Progress Rail Services Tuesday said it has signed a definitive agreement to purchase Electro-Motive Diesel, Inc. (EMD) for $820 million in cash from Berkshire Partners LLC and Greenbriar Equity Group ...

After an absence of 12 years, Electro-Motive Diesel Inc. (a subsidiary of the Progress Rail Services Corp. division of Caterpillar Inc.’s Rail Division) has reentered the passenger locomotive market.

Southern California regional rail authority Metrolink has unveiled the first F125 Spirit diesel locomotive being built by Electro-Motive Diesel (EMD) at its manufacturing plant in Muncie, Indiana, US.

For the ECO line, Progress Rail and NSC have collaborated to repower 50 locomotives, since 2008. Credit: Norfolk Southern Corp. Caterpillar Company’s Progress Rail has teamed up with Norfolk Southern ...