Strategic Rail Finance (SRF) has added David Steffens to the executive team of its Freight Rail Business Advisory practice as Director of Cargo Strategies. He has extensive experience in supply chain and freight management, and has founded multiple businesses in the transportation sector.
Like its U.S. Class I peers, CN posted record 2Q19 financials—diluted earnings per share, operating revenues and operating income. Unlike them, CN grew volume in the quarter, as well as in the first half of the year.
Norfolk Southern’s second-quarter 2019 financials were not much different than those of most of its Class I peers: Record operating income, operating ratio, net income and earnings per share, despite a substantial volume decrease.
The League of Railway Women (LRW) has opened nominations for the 2019 “Outstanding Member of the Year” award. The recipient will be recognized during the LRW Annual Membership Meeting to be held on Tuesday, Sept. 24 at Railway Interchange in Minneapolis. LRW corporate partners and individual members are eligible.
COAST Autonomous, a developer of autonomous vehicle technologies for urban and campus environments, is deploying self-driving vehicles at the Kinney County Railport (KCRP), which is operated by Harbor Rail Services of California on behalf of Union Pacific, reports Robotics Business Review.
Union Pacific, in the midst of implementing Unified Plan 2020, its version of PSR (Precision Scheduled Railroading), posted a quarterly record-low operating ratio for this year’s second quarter, along with increases in net income, operating income and diluted earnings per share, compared to the prior-year quarter. These improvements came despite decreases in volume and revenue.
New Jersey Transit is marking its 40th anniversary this month, and among other activities is rolling out six MultiLevel “Heritage Coaches” decorated with the logos of several predecessor railroads that came together to form the agency’s 660-route-mile, statewide regional/commuter rail network—Pennsylvania Railroad, Central Railroad of New Jersey, Erie-Lackawanna, Conrail, Pennsylvania-Reading Seashore Lines—and the agency that created NJT in 1979, the New Jersey Department of Transportation.
Public transportation is, well, public, and dealing with the public isn’t an easy job. Front-line workers such as railroad conductors and bus drivers can become victims of on-the-job assaults perpetrated by angry, noisy drunks, shady characters trying to steal a free ride—well, you get the picture
Dallas Area Rapid Transit (DART) has named Gregory Elsborg its first Vice President and Chief Innovation Officer. Elsborg is tasked with forming new business partnerships, growing DART’s “Mobility as a Service” (MaaS) options and leveraging technology.
The only operating example in the world of the largest steam locomotive ever built thundered her way, in May 2019, from Union Pacific’s Steam Shop in Cheyenne, Wyo., to Ogden, Utah, to take part in ceremonies marking the 150th anniversary of the Golden Spike, which completed the nation’s first transcontinental railroad.