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REF 2024: Tight Market Feeds Mixed Temperament

FINANCIAL EDGE, RAILWAY AGE APRIL 2024 ISSUE: At the Rail Equipment Finance Conference (REF) in March 2024, a tight rental market combined with lower new car build levels and listlessness in merchandise,

(Photo Collage Courtesy of Wabtec)
Commentary

Female Engineers on a Mission

Engineering is a profession that has traditionally been male dominated. In fact, men outnumber women in the global engineering workforce 86.3% to 13.7% (Source: Fictiv). But for innovation to thrive, it requires

Caltrain is shipping 32 of its nearly 40-year-old Nippon Sharyo gallery cars (pictured) for storage in Petaluma, Calif., where they will await a buyer. The transit agency, which had not recently used the cars in revenue service, is making room for its new electric fleet from Stadler, slated to start running this fall. (Caltrain Photograph)

Transit Briefs: Caltrain, Denver RTD, KC Streetcar

California’s Caltrain retires 32 gallery cars to make room for its new electric fleet. Also, Denver (Colo.) Regional Transportation District (RTD) kicks off a customer service pilot program; and Missouri’s Kansas City (KC) Streetcar Authority releases the results of its 2023 rider satisfaction survey.

RSI Petitions STB to Avert ‘Boxcar Cliff’

Citing a “looming supply chain crisis amid a dwindling number of active boxcars in the U.S.,” the Railway Supply Institute (RSI) has filed a petition with the Surface Transportation Board (STB) seeking

Nate Servis, CFO, Cando Rail & Terminals

Servis Named Cando Rail & Terminals CFO

Owner and operator of first- and last-mile rail infrastructure Cando Rail & Terminals has announced that Nate Servis has been appointed as Chief Financial Officer, effective March 26. Servis succeeds Rick Soenen, who is retiring.

The first Stadler hydrogen powered train for San Bernardino was on display at the outside track area.

Stadler Flirt H2 Sets World Record

The hydrogen fuel cell-powered multiple unit travels 2,803 kilometers (1,741 miles) without refueling.

HFC Developments Accelerating, Part 3 

This is the Hydrogen Fuel Cell Trains Association’s (HFCTA’s) fourth and final article in a series addressing Hydrogen Fuel Cell (HFC) powered trainsets, locomotives and streetcars that are commercially available, in development,

Engines of Change

RAILWAY AGE, MARCH 2024 ISSUE: The locomotive market is in a state of flux with numerous options in multiple stages of design and test. Apologies for the all-too-obvious wordplays, but the market

Headlining the 2024 NARS Annual Meeting in Chicago are BNSF President and CEO Katie Farmer (Railway Age’s 2023 Railroader of the Year), retired Kansas City Southern CEO Patrick Ottensmeyer (Railway Age’s 2020 Railroader of the Year and 2022 Co-Railroader of the Year), and Union Pacific CEO Jim Vena.

Farmer, Ottensmeyer, Vena Among NARS Headliners

BNSF President and CEO Katie Farmer, retired Kansas City Southern CEO Patrick Ottensmeyer, and Union Pacific CEO Jim Vena will serve as keynote speakers at the North American Rail Shippers Association (NARS)

“With the increase in train size, our [grain] customers will now have to plan and coordinate their operations around fewer trains,” said Ed Elkins, NS Chief Marketing Officer. “This creates new opportunities to explore ways we can leverage the capacity this frees up for both the customer and Norfolk Southern.” (NS Photograph)

NS Optimizing Grain Service

Norfolk Southern (NS) over the past year has partnered with grain customers to improve service and productivity, and those efforts have paid off, the Class I reported March 21. With each loaded train, NS is now moving 23% more grain.

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