Freight

Ryberg named TC&W AVP

The Twin Cities & Western Railroad Co. has promoted Tina Ryberg to Assistant Vice President Administration and Operations, based at the railroad’s headquarters in Glencoe, Minn. Ryberg oversees multiple departments including transportation/operations, maintenance-of-way, mechanical, safety, accounting, human resource, and administration.

New House bill includes 45G extension

The House Ways & Means Committee on June 19 introduced H.R. 3301,the Taxpayer Certainty and Disaster Tax Relief Act of 2019. The 45G railroad infrastructure maintenance tax credit is covered in Section 112, which extends 45G to Jan. 1, 2021 and retroactively to Jan. 1, 2018. (45G expired on Dec. 31, 2017.) The bill is expected to be marked up in committee on June 20.

Baun joins MULR as CCO

Rail industry veteran Theodore W. “Ted” Baun will be joining MUL Railcars, Inc. (MULR), a subsidiary of Mitsubishi UFJ Lease & Finance Company Limited (MUL), as Chief Commercial Officer, effective July 1. He will be responsible for fleet utilization, revenue generation and customer support operations, as well as “playing an integral role as part of the corporate leadership of MULR in planning and architecting the growth of the platform and the fleet as we drive toward our near-term objective of having a 25,000-car portfolio by the end of 2020,” the company said.

Transport Canada: Normalized steel TIH requirement, consistent with U.S.

Railroad tank cars transporting TIH (toxic inhalation hazard) substances in Canada will be required to have heads and shells constructed of normalized steel under updated Transportation of Dangerous Goods Regulations established by Transport Canada. The new rules, which take effect July 2, 2021, are consistent with updated U.S. regulations. Normalized steel undergoes heat treatment that increases its durability and resistance to cracking at low temperatures.