Short Line of the Year: New Orleans & Gulf Coast Railway
March 10, 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… Read more
Rio Grande Pacific CIO Jason Brown featured in BizTech Magazine
November 14, 2015
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… Read more
AAR: U.S. rail traffic down a bit in Week No. 38
October 01, 2015
U.S. rail traffic numbers continued to tell a familiar story in Week No. 38: Carloads were down, while intermodal volumes were up, according to the Association of American Railroads (AAR).
Bill introduced to extend PTC deadline
October 01, 2015
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… Read more
Federal Grant Provides Railroad Incident Training
September 29, 2015
OMAHA, Neb. (AP) — Three groups will receive $5.9 million in federal grants to train first responders to handle railroad incidents involving crude oil, ethanol and other flammable liquids. The U.S. Transportation Department announced the grants Monday.
Progress Rail to acquire Rail Product Solutions from Amsted
September 29, 2015
Progress Rail Services Corp. has entered into an agreement to purchase Rail Product Solutions Inc. (RPS) from Amsted Rail Company Inc.
Will Railroads Continue to Suffer on Coal Issues?
September 28, 2015
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.
Five Railroad Stocks On Track For Turnarounds
September 20, 2015
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… Read more
What To Do With Railroad Tank Cars That Are No Longer Safe Or Economical?
September 14, 2015
New safety regulations and a slump in oil prices means tens of thousands of railroad tank cars are being taken out of service. Railroads are scrambling to find space to store unwanted oil trains. Listen to the story or read the transcript on NPR here. Source: NPR
ASLRRA Supports TTX Flatcar Pooling Extension
August 08, 2014
Short lines are urging the Surface Transportation Board to approve TTX Company’s bid to extend its flatcar pooling authority. American Short Line and Regional Railroad Association President Rich Timmons said his organization’s members benefit daily from TTX’s flatcar pool. “Many small railroads own few cars of their own. Thus, the reliable availability of specialty flatcars… Read more