Progress Rail Services is a leading provider of rail and transit products and services in the United States. Founded in 1983, the company specializes in manufacturing locomotives, freight cars, and trackwork, as well as offering maintenance and repair services. It plays a crucial role in supporting the railroad industry by enhancing the efficiency and safety of rail operations. In 2006, Progress Rail was acquired by Caterpillar Inc., a global leader in construction and mining equipment. This acquisition allowed Progress Rail to leverage Caterpillar's extensive resources and technology, further expanding its capabilities in the rail industry. The company is committed to sustainability and innovation, focusing on developing eco-friendly solutions for rail transportation.