Feds subpoena Progress Rail in Calif.

Nov 04, 2013 | 04:06 PM | Sean Davidson

Tags  Progress Rail, environmental law, rail car inspections, Caterpillar, scrap, rail car parts, Sean Davidson

NEW YORK — Progress Rail Services Corp. is being investigated by federal authorities for alleged violations of environmental law and improper business practices in California.

Albertville, Ala.-based Progress Rail received a grand jury subpoena from the U.S. District Court for the Central District of California on Oct. 24, parent company Caterpillar Inc. said in a Nov. 1 filing with the U.S. Securities....

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