Wabtec on June 6 launched its new Precision Dispatch System with an order from CN. (Photograph Courtesy of Wabtec)

Wabtec Lands Orders from CN, Fortescue

CN will roll out Wabtec’s new Precision Dispatch System, and mining company Fortescue Metals Group of western Australia will take delivery of Wabtec-modernized locomotives over the next two years.

Rail Equipment Conference Call Takeaways: Cowen

On May 31, we held a discussion with five expert panelists who provided insights into the current state and outlook of the rail, locomotive and railcar leasing and manufacturing markets. Overall, railcar demand recovery has been driven largely by freight cars, but our panelists indicated that tank car utilization and rates are rising. If this continues and eventually leads to higher tank builds, it could be a margin tailwind for manufacturers. As for the broader railcar market, inquiries remain strong, but labor and disruptions could limit production. Locomotive upgrades remain solid.

Pressure on NMB to Keep Sides Bargaining

As the Surface Transportation Board (STB), Federal Maritime Commission and Department of Transportation struggle to ease a problematic supply chain crisis, pressure is mounting on the National Mediation Board (NMB) to prevent a nationwide railroad work stoppage by guiding rail labor and management to a voluntarily negotiated agreement to amend union-member wages, benefits and work rules.

Merritt Becker, incoming CEO, National Railway Equipment Company (NRE)

Becker to Take the NRE Throttle

National Railway Equipment Company (NRE) has appointed Merritt Becker CEO, effective June 1.

Pictured (left to right) at the High Speed Loop groundbreaking this month are MxV Rail’s senior management Shawn Vecellio, Tammy Bregar, Kari Gonzales, and Ken Laine, and PuebloPlex Director of Operations Chris Bolt.

MxV Rail Breaks Ground on First Test Loop

Construction is under way at MxV Rail’s new railroad testing facility at the PuebloPlex campus in Colorado, which is set to open this fall.

Canadian Minister of Transport Omar Alghabra

Transport Canada Updates Operating, Safety Rules

Transport Canada has approved revisions to the Canadian Rail Operating Rules and the Locomotive Inspection and Safety Rules to reduce the risk of uncontrolled train movements.

“Earlier this month, @UnionPacific began filling several of their locomotives with REG’s UltraClean BlenD™. See how running on 100% biofuels can help them reach their sustainability goals. …” REG tweeted on May 9, 2022. (Screenshot of an REG Video, Courtesy of REG.)

UP, Wabtec, REG Launch Renewable Fuels Testing

Union Pacific (UP), in partnership with Wabtec and Renewable Energy Group (REG), earlier this month started a “trial of 100% renewable fuels as part of our comprehensive ESG initiative called Building a Sustainable Future 2030.”

NS Issues Green Bond Project Report

Norfolk Southern (NS) has published a report on the sustainability initiatives funded through its May 2021 issuance of $500 million in green bonds.

(Photo by William C. Vantuono)

Railinc Locomotive Report: Economic Mirror

RAILWAY AGE MAY 2022 ISSUE: 2021’s minor fleet size decrease reflects COVID-19’s economic impacts and excess locomotive supply due to utilization improvements surrounding PSR (Precision Scheduled Railroading).

Understanding Failure Risk

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.