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.
Canadian Pacific says it “is well positioned to provide best-in-class service to western Canadian grain shippers during the 2015-2016 crop-year.”
APTA (American Public Transportation Association) has named HART (Honolulu Authority for Rapid Transportation) Executive Director and CEO Daniel A. Grabauskas as U.S./North America representative to the policy board of the UITP (International Association of Public Transport) for the 2015-2017 term.
New York Metropolitan Transportation Authority (MTA) Chairman and CEO Thomas Prendergast has named MTA Bridges and Tunnels President James Ferrara as interim president of MTA New York City Transit (NYCT) effective Aug. 21, when NYCT President Carmen Bianco retires. Ferrara will serve as interim president until Bianco’s permanent replacement is named.
There is “big potential” to expand crude by rail shipments to West Coast ports and to California, but building the infrastructure “has proven painstakingly slow,” writes RBN Energy LLC analyst Rusty Braziel.
David L. Powell, Vice President Motive Power for Genesee & Wyoming, has accepted a two-year assignment effective Sept. 1, 2015 as Director of Rolling Stock for Saudi Arabia Railway Co. (SAR), a 1,700-mile carrier of minerals and other cargo and passengers in the Kingdom of Saudi Arabia.
Union Pacific’s board of directors elected President and Chief Operating Officer Lance Fritz Chairman, President and Chief Executive Officer, effective Oct. 1, 2015. He succeeds John Koraleski as Chairman. Koraleski plans to retire Sept. 30 after a 43-year career at UP.
Demand for freight cars remains at a healthy level “in spite of a sluggish economy and extremely soft financial performances by the railroads,” Economic Planning Associates (EPA) said in its most recent quarterly railcar forecast, issued July 31, 2015.
The North Central Mississippi Regional Railroad Authority (NCMRRA) on July 30, 2015 completed its acquisition of Grenada Railway, LLC and signed a 15-year lease agreement with a subsidiary of Iowa Pacific Holdings to operate and develop new business on the line.
Norfolk Southern operated its Whistle-Stop Safety Train in North Carolina and South Carolina the week of July 27, 2015 “to remind motorists and pedestrians to be safe and alert when around railroad tracks and trains.”
Midwest Terminals, a full-service cargo, bulk, ballast and transloading operator with facilities in Toledo and Cadiz, Ohio, has opened MWT Railcar Repair Shop, a new freight car repair facility.
MWT Railcar Repair Shop is located on 175 acres in Ironville, Ohio, near the Port of Toledo and is serviced by Norfolk Southern. Services include railcar inspection and assessment, slack adjusters (MA156), unit train inspections and repairs, railcar general repair “in less than 85 hours,” in-house yard switching with two GP9 and locomotives and a Plymouth yard engine, off-lease inspection, overcoating and stenciling, and on-site car scrapping.
The facility is equipped with 20,000 feet of track, 18,000 square feet car shop with 40 feet of clear height, a 25-ton overhead crane, and a delivery line with two NS switches per week
that interchanges with CSX, CN, BNSF and Wheeling & Lake Erie. The shop features AWS D15.1-certified welders, in-house certified welding inspectors and NDT (non-destructive testing) Level II technicians, electronic estimate submittals, AAR electronic billing, and air brake testing. The shop’s Maintenance ID is MWTT; the Company ID is C701.
Bakken crude oil hauled in unit trains may disappear by 2017, according to an analysis conducted by RBN Energy LLC.
Munich, Germany-based Siemens and Montreal, Canada-based Bombardier are engaging in preliminary talks to merge their rail businesses, according to a report in the July 29, 2015 edition of The Wall Street Journal.
Florida East Coast Industries subsidiary Flagler Global Logistics on July 27, 2015 broke ground on the new Titusville Logistics Center, Port Canaveral, Fla.’s first multimodal inland port facility. When complete, the center will accommodate up to 2.9 million square feet of industrial development, “offering flexible warehouse and distribution options with multi-modal transportation connections.”
Florida’s Tri-Rail regional/commuter rail system on July 24, 2015 placed its first bicycle car, a specially equipped Bombardier bilevel trailer coach, in service.
“Short-term pressure,” in the words of President and CEO Jim Squires, contributed to Norfolk Southern on July 27, 2015 posting second-quarter 2015 financials with significant declines in net income, operating revenues and earnings per share, and an operating ratio that rose 350 basis points.
Wabtec Corp. on June 23, 2015 reported record results for second-quarter 2015.
The Sunday, July 26, 2015 Brickyard 400 NASCAR Sprint Cup Series race at Indianapolis Motor Speedway will have not one, but two CSX-primary-sponsored Front Row Motorsports Ford Fusions running: The familiar blue and gold “Play It Safe Around Railroad Tracks” No. 34, driven by 22-year-old Brett Moffitt, and the new “FFA (Future Farmers of America) + CSX Living to Serve” No. 38, with David Gilliland at the wheel.
Worldwide rail infrastructure and maintenance firm Harsco Rail, a division of Harsco Corp., will move all its technology products and services under the Protran Technology brand, including Zeta Tech, the company announced on July 22, 2015.
Railroads that are revenue adequate and earn their cost of capital should not be punished by capping their shipping rates, which would discourage the substantial and mostly private investment in the nation’s critical rail transportation infrastructure, CSX Executive Vice President and CFO Fredrik Eliasson told the Surface Transportation Board at a July 22 hearing.
The Senate Finance Committee on July 21, 2015 met to debate S. 637, legislation put forward by Chairman Orrin Hatch (R-Utah) to extend expiring tax credits, including the Section 45G Short Line Tax Rehabilitation railroad track maintenance credit. 45G has been publically endorsed by 38 Senators who have cosponsored S. 637, a bill by Sens. Mike Crapo (R-Idaho) and Ron Wyden (D-Ore.) to extend the credit.