Class I railroads Archives - Page 18 of 18

Good economic news: BendPak opens Alabama distribution center

4 June 2020

The opening of BendPak’s Alabama distribution center (DC) is good news in a time when there is very little good news.

“The economic outlook globally is stressed and uncertain. BendPak investing in Mobile shows economic confidence is out there and the public gets some good economic news,” said Jimmy Lyons, director emeritus of the Alabama State Port Authority (ASPA).

BendPak, which manufactures and sells automotive lifts used in car dealerships and parking garages, has opened a 100,000-square-foot...

https://www.freightwaves.com/news/good-economic-news-bendpak-opens-alabama-distribution-center

U.S. Class I railroads inch towards full positive train control implementation

24 May 202019 May 2020

A photograph of a freight train locomotive.

One-hundred percent of the tracks owned by the U.S. operations of the Class I railroads have completed the advanced field testing of positive train control (PTC), a federally mandated safety technology that must be implemented on all Class I railroads, Amtrak and certain commuter rail lines by December 31 of this year, according to the Federal Railroad Administration (FRA).

The advanced field testing stage, known as revenue service demonstration (RSD), is among the last steps to completing the...

https://s29755.pcdn.co/news/u-s-class-i-railroads-inch-towards-full-positive-train-control-implementation

Commentary: When will PSR-driven volume and service growth emerge?

24 May 20204 May 2020

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

This week’s strategic question is “What are the bold new benefits shippers can expect now that the freight railways are super-efficient?”

It is May, and freight carriers – including the railroads – have issued their first quarter 2020 report cards. Simultaneously, it is a time of considerable economic uncertainty.

Previously in such crises, certain companies and...

https://s29755.pcdn.co/news/commentary:-when-will-psr-driven-volume-and-service-growth-emerge?