Railroad News

OmniTRAX, 1845 Oil Field Services form joint venture

Rail News Home Logistics 10/23/2018 Rail News: Logistics
imageOmniTRAX Inc. and truck-freight provider 1845 Oil Field Services have formed ShaleTECH Transport to expand last-mile transportation and energy logistics offerings to oil and gas producers.The joint venture will extend the service offering of OmniTRAX affiliate OmniTRAX Energy Solutions (OES), which provides frac sand storage and transload services and a last-mile containerized bin-to-blender proppant delivery solutions. When fully implemented, ShaleTECH will deliver scalable capacity, drivers and other support personnel, logistics management expertise and product visibility aimed at reducing demurrage and non-productive time at wellheads, OmniTRAX officials said in a press release."1845 is one of the largest transport providers servicing the industry today and their well pad logistics experience and management combined with our last-mile delivery technology will create new operating efficiencies for the supply chain," said OmniTRAX Chief Executive Officer Kevin Shuba.ShaleTECH Transport pairs decades of expertise with new technologies unrivaled in the oil and gas industry to create a uniquely positioned fully integrated independent logistics organization that will give customers certainty from mine to wellhead," he said.Robbie Ballard, president and chief operating officer of 1845 Oil Field Services, has been named president of ShaleTECH. The joint venture's headquarters is in Weatherford, Texas.

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Metro-North rolls out 'Way Ahead' improvement plan

MTA Metro-North Railroad yesterday unveiled a new plan aimed at improving safety, service, infrastructure, communications and rider experience.

Known as "Way Ahead," the plan was developed in response to the railroad's growing ridership, changing demographics and evolving customer needs, Metro-North officials said in a news release.

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Norfolk Southern could move HQ to Atlanta, report says

A video from Norfolk Southern Corp. President and Chief Executive Officer James Squires to NS employees last week strongly indicated NS could move its headquarters from Norfolk, Virginia, to Atlanta.

Squires' video message, which was not posted publicly on the NS website, was reported by The Virginian-Pilot, Norfolk's daily newspaper.

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Norfolk Southern could move HQ to Atlanta, report says

A video from Norfolk Southern Corp. President and Chief Executive Officer James Squires to NS employees last week strongly indicated NS could move its headquarters from Norfolk, Virginia, to Atlanta.

Squires' video message, which was not posted publicly on the NS website, was reported by The Virginian-Pilot, Norfolk's daily newspaper.

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Port Manatee broke cargo records in FY2018

Port Manatee handled a record 9.3 million tons of cargo in fiscal-year 2018, a 19.1 percent increase from the previous year, port officials announced last week.

The increase for FY2018, which ended Sept. 30, follows a 13.4 percent tonnage rise in FY2017 compared with FY2016 at the Florida port.

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MTA to test energy-reduction technology on subway system

Rail News Home Sustainability 10/22/2018 Rail News: Sustainability
image The technology will use electricity produced by subway trains' regenerative braking systems.Photo – Metropolitan Transportation Authority

The Metropolitan Transportation Authority (MTA) late last week unveiled a pilot project to test technology aimed at reducing peak energy consumption for the New York City subway system.

The "value stack approach" uses electricity produced by subway trains' regenerative braking systems, agency officials said in a press release. The technology also would generate revenue through participation in both the Con Edison and New York Independent System Operator demand-response programs.

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Ironhorse Resources acquires San Pedro and Southwestern Railroad

Rail News Home Short Lines & Regionals 10/22/2018 Rail News: Short Lines & Regionals
image The Arizona-based railroad will be renamed San Pedro Valley RailroadPhoto – sanpedrosouthwesternrr.com

San Pedro and Southwestern Railroad has been sold to Ironhorse Resources Inc.

The Arizona-based railroad will be renamed San Pedro Valley Railroad, according to RR Mergers & Acquisitions, which specializes in the sale of rail sector companies.

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MARTA to boost rail service for Super Bowl LIII

Rail News Home Passenger Rail 10/22/2018 Rail News: Passenger Rail
image MARTA GM Jeff Parker joined MARTA Police Chief Wanda Dunham at a media event held to announce transit service plans for the Super Bowl.Photo – MARTA Police's Twitter

The Metropolitan Atlanta Rapid Transit Authority (MARTA) last week announced it will add rail service during the 53rd Super Bowl, which will be held in February 2019 at the Mercedes-Benz Stadium in Atlanta.

During the weekend of Feb. 3, 2019, the agency will provide rail service 24 hours a day and enhance key bus routes to move riders through the city safely, MARTA Chief Executive Officer Jeffrey Parker announced on Twitter late last week.

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STB: U.S. Class I workforce steady in September

As of mid-September, U.S. Class Is employed a total 148,171 workers, up 0.02 percent compared with mid-August and up 1.02 percent compared with the same month in 2017, according to Surface Transportation Board data.

Four of six employment categories reflected decreases on a month-over-month basis. Categories that logged decreases since mid-August were executives, officials and staff assistants, down 0.54 percent to 8,414 employees; professional and administrative, down 1.04 percent to 11,852; maintenance of way and structures, down 0.36 percent to 32,493; and transportation (other than train and engine), down 0.67 percent to 5,662.

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American Railcar to be acquired by ITE Rail Fund subsidiary

American Railcar Industries Inc. (ARI) announced today that it has entered into a definitive agreement to merge with a subsidiary of ITE Rail Fund LP in a transaction valued at $1.75 billion.

The merger is expected to close in the fourth quarter. ITE Rail Fund is managed by ITE Management LP.

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Oregon DOT releases DEIS for Eugene-Portland passenger-rail plan

Rail News Home Passenger Rail 10/22/2018 Rail News: Passenger Rail
image One alternative would follow the existing Amtrak Cascades route.Photo – oregonpassengerrail.org

The Oregon Department of Transportation (ODOT) has unveiled a draft environmental impact statement for a proposed passenger-rail service between Portland and the Eugene-Springfield region.

The document outlines two alternatives for the 125-mile service: One would follow the existing Amtrak Cascades route; the other would include a new route between Springfield and Oregon City along Interstate 5.

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CTA unveils operating, capital budget proposals

The Chicago Transit Authority (CTA) late last week proposed a five-year $2.9 billion capital budget and a one-year $1.55 billion operating budget that maintains existing service levels without raising fares.

The proposed operating budget for 2019 calls for maintaining existing service levels without raising fares. It invests in modernizing the CTA's system and improving the rider experience, agency officials said in a press release.

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Rail firms host congressional visits in Minnesota, Pennsylvania and Iowa

Three rail suppliers in three states hosted business tours this month for U.S. Senate and House representatives.

Loram Maintenance of Way Inc. welcomed U.S. Rep. Tom Emmer (R-Minn.) for a visit to the company's manufacturing plant and warehouse in Medina, Minnesota. The Oct. 16 visit included a town hall session and discussion between Emmer and Loram employees about the need for skilled laborers, Loram officials said in a press release.

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Rail supplier news from The Andersons, Thales and Brookville (Oct. 19)

Rail News Home Railroading Supplier Spotlight 10/19/2018 Rail News: Railroading Supplier Spotlight
imageThe Andersons Inc. reached an agreement to acquire 67.5 percent of Lansing Trade Group LLC. for $305 million. In addition to paying $175 million in cash, The Andersons will issue $130 million worth of unregistered shares to current Lansing equity holders. The transaction will result in the consolidation of Thompsons Limited of Ontario and related entities that were jointly owned by Lansing and The Andersons. The acquisition is expected to close before Jan. 31, 2019. Thales today will introduce the SelTrac™ G7 train control system to the North American market. Developed at the company's Toronto plant, the system incorporates the latest computing technologies and train operation features to improve the passenger experience, according to a Thales press release. The company unveiled the SelTrac G7 technology at the InnoTrans 2018 conference last month in Berlin. The system is designed to ensure "long and extendable design life without the need for disruptive, systemwide re-signaling," Thales officials said.Brookville Equipment Corp. this week delivered the fifth of six Presidents' Conference Committee (PCC) streetcars for a new streetcar system in El Paso, Texas. The unit is the 50th PCC streetcar that Brookville has restored and delivered since entering the market in 2002, company officials said in a press release. The 4.8-mile El Paso Streetcar system began pre-revenue service earlier this month. Meanwhile, Brookville marked the delivery of its 100th new streetcar. The company delivered the 100th unit to Milwaukee for its streetcar system slated to open Nov. 2.

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Las Vegas Railway Express changes name to United Rail

Rail News Home Passenger Rail 10/19/2018 Rail News: Passenger Rail
image The company aims to operate a passenger-rail excursion line between Los Angeles and Las Vegas.Photo – vegasxtrain.com

Las Vegas Railway Express Inc. announced yesterday it is changing its name to United Rail Inc.

The Las Vegas company — owner of the X Train brand and brand licensor — acquired United Rail in January.

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TEXRail tests Stadler trains at DFW airport

Rail News Home Passenger Rail 10/19/2018 Rail News: Passenger Rail
image The Federal Aviation Administration supported TEXRail's testing of the Stadler trains at DFW International Airport.Photo – Stadler, TEXRail

TEXRail this week tested its new Stadler trains at Dallas/Fort Worth International Airport.

The units — Stadler's Fast Light Intercity- and Regional Train (FLIRT) model — passed dynamic testing on Oct. 10, which puts TEXRail one step closer to launching rail service, Stadler and TEXRail officials said in a press release.

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BNSF honors Kiamichi as 'Short Line of the Year'

BNSF Railway Co. has designated Kiamichi Railroad Co. as the Class I's 2018 Short Line of the Year for its commitment to "safety, service, growth, investment and velocity."

A subsidiary of Genesee & Wyoming Inc., Kiamichi is a Class III serving Texas, Oklahoma and Arkansas, interchanging with BNSF in Madill, Oklahoma.

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California panel OKs $91 million to boost rail service for 2028 LA Olympics

Rail News Home Passenger Rail 10/19/2018 Rail News: Passenger Rail
image The funds will go toward the broader Southern California Optimized Rail Expansion program, which is aimed at boosting Metrolink and Amtrak service frequency.Photo – Metrolink

The California Transportation Commission (CTC) yesterday allocated $91.2 million to Metrolink to advance projects aimed at boosting rail safety and service ahead of the 2028 Olympic Games in Los Angeles.

The Transit and Intercity Rail Capital Program grant will go toward the first projects in the Southern California Optimized Rail Expansion (SCORE) program, a $10 billion plan to build infrastructure enabling at least 30-minute service frequency in the region.

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KCS reports record revenue despite a 'challenging' Q3

Kansas City Southern today reported record revenue of $699 million for the third quarter, a 6 percent increase over the same period in 2017.

Third-quarter net income rose to $174 million, or $1.70 per diluted share, from $129 million, or $1.23 per diluted share, a year ago.

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KCS reports record revenue despite a 'challenging' Q3

Kansas City Southern today reported record revenue of $699 million for the third quarter, a 6 percent increase over the same period in 2017.

Third-quarter net income rose to $174 million, or $1.70 per diluted share, from $129 million, or $1.23 per diluted share, a year ago.

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