Latest News Continued

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 ...

First-quarter 2016 freight car reporting statistics from the Railway Supply Institute (RSI) American Railway Car Institute (ARCI) Committee show that car orders are down, and the backlog (cars ordered but not delivered) is decreasing, as are deliveries.

The California Air Resource Board (CARB) on April 26, 2016 published its draft Technology Assessment: Freight Locomotives and is seeking public comment.

The South Florida Regional Transportation Authority (SFRTA) has launched a new free app, “Tri-Rail Tracker,” that allows passengers to know the exact location of their Tri-Rail train and when it will arrive at their station.

The Honolulu Authority for Rapid Transportation (HART) on May 2, 2016 publicly unveiled the prototype four-car driverless trainset for the new Honolulu Metro, which is schedule to open in about two years.

Following the Railway Age/Railway Track & Structures Light Rail Conference held April 27-28 in Philadelphia, about 30 delegates toured portions of the SEPTA streetcar and light rail networks.

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