Duos Technologies on July 27 announced that it has upgraded its centraco® command and control software and its truevue360™ platform, both of which are responsible for processing and communicating near real-time analysis of railcar conditions to customers and subscribers.
Amtrak reports investing $770 million since 2011 in station accessibility upgrades and is working toward 100% project completion by 2029. Also, Brightline, Florida’s private-sector passenger railroad, launches a redesigned website and new native mobile app ahead of expanded service to Orlando.
Radioactive waste materials from a proposed Rare Element Resources, Inc., (RER) plant in Wyoming would be handled by rail, according to the U.S. Nuclear Regulatory Commission (NRC), which has issued a Finding of No Significant Impact (FONSI) and Environment Assessment for the company’s request for a source materials license accompanying the construction and operation of the rare earth element separation and processing demonstration plant.
Wabtec “delivered another strong quarter” for the three months ending June 30, 2023, with double-digit earnings per share growth, said President and CEO Rafael Santana, who noted during a July 27 financial report that the “orders pipeline is expected to strengthen” in second-half 2023. The company also raised its full-year 2023 guidance.
Norfolk Southern (NS) on July 27 reported second-quarter 2023 financial results reflecting a $416 million charge associated with its ongoing response to the Feb 3 derailment in eastern Ohio. Including that charge,
On July 26, concurrent with executive leadership changes tagged by some as the “Fritz Split,” Union Pacific posted second-quarter 2023 financials reflecting lower net income and operating revenues, and a higher operating
CSX will invest $10 million over five years in the University of Florida’s (UF) future Jacksonville-based Graduate Center.
Alstom appoints a new Vice President, Communications and Public Affairs, Americas. Also, two Anacostia Rail Holdings (ARH) executives complete post-graduate degree programs; Alaska Railroad (ARRC) names a Director of External Affairs; Greater Cleveland Regional Transit Authority (GCRTA) renews the contract of its CEO/General Manager; Valley Metro of Phoenix, Ariz., welcomes a new Chief Maintenance Officer; real-time network visibility provider RailState hires a Solutions Architect; and logistics firm Uber Freight appoints a former Norfolk Southern executive as Head of Intermodal.
IntelliTrans earns recognition in the Gartner Hype Cycle for Supply Chain Execution Technologies 2023 report. Also, railcar lessor Mitsui Rail Capital rebrands as Modern Rail Capital (MRC).
Effective August 14, 2023, Union Pacific Chairman, President and CEO Lance Fritz’s responsibilities will be split three ways: Jim Vena will return to UP as Chief Executive Officer and a member of