Carloads for grain and motor vehicles have risen in recent weeks, a sign that the rail volumes could potentially be past their bottoming out, according to Union Pacific (NYSE: UNP) CEO Lance Fritz.
Marion, Ohio, located in the north-central area of the state, is home to the Marion Industrial Center, a versatile facility ideally suited for owner/operators and investors in Intermodal, Transloading, 3PL (third-party logistics), Automobile Storage and Distribution, and industrial real estate development. Privately owned and operated since 1975, the Center is now available for sale to “owners and operators of logistics and transportation businesses who can utilize it to gain strategic advantage and enhance their overall operations,” according to Cushman & Wakefield’s Managing Director, Whitney Kerr, Jr.
CN President and CEO JJ Ruest, Railway Age’s 2019 Railroader of the Year, joins Editor-in-Chief William C. Vantuono to talk about freight rail‘s role in the rapidly-evolving global supply chain, and adapting
The Federal Transit Administration (FTA) has made available about $891 million in federal funding for 12 transit infrastructure projects across the country. The funding “will be used to advance the readiness of projects for a construction grant agreement or a Full Funding Grant Agreement (FFGA). Funding is provided through FTA’s Capital Investment Grants (CIG) Program.”
Russian Railways (RZD) has developed a draft road map to develop quantum communications, as the company looks to build on successful tests of the secure communications system.
Europe’s Shift2Rail (S2R) research initiative has received 43 requests for a combined €113.3 million in funding in its 2020 call for proposals, around 50% more than the €75.4 million in available funding.
Internal documents stolen during a cyber-attack on Stadler’s headquarters have been published online after the manufacturer refused to give in to ransom demands.
There is good news from Washington, D.C. concerning federal support for transportation. The New York City Department of Transportation is a direct recipient of Federal Transit Administration funding on behalf of the Staten Island Ferry.
CSX’s Pride in Service initiative was recognized with Engage for Good’s 2020 Gold Halo Award for Employee Engagement.
The Los Angeles County Metropolitan Transportation Authority (Metro) Board of Directors has authorized the release of an updated draft of its 2020 Long Range Transportation Plan (2020 LRTP), a $400 billion, 30-year transportation blueprint for the region. There is a 45-day public review period (through July 13, 2020) to gather comments.
The Federal Transit Administration (FTA) announced the availability of $1.25 million in funding to demonstrate and evaluate innovative technologies and designs to improve the state of good repair for transit agencies.