Breaking News

Trinity: Strong 1Q2019 growth

Trinity Industries on April 25 announced its first-quarter 2019 earnings results, which “show a strong improvement and continued growth of the owned/leased railcar portfolio, progress toward its goal of balance sheet optimization and a continued focus of returning capital to shareholders.”

Opinion

Adapt or die: Railroads must embrace advanced technologies

Advancements in the logistics industry over the past ten years have been vast, especially in over-the-road shipping modes with shippers utilizing 3PLs at record levels for domestic transportation management. The move toward partnering with logistics service providers has allowed shippers to use the power of modern technology to increase visibility and track product movements throughout their supply chains with greater efficiency than ever before. Unfortunately, rail has not seen advancement at the same pace, leaving shippers with the perception that rail carriers are behind the times.

Repeat actions don’t produce different outcomes

Amtrak CEO Richard Anderson and his chief deputy, Stephen Gardner, have proposed eliminating the company’s interregional trains in favor of a scattering of discontiguous, higher frequency short corridors connecting nearby city pairs. But this reflects a deep misapprehension of the performance of the company’s three primary business groups, and a surprising emphasis on minimizing the returns on investment of the company’s capital resources.

Part 2 of 6: Politicians Wrangle as Costs Climb

The original Access to the Region’s Core (ARC) Project started with a semblance of consensus but ended its 15-year life in controversy. Its replacement, Gateway, was proposed in February 2011, and has been surrounded by controversy for the entire eight years of its life, so far. The politicians and planners who are pushing the program consider it inevitable, just as they considered the now-defunct ARC Project inevitable almost until the day it was killed in 2010.