“Shippers expect rail price increases of 2.3%, up 40bps sequentially, above rail cost inflation, but well below the survey’s average. Economic expectations are all higher sequentially; some remain below the survey’s average while some are very positive indicators. With PSR cost-cutting, growth opportunities and the ability to capitalize on supply chain near-shoring, Kansas City Southern remains our top rail pick.”
Author: Andrew Corselli
The California High-Speed Rail Authority (CHSRA) is releasing its second project-level Draft Environmental Impact Report/Environmental Impact Statement (EIR/EIS) for the 49-mile project that would provide service between the Salesforce Transit Center in San Francisco and the San Jose Diridon Station. The document for the Northern California project section will be available for public comment starting Friday, July 10.
The New York Metropolitan Transportation Authority (MTA) and Transit Innovation Partnership launched a new “COVID-19 Response Challenge” in an effort to engage the private tech industry and rapidly evaluate and deploy innovative technologies that make public transit safer, healthier and more responsive to customer and workforce needs in light of the global pandemic.
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended July 4, 2020, and, although traffic declines were still evident, things appear to be getting better.
The League of Railway Women (LRW) has extended the deadline for a pair of scholarships—the Connie Sumara Memorial Scholarship and the Future of Railroading Scholarship—to July 20, 2020.
OmniTRAX, an affiliate of The Broe Group, is bringing its Rail-Ready Sites program to the Stockton Terminal and Eastern Railroad (STE).
TekTracking LLC announced a new order as part of the continued rollout of Gate Light (GLM) and Safety Light Monitors (SLM) at grade crossing locations on a Class I railroad in western Canada.
The Federal Railroad Administration (FRA) has awarded $528,028 in Railroad Trespassing Enforcement Grants to 11 projects in six states in an effort to support life-saving trespass abatement.
In June CN achieved another monthly record by moving 2.7 million metric tonnes (MMT) of Canadian grain. In the first half of 2020 through June 30, CN moved 15 MMT, which also represents an all-time best quarter for CN with 8.15 MMT moved.
Michael Mangione will be expanding his leadership responsibilities at WSP USA, as he was promoted to National Markets Director for Transportation.