True success lies in the ability to predict future trends accurately and embrace them successfully rather than letting them adversely affect your business. The difficulty lies in making accurate predictions and knowing how to react, especially as the speed of change is so swift today that the future has arrived before most people have even realized it.
Syntax-challenged George W. Bush was bang-on correct in saying, “You got to keep repeating things over and over and over again for the truth to sink in.” So it is with Positive Train Control (PTC)—a $14 billion safety overlay utilizing computers, transponders and GPS to stop or slow a train automatically before certain types of accidents occur.
Munich, Germany-based Siemens and Montreal, Canada-based Bombardier are engaging in preliminary talks to merge their rail businesses, according to a report in the July 29, 2015 edition of The Wall Street Journal.
As the president of the League of Railway Industry Women (LRIW), I am looking forward to hosting our annual conference in conjunction with Railway Interchange once again.
Iowa Pacific Holdings (IPH), which owns eight railroads across the U.S. and the U.K., has selected RailComm’s computer-aided dispatch system to operate its six railroads located in U.S. territory that run under the GCOR and NORAC rule sets, RailComm announced July 28, 2015.
Wabtec has confirmed that it plans to acquire Faiveley Transport for a total purchase price of $1.8 billion, including assumed debt, which if approved, will create one of the world’s largest rail equipment supply companies.
Wabtec Corp. on June 23, 2015 reported record results for second-quarter 2015.
Worldwide rail infrastructure and maintenance firm Harsco Rail, a division of Harsco Corp., will move all its technology products and services under the Protran Technology brand, including Zeta Tech, the company announced on July 22, 2015.
You know the kind I mean: the ones where nobody gets hurt, nothing blows up, and nobody shows up, except you.
Florida East Coast Railway (FEC) on July 11, 2015 opened a new dispatch center equipped with Wabtec Railway Electronics TDMS (Train Management Dispatching System) technology, which is being utilized to assist FEC train dispatchers in managing CTC (centralized traffic control) and TWC (track warrant control) across FEC’s 351-mile system.