William C. Vantuono, Editor-in-Chief

William C. Vantuono, Editor-in-Chief

With Railway Age since 1992, Bill Vantuono has broadened and deepened the magazine's coverage of the technological revolution that is so swiftly changing the industry. He has also strengthened Railway Age's leadership position in industry affairs with the conferences he conducts on operating passenger trains on freight railroads and communications-based train control.

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Metal theft has occurred in recent days in Portsmouth, R.I., and in Taunton, Mass., involving two railroad rights-of-way in New England.

Last Wednesday, June 1, a CSX engine, en route to a food service distributor located within the Myles Standish Industrial Park in Taunton, ran aground due to the removal of two eight-foot sections of rail. No one was injured. One piece of the dismembered rail was still on site.

The incident occurred on right-of-way owned by the Taunton Development Corp., but CSX police reportedly were assisting local officials in investigating the incident.

In Portsmouth, two sections of rail, one about 20 feet long and the other six feet in length, appear to have been cut by torch and removed from the Newport Secondary Line, according to Everett Stuart of the Rhode Island Association of Railroad Passengers, who was interviewed by local media concerning the event. The track involved is owned by Rhode Island’s Department of Transportation, and sees very little service of any kind.

Observers suspect both acts occurred on or around the Memorial Day holiday weekend, and they attribute both thefts in part to the lure of selling scrap metal as a fiscal option in hard economic times. “I think it’s a sign of the times,” said Taunton Development Corp. Director Dick Schafer. “People are desperate, and theft of metal is big right now.”

Jon Enos, owner of Enos Metals in Taunton, estimated that a scrap yard might pay between $240 and $300 a ton for scrap steel, though his business does not involve steel purchases. RI-ARP’s Stuart similarly estimated scrap value at roughly $250 a ton.

All nearby scrap metal shops have been informed of both incidents, officials said.

Canadian National customers continue to reap benefits from the railroad's system-wide productivity push. Scheduled potash rains provide the latest evidence.

Sen. Frank Lautenberg (D-N.J.) and Rep. Jim McGovern (D-Mass.) have introduced House and Senate versions of the Safe Highways and Infrastructure Preservation Act, which would freeze national truck size and weight limits on the interstate highway system. Rep. Frank Wolf (R-V.A.) is the lead co-sponsor of H.R. 1574.

Wednesday, 04 May 2011 08:37

High-riding CSX rewards its shareholders

CSX Corp., a Wall Street favorite because of its high earnings and low operating ratio, announced moves today that are likely to strengthen its appeal to investors. CSX announced that its directors have approved a 3-for-1 stock split, a 38% increase in the quarterly dividend on its common stock, and a $2 billion share buyback program. 

 

Following L.B. Foster’s acquisition of Portec Rail Products, Inc. in mid-December, 2010, the company has formed “a new business team focused on enhancing its global leadership position in wheel/rail interface solutions,” L.B. Foster said today. The new organization is named L.B. Foster Friction Management.

Thursday, 16 June 2011 06:45

U.S. freight carload traffic edges up

U.S. freight carload traffic moved up 0.3% during the week ending June 11, measured against the comparable week one year ago, the Association of American Railroads reported Thursday. U.S. intermodal volume for the week advanced 6.4% from the same week in 2010.

Thursday, 16 June 2011 06:56

Alstom Board OKs major reorganization

Alstom said Wednesday its Board of Directors has approved “a major reorganization of the company” proposed by Chairman and CEO Patrick Kron (pictured below), to take effect July 4, 2011.

Friday, 10 June 2011 06:39

HNTB adds rail personnel for Northeast

Calculating the potential business generated by recent federal high speed rail dollars apportioned to Amtrak’s Northeast Corridor and other Northeast rail locations, HNTB Friday announced it has added four rail experts to its Northeast Division.

Thursday, 16 June 2011 07:16

Toronto suburbs pass LRT/BRT plan

By a 9-2 vote, the Waterloo Regional Council Wednesday approved a C$818 million rail plan to serve a large swath of Toronto’s western suburbs.

Thursday, 09 February 2012 15:19

Hotstart APUs selected for two projects

Montana Rail Link (MRL) and the Northeast States for Coordinate Air Use Management (NESCAUM) have contracted with international engine heating technology company Hotstart to provide APUs (Auxiliary Power Units) on 61 diesel-electric locomotives.

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