Progress Rail Services Corporation, a Caterpillar Company

Progress Rail Services Corporation is a prominent transportation company founded in 1982 by Billy Ainsworth, headquartered in Albertville, Alabama, United States. As a subsidiary of Caterpillar Inc., Progress Rail combines deep industry expertise with innovative rail solutions to serve customers globally.

Employing over 7,500 professionals worldwide, Progress Rail offers a comprehensive portfolio of railroad and transit system products and services. With a strong presence in Miami and other key locations, the company plays a vital role in supporting sustainable movement of goods and people through advanced rail technology and infrastructure.

When Was Progress Rail Services Corporation Established?

Founded: 1982
Founder: Billy Ainsworth
Headquarters: Albertville, Alabama, United States
Industry: Transportation
Number of Employees: 7,500+ globally
Annual Revenue: Not publicly disclosed
Parent Company: Caterpillar Inc.
CEO: Martin Haycraft

Progress Rail Services Corporation Mission Statement

"We care about fostering the sustainable movement of goods and people for generations to come, and we know our customers care, too."

What Is Progress Rail Services Corporation Known For?

Progress Rail is recognized for its integrated and diversified offerings in the railroad industry, combining infrastructure, rolling stock, and advanced rail technologies to deliver innovative solutions worldwide.

Wide Range of Products and Services

The company supplies EMD® Locomotives, locomotive components and services, new and reconditioned freight cars, freight car leasing and repair, trackwork and fasteners, rail welding, signaling systems, and specialized maintenance equipment like Kershaw® vegetation management tools.

Advanced Rail Technologies

Investing heavily in technology, Progress Rail provides data acquisition tools, asset protection equipment, predictive analytics like PR Uptime™, energy management systems such as Talos™, fatigue monitoring, and PowerView™ event recorders to enhance rail safety, efficiency, and reliability.

Global Presence and Strategic Acquisitions

With over 110 facilities in the United States and additional operations in Mexico, the United Kingdom, Canada, Brazil, and other countries including locations with unreported facility counts like Australia, China, and India, Progress Rail maintains a significant international footprint. Key acquisitions like Electro-Motive Diesel (EMD) in 2010, Pacific Rail Engineering in 2014, and Rail Product Solutions in 2015 have strengthened its market position.

How Extensive Is Progress Rail Services Corporation's Global Network?

Progress Rail operates across multiple continents with strong facilities in North America, Europe, South America, and presence in Asia and Africa, positioning it as a leading transportation company supporting the rail industry's infrastructure and rolling stock needs worldwide.

The company's extensive network facilitates operations and services in Miami, Fla., as part of its commitment to providing local support with global expertise, serving diverse markets with customized rail solutions.

Key Operational Regions

Primary operations include over 110 U.S. locations, 34 in Mexico, 5 in the United Kingdom, and 4 in Canada, alongside smaller presences in Brazil, Italy, Germany, and multiple facilities across Australia, China, India, South Africa, and the United Arab Emirates.

Who Owns Progress Rail Services Corporation?

Progress Rail Services Corporation is a wholly owned subsidiary of Caterpillar Inc., a global leader in manufacturing construction and mining equipment. This relationship provides Progress Rail with financial strength and resources to innovate and expand within the transportation sector.

Is Progress Rail Services Corporation Currently Hiring?

You can check out the open positions that Progress Rail Services Corporation has right here on OysterLink.