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

FRA approves blueprint to connect Boston, New Haven to Montreal via rail

The Initiative proposes to restore service between Boston and New Haven, Conn., through Springfield, Mass. and Hartford, Conn., and add new service between Boston and Montreal.

Transit expert, Mendes, joins HNTB as national transit/rail practice leader

Diana Mendes is responsible for strategic planning and implementation, industry representation, business development, service delivery and client satisfaction.

First Transit Wins First Rail Contract in North America

Company to operate and maintain the Denton County Transportation Authority’s A-train 21-mile commuter rail line.

NY Gov. unveils new subway car design, plan for enhanced stations

The MTA is using design-build contracts to expedite the process and ensure the shortest timeframe for project completion. These vital investments are part of the $27 billion, five-year MTA Capital Program to renew and expand the MTA network.

FRA, TxDOT outline rail options between OKC, South Texas

The DEIS addresses the relationships of the major regional markets within the Texas-Oklahoma Passenger Rail Program corridor in three geographic sections, and preferred alternatives are recommended for each geographic section separately.

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