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Jason Seidl: Shippers want more rail service
Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl attended the North East Association of Rail Shippers (NEARS) Fall Conference and offers the following generally…
Watco taps HTI for PTC
Herzog Technologies, Inc. (HTI) has entered into a contract with short line holding company Watco Companies, LLC to provide PTC (positive train control) program management and back office hosting services.
Herzog dons a Red Hat in a private Cloud
Herzog Technologies Inc. (HTI) on Sept. 19, 2016 launched a Cloud-based PTC (positive train control) system using technology from Red Hat, Inc., a provider of open-source systems.
AAR weekly traffic report: grain up as much as petroleum down
The Association of American Railroads (AAR) reported for the week ending September 10, 2016, total U.S. weekly rail traffic was 482,894 carloads and intermodal units, down 5.4% compared with the…
"Commentary remains cautious"
The economy remains “tepid” and surface transportation companies “remain focused on controlling costs, limiting capex and searching hard for growth opportunities,” according to Cowen and Company Managing Director and Railway…
AAR: Excluding coal, August carloads down only 1%
The Association of American Railroads (AAR) released August monthly figures with this nugget: Exclude coal, and the industry's carloads were down only 1% in August 2016 from August 2015, or…
RRVW names Zink to new economic development post
The Red River Valley & Western Railroad has appointed Daniel Zink to the newly created post of Vice President, Economic Development and Community Affairs of the 577-mile regional (Class II)…
OmniTRAX affiliate acquires Gerdau mill site in Sand Springs, Oklahoma
Sand Springs Railway Company (SS), a managed affiliate of OmniTRAX, Inc., announced on September 1 it is acquiring the Gerdau mill site in Sand Springs, Okla.
STB issues NPRM on small rate disputes after shipper feedback
The Surface Transportation Board released August 31 an Advance Notice of Proposed Rulemaking (ANPR), which considers a new, streamlined procedure to resolve small rate disputes between shippers of all commodities…
GE Transportation acquires ShipXpress
GE Transportation has acquired ShipXpress, a provider of “cloud-based software solutions that enable transportation, industrial, and commodities businesses to efficiently operate with supply chain partners.”
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