Reported 2 days ago
L.B. Foster Company (NASDAQ:FSTR) has made a significant advancement in rail logistics by delivering its first 320-foot rail train to Lake State Railway in Michigan on August 28. This innovative delivery system, rolled by Steel Dynamics Inc. and transported via BNSF Logistics, reduces the need for costly field welding and large-scale installations. The longer rails will improve efficiency and durability for various infrastructure projects, particularly in challenging environments. Chief Engineer Tom Klemm highlighted the rail's ability to enhance service flexibility and cost-effectiveness for modern rail networks.
Source: YAHOO