Vivarail: First Across Firth of Forth, With a Royal Touch

At the COP26 UN Climate Change Conference in Glasgow, Scotland, U.K.-based rolling stock and battery technology manufacturer Vivarail operated the very first electric train across the iconic Firth of Forth bridge, and hosted His Royal Highness, Prince Charles.

CMU’s Posner Lays Track for Future of Rail Transit

(Originally published on the Carnegie Mellon University website.) A bright orange, battery-powered train breaks the lush green stillness of Rockhill Furnace, Pa., as it traverses track originally laid in 1876. At the

RDC, iCON Form IAIS Partnership

Railroad Development Corp., the Pittsburgh-based railway investment and management company with interests in railways and related businesses in the Americas and Europe, on Dec. 31, 2020 entered into a strategic partnership with iCON Infrastructure LLC, an independent investment firm focused on investments in core infrastructure businesses across North America and Europe. iCON Infrastructure Partners V will acquire a 40% stake in Class II Iowa Interstate Railroad (IAIS). RDC will remain majority owner of IAIS and together with iCON V “will continue to support its strong management team and dedicated workforce in providing best-in-class service to IAIS’ diverse customer base.”

Iowa Interstate’s Miller Retiring After 47 Years of Railroading

Dennis H. “Denny” Miller, Vice Chairman of Railroad Development Corp. (RDC) affiliate Iowa Interstate Railroad (IAIS), will retire effective Sept. 30, 2020, after a 47-year railroading career. Miller held various positions within IAIS, among them Vice President Customer Services, VP Operations, Executive VP-CEO, President, and most recently Vice Chairman. He also served on several committees with the American Short Line and Regional Railroad Association (ASLRRA) and was a 15-year board member with the Association of American Railroads (AAR).

Posner Foundation benefits OLI safety programs

A substantial donation to Operation Lifesaver, Inc. (OLI) from the Posner Foundation of Pittsburgh, Pa., will go a long way toward assisting the non-for-profit organization with its railroad public safety initiatives.

RDC’s Posner: “Europe needs cooperation as much as it needs competition”

In a forum at the May 21, 2014 OECD (Organisation for Economic Co-operation and Development) International Transport Forum in Leipzig, Germany, Railroad Development Corp. Chairman Henry Posner III said that European railways “need to be opened up for both competition and cooperation to widen their market and become successful.”