FINANCIAL EDGE, DECEMBER 2021 ISSUE: Now that the drama around the CP-KCS merger has finally subsided, the rail market has to occupy itself with other more mundane issues, such as the forward trajectory of coal loadings. Representing 12% of railcar loadings (even in its diminished state), coal remains a critical industry issue.
Environmental Protection Agency
Iowa Interstate Railroad, LLC (IAIS) has joined the U.S. Environmental Protection Agency’s (EPA) SmartWay® Transport Partnership program, and recently celebrated the 100th birthday of founding Chairman Dr. Paul H. Banner.
Already the leader in fuel-efficient surface transportation, the railroad industry is now making every effort to be a part of the solution to improving the environment, and the short line industry is all in on a variety of fronts.
Terminal operator and stevedoring company Metro Ports has acquired a second Tier 4 locomotive for its Pier G operations at the Port of Long Beach in California.
Water Train Inc., an operating unit of Modoc Railroad, has begun solicitations of private persons, companies and municipal governments to participate in the operation of a water test train.