Wabtec And GE Transportation To Merge, Creating Global Leader For Rail Equipment, Services And Software
Strategic Combination Will Drive Shareholder Value Creation by Accelerating Innovation in Transportation and Logistics • Following the transaction, Wabtec will have approximately $8 billion in revenues, a more diversified business mix, higher margins, and approximately 15 percent cash EPS accretion in year one. • Both businesses are expected to benefit from the cyclical tailwinds they are experiencing as industry conditions improve. Complementary businesses and large global installed b...
Committee Unanimously Approves Water Resources Development Act
Washington, D.C. - The Transportation and Infrastructure Committee today unanimously approved the bipartisan Water Resources Development Act (WRDA) of 2018, legislation that provides for improvements to the Nation’s ports, inland waterways, locks, dams, flood protection, ecosystem restoration, and other water resources infrastructure. Today’s approval marks the third Water Resources Development Act approved by the Committee under Chairman Shuster’s leadership, and follows the transparent proc...
Hanes Geo Components Announces Acquisition of DDD Erosion Control
Hanes Geo Components, of Winston Salem, NC, announces they have reached an agreement to acquire DDD Erosion Control of Ashburn, GA. John Dowdell, President of Hanes Geo Components, commented that “DDD Erosion Control is a leader in the manufacturing and distribution of Silt Fence, a core product segment for Hanes Geo Components. In addition, their location in Ashburn, GA will improve our service capabilities throughout Southern Georgia and into Northern Florida”. Jerry Greene, President...
54 Bond Street Façade Preservation and Restoration by CTA Architects Receives the New York Landmarks Conservancy’s Prestigious Lucy G. Moses Preservation Award
54 Bond Street façade preservation and restoration by CTA Architects has received the New York Landmarks Conservancy’s prestigious Lucy G. Moses Preservation Award. Photo courtesy of CTA Architects New York, NY – 54 Bond Street façade preservation and restoration project in Manhattan has received a 2018 Lucy G. Moses Preservation Award. The international project team for this highly complex exterior restoration included architect CTA Architects P.C.; owner’s representative D+DS Architect...
Sokkia Introduces New High-Performance Manual Total Station
LIVERMORE, Calif., U.S./ CAPELLE A/D IJSSEL, the Netherlands | May 22, 2018 : Sokkia introduces the latest addition to its iM line of manual total stations designed to provide powerful performance in an affordable package — the iM-50. “Whether operators need an instrument for jobs such as site layout or perhaps as-built survey, the iM-50 offers the perfect solution with high-end performance and exceptional functionality,” said Ray Kerwin, director of global surveying products. The iM-50 ED...
Old Building Converts to “Living Building.” First in California
The Architectural Nexus office in Sacramento recently was certified as the first ever Living Building Challenge building in California. This “Living Building” uses recycled rainwater as its water supply and solar panels generate all of its energy. Waste? Not a problem. All waste is composted on site. No sewers needed. Creating such a building in Sacramento’s inconsistent weather made the project even more challenging. The International Living Future Institute (ILFI) created the Living Buildin...
Stantec Selected by City of Aurora, Colorado, to Spearhead Citywide Traffic Signal Retiming Project
Aurora, CO (May 21, 2018): Stantec, a global engineering, consulting, architecture, and construction firm, has been awarded a comprehensive citywide traffic signal timing project for the City of Aurora, Colorado. The project will include the retiming of almost 300 traffic signals across the second largest city in the metropolitan Denver area and the third largest in the state of Colorado. The project aims to improve the flow of traffic along major corridors by optimizing the traffic signal ti...
Stadler Selected Teleste’s End-to-End On-board Solution for Merseytravel Metro Trains in the UK
TURKU, FINLAND – 21 May 2018 – Teleste Corporation reveals that its on-board solution has been selected by Stadler for Merseytravel metro trains in the UK. Delivered to the Liverpool city region by 2020, the deployment will consist of 52 trains, which are designed for the specific needs of customers travelling on the Merseyrail metro network. The agreement also includes an option for another 60 trains. “We are pleased to work with Stadler for this significant deployment, which will replace o...
Record April Boosts Savannah's Containerized Trade
Savannah, Ga. - The Georgia Ports Authority's busiest April ever pushed its fiscal year-to-date totals to more than 3.4 million twenty-foot equivalent container units, an increase of 8.8 percent (280,000 TEUs) compared to the first 10 months of FY2017. "We're on track to move more than 300,000 TEUs in every month of the fiscal year, which will be a first for the Authority," said GPA Executive Director Griff Lynch. "We're also anticipating this to be the first fiscal year for the Port of...
Michael Baker International’s Malcolm Dougherty, P.E., Elected to ITS America Board of Directors
Michael Baker International, a global leader in engineering, planning and consulting services, today announced that Malcolm Dougherty, P.E., Senior Vice President and National Transportation Practice Lead, has been elected to the Intelligent Transportation Society of America (ITS America) Board of Directors. In this role, Mr. Dougherty and his fellow board members will provide strategic leadership and guidance to ITS America’s membership of key stakeholders in the intelligent transportation indu...