RapidSOS Preps First Responders on Major Derailments
A partnership of first responders and Norfolk Southern via the RapidSOS platform provides train consist information to in the event of a major derailment.
A partnership of first responders and Norfolk Southern via the RapidSOS platform provides train consist information to in the event of a major derailment.
RAILWAY AGE, MARCH 2024 ISSUE: The rail industry grapples with developing climate-related resiliency plans. In August 2021, Southern California received its first-ever tropical storm watch, according to the U.S. National Oceanic and
Rail volumes could rebound in the second half of the year, but the pace of a rebound will depend largely on consumer confidence, executives from several Class I railroads cautioned at recent investor conferences.
The Port of Savannah is poised to expand service and rail capacity as the Mason Mega Rail project meets a production milestone.
Carloads for grain and motor vehicles have risen in recent weeks, a sign that the rail volumes could potentially be past their bottoming out, according to Union Pacific (NYSE: UNP) CEO Lance Fritz.
The Class I railroads are closely watching the restart of North American automotive production, hoping that the slow ramp-up will not only grow motor vehicle volumes but also improve demand for supplies such as steel and plastics, according to executives at recent investor conferences. However, a key unknown variable is whether consumer demand will lift volumes for automobiles and other goods, executives said.
Directors of the ports at Los Angeles and Savannah agree that the second quarter will be tough on port volumes as both facilities cope with blanked (cancelled) sailings. The lower port volumes, coupled with a loose truck market, could be a double whammy for U.S. Class I railroads.
Canadian grain groups are taking a fresh look at pressing government officials to enact legislation that would address how the country can continue shipping grain and grain products in the event of a strike or other work stoppage, FreightWaves reports.