MENU
SEARCHWith 2009 revenues of $1.8 billion, company has the largest installed base of diesel-electric locomotives in the world and offers extensive range of locomotive products.
Progress Rail Services, a wholly-owned subsidiary of Caterpillar Inc., has signed a definitive agreement to purchase Electro-Motive Diesel (EMD) for $820 million in cash from Berkshire Partners LLC and Greenbriar Equity Group LLC.
Upon completion of the transaction, EMD will become a wholly-owned subsidiary of Progress Rail.
Progress Rail Services is one of the largest providers of rail and transit products
and services in North America, including: locomotive upgrade and repair, railcar
remanufacturing, trackwork, rail welding, rail repair and replacement, signal design and installation, maintenance of way equipment, parts reclamation and recycling.
With 2009 revenues of $1.8 billion, EMD has the largest installed base of diesel-electric locomotives in the world and offers the most extensive range of locomotive products in the rail and transit industry, according to a company statement.
“We feel this is an ideal fit for EMD and our customers and we look forward to
developing and providing an even greater portfolio of products and services for the rail
and transit industry that we have proudly served for more than 85 years,” said John S.
Hamilton, president and CEO of Electro-Motive Diesel.
The ATP board’s approval of the KAP team enables ATP to begin pre-construction activities, including advancing design, initiating permitting, and preparing the site for future construction.
Read More →
In METRO's latest installment, we take a look at the latest news from suppliers including Moovit, CAF, and more.
Read More →
The railroad has issued a formal request for proposals to manufacturers for more than 800 new passenger railcars that will serve 14 long-distance routes nationwide.
Read More →
The WSP leader discusses why agencies must look beyond satisfaction metrics and take a more holistic, community-driven approach to service.
Read More →
The delivery marks the first car in a 374‑vehicle order and begins the arrival of a new generation of higher‑capacity, more reliable, and more comfortable trains for one of the country’s busiest commuter rail systems.
Read More →
BART recorded 5,403,140 exits in March, making it the highest monthly ridership since the pandemic and surpassing the previous high set in October 2025 (5,346,890 exits).
Read More →
The station was rebuilt as part of SEPTA’s Station Accessibility Program, making it fully ADA accessible with new elevators, ramps, and high-level platforms.
Read More →
The announcement highlights the long-standing partnership between the Class I railroad and the commuter rail system, dating back to Metra's creation in 1983.
Read More →
Site construction is complete, production is underway, and the first locally built passenger coaches are on track for delivery in Summer 2026.
Read More →
Crews completed a significant portion of the testing required before commissioning the new, digital signaling system, which will bring important upgrades that strengthen Red Line service reliability for riders and provide Red Line Operations the ability to route trains more quickly, turn trains around faster, and recover from unplanned disruptions more efficiently, said MBTA officials.
Read More →
