Are short lines offering a better customer experience than Precision Scheduled Railroading (PSR)? The Class I railroad business seems to be all about the benefits of PSR. That’s the name of a cost minimization business strategy introduced more than a decade ago at CN, now expanding as the service model at five of the other six large North American railroad companies (Norfolk Southern, CSX, Union Pacific, Kansas City Southern and Canadian Pacific). Class I’s annually earn more than a Federal Railroad Administration-set threshold of $500 million in revenues.
Short Lines & Regionals
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended October 12, 2019, and it’s more of the same.
Norfolk Southern (NS) released its 2019 Corporate Social Responsibility (CSR) report, which highlights initiatives that aim to support a cleaner environment, promote economic growth and jobs, foster a diverse and inclusive workplace, and build stronger communities.
Affiliates of OmniTRAX, Inc. and The Broe Group have signed A&R Logistics, Inc. as anchor tenant at the Savannah Gateway Industrial Hub (SGIH), a master-planned, 2,750-acre industrial park owned by Effingham County Industrial Development Authority (ECIDA) with the capacity to accommodate up to 18 million square feet of industrial space.
Wabtec Corp. recently celebrated its 150th anniversary, as well as the grand opening of its new headquarters in Pittsburgh.
Genesee & Wyoming Canada (GWC) will cease operating Northern Ontario’s Huron Central Railway (HCRY) in early 2020 after failing to secure sufficient capital investment from the Ontario provincial and Canadian federal governments to keep the 172-mile line in northern Ontario open.
Pacific Harbor Line (PHL) recently released a video showcasing its “commitment to its critical role in the Ports of Los Angeles and Long Beach as the first and last mile of the global economy.”
R. J. Corman Switching Company, LLC was awarded a contract to be the switching and transloading provider for the 137-acre multi-modal Hempstead Logistics Park owned by McAlister Assets and operated by RCR Rail Co. The Union Pacific-served logistics park is in Hempstead, Texas, approximately 50 miles northwest of Houston, Texas.
According to Cowen and Company freight transportation analysts Jason Seidl (Managing Director and Railway Age Wall Street Contributing Editor), Matt Elkott and Adam Kramer, inquiries about new railcars appear to have risen slightly in the past month, while locomotive modernizations should remain solid, in the midst of a continuing weak new-build market. Industry-wide Precision Scheduled Railroading implementation has not been tested in a volume growth environment.
RAILWAY AGE at RAILWAY INTERCHANGE 2019: Knox Kershaw Inc. debuted an all-new ballast regulator, the KBR-925. Marketing Manager Courtney Kershaw describes the machine’s numerous features and improvements, among them a touch-screen-operated control system, to Railway Age Editor-in-Chief William C. Vantuono.