news

ITT moves to acquire Axtone

New York-based global manufacturing company ITT Inc. has announced an agreement through which it will acquire Axtone, a leading manufacturer of highly engineered and customized components for railway and other harsh-environment industrial markets.

 

GWI completes acquisition of P&W

Genesee & Wyoming Inc. (GWI) announced last week its completed acquisition of Providence and Worcester Railroad Company (P&W) for approximately $126 million, or $25.00 per share.

 

NCDOT announces NC By Train app launch

The N.C. Department of Transportation (NCDOT) announced Nov. 2 the launch of a three-month smartphone application pilot program that will allow North Carolina riders to plan their commutes and track trains in real time.