Short Lines & Regionals

Batory to industry: “Seize the fourth quarter”

Federal Railroad Administrator Ron Batory on Oct. 17 completed a second series of meetings with senior leadership of Positive Train Control (PTC) system suppliers that are directly associated with the eight railroads FRA has identified as “most at risk of not meeting statutory requirements by the end of the year.”

AllTranstek expands services

AllTranstek L.L.C. has added Tax & Audit Services to its fleet management offerings, and has named industry veteran John Hoyt as Manager of the newly created service. The company said in created the new service “to respond to the growing demand for assistance in the highly specialized areas of monitoring tax code changes, ad valorem tax compliance and assessment reviews.”

Railcar market recovery remains intact: Cowen

Cowen and Company’s 3Q18 rail equipment survey indicates that the railcar market recovery remains intact, even though the survey’s results were “somewhat mixed,” according to analyst Matt Elkott. The percentage of shippers planning to order railcars “inched up very slightly, while order sizes decreased a bit. We expect strong 3Q18 orders, driven partly by crude tank car and intermodal equipment demand.”

ASLRRA, Rockwell Collins partner on PTC

The American Short Line and Regional Railroad Association (ASLRRA) has selected Rockwell Collins to assist tenant short lines in creating safety-related documentation required to obtain permission to operate over a host railroad’s Positive Train Control (PTC)-equipped territory. ASLRRA said this is “the next step in our plan to provide a suite of services for short line railroads equipping for PTC.”