Freedom Railcar Solutions expands services to Gulf Coast

Mobile railcar repair company Freedom Railcar Solutions, LLC on April 20, 2016 announced that it has reached an agreement in principle with USA Rail Terminals, LLC to establish a mobile repair and cleaning presence at USA Rail’s 200-acre Port Allen Rail Terminal in Port Allen, La. Freedom’s new location will provide mobile and on-site railcar repair and cleaning services. Freedom’s mobile units will have the ability to serve customers within a 250-mile radius of USA Rail’s Port Allen Terminal. Freedom also will have access to a portion of track at the terminal allowing it to accept to the site railcars in need of repairs, requalification and cleaning.

Wabtec reports first quarter EPS of $1.02

Wabtec Corporation on April 26, 2016 reported results for first-quarter 2016, with higher sales in the company’s Transit Group more than offset by lower sales in the Freight Group, leading to $772 million in sales for the quarter. Changes in foreign exchange rates reduced sales by about $18 million compared to the year-ago quarter.

HART taps INIT for smart card, mobile ticket system

The Honolulu Authority for Rapid Transportation (HART) and the City’s Department of Transportation Services (DTS) have partnered with INIT for the implementation of a smart card and mobile ticketing solution for use across TheBus and the Honolulu rail transit systems.

CSX lands on Best Corporate Citizens List for fourth time

CSX on April 22, 2016 announced that it has been recognized as one of Corporate Responsibility Magazine’s Best Corporate Citizens for 2016 “reflecting [the railroad’s] ongoing commitment to being a good neighbor in the communities it served.” CSX, which has now made four appearances on the list, ranked 47 out of 100, and was the only railroad included in the ranking.

NCTD receives TSA’s Gold Standard Award for security

The Transportation Security Administration (TSA) presented on April 21, 2016 the North County Transit District (NCTD) with the Gold Standard Award at the transit agency’s board meeting. Mark Packard, NCTD’s Board Chair, accepted the award on behalf of the organization.

NRC holds 2016 Rail Construction & Maintenance Equipment Auction

The National Railroad and Construction and Maintenance Association, Inc. (NRC) held its annual Railroad Construction and Maintenance Equipment Auction on Thursday, April 14, 2016 at the Blackmon Auctions facility in Little Rock, Ark. Thomas Blackmon, Jr. of Blackmon Auctions and his team ran the auction proceedings, which was a success with a total of 200 pieces of equipment sold for an NRC auction record $1.3 million to on-site and online bidders.

Amtrak’s ‘Trails and Rails’ program adds NYC – Washington, D.C. route

The National Park Service (NPS), in partnership with Amtrak, has added the New York to Washington, D.C. Saturday morning route as part of its Trails and Rails program, Amtrak announced April 21, 2016.

NS downsizing Knoxville Yard

Norfolk Southern Corp. on April 20, 2016 announced that it will downsize its Knoxville, Tenn., classification yard, effective May 1. “The action is in response to lower traffic volumes and is consistent with the company’s ongoing implementation of its strategic plan to enhance operating efficiencies, reduce costs, drive profitability and support long-term growth,” NS said.

UP: Solid OR offsets volume decline

Union Pacific on April 21, 2016 reported 2016 first-quarter net income of nearly $1 billion, or $1.16 per diluted share, compared to about $1.2 billion, or $1.30 per diluted share, in first-quarter 2015, and an operating ratio of 65.1%, essentially flat compared to the prior-year quarter.

Down, down goes the freight traffic

Freight traffic still shows no signs of growth in the week ending April 16, 2016, as carloads and intermodal units were both down nearly 13% and 7.5%, respectively, the Association of American Railroads (AAR) reported on April 20, 2016.

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