WASHINGTON, D.C. – April 6, 2016 – The Association of American Railroads (AAR) today reported weekly U.S. rail traffic, as well as volumes for March 2016.
Carload traffic in March totaled 1,196,167 carloads, down 14.2 percent or 198,737 from March 2015. U.S. railroads also originated 1,250,925 containers and trailers in March 2016, down 7.7 percent or 104,343 units from the same month last year. For March 2016, combined U.S. carload and intermodal originations were 2,447,092, down 11 percent or 303,080 carloads and intermodal units from March 2015. Continue reading “AAR REPORTS WEEKLY RAIL TRAFFIC FOR MARCH AND WEEK ENDING APRIL 2, 2016”
How does a railroad realize a 50% improvement in train velocity while adding new customers and expanding facilities, and do all of that with no FRA-reportable injuries? The key is teamwork, one of the many reasons why the New Orleans & Gulf Coast Railway is our 2016 Short Line of the Year. Here’s the NO&GC story, as told by General Manager Scott Wollack: Continue reading “Short Line of the Year: New Orleans & Gulf Coast Railway”
RGPC’s CIO talks technology behind the remote worker revolution with BizTech’s Wylie Wong
Rio Grande Pacific Corp. (RGPC), in Fort Worth, Texas, has expanded over the years. Today, CIO Jason Brown supports 26 offices and 350 employees across six states.
The holding company, which owns four railroads and a railroad signal engineering and design business, launched a hosted dispatch center in January 2015, providing 24/7 dispatch services for other small railroads.
To simplify IT management, Brown standardized on two configurations of HP EliteDesk desktop computers and two configurations of HP EliteBook notebooks.
When a remote office needs new hardware, the IT staff doesn’t need to travel to the onsite location for setup.
The House Transportation and Infrastructure Committee’s leadership yesterday introduced a bipartisan bill that would extend the deadline for railroads to implement positive train control (PTC) technology through the end of 2018.
The bill would extend the deadline for three years, but also allow an additional two years at the discretion of the U.S. Department of Transportation for railroads facing circumstances beyond their control.
Coal is a key revenue-generating commodity for railroad operators. Naturally, the decline in domestic coal shipments have contributed big time to the dismal performance by U.S.-based railroad stocks so far this year. The struggles of the railroad operators have been exemplified by the 27.9% year-to-date decline in the Dow Jones U.S. Railroads Index.
The upheaval in the natural resources sector has had a significant negative effect on the railroad stocks because rail is the principal mode of transport for coal, iron ore and other minerals. As a result, the Dow Jones Railroad index is down about 26% so far in 2015, on its way to what is likely to be its worst annual decline since the index began in 2000.