Climate change: Timely advocacy needed

The scientific community has long warned of anthropogenic climate change, and a growing majority of Americans believe the threat is real. The United States is at the tipping point, and the rail industry could be a major beneficiary.

REF 2019 roundup

If you missed this year’s Rail Equipment Finance Conference held in La Quinta, Calif., you may have missed the best rail equipment and finance program ever assembled in one location. Never fear, here is the “Financial Edge” annual summary of key takeaways from the speakers gracing the podium at REF 2019.

I’m singin’ the boxcar blues

The future of the North America rail freight boxcar been a lingering question for about four decades during my railroad career. Much like the proverbial frog asks in slowly heating water, “Is it boiling yet?

Contractors, railroads battle catastrophic flood damage

Record-setting floods have caused extensive damage to railroad infrastructure across large sections of the Midwest, prompting a surge in construction and repair work.

Cyber Resiliency: A Clear and Urgent Necessity for Modern Railroads

The World Economic Forum’s most recent Regional Risks of Doing Business report lists cyberattacks as the top concern of corporate executives in 19 countries, including advanced economies in North America, Europe, and Asia. These concerns, according to the report, “highlight the growing reliance of global commerce on digital networks that are the target of increasingly sophisticated and prolific attacks.”

A new frontier in railway innovation

As railways push ahead with digitalization, more and more are engaging and implementing solutions from a new form of supplier: the tech start-up. This is changing the railway-supplier relationship and altering the industry’s wider approach to innovation, as IRJ’s Kevin Smith discovers.

Rail freight traffic continues decline

North American carload and intermodal traffic again declined compared to 2018, according to figures for the week ending March 16, 2019 released by the Association of American Railroads (AAR) on March 20.

Belke joins Strategic Rail Finance

Strategic Rail Finance (SRF) has named rail industry veteran Carl Belke as Executive Consultant in the firm’s Freight Rail Business Advisory practice. Belke has 45 years of freight rail experience in management, strategy, engineering, operations, government advocacy and public policy.

ASLRRA to Congress: Make 45G permanent

On the heels of Tuesday’s House Ways and Means Select Revenue Measures Subcommittee hearing on Temporary Policy in the Internal Revenue Code, American Short Line and Regional Railroad Association President Chuck Baker submitted comments to Congress to take action on tax-extender policies that include the 45G Short Line Tax Credit.

G&W exploring investor/ownership options

Genesee & Wyoming is considering a major change to its financial structure and ownership, and is exploring either taking on a strategic investment partner or an outright sale, according to a report from Bloomberg.