The United States Department of Energy (DOE) has awarded a contract to a consortium led by ENSCO, Inc. and including Kasgro Rail Corp., Oak Ridge Technologies LLC and RailcarCO Corp. to fabricate
Canada-based RailVision Analytics, which was launched in 2020 with the objective of “helping the railway industry reduce its fuel consumption and lower greenhouse gas (GHG) emissions,” announced Nov. 30 that it has closed a $4 million seed funding round from investors to be used for technical hiring, growing the company’s development team, and expanding its product line and customer base.
Class III rail carrier Aberdeen Carolina and Western Railway Company (ACWR) has filed a verified notice of exemption to acquire from Norfolk Southern (NS) the approximate 104-mile Piedmont Subdivision, which, pursuant to a Lease and Option Purchase Agreement, ACWR has operated since 1989, the Surface Transportation Board (STB) announced on Dec. 1.
For the week ending Nov. 26, 2022 (Week 47), total U.S. rail traffic was down 4.1% compared with the same week last year, the Association of American Railroads’ (AAR) reported on Nov. 30. Traffic was down 21% compared with the same week in pre-pandemic 2019, according to Susquehanna Financial Group (SFG) Analyst Bascome Majors.
The Indiana Rail Road Co. (INRD) will again be hosting Santa and Mrs. Claus in 2022. Also, non-carrier Revolution Rail Holding Company, LLC has filed a verified notice of exemption to acquire from Saratoga and North Creek Railroad (SNCR) approximately 33 miles of rail line in New York.
The Association of American Railroads (AAR) now has 46 weeks of traffic data for 2022 (ending Nov. 19). Total North American carload and intermodal traffic dipped 1.9% from the same point last year—with decreases in the U.S. and Canada, and an increase in Mexico.
Duos Technologies is one of the leaders of artificial intelligence (AI), data analytics, machine vision and other advanced technologies the railroads are increasingly leveraging. Chief Technology Officer Jeffrey Necciai and Duos Board
Button Oil & Propane opens a 240,000-gallon rail-fed propane terminal in Northumberland, Pa., which is served by North Shore Railroad (NSHR). Also, Fulton County (Ga.) Railway LLC (FCR), a managed affiliate of OmniTRAX, presents a community donation to an Atlanta-area fire department in honor of Owens Corning Trumbull Atlanta Division.
Conductors and yard workers represented by the Transportation Division of International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART-TD)—who constitute almost the full 30% of unionized rail employees bargaining over
Montana Rail Link (MRL) in January announced it would cease its long-term lease with BNSF to operate over main line between Huntley, Mont., and Sandpoint, Idaho. Now, it is asking for Surface Transportation Board (STB) authorization.
