Lee Verhey will take on the Executive Director role for the Railway Supply Institute (RSI) Committee on Tank Cars (CTC), starting May 23. He succeeds RSI CTC Vice Chair John Byrne, who announced earlier this year that he would retire.
Comet Industries has acquired Seneca Railroad and Mining, with RR Mergers & Acquisitions as advisor.
We hosted another Suds with Seidl event featuring leaders across the railroad industry. Rail service continues to be severely challenged, although there have been some slight improvements in recent weeks. Rails continue to have tremendous pricing freedom, and are capitalizing despite service metrics. Intermodal demand remains high, although the recent Blume Global supply chain management platform cyberattack outage has impacted service.
FreightCar America closed first-quarter 2022 with “significantly improved results” in spite of “persistent inflationary and supply chain challenges,” President and CEO Jim Meyer said during a May 10 earnings report that also announced his 2023 retirement.
RAILWAY AGE, MAY 2022 ISSUE: Welcome to “Timeout for Tech with Gary T. Fry, Ph.D., P.E.” Each month, we examine a technology topic that professionals in the railway industry have asked to learn more about. This month, we discuss risk of failure and methods we can use to quantify this risk.
RAILWAY AGE, MAY 2022 ISSUE: Under the Association of American Railroads (AAR) Strategic Research Initiatives (SRI) program, MxV Rail (formerly TTCI) is conducting research to characterize, evaluate and improve the performance of long-travel draft systems. Draft systems protect railcars as coupler forces are transmitted through a train by controlling relative motion between coupled cars and absorbing energy during impacts.
The May 2022 issue of Railway Age is available digitally, showcasing the honorees of our third-annual Readers’ Influential Leaders poll and covering signal failure avoidance, North American locomotive fleet stats, and more.
Newly released data from the Railway Supply Insitute American Railway Car Institute Committee (ARCI) shows orders and deliveries remaining steady in Q122. The total backlog grew by approximately 7.4%, to 46,208, compared to
Safety is the most important thing we do at BNSF. And as we move toward our safety vision of a workplace free of accidents or injuries, we celebrate our successes, both of
American Industrial Transport, Inc. (AITX) has appointed Eric Baltz as Chief Financial Officer. Baltz joins AITX following 14 years with coal producer Peabody Energy, most recently as Senior Vice President and Chief Accounting Officer.