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Nov
12

Virgin Hyperloop demonstrates passenger travel

Rail News Home Rail Industry Trends 11/12/2020 Rail News: Rail Industry Trends
The test was done with a two-seater vehicle that was built to demonstrate safe travel in a hyperloop.Photo – Virgin Hyperloop

Virgin Hyperloop last week tested passenger travel in a hyperloop pod for the first time.

The test took place at Virgin Hyperloop’s nearly 547-yard DevLoop test site near Las Vegas, where the company has previously run over 400 tests with no passengers.

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Nov
12

Moody's: Crude-by-rail poses higher social than financial risk for CN, CP

Rail News Home Rail Industry Trends 11/12/2020 Rail News: Rail Industry Trends
A Moody's Investors Service analysis of crude-by-rail (CBR) shipments in Canada finds that shipments in 2021 are expected to remain below the peaks of early 2020.But "reputational" and social risks associated with accidents far outweigh the financial risk that CBR poses for CN and Canadian Pacific, Moody's officials said in a press release. The Canadian Class Is, which together move more than 95 percent of the country's CBR, continue to take steps to improve safety, they said.Among the report's highlights:
• The decline in crude production in western Canada has led to declining shipments for the Canadian railways. Despite big annual swings in carloads, the Canadian railroads have "relatively low exposure" to the CBR segment, as customer-supplied rail cars and customer contracts help minimize revenue losses.
• While CBR accounts for less than 2% of Canadian rail carloads, they involve a potential social-impact risk disproportionate to the business that they generate.
• Moody's analysts expect that both CN and CP, as well as the Canadian government, will continue efforts to increase the safety of both rail transport and the transportation of hazardous goods in Canada. The railroads have taken other steps to reduce accidents, including upgrading their networks with annual investments in infrastructure and new safety technologies, while the government has said it will invest CA$25 million over three years to improve rail safety.CBR shipments declined in Canada this year in line with the drop in the country's crude production, according to the report. CBR exports, mostly to the United States, have fallen accordingly. In the first half of 2020, Canada's crude production declined by 20 percent from its 2019 average of 5.5 million barrels per day.CN reported a 25% decline in carloads from its petroleum and chemicals segment in second-quarter 2020 compared with the same period in 2019, while CP posted a 28% decline in carloads for its energy, chemicals and plastics segment.The Moody's CBR report can be read here.  

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Nov
12

MTA completes NYC subway station accessibility improvements

Rail News Home Passenger Rail 11/12/2020 Rail News: Passenger Rail
NYCT crews replaced three elevators at 59th Street Station to make them fully accessible under Americans with Disabilities Act standards.Photo – MTA Flickr/Marc Hermann

The Metropolitan Transportation Authority (MTA) earlier this month completed accessibility improvement projects at the 59th Street and 191st Street New York City Transit (NYCT) subway stations in Brooklyn and Upper Manhattan.

NYCT crews replaced three elevators at 59th Street Station to make them fully accessible under Americans with Disabilities Act standards, expanded the station's northside mezzanine and build new stairs.

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Nov
12

West Virginia opens online portal for reporting blocked grade crossings

Rail News Home Safety 11/12/2020 Rail News: Safety
The Public Service Commission of West Virginia (PSC) has launched a new online portal through which individuals can report trains that are illegally blocking one of the 8,000 grade crossings in the state.Under state law, it's illegal for a train to block a public street, road or highway for longer than 10 minutes. Exceptions are made in the case of an emergency or a continually moving train."Blocked highway-rail grade crossings are becoming a major problem in West Virginia," said PSC Chair Charlotte Lane in a press release. "By reporting these issues, PSC railroad safety inspectors will know where the problems are and will investigate the cause of the blockages."Those inspectors' findings will be reported to the Federal Railroad Administration for review, Lane added.The online portal is available here.

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Nov
12

U.S. intermodal-rail volume spikes in Week 45

The U.S. intermodal-rail traffic growth trend continued during the week ending Nov. 7, with trailer and container volume increasing 10.3% to 293,746 units compared with the same week in 2019, according to Association of American Railroads (AAR) data.

The carload volume trend continued its downward slide, however. U.S. railroads logged 228,282 carloads during the week, down 8.4%. Carload and intermodal volumes combined, U.S. rail traffic climbed 1.3% to 522,028 units, AAR officials said in a press release.

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Nov
12

LA Metro's Washington to lead Biden's transportation transition team; AAR, ASLRRA welcome president-elect

President-elect Joe Biden and Vice President-elect Kamala Harris have named Los Angeles County Metropolitan Transportation Authority (LA Metro) Chief Executive Officer Phil Washington as the transportation transition team leader for the Biden-Harris administration.

The team will be responsible for evaluating the U.S. Department of Transportation's operations so that the administration is prepared when Biden and Harris take office on Jan. 20, 2021. In addition, the team will review the National Transportation Safety Board, Amtrak and the Federal Maritime Commission, Biden-Harris team officials said in a press release.

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Nov
11

Rail supplier news from WSP, Loadsmart, Siemens, Extreme Networks, Urban Engineers and Hanson (Nov. 11)

Rail News Home Railroading Supplier Spotlight 11/11/2020 Rail News: Railroading Supplier Spotlight
The Toronto Transit Commission named WSP Canada Inc. the prime consultant for the agency’s subway capacity project.Photo – TTC

The Toronto Transit Commission named WSP Canada Inc. the prime consultant for the agency’s CA$30 million project to enhance capacity of the Line 1 subway in Toronto over 11 years. The consulting work also will support capacity enhancements on Line 2, including condition assessment, design, studies, analysis, engineering and program consultant services.

Digital freight broker company Loadsmart Inc. expanded its multimodal services to include rail and less than truckload. Loadsmart now enables customers to book shipments in North America across all major transportation modes, company officials said in a press release.

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Nov
11

Santa Clara VTA advances 2021 transit service plan

Rail News Home Passenger Rail 11/11/2020 Rail News: Passenger Rail
The draft plan calls for increasing service from 74% to 80%.Photo – SCVTA

The Santa Clara Valley Transportation Authority (SCVTA) will advance its draft transit service plan for 2021 to the agency’s board following closure of public comments earlier this fall. 

The plan calls for gradual service increases during the COVID-19 pandemic, increasing service from 74% to 80% starting in February 2021.

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Nov
11

Sound Transit seeks comments on proposed 2021 budget

Rail News Home Passenger Rail 11/11/2020 Rail News: Passenger Rail
Capital and infrastructure projects under Sound Transit's proposed 2021 budget would total $2.5 billion.Photo – Sound Transit

Sound Transit is seeking input on its proposed 2021 budget, which projects revenue and other funding sources of $3 billion and expenditures of $3.1 billion.

Capital and infrastructure projects would total $2.5 billion, an increase of $105.8 million or 4.4%, compared to the 2020 budget. The funds will be primarily used for preliminary engineering, right-of-way acquisition, and construction for system expansion projects

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Nov
11

Gron Fuels considers new facility at Greater Baton Rouge port

Rail News Home Intermodal 11/11/2020 Rail News: Intermodal
CN, Kansas City Southern and Union Pacific Railroad serve the Port of Greater Baton Rouge.Photo – Port of Greater Baton Rouge

Louisiana Gov. John Bel Edwards yesterday announced that Gron Fuels LLC is studying the feasibility of opening a renewable fuel complex at the Port of Greater Baton Rouge.

With expansions and associated projects, the complex could involve up to $9.2 billion of total investment over several phases. A final decision is expected in 2021, which will determine the final cost of the project's first phase, state officials said in a press release.

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Nov
11

PennDOT solicits input on state rail plan

Rail News Home Rail Industry Trends 11/11/2020 Rail News: Rail Industry Trends
Pennsylvania updates its state rail plan every four years to meet FRA requirements.Photo – penndot.gov

The Pennsylvania Department of Transportation (PennDOT) and the Federal Railroad Administration (FRA) will hold virtual meetings Nov. 16 and 17 to receive public opinion on a draft of the state's rail plan.

The plan identifies a vision for the future of rail transportation, sets goals and objectives for achieving the vision and documents and evaluates passenger- and freight-rail needs over the next 25 years to guide investments.

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Nov
11

TransLink to test copper-coating product on SkyTrain cars

Rail News Home Security 11/11/2020 Rail News: Security
Organosilane is a wipe-on coating that can provide long-lasting protection against damaging microbes such as bacteria, mold, mildew and many viruses.Photo – TransLink

TransLink soon will test a new bacteria- and virus-killing copper-coating product on high-touch surfaces on SkyTrain cars and buses.

The agency will install copper-based products and a protective coating called organosilane to test how effectively the agents destroy viruses and bacteria, TransLink officials said in a press release. 

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Nov
11

STM's 2021 budget would maintain 2019 transit service levels

Rail News Home Passenger Rail 11/11/2020 Rail News: Passenger Rail
The 2021 budget is CA$9.5 million less than the agency's 2020 budget.Photo – STM

The Societe de transport de Montreal (STM) yesterday published a CA$1.5 billion 2021 budget and a 2021-2030 capital expenditures program, which calls for investing CA$18 billion across the system. 

The 2021 budget is CA$9.5 million less than the agency's 2020 budget, STM officials said in a press release.

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Nov
11

UP to pay pandemic bonus to agreement employees

Rail News Home Union Pacific Railroad 11/11/2020 Rail News: Union Pacific Railroad
"The pivotal role these essential employees play delivering critical supplies and keeping the economy open cannot be emphasized enough," said UP Chairman, President and Chief Executive Officer Lance Fritz.Photo – up.com

Union Pacific Railroad yesterday announced agreement employees who worked at least 30 days during the pandemic will receive a one-time $1,000 gross bonus payment in December.

Pending union approval, all current agreement employees — including those furloughed — who worked at least 30 days between March 1 and Nov. 30 will be eligible to receive the bonus. The days worked do not need to be consecutive, UP officials said in a press release.

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Nov
10

Transdev launches autonomous shuttle to WMATA rail station

Rail News Home Railroading Supplier Spotlight 11/10/2020 Rail News: Railroading Supplier Spotlight
Transdev began operating Relay, a connected autonomous vehicle, last month as a pilot to test driverless technology in Virginia.Photo – Transdev

Transdev has launched an autonomous shuttle between the Washington Metropolitan Area Transit Authority’s Dunne Loring-Merrifield Station in Fairfax County, Virginia, and the Mosaic District in Washington, D.C.

Dubbed Relay, the connected autonomous vehicle (CAV) began operating last month as a pilot to test driverless technology in Virginia.

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Nov
10

Denver-RTD CEO Johnson takes helm

Rail News Home Railroading People 11/10/2020 Rail News: Railroading People
Debra JohnsonPhoto – RTD-Denver

The Regional Transportation District of Denver (RTD) yesterday welcomed Debra Johnson as the agency's new chief executive and general manager. 

Johnson – the first woman to assume the role in the agency's 51-year history – takes the reins during a transitional year at RTD, with service changes and budget challenges brought about by the pandemic. She succeeds Paul Ballard, who led RTD on an interim basis since February. 

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Nov
10

NRF: Ports log record peak season imports

Rail News Home Intermodal 11/10/2020 Rail News: Intermodal
U.S. ports covered by Global Port Tracker handled an estimated 8.1 million TEUs from July through OctoberPhoto – Port of Oakland

Major U.S. retail container ports logged record imports this summer and fall, recording their busiest peak season as retailers replenish inventories and stock up for the holiday season, according to a Global Port Tracker report released yesterday by the National Retail Federation (NRF) and Hackett Associates.

U.S. ports covered by Global Port Tracker handled an estimated 8.1 million 20-foot equivalent units (TEUs) from July through October, the peak shipping season.

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Nov
10

Rail Pulse reps to discuss new venture at RailTrends

Rail News Home Rail Industry Trends 11/10/2020 Rail News: Rail Industry Trends
Representatives of the new Rail Pulse venture will talk about the new program at the RailTrends® 2020 conference, which will be held virtually Nov. 19-20.The presentation will be made Nov. 19 and feature speakers Robert DeGroot, vice president of railroad leasing and sales for Trinity Industries Inc.; Michael McClellan, VP of strategic planning at Norfolk Southern Corp.; and Paul Titterton, senior VP and chief operating officer at GATX Corp.NS, Trinity, GATX, Genesee & Wyoming Inc. and Watco Cos. LLC last month announced the formation of Rail Pulse to create a technology platform that will help transform rail shipping. The new venture aims to facilitate and accelerate the adoption of GPS and other telematics technology across the North American rail-car fleet.
Now in it's 16th year, RailTrends — presented by Progressive Railroading and Tony Hatch, senior transportation analyst at ABH Consulting — features the perspectives of senior executives from Class Is, regionals and short lines during two days of sessions.This year's event is being held virtually instead of in New York City due to the COVID-19 pandemic. Conference attendees will hear about key trends from three Class I chief executive officers and other high-ranking industry representatives.For more information about RailTrends 2020, click here to view the website. To register, click here.

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Nov
10

KCS updates capital allocation policy

Rail News Home Kansas City Southern 11/10/2020 Rail News: Kansas City Southern
Kansas City Southern announced today that its board approved updates to its capital allocation policy.The new policy intends to continue deploying cash so that 40% to 50% will go to capital projects and strategic investments and 50% to 60% to share repurchases and dividends, KCS officials said in a press release.Also, from time to time, KCS plans to use additional debt to support the revised policy and intends to increase its debt-to-EBITDA ratio.The board also approved an increase in the quarterly dividend on KCS common stock from 40 cents to 44 cents per share; and a new $3 billion share repurchase program, which will expire Dec. 31, 2023."Kansas City Southern's revenue growth, margin improvement and cash flow generation this year have been remarkable given the economic and operational challenges we have faced," said President and Chief Executive Officer Patrick Ottensmeyer. "Our plan to prudently increase the amount of capital returned to shareholders demonstrates management's and our board's confidence in our strong growth prospects, ability to continue delivering on our long-range plan and the long-term efficiencies and lower capital spend intensity created by our precision scheduled railroading implementation."The policy will continue to balance the company's objectives of delivering "meaning capital returns while investing in future growth opportunities and maintaining a desirable credit profile," Ottensmeyer added.

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Nov
10

Alabama port wins grant to expand storage at Watco terminal

Rail News Home Intermodal 11/10/2020 Rail News: Intermodal
The Alabama Department of Economic and Community Affairs awarded an Alabama Inland Port Infrastructure Program grant to the Decatur-Morgan County Port Authority in Alabama to partly fund construction of two warehouses. The 70,000-square-feet of new warehouse space will help the port better serve the agriculture and steel markets. The added space also will Decatur serve as a transportation mode for the automotive sector in Alabama and Tennessee, Watco Co. LLC officials said in a press release.Watco will contribute funds for the warehouses, located at Watco’s Decatur Riverport terminal in the Mallard-Fox Creek Industrial Park.The project’s total investment value is $3.3 million and will include the hiring of additional Watco employees.
Norfolk Southern Railway serves the port. 

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