Wabtec to acquire Sweden’s Dellner Couplers for $960M

PITTSBURGH — Rail technology provider Wabtec (NYSE: WAB) will acquire Dellner Couplers, manufacturer of equipment and services for passenger rail rolling stock, in a $960 million deal, the companies announced Tuesday.

Dellner, based in Sweden, has an 84-year history in train connection systems, with about 100,000 couplers and 12,500 gangways installed worldwide. It has production, assembly and aftermarket service facilities in 13 countries, employing more than 1,200 people and serving more than...

https://www.freightwaves.com/news/wabtec-to-acquire-swedens-dellner-couplers-for-960m

Daily Infographic: The vast majority of Class I train derailments happen in rail yards

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https://www.freightwaves.com/news/daily-infographic-the-vast-majority-of-class-i-train-derailments-happen-in-rail-yards

FreightWaves Classics: Lightning Express goes coast-to-coast in 83 hours (in 1876!)

The Lightning Express. (Image: raylemire.com)

Today, one can fly from one of the New York City-area airports to an airport in the San Francisco Bay area (a distance of nearly 2,600 miles) in less than seven hours. But that’s now; back then…

Traveling cross-country (1840-1870)

A trip by wagon train would take four to five and one-half months, depending on the size of the wagon train, which particular route was taken, weather conditions and other variables. Travel by stagecoach was much shorter; usually only about four weeks. A trip by...

https://www.freightwaves.com/news/freightwaves-classics-lightning-express-goes-coast-to-coast-in-83-hours-in-1876

FreightWaves Classics: Construction of the transcontinental railroad was dependent on Chinese labor

Chinese laborers working on the Transcontinental Railroad. (web.stanford.edu)

Tomorrow is the 153rd anniversary of the completion of the first transcontinental railroad in the United States. It is not an overstatement that the transcontinental railroad changed transportation in this nation completely.

The Central Pacific Railroad (CPRR) began construction of the transcontinental railroad on January 8, 1863, and built east from California’s capital of Sacramento. Concurrently, the Union Pacific Railroad (UP) began construction westward from Council Bluffs, Iowa (near...

https://www.freightwaves.com/news/freightwaves-classics-construction-of-the-transcontinental-railroad-depended-on-chinese-immigrants

FreightWaves Classics/Fallen Flags: Tennessee Central Railway was “The Nashville Route”

A family and railway workers pose next to a TC locomotive. (Photo: TC Railway Museum)

There are many people interested in former transportation companies, whether they were trucking companies, railroads, airlines or ocean lines. These companies are called “fallen flags,” and the term describes companies whose corporate names have been dissolved through merger, bankruptcy or liquidation.

Today’s FreightWaves Classics profiles another fallen flag – the Tennessee Central Railway (TC reporting mark; better known as “The Nashville Route”). 

The Tennessee Central Railway ran from...

https://www.freightwaves.com/news/freightwaves-classicsfallen-flags-tennessee-central-railway-was-the-nashville-route

FreightWaves Classics: Bridge over the Mississippi River rededicated

The McKinley Bridge provides a Mississippi River crossing between Missouri and Illinois. (Photo: Nathan Holth/historicbridges.org)

Fourteen years ago today, a “rededication ceremony” was held for the McKinley Bridge, which links St. Louis, Missouri, with Venice, Illinois by crossing the Mississippi River. The bridge had first been dedicated 100 years earlier, on November 17, 1907.

Background

President William McKinley (Photo: The White House)President William McKinley
(Photo: The White House)

President William McKinley had been assassinated just a few years before (on September 14, 1901), and many believed then (and now) that the bridge was named for the fallen president....

https://www.freightwaves.com/news/freightwaves-classics-bridge-over-the-mississippi-river-rededicated