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.
MTA Metro-North Railroad said Monday it had restored “full train service” on its Port Jervis Line, severed by Hurricane/Tropical Storm Irene last August. “We have returned to a full schedule of 26 daily trains and 14 trains each weekend day, as indicated in the new November 28 timetable,” Metro-North said on its website.
Ansaldo on Tuesday announced that its Honolulu Joint Venture, a consortium comprising Finmeccanica companies Ansaldo STS and AnsaldoBreda, has signed a contract with the Honolulu Authority for Rapid Transportation to supply the technology and vehicles for the driverless metro line being advanced in Honolulu. Ansaldo says the $1.334 billion contract includes the design, construction (or “build”), operation and maintenance (DBOM) of the 20-mile line, which includes 21 stations. Ansaldo STS’ share of the deal comes to about $1.136 billion; AnsaldoBreda’s share is $198 million. Design and construction work is scheduled to take eight years, with the firststretch of track being operated and maintained beginning in 2015 and the wholeline from 2019 to 2029.
“Ansaldo STS is proud to have signed this important contract, whose value is thehighest in our history. Our company has a proven tradition of delivering highlysuccessful state-of-the-art rail systems around the world and we are fully ready toimmediately get to work to honor our commitment,” said Sergio De Luca, CEO ofAnsaldo STS.
Canadian Pacific Railway Ltd. announced Tuesday that that subsidiary Canadian Pacific Railway Co. is issuing: US$250 million of 4.50% Notes due 2022 and US$250 million of 5.75% Notes due 2042. The transaction is expected to close on Dec.1.
MTA Metro-North Railroad will begin service to the new Fairfield Metro Station on Monday, Dec. 5. Located midway between the Fairfield and Bridgeport stations, Fairfield Metro has 1,400 parking spaces.
The nation’s freight railroads have reached settlements with 10 of the 13 major rail unions covering more than 60% of 132,000 employees in the current round of bargaining, but a potential strike is still looming.
The National Carriers Conference Committee, which represents more than 30 railroads, among them the five U.S.-based Class I’s—BNSF, CSX Transportation, Kansas City Southern, Norfolk Southern, and Union Pacific—in national bargaining with the 13 unions, reported late Tuesday that the railroads have not reached agreements with the Brotherhood of Locomotive Engineers and Trainmen and the American Train Dispatchers Association to extend the current “cooling off” period, which ends Dec. 6. The railroads’ proposed extension, which a third union, the Brotherhood of Maintenance of Way Employes, accepted, was contingent upon the acceptance by all three unions. Absent an extension of the cooling off period or tentative settlement agreements, these unions and the railroads will be free under the Railway Labor Act to exercise “self-help” at 12:01 a.m. on Dec. 6.
“The railroads have made and will continue to make every effort to reach agreements with the remaining three unions,” said NCCC Chairman A. Kenneth Gradia. “During the busiest shipping and travel period of the year, a nationwide disruption of rail service would deal a crushing blow to our nation’s economy, potentially costing our country $2 billion a day. The Presidential Emergency Board appointed by President Obama to help avert such an outcome made recommendations for the resolution of these disputes. The railroads, and eight other unions, have agreed to implement these settlement terms, which reflect the Board’s careful consideration of both sides’ arguments. We urge the remaining unions to reach agreements with the railroads before December 6.”
According to the Capitol Hill news service The Hill, Congress is considering intervening in a potential strike.
House Speaker John Boehner (R-Ohio), Majority Leader Eric Cantor (R-Va.), and Majority Whip Kevin McCarthy (R-Calif.) said Tuesday “if a group of unions representing parts of the freight rail industry could not reach a labor agreement before a Dec. 6 deadline, they would step to prevent the unions from going on strike.
‘While our hope is that the parties involved will find common ground and resolve the situation without congressional involvement, the House is prepared to take legislative action in the days ahead to avert a job-destroying shutdown of our nation’s railroads, in the event such legislation proves necessary,’ they said. ‘A shutdown of our nation’s railways, which would harm our economy and endanger many American jobs, is unacceptable. We are confident President Obama and the leaders of the Senate agree.’”
In a letter to Congress, Matthew Shay, president of the Washington, D.C.-based National Retail Federation, said, “For retailers, a strike during the busy holiday shopping season could be devastating. It is imperative that Congress recognize the severe economic harm threatened by the failure to reach agreement with the remaining rail unions and move quickly to prevent a rail strike that would prove devastating to both businesses and consumers.”
The nation’s largest rail union, the United Transportation Union, is not part of the current round of negotiations. It reached an agreement with the carriers independently several weeks ago.
TriMet on Tuesday began installing solar panels at the South Terminus of the MAX Green and Yellow lines at SW Jackson Street, near Portland State University (Ore). The agency says that, when completed, the site will be the first solar energy project utilized along TriMet's 52-mile MAX light rail system.
Pittsburgh, Kan.-based Watco Transportation Services, LLC has announced it is acquiring what it calls “controlling ownership” of Milwaukee-based Wisconsin & Southern Railroad Co. (WSOR). Watco’s acquisition adds Wisconsin’s second-largest railroad to it stable of short line and regional properties.
Buoyed by recent state-supported extensions of Amtrak service that have proven popular, state rail advocates are clamoring for Amtrak service to be extended to Virginia’s southwestern reaches, including Roanoke, Va., last served by Amtrak’s Hilltopper in 1979.
Canadian Pacific has executed a trackage rights agreement with the Iowa Northern Railway that it says “expands CP’s market reach in Iowa and increases rail business options for customers’ agricultural commodities via CP anad IANR track.” The agreement provides Iowa Northern rights to operate over CP’s line between Garner, Iowa, and Nora Springs, Iowa.
Represented by the National Carriers’ Conference Committee, the major U.S. railroads late Thursday reached tentative agreements with the Brotherhood of Locomotive Engineers and Trainmen and the American Train Dispatchers Association, which together represent about 26,500 employees in collective bargaining. The last remaining union without a settlement, the Brotherhood of Maintenance of Way Employes (BMWE), agreed with the railroads to extend the “cooling off” period until Feb. 8, 2012, eliminating the immediate threat of a national rail strike, which could have occurred as soon as Dec. 6.
Patriot Rail Corp., which owns and operates 12 short line railroads, announced the appointment of David J. Rohal to its management team as vice president, reporting to Chairman, President, and CEO Gary O. Marino.