Latest News Continued

The Surface Transportation Board's Section of Environmental Analysis (SEA) released an Environmental Notice Thursday on the proposed joint use agreement by CSX Transportation and the Delaware & Hudson between Rouses Point Junction, N.Y., and Fresh Pond Junction, N.Y.

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SEA said is distributing the notice “to certain agencies and communities, as well as all of the parties on the board's service list to encourage public review and comment on the conclusion of the applicants that the transaction would not have a significant effect on the human environment, and does not require further environmental or historic analysis ... After the close of the comment period, SEA will consider all timely comments, conduct its own independent review of all available environmental information, and then recommend to the Board whether there is a need for formal environmental review in this case.”

SEA is providing a 20-day period “for all potentially interested parties to submit any comments on potential environmental issues that they might have.”

Comments may be filed on the board's web site, www.stb.dot.gov, by clicking on the E-FILING link.

--> The Surface Transportation Board's Section of Environmental Analysis (SEA) released an Environmental Notice Thursday on the proposed joint use agreement by CSX Transportation and the Delaware & Hudson between Rouses Point Junction, N.Y., and Fresh Pond ...

Registration is now open for the 2010 Railway Tie Association’s 92nd Annual Conference, set for Oct. 12-14 at the Hilton Branson Convention Center Hotel in Branson, Mo.

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Speakers on the program agenda include: John Gray, senior vice president of Policy & Economics, Association of American Railroads; Richard Timmons, president of the American Short Line & Regional Railroad Association; Chuck Baker, executive director, National Railroad Construction & Maintenance Association; and numerous speakers from the major Class I railroads.

Leisure activities include the RTA Golf Tournament October 12, a fly-fishing event, and RTA’s “first-ever trap shooting tournament.”

For more information, contact RTA by calling (770) 460-5553, or by email at ties@rta.org. Online registration is available at www.rta.org.

--> Registration is now open for the 2010 Railway Tie Association’s 92nd Annual Conference, set for Oct. 12-14 at the Hilton Branson Convention Center Hotel in Branson, Mo. ...

Global Railway Industries announced Wednesday that its lenders have agreed to further extend the company’s credit facilities.

On March 31, Global's lenders agreed to amend the terms of the credit facilities to provide an extension on the condition that the company complete, by June 30, either a sale of one or more of its subsidiaries or a debt or equity financing of not less than $5,000,000, including a minimum equity injection of $2,500,000.

On June 30, the company and the lenders entered into an amending agreement providing a further extension of existing credit facilities to Oct. 31.

The company said it continues to evaluate financing alternatives to enhance its liquidity and overall financial position, including a debt or equity financing and/or replacement credit facilities.

--> Global Railway Industries announced Wednesday that its lenders have agreed to further extend the company’s credit facilities.On March 31, Global's lenders agreed to amend the terms of the credit facilities to provide a ...

RailAmerica announced Wednesday that it has agreed to buy acquire Atlas Railroad Construction Co. and related assets for $21.5 million in cash, plus closing adjustments for working capital estimated to be approximately $2.5 million.

Atlas was formed in 1954 as an engineering, construction, maintenance, and repair company operating mainly in the Midwest and Northeast. Its principal customers are public transit agencies, short line and regional railroads, and industrial railroads.

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RailAmerica President and CEO John Giles said: “We expect the next several years to see a dramatic increase in spending on railroad infrastructure driven by government stimulus programs and increased investments by North American railroads upgrading and improving their rail lines. Acquiring Atlas, a quality company with established relationships in the transit and freight rail sectors, positions Rail America to benefit directly from this spending.”

Giles said that during the next 12 months, Atlas will generate approximately $25 million in revenue, $3.5 million in operating income, and $2.1 million in depreciation and amortization. RailAmerica intends to use cash on hand to finance the purchase.

 

 

--> RailAmerica announced Wednesday that it has agreed to buy acquire Atlas Railroad Construction Co. and related assets for $21.5 million in cash, plus closing adjustments for working capital estimated to be approximately $2.5 million. ...

Owens Corning has named Union Pacific the only railroadrecipient of its 2009 Global Logistics Carrier Excellence award recipient. UPwas recognized only railroad to receive the award, was recognized forsuperior on-time performance.

“It is quite an honor to receive this recognition from OwensCorning,” said Eric Butler, Union Pacific vice president—IndustrialProducts. “We constantly look for ways to add value for our customers bylistening to their needs and providing the most efficient and effectivetransportation solutions.”

Owens Corning notes that “in addition to providingsuperior service, award-winning carriers also help Owens Corning achieve itswaste-free sustainability goal through involvement with the SmartWay™Transport Partnership and impressive safety record.” SmartWay™ isa partnership between freight industry sectors and the U.S. EnvironmentalProtection Agency (EPA) that establishes incentives for fuel efficiencyand reducing greenhouse gas emissions.

--> Owens Corning has named Union Pacific the only railroadrecipient of its 2009 Global Logistics Carrier Excellence award recipient. UPwas recognized only railroad to receive the award, was recognized forsuperior on-time performance. ...

Bombardier Transportation said Thursday it has signed a five-year contract with Fraport AG for the operation and maintenance of its INNOVIA APM 100 automated people mover system at Frankfurt International Airport, running from 2011 through 2015. The contract also includes an additional five-year option to 2020. 

For the first five years, the contract is valued at approximately $32 million.

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The extension follows 16 years of successful cooperation between Bombardier and Fraport at Germany’s largest airport. In 1994, Fraport was the first customer to purchase the driverless INNOVIA APM 100 system with CITYFLO 550 signaling.

Fraport AG Chief Executive Officer Stefan Schulte said, “In its 16 years of continuous operation, the ‘People Mover,’ which we also call ‘Skyline’ due to its view over Frankfurt’s skyscrapers, has become an institution of Frankfurt Airport, and it would be hard to imagine the place without it.”

Eran Gartner, president, Systems Division, Bombardier Transportation, said, “We are delighted to continue our Operations and Maintenance services for Fraport at one of the world’s busiest international airports providing an excellent service for the airport’s millions of passengers.”

Bombardier also said Delhi Metro Rail Corp. Ltd. (DMRC) has awarded a contract valued $101 million with Bombardier Transportation for an additional 74 MOVIA metro cars. The order includes an option of a further 40 cars. Delivery will follow the completion of existing contracts and is expected to end in 2011, when DMRC will be operating a fleet of 498 MOVIA cars.

Bombardier signed its first contract with DMRC in July 2007, and opened its manufacturing plant in Savli, Gujarat, in November 2008. It completed the local manufacturing of its first metro car in June 2009. Today more than 160 MOVIA carsare operating in Delhi’s metro network.

Rajeev Jyoti, president andmanaging director, Bombardier Transportation in India, said, “India's railway industry is expanding at great speed to keep up with the infrastructural requirements of the country. Having anticipated this growth, Bombardier in India is more than ready and willing to match the industry’s needs in terms of products, technology, and our international expertise. Making Vadodara the only city in the world equipped to deliver all key electrical and mechanical components for the manufacturing of a railway vehicle is a clear demonstration of Bombardier’s local capacity and commitment."

--> Bombardier Transportation said Thursday it has signed a five-year contract with Fraport AG for the operation and maintenance of its INNOVIA APM 100 automated people mover system at Frankfurt International Airport, running ...

CSX Corp. says it has named Pamela L. Carter, president of Cummins Distribution, to its board. Carter will serve on the governance committee and the operations and public affairs committee.

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Carter (pictured at left) has served since 2008 as president of Cummins Distribution, a $1.8 billion division of Columbus, Ind.-based engine maker Cummins Inc. She has held a variety of leadership positions with Cummins since joining the company in 1997.

Carter also serves on the board of directors of Spectra Energy Corp. Last March, she was appointed to the Export-Import Bank of the United States’ sub-Saharan Africa Advisory Council (SAAC).

--> CSX Corp. says it has named Pamela L. Carter, president of Cummins Distribution, to its board. Carter will serve on the governance committee and the operations and public affairs committee. ...

Arcata, Calif.-based Carlson Wireless Technologies, a provider of solar powered wireless voice and data communications, has announced its latest VTS monitoring and alarm technology.

VTS offers system monitoring and alarm capabilities to notify communication managers of changes in system environment affecting supply voltage, equipment, temperature, and signal strength—all signs of potential wireless link failure. Notification is either through contact closure or via email alert. Additionally, alarm thresholds can be custom set by the system manager.

VTS is currently offered in select LongHaul™ rack mount backhaul radios available in frequencies from 700 MHz to 6.0 GHz, including the 4.9 GHz public safety band. LongHaul™ radios offer the ultra-low fixed latency SWiFT™ technology, which allows long distance microwave links for UDP applications such as T1/E1, VoIP, and video surveillance networks.

Designed specifically for public safety and critical infrastructure communications links, VTS is especially useful for remote applications and systems using solar or other off-grid energy sources.

“Power supply monitoring isa big help to our remote customers. It notifies them when solar panel performance is compromised from shading by snow, volcanic dust, or other debris,” said Carlson Wireless Quality Assurance Manager Chris Spoerle. “With VTS, these things can be addressed long before system failure.” 

--> Arcata, Calif.-based Carlson Wireless Technologies, a provider of solar powered wireless voice and data communications, has announced its latest VTS monitoring and alarm technology.VTS offers system monitoring and alarm capabilities t ...

Job creation, economic development, and environmental improvements rated equally high among participants Wednesday of “Putting America Back on the Fast Track: The Case for High-Speed Rail,” a webinar sponsored by Siemens Mobility and presented by Bloomberg BusinessWeek.

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Noting the participant input, Railway Age Editor William C. Vantuono, moderator of the session, said 74% of those responding to a question on the highest HSR priority listed “all of the above” as their answer. Among the remainder, 8% cited job creation as HSR’s highest priority; 11% selected economic development; and 7% environmental benefit.

Consensus was evident on several other HSR factors as well among the three panelists:  Buddy Dyer, mayor of Orlando, Fla., and a leading proponent of Florida’s Orlando-Tampa HSR project; Amtrak Assistant Vice President of Policy and Development Drew Galloway; and Parsons Brinckerhoff Assistant Vice President of Planning and Special Projects Peter Sklannik, Jr.

Among other points, the three noted the value of integrating HSR with other regional/commuter rail and light rail  alternatives, along with other modes.

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Amtrak’s Galloway noted such successful implementation on the Northeast Corridor, while Mayor Dyer pointed to the support of and concurrent development in HSR and regional rail (SunRail) in the Orlando metropolitan area.

PB’s Sklannik stressed the “feeder/distributor network” a mix of rail modes could offer to deliver “a true multimodal effect”—and a maximizing of investment flow that could “help reinvigorate local economies.” That assertion in effect countered HSR critics who assert that the mode will have little beneficial economic impact.

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Each of the three panelists also advanced specific points of his own. For PB’s Sklannik, public/private partnerships are likely a critical formula for most, if not all, U.S. high speed rail development to come. For Orlando Mayor Dyer, HSR funds must be specified and quantified in any renewal by Congress of a Surface Transportation Act—HSR has been omitted from previous measures.

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Amtrak’s Galloway, responding to a question from Railway Age's Vantuono (pictured at right), stressed that “higher-speed rail” (HrSR) must be a part of the U.S. mix to adjust not only to fiscal realities but to varying market sizes and city-pair distances, pointing to ongoing work on Union Pacific’s route linking Chicago and St. Louis which will see 110 mph HrSR service.

Siemens has made available the webinar for viewing, which is accessible by scrolling to the top of this page, or the top of Railway Age’s home page, and pushing the “Register Now” button of the Siemens webcast alert there. Alternately, click here to access the webinar presentation.

 

 

--> Job creation, economic development, and environmental improvements rated equally high among participants Wednesday of “Putting America Back on the Fast Track: The Case for High-Speed Rail,” a webinar sponsored by Siemens Mobility and presented b ...
What Canadian Pacific says was a “one in 100-year rainfall event (one in 500-year event in some locations)” is expected to reduce the railroad’s earnings per share by 10 to 13 Canadian cents in the second quarter, although CP says a most of the shipments deferred by flooding will be moved in the third quarter.

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CP gave this estimate Tuesday as it announced that the section of its main line east of Medicine Hat, Alta., which has been out since June 18, has now reopened. The southern line between Lethbridge, Alta., and Swift Current, Sask., was reopened earlier.

“During the 11-day outage CP utilized both secondary network routes and detour routes on other railways to minimize impacts todomestic and international supply chains,” said the railroad. “With the resumption of normal traffic routing CP will work closely with its customers and supply chain partners to reschedule and expedite shipments that may have been delayed by the temporary outage.”

 

--> What Canadian Pacific says was a “one in 100-year rainfall event (one in 500-year event in some locations)” is expected to reduce the railroad’s earnings per share by 10 to 13 Canadian cents in the second quarter, although CP says a most of the ship ...
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