Nexxiot, 3C Telemetry Partner to Enhance Rail Safety, Efficiency

Nexxiot on March 19 announced that it will enable “seamless connectivity” of 3C Telemetry’s advanced sensors to its analytics platform, “offering unprecedented insights into maintenance data patterns.”

Department of Energy prototype Fortis eight-axle cask-carrying railcar design. (TTC Operated by ENSCO)

Fortis Construction Advancing

Fabrication of a new railcar to transport spent nuclear fuel and high-level radioactive waste is now under way.

FreightCar America Castaños, Mexico manufacturing facility.

FreightCar America: ‘Solid Results’ for 4Q23; Randall Named New CEO

FreightCar America (FCA) delivered solid results for fourth-quarter 2023 with gross profit up 62% on significant year-over-year margin expansion, President and CEO Jim Meyer said during a March 18 earnings report, also announcing that Chief Operating Officer Nick Randall, effective May 1, 2024, will succeed Meyer as President and CEO and become a member of the company’s Board of Directors.

Commentary

Bearing Down on Bearings

The bearing related derailment that occurred in East Palestine Feb. 3, 2023 on a Norfolk Southern line was tragic in many ways. Following months of investigation, the NTSB held a hearing on

Commentary

EC Investigation Follows U.S. Attention to Chinese SOE Threat

The European Commission’s (EC) first-ever in-depth investigation under its new Foreign Subsidies Regulation (FSR) has been heard worldwide. Predictably, this high-profile, anticompetitive case was directed at China. CRRC (China Railway Rolling Stock Corp.),

People News: SEPTA, Wabtec

Southeastern Pennsylvania Transportation Authority (SEPTA) appoints Elisa Cunningham as Chief Technology Officer. Also, Wabtec Corporation elevates Kyra Yates to Vice President of Investor Relations.

Justin Roberts, VP, Corporate Finance & Treasurer, The Greenbrier Companies
Commentary

Greenbrier Group Meeting Takeaways From TD Cowen

We hosted a virtual group meeting with Justin Roberts, VP, Corporate Finance & Treasurer, The Greenbrier Companies. Mr. Roberts remains confident in GBX’s long-term operational plan, launched in April at the company’s first-ever investor day. Inquiry and order activity has been solid in recent weeks. He expects stable industry builds at or modestly above replacement for the next few years.

Aerial photograph of derailment site, courtesy of the NTSB.

Reports: NS to Cover East Palestine Cleanup, Face Residents’ Lawsuits

Following the Feb. 3, 2023, Norfolk Southern (NS) derailment in East Palestine, Ohio, judges have found the Class I “alone will be responsible for paying for the cleanup,” according to the Associated

Wheel Profiles and Potential Switch Point Derailments

MxV RAIL R&D, RAILWAY AGE MARCH 2024 ISSUE: Turnouts in poor condition can increase the risk of a worn wheel with steep flange angle and acute flange tip metal flow getting wedged

RailPulse, Nexxiot Team on Telemetry

Nexxiot has signed an agreement allowing RailPulse™—the coalition established in late 2020 to “facilitate and accelerate the adoption of GPS and other telematics technology across the North American railcar network”—to act as a

LOAD MORE