RAILWAY AGE MAY 2021 ISSUE: As part of the Association of American Railroads’ (AAR) Strategic Research Initiatives program, Transportation Technology Center, Inc. (TTCI) investigated the effects of tread braking on wheel wear and tread surface damage by monitoring the performance of three articulated five-unit well cars and five coal hopper cars with disabled brakes operating in otherwise normal revenue service conditions.
Railinc’s commercial products unit has a new name: TransmetriQ (pronounced trans-metric).
A. Stucki Co. appoints Chief Commercial Officer; Virginia Railway Express (VRE) names General Counsel; Quandel Consultants hires Senior Consultant; Trapeze Group Americas appoints General Manager; and BAI Communications (BAI) taps Group Business Development Director.
Union Pacific (UP) has recognized 63 chemical shippers for their dedication to safety with the 2020 Pinnacle Award.
FINANCIAL EDGE, RAILWAY AGE MAY 2021 ISSUE: The scuffle between CP and CN to acquire Kansas City Southern requires comment. In the 2021 Railroad Financial Desk Book, it was noted that KCS’s
Railcar demand is on the rise, but so is the price of steel, which Cowen and Company estimates has put a 15%-25% premium on newly built equipment.
CN reported May 7 it will purchase 1,000 high-capacity hopper cars from TrinityRail, a move that follows 14 consecutive months of record grain hauls as demand continues to grow in Canada and abroad.
Michael McCarthy will succeed Eugene (Gene) Henneberry as President and CEO of railcar lessor SMBC Rail Services.
First-quarter 2021 freight car reporting statistics from the Railway Supply Institute’s (RSI) American Railway Car Institute Committee (ARCI) show that, sequentially, orders grew, and deliveries and backlog were largely unchanged.
The May 2021 issue of Railway Age is available digitally, covering topics from carbon neutrality and cybersecurity to the rebirth of streetcars, and showcasing the honorees of our second-annual Readers’ Influential Leaders poll.
