Rail News Home Federal Legislation & Regulation 1/28/2019 Rail News: Federal Legislation & Regulation Short-line tax credit bill introduced in Senate A bill that would permanently extend the 45G short-line tax credit has been introduced in the Senate, the American Short Line and Regional Railroad Association (ASLRRA) announced late last week.The lead sponsors of S.…
Posts published in “Day: January 28, 2019”
Rail News Home Mechanical 1/28/2019 Rail News: Mechanical Wabtec, GE merger nears completion; Siemens, Alstom merger still a ways off Wabtec Corp. and GE Transportation late last week announced modifications to the terms of their merger agreement, which was reached in late 2018.The planned merger now is expected to close by February's end, subject to…
Distribution deal signed after InnoTrans demonstration 28 Jan 2019 USA: Having seeing the product in action at InnoTrans 2018, PowerRail has negotiated to be the sole US distributor of German company SORB’s PowerSORB, an organic material which can absorb up to four times its own weight of spilled lubricants, oils, paints, dyes, coolants and other…