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

Alstom awarded contract for 25 more 'Jazz' trains

The new orders, which are exercised as two options under a contract signed in 2012, bring Trenitalia’s mostly Italian Jazz fleet to 95 trainsets.

Japanese maglev train breaks own speed record

The train reached 375 miles per hour in a test run on Tuesday, surpassing its previous record of 361 miles per hour set in 2003. The train traveled for just over a mile at a speed exceeding 373 miles per hour.

VRE making first service expansion in 23 years

The $3.4 million North Virginia station is the first of several major projects the agency is pursuing as part of its goal to double ridership by 2040. Next month, it will launch a mobile app to give riders the option of purchasing and showing tickets via smartphones, and it will add a train to the Fredericksburg Line this summer.

N.Y. subway ridership reaches 65-year high

The increased number of customers creates challenges for the MTA to operate the subway system while minimizing delays, crowding and inconvenience. The subway system has traditionally performed maintenance work during off-peak hours, which are now experiencing record ridership.

Mass. Gov. to unveil sweeping MBTA reforms

Gov. Charlie Baker recently secured the resignations of the six Patrick administration appointees on the state transportation board and had a "clarifying" conversation with the MBTA’s interim boss Frank DePaola after he went public with concerns about the governor’s plan.

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 resource for managers of class 1-7 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