Ivrnet Relinks With Translink
Business automation software developer Ivrnet Inc. has renewed its contract with TransLink, Vancouver, for the NexText digital communications and mobile advertising platform.
Business automation software developer Ivrnet Inc. has renewed its contract with TransLink, Vancouver, for the NexText digital communications and mobile advertising platform.
A critical federal component of the politically controversial Hudson Tunnel Project segment of the Gateway Program on the Northeast Corridor—stalled by the Trump Administration but rapidly rescued and advanced by the Biden Administration—has received a Final Environment Impact Statement (Final EIS) and Record of Decision (ROD from the Federal Railroad Administration (FRA) and Federal Transit Administration (FTA).
The St. Louis Regional Freightway’s 2022 Priority Projects List features 21 projects worth $2.75 billion that “represent key infrastructure needs of the manufacturing and logistics industries in the Eastern Missouri and Southwestern Illinois area.” Many are rail-specific or rail-related. The most important is a major project to replace the Merchants Memorial Mississippi Rail Bridge, constructed in 1889.
The war of words between Canadian Pacific and CN isn’t over, with CP on May 27 issuing a statement that its merger rival’s commitment to divest Kansas City Southern’s New Orleans-Baton Rouge line is a “token divestment [that] would not begin to address the competitive issues in the rail corridors running north from Louisiana and Mississippi through America’s heartland, where KCS and CN have historically competed.”
The July 12-13 2021 Midwest Association of Rail Shippers (MARS) Summer Meeting, “Resurgence –Together We Grow,” at the Grand Geneva Resort in Lake Geneva, Wisc., will be offered both online and in-person. Registration is now open.
The Surface Transportation Board lately has been relentless in demanding that applications for mergers and voting trusts, among other transactions, meet its standards for completeness.
The St. Louis region relies heavily on its Norfolk Southern- and CSX-served rail connection with the Port of Virginia, hundreds of miles away on the East Coast, to maintain its position “as one of the premier multimodal freight hubs and distribution centers in the United States.” The relationship was discussed in detail during the FreightWeekSTL 2021 conference, hosted by Bi-State Development, which operates the St. Louis Regional Freightway.
Siemens Mobility has acquired RailTerm, a Canadian provider of track and signaling, traffic control, electrification and communication systems to railroads and transit agencies serving more than 70 clients globally.
The wave of mass shootings that has swept across the United States in the past few years hit the rail industry when, at approximately 6:30 a.m. PDT today (May 26), a gunman opened fire at the Santa Clara Valley Transportation Authority light rail vehicle yard and maintenance facility just north of downtown San Jose. There were 10 fatalities and multiple injuries. The gunman, identified as VTA employee Samuel J. Cassidy, is among the dead.
Fitch Ratings has affirmed Kansas City Southern’s Long-Term Issuer Default Rating (IDR) and senior unsecured rating at ‘BBB.’ In addition, Fitch has affirmed KCS’s Short-Term IDR and senior unsecured rating at ‘F2.’ Fitch’s Rating Outlook is ‘Stable.’