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

Las Vegas moves forward with first underground people mover

Approved a contract with Elon Musk’s The Boring Co. to design and construct a people mover for the Las Vegas Convention Center.

California sues to prevent withholding of high-speed rail funds

Filed in federal court in San Francisco, the suit claims the U.S. DOT lacks authority to withhold the $929 million it was due.

WMATA pulls 3000-Series trains after door malfunction

The incident, which happened after the train left the station on Sunday afternoon, was captured on video by a rider.

Keolis honored for building diverse workforce, supporting community

Efforts include launching a program in 2016 to provide college and workforce training scholarships to 25 graduating high schoolers.

NYCT installs automatic train control on Queens rail line

Tech provides optimal acceleration, braking and cruising speeds, providing more regular and evenly spaced service, and faster trips.

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