The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended June 27, 2020, as well as volumes for June 2020. And it appears the light at the end of the tunnel is perhaps getting close.
Kansas City Southern de Mexico, S.A. de C.V. (KCSM) President, General Manager and Executive Representative Dr. Jose Guillermo Zozaya Delano will retire as of Aug. 1, 2020. Delano will be succeeded by Vice President and Director General Oscar Augusto Del Cueto Cuevas.
Knorr-Bremse hopes to support railway operators worldwide and bolster health and comfort in rail transport with its clean[air] technology, developed by Knorr-Bremse’s climate control brand MERAK.
Kansas City Southern (KCS) has released a 2019 sustainability data update to its sustainability report, “For the Long Haul: Delivering Prosperity, Valuing People, Protecting the Planet,” which shows the Class I railroad improved its U.S. and Mexico consolidated reportable train accident frequency ratio and consolidated reportable injury frequency ratio, and reduced its use of diesel fuel.
“Covid-19 impacts have varied across the supply chain though rail service has been really strong in recent months. Shippers noted the ability to get better pricing if they deliver volumes for Class I carriers. Supply chain near-shoring continues to be an underappreciated story and could benefit KSU if supply chains relocate to Mexico.”
Following completion of the Federal Railroad Administration (FRA)’s requirement to perform 384 error-free test runs between Denville and Summit, NJ Transit has advanced its Positive Train Control (PTC) program into the Extended Revenue Service Demonstration (ERSD) phase.
An industry observer who spoke with Railway Age on the condition of anonymity said that Pan Am Railways is indeed for sale, with BMO Financial Group handling a transaction for principal owner Tim Mellon, 78, and other investors. Our source, an independent observer, outlined possible courses of action for the New England regional railroad, within the context of what’s going on in the marketplace.
Alstom has launched a new version of Mastria, its multimodal supervision and mobility orchestration solution, that uses artificial intelligence (AI) to provide operators and transport authorities with enhanced passenger flow management tools.
In light of the ongoing public health risks surrounding in-person events and the safety of travel as a result of COVID-19, the Railway Supply Institute (RSI) has decided to cancel the 2020 RSI Expo & Education Conference scheduled for Sept. 9-11 in Chicago, Ill.
“Railcar inquiries are largely in line with—if not slightly better than—the anemic levels seen two months ago. Translation into orders remains slow. Lease rates are still depressed, with no signs of improvement. Secondary market valuations appear to have eased. Locomotive upgrades could prove resilient. We’re constructive on Wabtec, Trinity and Greenbrier, but the latter two could see near-term pressure.”