12/16/2016
Rail News: Passenger Rail
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12/16/2016
Rail News: Passenger Rail
© © TradePress Media Group, Inc.
12/16/2016
Rail News: Passenger Rail
© © TradePress Media Group, Inc.
Another important challenge will be the implementation of positive train control (PTC). According to an analyses we just completed, the commuter-rail industry has made significant progress on PTC and we are on schedule to meet Congressional deadlines. The industry has acquired more than two-thirds of the spectrum and half of the radio towers have been erected. In addition, 40 percent of the back office control systems are ready for operation, and we are making great progress on implementing PTC on the more than 3,150 route miles of track. Some are actually in service or in full PTC demonstration awaiting Federal Railroad Administration approvals. This progress on this complex safety technology demonstrates our ongoing commitment to safety – which is our number one priority.
Finally, our continuing challenge this year as in others is to stay laser focused on providing safe, reliable service to the Americans who board public transportation 35 million times each weekday – more than 10.7 billion trips per year. This is particularly important for commuters as our recent study shows that a person can reduce his or her chance of being in an accident by more than 90 percent simply by taking public transit as opposed to commuting by car. Investing in transit-oriented communities, which spurs compact development, results in cutting a community's crash risk in half, even for those who do not use public transit.
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12/15/2016
Rail News: Supplier Spotlight
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12/15/2016
Rail News: Security
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12/15/2016
Rail News: Federal Legislation & Regulation
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12/15/2016
Rail News: High-Speed Rail
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12/15/2016
Rail News: Security
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12/15/2016
Rail News: Passenger Rail
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12/15/2016
Rail News: Federal Legislation & Regulation
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12/15/2016
Rail News: Rail Industry Trends
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We expect continued headwinds for intermodal, with international volumes adversely impacted by a strained ocean carrier industry which saw three major mergers and a bankruptcy in 2016. Thanks to our strong and diversified franchise, we are developing opportunities in intermodal, offering shippers unique “matchback” options. It works like this: we help our agriculture-based shippers find ways to reuse empty containers returning to Asia. Additionally, relatively low natural gas prices have made the United States a low-cost industrial chemicals and plastics producer, providing us opportunities to grow this business, which typically moves from the Gulf Coast to Asia.
Despite economic challenges, we will continue doing what we do best: operating a safe, efficient and productive rail network. We remain committed to strengthening our customer value proposition and driving new business opportunities. As they arise, we are well positioned to respond quickly and efficiently. Most important, we expect our unrelenting safety focus to yield positive results on our way to an incident-free environment.
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12/14/2016
Rail News: Supplier Spotlight
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12/14/2016
Rail News: Federal Legislation & Regulation
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12/14/2016
Rail News: Short Lines & Regionals
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12/14/2016
Rail News: Union Pacific Railroad
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12/14/2016
Rail News: Passenger Rail
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12/14/2016
Rail News: Canadian Pacific
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12/14/2016
Rail News: Passenger Rail
© © TradePress Media Group, Inc.
© © TradePress Media Group, Inc.