Rail

American Railcar, US Railcar form joint venture

Posted on February 19, 2010

St. Charles, Mo.'s American Railcar Industries Inc. (ARI) and Ohio-based US Railcar LLC (USR) announced the formation of a joint venture — US Railcar Co. LLC (US Railcar Co.) — which will design, manufacture and sell Diesel Multiple Units (DMUs).

US Railcar Co. will be led by President/CEO Michael P. Pracht, a rail industry veteran with extensive experience with the world's rail transportation companies.

ARI will provide US Railcar Co. with its experience in the production of railcars and ARI representatives will comprise half of the board of the joint venture. Representatives of Value Recovery Group Inc. (VRG), which purchased USR assets from the Colorado Railcar Manufacturing Co. (Colorado Railcar) in late 2008. VRG will comprise half of the Board and will bring to the venture government contracting experience.

Once established, the joint venture plans to produce railcars on order for public authorities and communities to improve public transit, commuter and regional rail service.

The US Railcar Co. DMU was prototyped by Colorado Railcar through a demonstration project in 2002 and is currently the only DMU that is fully compliant with Federal Railroad Administration passenger equipment safety regulations as stated in 49 CFR Part 238.

Available in both regional and intercity configurations, the US Railcar Co. DMU is suited for incremental corridor development at speeds from 79 mph to 90 mph.

Platform enhancements currently anticipated include a diesel-electric upgrade, increasing speeds to 125 mph.

 

View comments or post a comment on this story. (0 Comments)

More News

Amtrak designates developer for $1 billion Chicago Union Station revamp

Approximately 7,500 construction jobs are expected to be developed over the life of the more than $1 billion project, as well as an additional 7,000 to 8,000 permanent jobs.

NY employers exploring alternatives during Penn Station track work

Businesses and real estate specialists say inquiries have spiked for temporary office spaces that do not require travel through Penn Station, where weeks-long outages in July and August are expected to trigger a travel nightmare for employees living in New Jersey and Long Island suburbs.

Brightline unveils West Palm Beach station

The privately funded express inter-city passenger rail service will connect Miami, Fort Lauderdale and West Palm Beach, with future service to Orlando.

Gov. Christie lays out deal with Amtrak for Penn Station track repairs

In announcing the deal, he said the Morris and Essex line will be most affected this summer. To offset the inconvenience, Christie is lowering the fare for a monthly pass, in some cases by as much as $280.

Alstom lands $55M German order for Coradia Lint trains

The diesel multiple units will be built in Alstom’s plant in Salzgitter and delivered by May 2019 to run on the RE Ulm-Aalen, RB Ulm-Langnau, and RB Ulm-Munderkingen lines.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close