5/4/2017
Rail News: Rail Industry Trends
5/4/2017
Rail News: CSX Transportation
5/4/2017
Rail News: Rail Industry Trends
The Central Connecticut Rail Study (CCRS) has been completed and found investment in the rail corridor for freight use would be viable, while passenger rail investment would be cost prohibitive.
The Connecticut Department of Transportation (ConnDOT) conducted the study in order to identify necessary improvements to the freight rail line between Berlin and Waterbury, Conn., and review improved transit service, including the potential for passenger rail.
Genesee & Wyoming, Inc., (G&W) announced that its subsidiary, GWI UK Acquisition Company Limited, has completed the acquisition of all of the issued share capital of Pentalver Transport Limited from a subsidiary of APM Terminals.
Headquartered in Southampton, U.K., Pentalver operates off-dock container terminals (most under long-term lease) strategically placed at each of the four major seaports of Felixstowe, Southampton, London Gateway and Tilbury, as well as an inland terminal located at Cannock, in the U.K. Midlands, near many of the nation's largest distribution centers. In addition to providing storage for loaded and empty containers on over 100 acres of land, Pentalver also operates a trucking haulage service with more than 150 trucks, primarily providing daily service between the seaports of Felixstowe and Southampton and its inland terminal at Cannock. Pentalver also provides services related to container maintenance and repair (including refrigerated containers) and is one of the largest sellers of new and used containers in the U.K.
Pandrol's FASTCLIP FE fastening system has been chosen as the preferred fastening for a Trafikverket (TRV, Swedish Transport Administration) 20-year framework agreement with Swedish producers of concrete crossties.
Pandrol worked with concrete crosstie manufacturers Strangbetong Rail AB and Abetong AB in responding to a TRV national procurement for Sweden's railways. The tender included delivery of pre-assembled fastening systems and under-tie pads. The contract will cover typical annual volumes of around 400,000 ties.
Hamilton, Ontario's approved LRT line will be extended an additional 1.9 miles to its original eastern terminal, Eastgate Square, an east Hamilton shopping mall. The crosstown line will now total 8.7 miles.
5/4/2017
Rail News: Passenger Rail
Snap-on, Inc., has acquired Norbar Torque Tools Holdings Limited along with its U.S. and Chinese joint ventures, ("Norbar") for approximately $72 million.
Based in Banbury, United Kingdom, Norbar is a manufacturer of a full range of torque products, including wrenches, multipliers and calibrators and has a strong presence in critical industries, including power generation, oil and gas, mining and railroad.
5/3/2017
Rail News: Passenger Rail
5/3/2017
Rail News: Rail Industry Trends
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 29, 2017, as well as volumes for April 2017.
5/3/2017
Rail News: Rail Industry Trends