Latest News Continued
04 May 2016

Picture this!

From the April 2016 issue of Railway Age: How machine vision is revolutionizing automated vehicle health monitoring.

For April 2016, combined U.S. carload and intermodal originations were 1,972,829, down 11.8% or 264,327 carloads and intermodal units from April 2015, reported the Association of American Railroads on May 4, 2016. Carload traffic in April totaled 944,339 carloads, down 16.1% or 180,598 from April ...

From the April 2016 issue of Railway Age: No matter the environment, fastening systems need to be resilient, easy to install and customizable to a variety of specifications.

Canada’s chief financial watchdog praised VIA Rail’s internal management April 3 but slammed successive national governments for failing to support the state-owned passenger railway with strategic planning and capital investment.

From the April 2016 issue of Railway Age: From the era of fur-trading voyageurs, the St. Lawrence River Valley between the Great Lakes and Montreal has been Canada’s economic aorta. Solitary canoes gave way to steamships, railways, airplanes and freeways, and the vital artery i ...

From the May 2106 issue of Railway Age: “It never hurts to keep looking for sunshine,” Eeyore once said. However, in the rail economy, it’s the end of first-quarter 2016, and the market is mired in a slump.

In a curious role reversal, Canada’s former Minister of Transport, now opposition politician Lisa Raitt, has revealed that the Canadian government quietly paid C$75 million toward compensation for victims of the 2013 oil trains disaster that killed 47 in the Quebec resort town of Lac-M ...

The U.S. Department of Transportation (DOT) Federal Transit Administration (FTA) announced on May 3, 2016 an opportunity to apply for $8 million in federal funding for projects “that demonstrate innovative approaches to mobility issues in public transportation.”

The American Short Line and Regional Railroad Association (ASLRRA) installed Judy Petry, president and general manager of Farmrail System, as its new chairman. Peter Claussen, Jr., president of the Gulf & Ohio Railways, was selected as the new vice-chairman ...
“All four publicly traded railcar builders reported top-to-bottom first quarter misses, with our Outperform-rated Trinity (TRN) and Greenbrier (GBX) enjoying positive post-earnings stock reactions, while not-rated American Railcar Industries (ARII) and FreightCar America (RAIL) saw their shares ...
18
Page 18 of 784