OmniTRAX, Inc., an affiliate of The Broe Group and its subsidiary Stockton Terminal and Eastern Railroad (STE) in Stockton, Calif., completed the preservation of a historic locomotive, STE 678, which is currently travelling to its new home at the Reading Railroad Heritage Museum in Hamburg, Penn.
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended Feb. 22, 2020, and, for this week, total U.S. weekly rail traffic was 482,690 carloads and intermodal units, down 7.6% compared with the same week last year.
Delmarva Central Railroad Company (DCR) delivered the first railcar of liquid lysine for ADM to the newly opened Seaford Transload Terminal in late December 2019.
Canada’s railroads, and by extension the Canadian economy, are suffering from the blockades that First Nations peoples have been imposing since early February in protest of planned natural gas pipelines. The effect on the Canadian economy runs in the hundreds of millions of dollars per day, according to calculations by railroad economist and Railway Age Contributing Editor Jim Blaze (see below). Canadian Pacific President and CEO Keith Creel has called upon Prime Minister Justin Trudeau to honor First Nations leadership’s request to engage in a dialogue.
Congresswoman Carol Miller (R-WV) recently toured Magnetech Industrial Services, Inc. in Huntington, W.V., where she learned about its operations and impact on West Virginia railroads.
Navis, a part of Cargotec Corporation, has entered into an agreement to acquire the assets of Biarri Rail, a global provider of planning and scheduling optimization software for freight railroads. The acquisition is expected to be completed by the end of February 2020.
The Midwest Association of Rail Shippers (MARS) elected its 2020 slate of officers.
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended Feb. 15, 2020, and, for this week, total U.S. weekly rail traffic was 479,137 carloads and intermodal units, down 8.6% compared with the same week last year.
Bentley Systems Inc. recently announced its call for nominations for the Year in Infrastructure 2020 Awards program. The awards, which are judged by independent juries of industry experts, recognize infrastructure projects for digital innovations that improve project delivery and/or asset performance. The deadline for nominations is May 1, 2020.
Stonepeak Infrastructure Partners has entered into a binding agreement to acquire intermodal infrastructure provider TRAC Intermodal (TRAC) and its subsidiaries from investment funds managed by an affiliate of Fortress Investment Group LLC. “The transaction will provide Stonepeak with an industry leader to strengthen its infrastructure and transportation market portfolio and TRAC with a new sponsor and support for future growth,” Stonepeak said. “TRAC’s existing management team will continue to run the business in their current capacities.”
