Commtrex

Rail Roundup: UP gets environmental kudos; Commtrex, Railinc team up

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Union Pacific recognized for sustainability 

Union Pacific has been named to the Dow Jones...

https://www.freightwaves.com/news/rail-roundup-up-gets-environmental-kudos-commtrex-railinc-team-up

Rail Roundup: Sweeteners shippers bemoan rail service

Service delays sour the sweeteners

The Sweeteners Users Association (SUA), a trade group representing companies that purchase sugar for use in foods and beverages, is the latest group asking the Surface Transportation Board to address rail service issues.

SUA’s letter comes as a number of stakeholders, such as the National Feed and Grain Association, have pressed STB to act on recent service delays and other disruptions. The board will hold a hearing on April 26 and 27 to ask the U.S.-based Class...

https://www.freightwaves.com/news/rail-roundup-sweeteners-shippers-bemoan-rail-service

Rail Roundup: Lawmakers want worker fatigue addressed

Congressional leaders want rail regulators to address worker fatigue, attendance policies

Democratic leaders with the U.S. House of Representatives Committee on Transportation and Infrastructure are urging the Federal Railroad Administration to address worker fatigue as well as the attendance policies of the Class I railroads.

In a Wednesday letter to FRA Administrator Amit Bose, committee Chairman Peter DeFazio of Oregon and Rep. Donald Payne Jr. of New Jersey, chairman of the Subcommittee on...

https://www.freightwaves.com/news/rail-roundup-lawmakers-want-worker-fatigue-addressed

Kansas City Southern to utilize Commtrex’s transloading platform

Kansas City Southern will be using freight data supplier Commtrex’s platform to increase visibility and connectivity within KCS’ transload facility in the U.S. and Mexico.

The more than 100 transload facilities in 19 U.S. and Mexican states handle food and agricultural commodities, as well as bulk materials, chemicals, paper and forest products, and steel and other metals.

KCS (NYSE: KSU) says the arrangement will help it manage supply chain constraints as well as prepare for growing trade among...

https://www.freightwaves.com/news/kansas-city-southern-to-utilize-commtrexs-transloading-platform

Short-line railroads offer an appealing investment opportunity even amid pandemic

Private equity funds and other investors are scouring 35,000 miles of North American short-line rail track for deals even as the industry sees one of the biggest volume drops since 2008. 

The hunt for acquisitions among the roughly 500 companies in the space comes as investors see first-mile access to shippers as the next smart way to deploy large pools of capital and the demand for railcar storage increases. 

Brookfield Infrastructure Partners and GIC’s $8.4 billion acquisition of Genesee &...

https://s29755.pcdn.co/news/short-line-railroads-offer-an-appealing-investment-opportunity-even-amid-pandemic