USA: Progress Rail Services announced the purchase of RibbonWeld's mobile rail welding assets on December 12.
Progress Rail will acquire RibbonWeld's mobile flash butt welding equipment and a continuous welded rail train, which will become part of its Chemetron Railway Products subsidiary.
RibbonWeld will continue to provide in-plant rail welding services at its facility in Springfield, Missouri, and will become a wholly owned subsidiary of The Tie Yard of Omaha Inc.
USA: Union Tank Car Co is to provide wagon cleaning and repair services at 225 Rail’s storage facility at Pasadena in Texas. The site has space to store 1 000 wagons. The repair facilities will be able to handle various wagon types, including tanks and hoppers. ...
UK: High speed line project promoter HS2 Ltd has launched its seventh Innovation Accelerator programme, with six SMEs selected to develop ideas for automating asset management, maximising site productivity and future-proofing operations. Archangel Imaging will refine its AI-equipped security camera technology to monitor security across HS2’s ...
