Mechanical

RSI: Three New Board Members; Brewin Appointed to RSAC

The Railway Supply Institute has elected Tricia Charles, Jeff Lytle and Harrison Wadsworth to its board of directors for three-year terms beginning Jan. 1, 2021. As well, RSI Vice President Government and Public Affairs Nicole Brewin was appointed to the Federal Railroad Administration Rail Safety Advisory Committee (RSAC).

Cowen 3Q2020 Surveys: 2021 Railcar Recovery, Shipper Pricing Expectations Higher

According to two third-quarter 2020 surveys conducted by Cowen and Company analysts Jason Seidl, Matt Elkott and Adam Kramer, freight car order expectations by the shipper sub-group of railcar buyers have risen, “reflecting a net incremental positive for demand”; and rail shippers expect rail price increases of 3.1%, up 80bps sequentially, as “economic expectations increased sequentially and many are now in line with the survey’s averages, if not higher.”

A Nod to King Lear

FROM THE EDITOR, OCTOBER 2020 ISSUE: I am not a fan of William Shakespeare. Frankly, I find him difficult to read, though methinketh he doth said some pretty cool stuff: “This life, which had been the tomb of his virtue and of his honour, is but a walking shadow; a poor player, that struts and frets his hour upon the stage, and then is heard no more: It is a tale told by an idiot, full of sound and fury, signifying nothing.” Or, “There is a tide in the affairs of men, which taken at the flood, leads on to fortune. Omitted, all the voyage of their life is bound in shallows and in miseries. On such a full sea are we now afloat. And we must take the current when it serves, or lose our ventures.”

Reason Not The Need: 2021 Financial Desk Book

Welcome to the 2021 Railway Age Railroad Financial Desk Book. It’s been about seven months since the COVID-19 pandemic began in earnest in the U.S. Generally, people, and by extension the rail finance community, would like things/business to return to normal. Normal, however, is as much a state of mind when it comes to North American rail, since heading into the pandemic, rail was heading into a softening market hoping for a rebound.

Motes: A New Approach to Equipment Health Monitoring

RAILWAY AGE, OCTOBER 2020 ISSUE: The railroad industry has been monitoring various aspects of rail vehicle health for decades using wayside detectors. These detectors have improved the operational safety and efficiency of the North American rail network, but there are drawbacks: Wayside detectors must be strategically placed to maximize traffic coverage, for example. What if, rather than getting an “inspection” once every eventual passing of a wayside detector, it was possible to continually monitor rail vehicle health in operations?