CN has ordered 1,000 high-cube grain hopper cars from National Steel Car, Hamilton, Ont., to replace aging equipment and accommodate increasing annual Western Canadian crop yields. The order closely follows the Canadian government’s passing of Bill C-49, the Transportation Modernization Act.
For the 22nd consecutive year, Strato, Inc. has received TTX Company’s SECO (Supplier Evaluation Committee) Award. The 2017 SECO award placing Strato in the category of top companies earning the TTX Excellent Supplier designation.
Miner Enterprises has acquired Texas-based DFW Grating, a manufacturer of metal grating products.
The boards of General Electric and Wabtec on May 21, 2018 approved the merger of GE Transportation with Wabtec in a deal worth $11.1 billion. The merger will make Wabtec a Fortune 500 company and a major player in the railway equipment and services market, with operations in more than 50 countries.
The Association of American Railroads released a white paper highlighting technology’s role in making the U.S. rail network more efficient, reliable, and safer.
Machine vision technology will help CN keep an eye on its network of steel machinery.
WASHINGTON – Technology class was in session for Congress Monday, courtesy of Class I railroads.
The Association of American Railroads (AAR) on May 7 filed comments with the Federal Railroad Administration (FRA) and the Pipeline and Hazardous Materials Safety Administration (PHMSA) that call for the U.S. Department of Transportation “to take the same supportive regulatory approach with railroads that it has with automation of trucks and cars.”
As of May 7, 2018, there were 306,500 railcars in storage, and their numbers should drop below 300,000 before the third quarter, “a level that historically correlates with better railcar orders,” according
Cowen and Company Equity Research Analyst Matt Elkott, who covers the railway supply sector, on May 4 issued a report that looks favorably upon two potential combinations: Trinity and GATX, and Wabtec and GE Transportation.