The March 2024 issue of Railway Age is available digitally, showcasing our Short Line and Regional Railroads of the Year as well as deep dives into next-gen motive power.
Railinc’s TransmetriQ business unit on Feb. 29 reported releasing a Demurrage module for its rail management system, which it said is designed “to empower rail shippers with greater control of transportation costs.”
At age 87, Zoltan (Zoli) Kovacs is many things: a proud father, grandfather, and great-grandfather; an accomplished martial arts master and teacher; and a dedicated life-long learner, something he applied every day at Wabtec in his role as Regional Manager, Transit. But most of all, he’s a competitor—a fierce one at that!—who likes nothing more than translating his knowledge of rail applications into new Wabtec customers.
R.J. Corman Switching Company, LLC, a subsidiary of R.J. Corman Railroad Group, has launched operations at its Central Appalachia Inland Port at Prichard (CAIPP) division in Wayne County, W.Va.
In today’s complex, interconnected landscape of modern transportation, rail remains a key pillar for the movement of goods in support of households and businesses. It is essential in transporting raw materials and goods that the public does not often think twice about but are integral to the innerworkings of our society. What does tend to catch attention are derailment statistics without context, concerns over safety, and more.
Railway Age is calling on subscribers to submit their nominations by April 10 for the fifth-annual 10 Most Influential Industry Leaders poll.
At its 4Q/Full-Year 2023 earnings presentation, Union Pacific said it would invest $3.4 billion in capital this year. On Feb. 21, UP confirmed its plan to “support safe operations, renew assets and
Trinity Industries’ closed out 2023 with revenue up 51% over 2022 and a backlog of $3.2 billion, President and CEO Jean Savage said during an Feb. 22 financial report. Rising leasing rates
Sierra Northern Railway (SNR) elevates Brenton A. MacDonald to Vice President and Chief Operating Officer. Also, Claire Brinkley joins STV as Vice President and Strategic Growth Director for the firm’s transportation South/Central group; Anthony Pontone joins Hanson Professional Service Inc.’s Chicago regional office as a civil/railway engineer; and Ryan Miller joins Wells Fargo Rail as Executive Director of Mechanical Operations.
“The Wabtec team delivered a strong finish to 2023 as evidenced by higher sales, margin expansion, increased earnings and improved cash flow,” President and CEO Rafael Santana said in a Feb. 14 earnings announcement. Sales were up 15.7% year-over-year, driven by Freight and Transit growth. TD Cowen offers updated insight on Feb. 15.