Seoul, South Korea-based Hyundai Motor Group will invest $5.54 billion to open its first dedicated full electric vehicle (EV) and battery manufacturing plant in the United States. It will be located in Bryan County, Ga., and served by Genesee & Wyoming’s Georgia Central Railway (GC).
Short Lines & Regionals
Watco has completed a $3 million expansion of its Fairfield, Ala.-based training center. Also, Florida Gov. Ron DeSantis has awarded $3.2 million to Okaloosa County to expand roads, rail lines and utility infrastructure at the Shoal River Ranch industrial mega site, to be served by the Florida Gulf & Atlantic Railroad (FGA).
The Federal Railroad Administration (FRA) has released its annual enforcement report summarizing the regulatory compliance inspections and audits conducted in the past fiscal year by FRA or state inspectors participating in FRA’s rail safety program, as well as the civil penalty enforcement actions arising from them.
Class II Reading & Northern Railroad (RBMN) took delivery of its first unit train of frac sand around 10:30 am on May 15. Norfolk Southern delivered the train to RBMN’s North Reading Yard.
Let’s admit it, and fix the expectation: U.S. Class I railroads have not experienced robust service recovery. Yet railroad optimism and expectations of satisfied customers persists. Why?
Construction is under way at MxV Rail’s new railroad testing facility at the PuebloPlex campus in Colorado, which is set to open this fall.
“The Class I railroads recognize that their recent service performance has not met many customers’ expectations,” the Association of American Railroads (AAR) wrote in a May 18 filing to the Surface Transportation Board (STB). But while the STB’s May 5 decision to release updated, more-comprehensive rules for reporting performance and employment metrics “reflects an understandable desire for quick action,” it was “not issued in a vacuum,” AAR pointed out.
U.S. carloads and intermodal units for the week ending May 14, 2022, were each down about 5% from the same week last year, according to Association of American Railroads’ figures released May 18. It’s the 12th consecutive week of declines from the prior-year period.
Transport Canada has approved revisions to the Canadian Rail Operating Rules and the Locomotive Inspection and Safety Rules to reduce the risk of uncontrolled train movements.
At Railway Age’s Eighth Annual Rail Insights Conference, to be held virtually June 23, Surface Transportation Board Chair Martin J. Oberman will cover freight railroad service, reciprocal switching, supply chain congestion, labor shortages and Amtrak access—among the controversial issues the Board has been addressing during recent hearings.