Leather and textile supply and maintenance company Perrone Railway has appointed Jason Fahlbush as Chief Operating Officer, based at its global headquarters in Fultonville, New York. He succeeds Bartle Avery who has retired.

CAI International has completed the $228·1m sale of its wagon fleet to Global Atlantic Financial Group subsidiary Infinity Transportation. ‘The closing of the sale of our remaining railcar fleet completes the commitment we made to divest our non-core assets and will allow us to maximise shareholder returns by focusing all of our resources on our core container leasing business’, said Timothy Page, Interim President & CEO of CAI on December 29.

APS Electronic will be renamed Kiepe Electric Schweiz with effect from January 11.

HDR has joined the US High Speed Rail Association

Engineering, architecture, environmental and construction services company HDR has joined the US High Speed Rail Association as a global VIP member. ‘HDR is a global engineering leader with vast experience and broad expertise that will be a great asset to building high speed rail across America’, said USHSR President Andy Kunz. ‘They are also global leaders in transit oriented development which leverages rail investments for improving communities for everyone.’