Railway Interchange

R.J. Corman Awarded Contract for Texas Logistics Park

R. J. Corman Switching Company, LLC was awarded a contract to be the switching and transloading provider for the 137-acre multi-modal Hempstead Logistics Park owned by McAlister Assets and operated by RCR Rail Co. The Union Pacific-served logistics park is in Hempstead, Texas, approximately 50 miles northwest of Houston, Texas.

Takeaways, Locomotive and Railcar Conference Call: Cowen

According to Cowen and Company freight transportation analysts Jason Seidl (Managing Director and Railway Age Wall Street Contributing Editor), Matt Elkott and Adam Kramer, inquiries about new railcars appear to have risen slightly in the past month, while locomotive modernizations should remain solid, in the midst of a continuing weak new-build market. Industry-wide Precision Scheduled Railroading implementation has not been tested in a volume growth environment.

Cowen Survey: Railcar Demand Holding

Railcar demand appears to be holding up at the modest levels seen in second-quarter 2019, “despite continued rail traffic declines and ongoing PSR implementation,” according to a Cowen and Company’s third-quarter shipper survey. “Barring a recession, orders are unlikely to fall below replacement demand of about 10,000-12,000 units/quarter for the balance of the year.”

What PSR Is—and Isn’t: NEARS Talk

Out of a remote location in a corner of New England comes an interesting operations research view of what Precision Scheduled Railroading (PSR) is, and is not. Peter Swan, a Ph.D rail and logistics expert from the Penn State School of Business Administration, spoke Oct. 3 at the NEARS (Northeast Association of Rail Shippers) Fall 2019 Conference in Burlington, Vt.