PTC

OSIsoft, LILEE Systems partner on PTC

OSIsoft, a provider of operational intelligence software, and LILEE Systems, a provider of mobile communications systems for the transportation industry, have entered into an alliance “to improve safety and equipment health of rail and transportation networks through Big Data and industrial Internet of Things (IoT) technologies to help rail operators achieve their goals for Positive Train Control (PTC),” the companies said in an April 10 announcement.

For Wabtec, a challenging 2016

Wabtec Corp. on Feb. 21 reported results for 2016’s fourth quarter and full year, and issued financial guidance for 2017, that reflects “significant headwinds” in the freight and industrial markets, as well as ongoing effects from its acquisition of Faiveley Transport.

CN 2017 capex: C$2.5 billion

CN’s planned C$2.5 billion (US$1.9 billion) 2017 capital program is “focused on hardening core infrastructure,” the railroad said on Feb. 9.

Decisive Railroading, an enterprise perspective

Next Generation Train Control (NGTC) has been a popular subject for conferences for a number of years. However, judging by the attendees at past NGTC-related conferences, this is a subject of little interest to the U.S. freight railroads.

KCS sets 2017 capex program

Kansas City Southern will invest $550 million to $560 million in 2017 capital, a 4% to 5% percent reduction from its $584 million 2016 capex program.