OMAHA, MAY 21, RSSI PTC SEMINAR – U.S. Class I railroads have made significant progress implementing Positive Train Control, to the extent that all the requirements for the Dec. 31, 2018 interim deadline will be met, making them eligible to apply, if needed, for an extension to Dec. 31, 2020 to complete their systems.
There is a nexus of old and new processes where digital transformation, the Industrial Internet of Things (IIoT), and the business of railroading all intersect. The federal mandate for Positive Train Control (PTC) perfectly encapsulates this new reality. If you are in the rail business, your organization has already allocated some level of investment in PTC, but how does that investment of financial and human capital fit into your overall business architecture? How are you going to ensure that you do not just implement another siloed system?
The Federal Railroad Administration is hosting a webinar on Monday, June 4, to aid eligible entities seeking funding for Positive Train Control (PTC) system deployment under a recently issued $250 million Notice of Funding Opportunity (NOFO).
The boards of General Electric and Wabtec on May 21, 2018 approved the merger of GE Transportation with Wabtec in a deal worth $11.1 billion. The merger will make Wabtec a Fortune 500 company and a major player in the railway equipment and services market, with operations in more than 50 countries.
The Association of American Railroads released a white paper highlighting technology’s role in making the U.S. rail network more efficient, reliable, and safer.
The Emery Rail Heritage Trust has awarded $60,000 in grants to Friends of the 261 and the Fort Wayne Railroad Historical Society (FWRHS) to fund Positive Train Control (PTC) on two historic steam locomotives: Milwaukee Road 261 and Nickel Plate Road 765. Each organization will receive $30,000 to launch individual fundraising efforts to cover the estimated $120,000 cost per locomotive for PTC implementation.
The Federal Railroad Administration on May 15 issued a Notice of Funding Opportunity (NOFO) for $250 million in Positive Train Control (PTC) Systems Grants.
WASHINGTON – Technology class was in session for Congress Monday, courtesy of Class I railroads.
Short line and regional railroads are getting help with Positive Train Control compliance.
The Association of American Railroads (AAR) on May 7 filed comments with the Federal Railroad Administration (FRA) and the Pipeline and Hazardous Materials Safety Administration (PHMSA) that call for the U.S. Department of Transportation “to take the same supportive regulatory approach with railroads that it has with automation of trucks and cars.”