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Richard Dalton, who joined the agency in 2009 as director of Rail Equipment and Services, replaces retiring CEO Dale Zehner.
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The base order is to supply eight cars at a contract price of $21 million and is scheduled to be delivered in 2014. The contract includes an option for VRE to purchase up to an additional 42 cars.
Read More →In addition to the 12 MPXpress commuter locomotives it has ordered, Virginia Railway Express has an option to acquire an additional eight locomotives, which would bring the total value of the order to more than $73 million.
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