Industry-Railway Suppliers, Inc. (IRS) has promoted Vice President Scott Commo to President, succeeding Ron Hobbs, who has retired. The changes were effective May 1, 2015.
Canadian National Railway plans to invest C$2.7 billion in 2015 for rail infrastructure maintenance improvements, as well as in new capacity, equipment and technology to raise network safety and efficiency, improve service and support future growth, the company announced on May 5, 2015.
Union Pacific Railroad plans to invest $4.2 billion capital dollars in its network this year, following investments totaling more than $31 billion from 2005-2014. These investments contributed to a 38% decrease in derailments over the last year, the railroad said.
More than 170 delegates gathered on April 28-29, 2015 to listen to regulators, operators and business leaders discuss ways to collectively enhance safety within the industrial rail community.
The final spec for the now-official DOT-117 (TC-117 in Canada) non-pressurized tank car adopts the most demanding of the technical requirements first offered for comment in the notice of rulemaking: jacketed and thermally insulated shells of 9/16-inch steel, full-height half-inch-thick head shields, sturdier, re-closeable pressure relief valves and rollover protection for top fittings.
Construction is under way on the first of three phases to upgrade the CORP (Central Oregon & Pacific) Siskiyou rail line; work will begin this spring and summer to reopen the 95-mile line between Ashland, Ore. and Weed, Calif. The 389-mile CORP is a Genesee & Wyoming subsidiary.
Compared to the prior-year week, carloads for the week ending April 25, 2015 on U.S. Class I railroads dropped 7.9%, but intermodal saw yet another gain, rising 5.6%, netting a slight dip of 1.6% in overall rail traffic, the Association of American Railroads reported.