Rail

L.B. Foster, Union Pacific extend railroad tie agreement

Posted on December 12, 2012

L.B. Foster Co. agreed on a multi-year contract extension with the Union Pacific Railroad (UPRR) for the supply of prestressed concrete railroad ties from its Tucson, Ariz. facility. The previous supply contract was set to expire at the end of the year.

The extension of the contract represents significant value for L.B. Foster Co. and will help it to fund additional engineering and development of concrete tie design for the rail industry.

L.B. Foster's Tucson, Ariz. facility is dedicated to the production of concrete tie products. The company has invested more than $15 million in production machinery and employs approximately 50 people at the plant which has been in operation since 2006. 

The agreement to extend the Tucson Concrete Tie supply contract follows an agreement the two companies have reached on a path forward for handling warranty claims on concrete ties previously made at its Grand Island facility, which was closed in 2011. L.B. Foster had been providing regular updates on its progress with UPRR regarding their claims.

 

The extension of the Tucson Concrete Tie supply contract was the last step in the current action plan to resolve the matter.

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

More News

MBTA improves real-time information for subway service

Using more sophisticated data to generate better predictions, and train arrival times are now refreshed every six seconds.

Charlotte's new light rail extension increases rail ridership by 48%

With the opening of the extension, the LYNX Blue Line now connects one side of Charlotte to the other.

Report suggests merging LIRR, NJ Transit, and Metro-North

The "Trans-Regional Express," or "T-REX," would connect the systems to greatly cut travel times and increase capacity on rail lines that will only see more strain as the area's population grows.

Retlif Testing Laboratories celebrating 40 years

A globally recognized testing industry leader, the company expanded from humble beginnings at Flowerfield (St. James, N.Y.) to multiple locations, including its state-of-the-industry HQ and testing facility in Ronkonkoma, N.Y

Gannett Fleming/WSP JV to manage N.C. light rail construction

The 17.7-mile light -rail system will have 18 stations between UNC Hospitals in Chapel Hill and North Carolina Central University in Durham.

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