CPKC photo

CPKC Joins RailPulse™ Coalition

Canadian Pacific Kansas City (CPKC) on Feb. 1 announced that it has joined the RailPulse™ Coalition, becoming the third Class I railroad and the tenth member of the coalition, which was established in late 2020 to “to develop, broaden and accelerate the use of GPS and other telematics technologies on railcars that increase safety, efficiency, and visibility across North America’s freight rail industry.”

Now On Line: Railway Age February 2024 Digital Edition

The February 2024 issue of Railway Age is now available digitally, covering the freight rail policy outlook and showcasing our 25 Under 40 “Fast Tracker” honorees.

ARCI: Freight Car Market Performing Well

The Railway Supply Institute (RSI) American Railway Car Institute Committee (ARCI) has released 4Q2023 data indicating a freight car market that has performed well since the pandemic, with a healthy backlog closing

Commentary

RSI Volunteers Make Strides for a Strong 2024

Last year, the Railway Supply Institute (RSI) and the rail community experienced its fair share of challenges and successes. Notable among the highs were strides made by RSI committees to educate the public and advocate for greater industry safety.

Bunge Joins RailPulse™ Coalition

Agribusiness company Bunge has signed on as the first railcar-owning shipper of RailPulse™, the coalition established in late 2020 to “facilitate and accelerate the adoption of GPS and other telematics technology across

AllTranstek Promotes Kuz to Account Manager

Downers Grove, Ill.-based rail transport management and consulting firm AllTranstek LLC recently announced that Steve Kuz has been promoted to Account Manager.

“GATX achieved excellent financial results in the fourth quarter, resulting in a very strong year in terms of net earnings, earnings per share and investment volume," said GATX President and CEO Robert C. Lyons.

GATX 4Q23: ‘Excellent Financial Results’

Chicago-based GATX Corp. has reported fourth-quarter 2023 net income of $66.0 million, or $1.81 per diluted share, compared with fourth-quarter 2022’s $48.4 million, or $1.36 per diluted share. For full-year 2023, net income was $259.2 million, or $7.12 per diluted share, versus the prior year’s $155.9 million, or $4.35 per diluted share.

Commentary

TTX’s Tom Wells on Driving Down Railcar Maintenance Costs

Despite the below-freezing inclement weather, a respectable number of hearty Midwest railroaders gathered at the Union League Club of Chicago to attend the January meeting of the Western Railway Club. Following tradition,

Railroads have used Wabtec’s Trip Optimizer to operate their trains for more than 1 billion auto miles, the equivalent of more than 40,000 trips around the Earth. (Wabtec Photograph)

Supply Side: Wabtec, Rail Vision

Wabtec’s Trip Optimizer energy-management software tops 1 billion miles of operation. Also, Rail Vision Ltd. lands a switch-yard systems contract from a U.S.-based rail and leasing services company.

Railway Age’s 2024 ‘Fast Trackers’ 25 Under 40 Honorees

Railway Age is pleased to announce the 25 “Fast Trackers” selected for this year’s 25 Under 40 awards program.

LOAD MORE