant program.
Harsco's Fazzolari resigns, Knueppel named interim chairman and CEO
Harsco Corporation's Chairman, President & Chief Executive Officer, Salvatore Fazzolari has resigned, effective immediately. Harsco Director Henry Knueppel will serve as interim chairman & CEO while the Board of Directors…
USDOT proposed budget set at $74 billion
U.S. Transportation Secretary Ray LaHood today praised President Obama's $74 billion budget for the U.S. Department of Transportation saying the funds will lay a new foundation for economic growth and…
Preparing for the winter wallop
Snow, ice, wind and slush can all wreck havoc on railroad operations. Winter is just a season for most of the lower 48. However, planning for winter and its slew…
Where will the money go in 2012?
Freight railroads gear up for a record year of capital spending estimated to reach the $13 billion mark. Class 1 railroad budgets are gearing up for another robust year and…
Freight railroads to hire 15,000, spend an expected $13 billion in capex
The Association of American Railroads said the nation's major freight railroads are projected to invest a record $13 billion in capital expenditures in 2012 to expand, upgrade and enhance the…
Yangtze hires Tucker
Yangtze Railroad Materials named Jeremy Tucker national sales manager.
UP puts $4 million into San Antonio track improvements
Union Pacific will improve the transportation infrastructure in San Antonio, Texas, by investing $4 million in one of two rail lines that parallel Frio City Road. The project will help…
L.B. Foster names new CEO
L.B. Foster Company appointed Robert Bauer as president and chief executive officer and member of the board of directors, effective February 1, 2012. Bauer joins the company from Emerson Climate…
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