Live Breaking News & Updates on தொழில்துறை ரயில் சேவைகள்

Stay updated with breaking news from தொழில்துறை ரயில் சேவைகள். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Do We Need Another North American Railcar Builder?


Do We Need Another North American Railcar Builder?
The National Alabama railcar manufacturing facility is now idle.
ARS Canada Rolling Stock Co. is entering the North American freight railcar market with support from a $3 million repayable contribution from the New Brunswick Provincial government in Canada. Here we go again.
ARS is thought to be a venture of CRRC (China Railway Rolling Stock Corp.), a Chinese SOE (state-owned enterprise). Its manufacturing plant, to be located in Moncton, N.B., promises to create 83 jobs, with prospects to grow to 100 jobs over the next two years.
The North American railcar market is extremely cyclical, making it very difficult for freight railcar builders and component supply companies to manage the peaks and valleys. Because of this cyclicality, numerous carbuilders and suppliers have come and gone over the decades. To illustrate my point, below are excerpts from “Don’t We Ever Learn?,” a ....

United States , North Carolina , New Brunswick , Province Of New Brunswick , Bob Riley , Pat Mccrory , Williamc Vantuono , Canada Rolling Stock Co , American Railway Car Institute , Railway Supply Institute , National Alabama , Railway Age , National Steel Car , Industrial Rail Services , China Railway Rolling Stock Corp , Hong Majestic Legend Holdings , Rolling Stock , North American , New Brunswick Provincial , Editor In Chief William , Vertex Railcar , Retirement System , Governor Bob , Freightcar America , North Carolina Pat Mccrory , Hong Kong Based Majestic Legend Holdings ,