Preliminary injunction dissolved on L.B. Foster proposed acquisition of Portec Rail






February 14, 2001

L. B. Foster said that the
Court of Common Pleas of Allegheny County, Pennsylvania has dissolved the
preliminary injunction issued on April 21, 2010, which had enjoined the
completion of L.B. Foster’s tender offer for Portec Rail Products, Inc. Stan Hasselbusch,
L.B. Foster’s chief executive officer, commented, "We are pleased that
this obstacle to L.B. Foster’s acquisition of Portec Rail has been
removed."

Metro sets July weekend, weeknight track maintenance schedule






February 14, 2001

In July, Metro will replace
rail switches at the Rosslyn Metrorail station on the Blue and Orange lines and
conduct major track work to maintain a state of good repair on all five of
Metro’s rail lines. All of July’s weekend projects will impact travel times and
cause delays. However, there will be no track maintenance during the upcoming
July 4th holiday weekend. 



San Diego sets $20.9-million quiet zone project






The San Diego City
Council has approved what will be among the nation’s largest quiet zones,
entailing $20.9 million in spending to improve downtown railroad crossings and
prevent freight trains from blaring their horns at all hours, local media
report. Downtown residents, developers and business operators have decried
late-night train noise for the past decade, saying it lowers the quality of
life, hurts property values and detracts from downtown enhancement efforts.

St. Louis Metro kicks off service restoration with special event






St. Louis Metro is launching
the first phase of service restoration on June 28 with changes to MetroLink and
MetroBus frequency and routes, marking the beginning of a new era of
public-transit rebuilding, expansion and innovation. Public officials, Metro’s
leadership and other Metro employee volunteers will welcome passengers back on
the first day of service restoration and will pass out specially wrapped
cookies at MetroLink and MetroBus stations and transfer centers throughout the
system.

Caltrain maintenance update, June 26-July 3






From San Francisco to San
Jose, Sunday, June 27 to Thursday, July 1, a rail detector car will be used on
Caltrain to find flaws in the rails. This on-track car uses ultrasonic
equipment to detect minute flaws in the rails that are not visible to the naked
eye. These flaws may be the result of manufacturing defects or simply develop
over time. If a critical flaw is found, it must be repaired immediately.


Metro Board approves $5-billion, six-year capital spending plan






Washington, D.C., Metro’s
Board of Directors approved a $5-billion, six-year capital spending plan June
24 as part of its FY2011 capital budget, which was made possible as a result of
increased contributions from the jurisdictions that fund Metro, federal
stimulus dollars provided by the American Recovery and Reinvestment Act of 2009
and dedicated federal and local matching funds provided by the Passenger Rail
Investment and Improvement Act of 2008.





BART Silicon Valley achieves environmental milestone






The Santa Clara Valley
Transportation Authority (VTA) received notification that the Federal Transit
Administration issued a Record of Decision for the first 10-mile phase of BART
Silicon Valley. This milestone signifies that VTA satisfied the requirements of
the National Environmental Policy Act, thereby issuing environmental impact
approval for the $2.1-billion Berryessa Extension.

Beaumont, Texas, getting new Amtrak station






After years of using a
concrete slab as the Amtrak train station, the city of Beaumont, Texas, will
see a new station constructed in coming months, the Examiner reports. Amtrak
received more than $1.1 million in federal funding through the American
Recovery and Reinvestment Act, which was allotted for the construction of a new
station in Beaumont.

TriMet schedules track work June 26-27






MAX Red Line trains will
not run between Gateway Transit Center and Portland, Ore., International
Airport Saturday, June 26-27 due to track maintenance. Crews are installing
rail expansion joints to reinforce the track and help trains maintain normal
speeds when outside temperatures rise and the rails expand and flex.

Changes to ENSCO executive leadership






Visioning Sessions

ENSCO, Inc., made
significant changes to its executive leadership team. Gregory B. Young has
assumed the role of ENSCO’s President and Chief Executive Officer, effective
June 17. Young leads strategic direction and all company operations including
financial management and performance, business planning and execution, research
and development, and corporate and operating division oversight. He brings
significant experience to his position through a 29-year association with the
company. Young served as ENSCO’s president from 1994-2006 and as a member of
the Board of Directors.

Walsh wins contract to build seven-mile St. Paul segment

The Metropolitan Council awarded
the first heavy construction contract for the Central Corridor light rail
transit Project to Walsh Construction to build the seven-mile St. Paul segment
of the line. Walsh’s $205.1-million award includes betterment work valued at
$10.4 million that was requested by, and will be paid for, by cooperating
agencies and utilities.

 

Study shows Illinois poised to benefit from U.S. public transit investment






Visioning Sessions

The U.S. rail manufacturing
industry stands to undergo considerable growth in the coming years as Amtrak
upgrades its railcars and adds high-speed trains and as lawmakers consider a
transportation bill that calls for significantly greater investments in public
transit, including rail, according to a new study by Duke University prepared
for the Apollo Alliance. Illinois, which is home to 23 rail-manufacturing
facilities and is planning its own high-speed rail network, would reap major
benefits from such a bill.