Railroad News

The Greenbrier Cos. has entered into an agreement to acquire the manufacturing business of American Railcar Industries from ITE Management LP for $400 million this year. The acquisition will diversify and broaden Greenbrier’s product offerings, according to a Greenbrier press release. Greenbrier will acquire two rail-car manufacturing facilities in Arkansas and five other operations that provide rail-car component and parts supply. These operations build hopper car outlets, tank car valves, axles, castings and rail-car running boards, among other ancillary railcar products, according to a Greenbrier officials.

Wireless Advanced Vehicle Electrification (WAVE) will partner with Cummins Inc., Schneider Electric, Utah State University and Total Transportation Services Inc. (TTSI) to develop, deploy and demonstrate a 500 kilowatt wireless inductive charger to support zero-emission battery electric drayage trucks at the Port of Los Angeles. The project was awarded $8.4 million in funding from the U.S. Department of Energy, according to a WAVE press release. The WAVE technology transfers power through the air from an embedded charging pad placed in the pavement to a receiving pad mounted on a vehicle's undercarriage. The fast charger will allow TTSI’s zero-emission drayage trucks to charge during normal cargo loading and unloading stops. WAVE will deploy and field test the system this year and next.

North Carolina Railroad Co., North Carolina Department of Transportation (NCDOT) and local officials gathered yesterday in Charlotte to mark the completion of the Sugar Creek Road grade separation, a project designed to improve the safety of one of the state's busiest rail corridors.

The project — which involved construction of a bridge on Sugar Creek Road — was part of a series of upgrades in the Raleigh-to-Charlotte portion of the North Carolina Railroad's line. The Sugar Creek crossing was the busiest in the state, due to the number of daily trains and vehicles that use it, NCDOT officials said in a press release.

This year's dip in U.S. rail traffic continued in Week 15, with railroads posting 528,167 carloads and intermodal units, down 1.2 percent compared with the same week in 2018, according to Association of American Railroads (AAR) data.

U.S. railroads did post a 1 percent increase in carload volume for a total 260,800 units during the week ending April 13. However, U.S. intermodal volume fell 3.2 percent to 267,367 containers and trailers during the period versus a year ago.

New Jersey Transit will restore service on the Atlantic City Rail Line (ACRL) and Princeton Branch on May 12, two weeks ahead of the agency’s target date. 

While the ACRL service was suspended, NJ Transit completed the Federal Railroad Administration’s interim positive train control (PTC) requirements and now has until the end of 2020 to implement a fully functioning PTC system, according to a NJ Transit press release.

The Greater Cleveland Regional Transit Authority (GCRTA) rail car fleet is nearly exceeding its useful life and is due for replacement, according to LTK Engineering.

Under contract with GCRTA, LTK Engineering conducted a preliminary rail-car replacement study to determine the estimated life remaining in the GCRTA light- and heavy-rail fleet, according to a GCTA press release.

CN has signed a memorandum of understanding (MOU) with The Lion Electric Co. for the concept, design and manufacturing of electric trucks as part of the Class I's strategy to reduce emissions.

Terms of the MOU were not disclosed.

CN has signed a memorandum of understanding (MOU) with The Lion Electric Co. for the concept, design and manufacturing of electric trucks as part of the Class I's strategy to reduce emissions.

Terms of the MOU were not disclosed.

Union Pacific Corp. today announced a 6 percent increase in net income during the first-quarter, despite dealing with severe flooding and a 2 percent decline in business volumes.

The Class I posted Q1 2019 net income of $1.4 billion, or $1.93 per diluted share, compared with $1.3 billion, or $1.68 per diluted share, in the same period a year ago, according to a UP press release.

Union Pacific Corp. today announced a 6 percent increase in net income during the first-quarter, despite dealing with severe flooding and a 2 percent decline in business volumes.

The Class I posted Q1 2019 net income of $1.4 billion, or $1.93 per diluted share, compared with $1.3 billion, or $1.68 per diluted share, in the same period a year ago, according to a UP press release.

The Georgia Port Authority has selected RailComm LLC to provide a yard management system for the Port of Savannah's multimodal connector. The system will allow for remote control of 83 powered rail switches and 38 powered derail devices, according to a RailComm press release. Switches can be thrown by a yardmaster or work crews from either a centralized office location or from a remote touchscreen kiosk. The yard control system will also allow crews to queue a set of routes as needed to assemble and disassemble trains on the appropriate tracks.

Koppers Inc. has named Travis Gross vice president of North American railroad products and services. Gross will oversee sales, operations, procurement and profit and loss management, according to a Koppers press release. Gross joined Koppers in 2007, and served as VP of commercial sales since 2016.  

Trinity Railway Express (TRE) this week began operating TRE Link, a new bus connection to Dallas/Fort Worth International Airport. 

The buses, which are painted similar to the commuter-rail train, will replace existing shuttles that connect the TRE CentrePort Station in Forth Worth, Texas, to the airport. 

The GO Transit commuter-rail service today expanded express train service on the Lakeshore East line in the greater Toronto area. 

The expansion will serve riders in the Ontario communities of Oshawa, Whitby, Ajax and Pickering. 

The Canadian government will provide CA$16.5 million through the Rail Safety Improvement Program to support 136 new rail-safety improvement projects and initiatives, Transport Minister Marc Garneau announced yesterday.

The projects and initiatives are designed to increase safety at grade crossings and along rail lines, and prevent serious incidents through education and awareness, according to a Transport Canada press release.

Sound Transit this month will begin pre-construction work on the 8.5 mile Lynnwood Link extension, which will extend light-rail service from the Northgate Link station in Seattle to the Lynnwood Transit Center in Lynnwood, Washington. 

The work includes removal and replacement of 77 percent of the existing trees located in the right of way, removal of sound walls and utility relocation, according to a Sound Transit press release.

Kansas City Southern today reported record first-quarter revenue of $675 million, up 6 percent from the prior year on a 1 percent decline in volume.

KCS attributed an overall decline in carload volumes primarily to service interruptions at Lazaro Cardenas in Mexico that were caused by teacher protests, company officials said in a press release.

Kansas City Southern today reported record first-quarter revenue of $675 million, up 6 percent from the prior year on a 1 percent decline in volume.

KCS attributed an overall decline in carload volumes primarily to service interruptions at Lazaro Cardenas in Mexico that were caused by teacher protests, company officials said in a press release.

CSX yesterday posted record results for the first quarter, including an operating ratio (OR) that fell below 60 percent.

Net income during the quarter soared 20 percent to $834 million, or $1.02 per share, versus $695 million, or 78 cents per share a year ago.