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    Progress Rail Services logo features a stylized train icon moving forward along a track signifying efficient transportation

    Progress Rail Services

    Progress Rail Services, a Caterpillar company, is a global leader in integrated rolling stock and rail infrastructure solutions, delivering advanced locomotives, railcars, and maintenance services to the worldwide rail industry.

    Company Overview

    Progress Rail Services Corporation is one of the largest integrated providers of rolling stock, rail infrastructure solutions, and technologies for the global rail industry. The company offers advanced locomotives, railcars, trackwork, signaling, and maintenance equipment, along with repair, aftermarket parts, and recycling services. As a subsidiary of Caterpillar Inc., Progress Rail operates a global network serving freight and transit railroads.

    Key Metrics

    1,200

    Import Shipments

    150

    Distribution Centers

    2.5B

    Annual Revenue

    1983

    Founded

    Company Profile

    Key Milestones

    Important company milestones and achievements.

    Markets Served

    Geographic markets and customer segments served.

    Ownership Structure

    Corporate ownership and organizational structure.

    Sales Channels

    Distribution networks and sales approaches.

    Recent Developments

    Progress Rail has recently focused on sustainable rail technologies, digital solutions, and expanding global service capabilities to meet evolving industry demands.

    Strategic Expansion

    Introduction of next-generation, fuel-efficient locomotives and hybrid technologies

    Market Expansion

    Strategic efforts to expand market presence and reach new customer segments.

    Technology Adoption

    Implementation of advanced technologies to improve service delivery and customer experience.

    Business Information

    Progress Rail Services delivers comprehensive solutions for the rail industry, including the design and manufacture of EMD® locomotives, engines, railcars, and signaling systems. The company also provides maintenance-of-way equipment, locomotive and freight car repair, aftermarket parts, and recycling operations. With a global footprint spanning North America, South America, Europe, Asia, Africa, and Australia, Progress Rail supports both freight and passenger railroads. Their commitment to innovation and sustainability positions them as a key partner in the movement of goods and people worldwide.

    Headquarters

    Albertville, Alabama, USA

    Founded

    1983

    Stock Symbol

    Private company