The House Transportation and Infrastructure Railroad Subcommittee has scheduled yet another pointless, time-consuming “status review” hearing on PTC. The people actually doing the implementation work—railroads, suppliers, consultants, FRA—get to spend another day getting peppered with pointless questions from clueless politicians who obviously don’t bother reading reports or doing basic research, and delight in wasting valuable people’s valuable time to prop up their huge egos and give the appearance of actually doing something useful.
Short Lines & Regionals
The League of Railway Women (LRW) has launched its new website, www.railwaywomen.org, commensurate with it official name change from the “League of Railway Industry Women.”
Inquiries and orders for new railcars remain robust, with strength in tank cars, intermodal equipment, box cars and steel gondolas, and the locomotive new-build market appears set for a gradual rebound, report Cowen and Co. Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl, and Cowen Vice President Matt Elkott from the firm’s annual Transportation Conference. “This reinforces our confidence in our 3Q18 forecast of 20,500 units in industry orders,” they said. CBR (crude by rail) could enjoy relative strength through 2022. We continue to favor Wabtec, Trinity, Greenbrier, and ARI.”
OmniTRAX has sold northern Canada’s Hudson Bay Railway to a group that will repair the flood-damaged railroad.
Short lines Chicago Rail Link and Illinois Railway recently received federal grants to aid in the deployment of Positive Train Control technology.
Deep into a summer of simmering trade and economic issues, grain and petroleum continued to lead growing U.S. rail traffic for the week ending August 25.
Reading and Northern Railroad has appointed Susan Ludwig as Vice President Customer Service, oversee all RBMN Customer Service Managers and all business including Anthracite Coal, Forest Products and General Merchandise for more than 70 customers. Ludwig reports directly to RBMN President Wayne A. Michel.
Short line Vermont Railway has added a new propane customer along the New York-Vermont border.
One short line railroad operating in the world’s biggest city is showing how rail can be a good transportation option, and a good neighbor.
The Springfield Terminal Railway has reached a tentative contract agreement with the Brotherhood of Locomotive Engineers and Trainmen.