Latest News Continued
03 February 2016

The race to finish PTC

2018 or 2020, whatever the case may be, isn’t very far off. According to a Positive Train Control implementation chart published on the Federal Railroad Administration website, 30 out 37 U.S. freight and passenger railroads required to have PTC—roughly 80%—will have the technology in place ...
In reporting rail traffic for January 2016, Association of American Railroads (AAR) Senior Vice President John T. Gray said, “"Intermodal was solid in January, but carload volumes weren't what railroads were hoping for. By all accounts, rail service right now is excellent, but volume just isn't ...
The Greenbrier Companies, Inc. has promoted two senior-level executives to new positions. CFO Mark J. Rittenbaum, has been promoted to the newly created position of Executive Vice President, Commercial, Leasing and Finance. Lorie L. Tekorius, Sen ...
Continuing its hostile pursuit of Norfolk Southern, and faced with some stiff political and rail industry opposition in the U.S., Canadian Pacific on Feb. 3, 2016 released a white paper, CP-NS: A Comprehensive Approach to Regulatory Approval “detailing the comprehensive, merit-based pr ...

Chairman Daniel R. Elliott on Feb. 2, 2016 announced that the Surface Transportation Board (STB) will be posting monthly status reports of its implementation of S.808, the STB Reauthorization Act of 2015, P.L. 114-110 (2015).

Gilbert Ellzey “Gil” Carmichael, former Federal Railroad Administrator, and founder of the Intermodal Transportation Institute at the University of Denver, died Jan. 31 ...

Metra on Feb. 2, 2016 issued a request for proposals (RFP) for the design and production of 367 new railcars as part of the agency’s 10-year, $2.4 billion modernization plan.

A strategic business plan signed by General Electric and Russian locomotive and car builder Transmashholding for a diesel powerplant joint venture is an important component of a plan for GE to invest $1 billion in Russia’s oil and gas, power and transportation industries by 2020.

Siemens Mobility announced on Feb. 1, 2016 that it is expanding its footprint in Sacramento,Calif., with a new 60,000-square-foot plant dedicated to its rail service, maintenance and repair operations.

United Rail, Inc. announced on Jan. 6, 2016 a new partnership with German rail supply manufacturer, BBR Rail Automation GmbH (BBR), to represent and support its products and services to the North American freight and passenger rail transportat ...
4
Page 4 of 742