The Surface Transportation Board has adopted a final rule in Demurrage Billing Requirements, Docket No. EP 759 establishing certain minimum information requirements for demurrage bills from Class I railroads, including among other things, billing cycle, shipment, car placement, and credit and debit information.
James D. Husband, who founded railroad equipment finance professional services firm RailSolutions LLC in 1997 and served as President until January 2019, recently transitioned to Senior Consultant. Here, with President Mike Mahoney, he discusses his long, distinguished career and offers his observations about the market with Railway Age Editor-in-Chief William C. Vantuono.
Shift5’s mission is to make the world’s fleets smarter and safer. Shift5 is a product company that deploys hardware and software onto civilian and military platforms—from rail and aircraft to maritime, space,
Alstom has acquired two companies, Helion Hydrogen Power and Flertex, it says will enhance its initiatives in hydrogen fuel cell power and braking systems, respectively.
The Surface Transportation Board on April 5 adopted a final rule, EP 763, effective June 4, 2021, to amend railroad classification operating revenue thresholds.
President Joe Biden has proposed a sweeping, eight-year, $2 trillion investment plan—a follow-on from his American Rescue Plan—that designates tens of billions for rail and public transportation, but also raises some taxes substantially to pay for it.
Shell Canada has contracted with Brandon, Manitoba-based Cando Rail Services for Quasar, the company’s end-to-end supply chain visibility platform, which will be deployed within Shell’s Sulphur business.
Trinity Industries, Inc. has publishing its inaugural 2020 Corporate Social Responsibility (CSR) Report, which details the company’s ESG (Environmental, Social, and Governance) initiatives and response to COVID-19.
Rail supply community stalwart Bill Kiefer, President and CEO of A. Stucki Company since 2003, on March 31 announced his retirement. He remains on the company’s board of directors.
PTC has made much progress at reducing railroad operational risks, but optimizing safety and efficiency never stops. As railroads continue to innovate, further improvements and operational advancements will be deployed. Safety HMI