There are things the regulators don’t tell you about marshaling and storing freight cars, such as how to detect rail head wear. Most railroad executives would not know how to do this. This commentary will include a few pointers that your favorite Class I railroad salesperson won’t typically pass on as business intelligence. Bad things can and do occasionally happen in rail yards. Therefore, it is prudent risk management to consider these matters ahead of time.
Railroad Financial Corporation (RFC) recently hired Roger Kelly as a Vice President.
After just over two years at the helm, Railway Supply Institute (RSI) President Mike O’Malley is leaving the organization at the end of July. O’Malley, who has served as RSI’s leader since early 2018, is “pursuing an opportunity with a corporation outside the Washington, D.C. area,” RSI said in an announcement. O’Malley joined the organization after serving in a government relations capacity with CSX.
Kerstin Schulz, Show Director of InnoTrans, discusses the transition of InnoTrans 2020 to InnoTrans 2021, as well as the new elements that will be debuting at its next gathering, with Railway Age Editor-in-Chief William C. Vantuono.
“Covid-19 impacts have varied across the supply chain though rail service has been really strong in recent months. Shippers noted the ability to get better pricing if they deliver volumes for Class I carriers. Supply chain near-shoring continues to be an underappreciated story and could benefit KSU if supply chains relocate to Mexico.”
“Railcar inquiries are largely in line with—if not slightly better than—the anemic levels seen two months ago. Translation into orders remains slow. Lease rates are still depressed, with no signs of improvement. Secondary market valuations appear to have eased. Locomotive upgrades could prove resilient. We’re constructive on Wabtec, Trinity and Greenbrier, but the latter two could see near-term pressure.”
RailSolutions, LLC has named Mike Mahoney as Senior Vice President, effective June 22, 2020. In his new role, Mahoney will be responsible for customer relationships and day-to-day projects.
The U.S. Department of Transportation (USDOT) and the Pipeline and Hazardous Materials Safety Administration (PHMSA), in consultation with the Federal Railroad Administration (FRA), issued on June 19 a final rule authorizing the bulk transportation of liquefied natural gas (LNG) by rail.
For the 24th consecutive year, Strato, Inc. has received TTX Company’s 2019 SECO (Supplier Evaluation Committee) Award, placing them in the category of top companies earning the TTX Excellent Supplier designation.
TTCI R&D, RAILWAY AGE JUNE 2020 ISSUE: The AAR-2A, a new standard wheel profile recently implemented for use in North American freight railway operations, is expected to provide improved service performance for wheelsets. This assessment is based on the analysis, simulation and testing conducted by Transportation Technology Center, Inc. (TTCI).