Latest News Continued

Global industrial company Harsco Corporation announced April 13, 2016 that its Harsco Rail track maintenance business has been awarded a multi-year contract in the UK valued at more than $40 million.

Freight traffic in the month of April, at least so far, isn’t showing signs of improvement. For the week ending April 9, 2016, carloads and intermodal units were down 20% and nearly 8%, respectively, the Association of American Railroads (AAR) reported on April 13.

13 April 2016

Picture this!

How machine vision is revolutionizing automated vehicle health monitoring.

The Association of American Railroads on April 12, 2016 presented Michael Hoey, a CSX Transportation civil engineer from Philadelphia, Pa., the 2016 John H. Chafee Environmental Excellence Award. U.S. Senator Cory Gardner (R-Colo.) was the 2016 John H. Chafee Congressional Environmental Award. ...
Impacted by lower volume, CSX posted first-quarter 2016 net earnings of $356 million, or $0.37 per share, down from $442 million, or $0.45 per share, in the same period of last year. “Service improvements, significant efficiency and resource alignment savings combined to help offset the impact of ...

ENSCO Rail, Inc., “in continuation of a successful business relationship with China,” recently delivered a Track Geometry Measurement System and Corrugation Measurement System to the Shanghai Metro.

Nossaman LLP has expanded its internationally recognized Infrastructure Practice Group with the hire of Shant Boyajian, former Senior Counsel for the U.S. Senate Committee on Environment and Public Works. Boyajian joins the firm as an Associa ...

Harold Francis Murray, former Senior Advisor – Passenger and On Board Services, PTSI Transportation, Winnipeg, Alberta, Canada, has passed away, the company announced April 11, 2016. He was 92.

Rail price increases will come at a slowing rate over the next 6-12 months, says Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl. This marks the fifth consecutive quarter of moderation as shippers are expecting rates to rise just 2.9%, acco ...
Half the rail shippers queried in Cowen and Company’s 1Q16 Rail Shipper Survey say they will or may place orders for freight cars in the next twelve months, according to Cowen and Company analyst Matt Ellkott. “Add eventual opportunistic buying by lessors/investors and some equipment replacem ...
15
Page 15 of 773