Progress Rail to acquire RPS from Amsted

Progress Rail Services Corporation, supplier of railroad products and services to the railroad and transit industries, has entered into a definitive agreement to purchase Rail Product Solutions, Inc. (RPS) from Amsted Rail Company, Inc. RPS is a provider of track fastening products and integrated fastening systems.

Steps taken at federal level to speed up infrastructure projects

The White House Office of Management and Budget, Council on Environmental Quality and U.S. Department of Transportation says the Obama Administration will take steps to accelerate critical infrastructure projects, including an enhanced Federal Infrastructure Permitting Dashboard, new guidance to federal agencies establishing metrics for the permitting and environmental review of infrastructure projects.