Railroad News

Siemens to provide substations for Sound Transit expansions

Siemens will provide the power infrastructure for the Central Puget Sound Regional Transit Authority (Sound Transit) light-rail system's latest expansion, officials announced.

 

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BNSF to spend $260 million in Illinois, Oklahoma this year

 

As with is previously announced plans for Texas, Kansas, Missouri, Montana and Washington state, the focus of the state programs will be on maintenance.

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Rail Traffic for the Week Ending February 17, 2018

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The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending February 17, 2018.

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EPA certifies emission-reduction system for NCDOT locomotive

Rail News Home Sustainability 2/21/2018 Rail News: Sustainability
image The technology uses catalytic reduction to chemically remove diesel engine emission pollutants from the locomotive's exhaust before it's released into the air.Photo – North Carolina DOT

The U.S. Environmental Protection Agency (EPA) has certified an emissions-reduction system for one of the North Carolina Department of Transportation's (NCDOT) passenger locomotives.

Known as a blended after-treatment system (BATS), the technology uses catalytic reduction to chemically remove diesel engine emission pollutants from the locomotive's exhaust before it's released into the air.

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TSB: More rail accidents reported last year in Canada

In 2017, 1,090 railway accidents were reported to the Transportation Safety Board of Canada (TSB), a 21 percent increase over 2016 but close to the five-year average of 1,028, the board reported yesterday.

There were 77 rail-related fatalities in 2017 — 11 more than the previous year and two more than the five-year average, according to the TSB's preliminary statistics report on transportation occurrences.

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Progressive Railroading's 2018 Finance & Leasing Guide: Banks

Rail News Home Mechanical February 2018 Part 1 : Progressive Railroading's 2018 Finance & Leasing Guide: Banks Part 2 : Progressive Railroading's 2018 Finance & Leasing Guide: Equipment providers/Equipment Management Services Part 3 : Progressive Railroading's 2018 Finance & Leasing Guide: Finance Companies Part 4 : Progressive Railroading's 2018 Finance & Leasing Guide: Investment banks Part 5 : Progressive Railroading's 2018 Finance & Leasing Guide: Lessors Part 6 : Progressive Railroading's 2018 Finance & Leasing Guide: Professional services/consulting Rail News: Mechanical

image DVB Bank SE Representative Office New York 100 Park Ave., Suite 1301, New York, NY 10017
212-858-2616 | Fax: 212-858-2670
www.dvbbank.com Description of services: DVB Bank’s Land Transport Finance Division, with New York and Frankfurt offices and a dedicated rail team, provides senior-secured asset financing loans for new/used rail cars and locomotives for operating companies, as well as equipment manufacturers and leasing companies. Product offerings include structured debt into leveraged leases, mezzanine and junior debt, mortgage financing and debt underwriting ABS liquidity facilities, as well as international mergers and acquisitions advisory, debt and equity capital markets advice, including asset backed securities. Contact: United States — Joe Devoe, Managing Director and Chief Representative, joe.devoe@dvbbank.com, 212-858-2616. Europe — Martin Metz, Managing Director and Head of Land Transport Finance, martin.metz@dvbbank.com, +49-69-97504-350 PNC Equipment Finance 995 Dalton Ave., Cincinnati, OH 45203
513-455-9617
www.pnc.com/ef Description of services: Provider of rail-car lease, loans and financial solutions. Wells Fargo Rail See LESSORS
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Progressive Railroading's 2018 Finance & Leasing Guide: Equipment providers/Equipment Management Services

Part 2 : Progressive Railroading's 2018 Finance & Leasing Guide: Equipment providers/Equipment Management Services

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Progressive Railroading's 2018 Finance & Leasing Guide: Finance Companies

Rail Insider-Progressive Railroading's 2018 Finance & Leasing Guide: Finance Companies. Information For Rail Career Professionals From Progressive Railroading Magazine
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Progressive Railroading's 2018 Finance & Leasing Guide: Investment banks

Rail News Home Mechanical February 2018 Part 1 : Progressive Railroading's 2018 Finance & Leasing Guide: Banks Part 2 : Progressive Railroading's 2018 Finance & Leasing Guide: Equipment providers/Equipment Management Services Part 3 : Progressive Railroading's 2018 Finance & Leasing Guide: Finance Companies Part 4 : Progressive Railroading's 2018 Finance & Leasing Guide: Investment banks Part 5 : Progressive Railroading's 2018 Finance & Leasing Guide: Lessors Part 6 : Progressive Railroading's 2018 Finance & Leasing Guide: Professional services/consulting Rail News: Mechanical

image DVB Bank SE Representative Office New York See BANKS EdgePoint Capital Advisors LLC 2000 Auburn Drive, Suite 330, Beachwood, OH 44122
216-342-5859 | Fax: 216-831-2464
www.edgepoint.com | rwarren@edgepoint.com Description of services: EdgePoint, which has 20 M&A professionals, is a national investment bank “with global reach” that advises clients on sale, divestiture, acquisition, financing and similar middle-market transactions. EdgePoint has more than a decade of transaction and industry experience in and “a special commitment to” serving the railroad and supply industries, according to the company. EdgePoint is a member of FINRA, SIPC and the Alliance of International Corporate Advisors. In 2017, EdgePoint advised on the sale of RailPros to Bow River; American Turbocharger to A. Stucki and Aero Transportation Products to Wabtec. Contact: Russell J. Warren, Managing Director
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Progressive Railroading's 2018 Finance & Leasing Guide: Lessors

American Railcar Industries Inc.

See EQUIPMENT PROVIDERS/EQUIPMENT MANAGEMENT SERVICES

The Andersons Inc.

480 W. Dussel Drive, Maumee, OH 43537
419-893-5050 | https://andersonsrail.com/leasing-sales

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Progressive Railroading's 2018 Finance & Leasing Guide: Professional services/consulting

Part 6 : Progressive Railroading's 2018 Finance & Leasing Guide: Professional services/consulting

abh consulting — transportation analysis & consulting

1230 Park Ave. Suite 4A, New York, NY 10128
212-595-0457; Cell: 917-520-7101
www.abhatchconsulting.com

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Canadian railway accidents up per TSB preliminary numbers

The Transportation Safety Board of Canada (TSB) released its preliminary transportation occurrence statistics for 2017. Total railway incidents were up, but still in line with five-year averages.

TSB says it, along with Transport Canada, the transportation industry, as well as many other organizations and researchers, use these statistics on reportable occurrences in the air, marine, railway and pipeline modes of transportation for the identification and analysis of trends.

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Los Angeles Metro marks 25th anniversary

Rail News Home Passenger Rail 2/20/2018 Rail News: Passenger Rail
image At another event last month, L.A. Metro CEO Phil Washington marked the 25th anniversary of the Red Line.Photo – Juan Ocampo for Metro

The Los Angeles County Metropolitan Transportation Authority (Metro) late last week marked its 25th anniversary.

Board members, elected officials and community stakeholders joined Los Angeles Mayor Eric Garcetti for a Feb. 15 ceremony to mark the occasion. The event took place at Los Angeles Union Station.

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Quebec transshipment center awarded government funds

A project to develop a railroad transshipment center at the regional industrial park in Saint-Tite, Quebec has been awarded funds from the Canada Economic Development for Quebec Regions (CED).

The CA$847,378 (US$671,382) in support of the center comes from CED's Quebec Economic Development Program. CED says the funding will allow the regional county municipality of Mékinac (MRC) to carry out various aspects of construction work, including moving and extending the railway, site development, paving and the installation of infrastructure for site security (fences, access barriers, streetlights).

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FTZ warehouse opens near JAXPORT

North Florida Warehouse FTZ, a division of JZ Expedited Cos., last week marked the opening of Freight Trade Zone No. 64's first outdoor storage facility near the Jacksonville Port Authority (JAXPORT).

Located minutes from JAXPORT's North Jacksonville terminals, the 3.7-acre facility provides flexible short- and long-term outdoor storage options for vehicles, high and heavy, tracked units, project and over-dimensional cargo, containers, breakbulk and other cargo varieties, company officials said in a press release.

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HNTB names Pizzurro transit and rail practice leader for NY/NJ

HNTB has named Joseph Pizzurro, PE, as its new transit and rail practice leader.

 

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Caltrain launches grade crossing improvement projects

Rail News Home Safety 2/20/2018 Rail News: Safety
image Crews are installing new pedestrian gate arms, along with new roadway markers and bumps along the crosswalk.Photo – Caltrain's Twitter account

Caltrain last week began construction to improve three grade crossings in Redwood City, California.

Crews are installing new pedestrian gate arms, as well as new guard rails and signage to channel pedestrians toward crosswalks. Workers also will install roadway markers and bumps along the crosswalk so vehicles don't accidentally turn onto the tracks, Caltrain officials said in a press release.

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NCRR, High Point partner on rail improvements

The North Carolina Railroad Company (NCRR) and the city of High Point, N.C., are tackling $5.1 million in improvements to the railroad corridor and drainage in the city's downtown.

 

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North Dakota rail safety inspectors issued 49 violations in 2017

The North Dakota Public Service Commission (PSC) earlier this month released 2017 inspection data from the agency's Railroad Safety Program, which identifies defects and violations that may result in accidents.

The program's two inspectors focus on two disciplines: track and motor power and equipment (mechanical). Statistics show those areas contribute to the largest number and most severe accidents in the state, PSC officials said in a press release.

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Ontario OKs backup power contract for Eglinton Crosstown light rail

Rail News Home Passenger Rail 2/20/2018 Rail News: Passenger Rail
image The facility will be located at the site of the future Mount Dennis Station.Photo – thecrosstown.ca

Ontario and electricity provider Toronto Hydro have awarded a contract to Renewable Energy Systems Canada Inc. to design and build a battery energy storage facility for the future Eglinton Crosstown light-rail line.

The facility will store energy generated at night during off-peak hours and supply energy the following day to reduce peak energy usage. The facility also will provide emergency power to Crosstown line in the event of a power interruption, according to a press release issued by the Ontario Ministry of Transportation.

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