rail equipment

National Steel Car says its wheel sets for rail cars are OK to use

Wheel sets manufactured by Hamilton, Ontario-headquartered National Steel Car are safe to use and weren’t a contributing factor in the March 4 derailment of a Norfolk Southern train in Springfield, Ohio, according to the company.

The statement Friday by National Steel Car follows a March advisory from the Association of American Railroads (AAR), which had cautioned rail car owners against using a specific model and series of rail cars because of concerns about loose wheels in this series. The...

https://www.freightwaves.com/news/national-steel-car-says-its-wheel-sets-for-rail-cars-are-ok-to-use

IntelliTrans: Partnership with AllTranstek will help shippers navigate regulatory landscape

Should federal regulators impose additional rail safety mandates in the near future, IntelliTrans will be poised to help customers navigate through those changes, according to Ken Sherman, president of the supply chain visibility and logistics management platform.

Atlanta-headquartered IntelliTrans has a partnership with AllTranstek, a company that manages rail car fleets and provides tank car technical services. Both companies have been working together for awhile, but the two solidified their...

https://www.freightwaves.com/news/intellitrans-partnership-with-alltranstek-will-help-shippers-navigate-regulatory-landscape

Trade groups applaud House bill that encourages rail car scrapping

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The trade associations for rail equipment and component manufacturers are rallying behind a U.S....

https://www.freightwaves.com/news/trade-groups-applaud-house-bill-that-encourages-rail-car-scrapping

Report: Rail supply industry contributed $75B to US economy in 2020

An economic study commissioned by three rail supply trade groups has determined that the U.S. rail supply industry’s impact to the nation’s GDP exceeded $75 billion in 2020.

The report, sponsored by the Railway Supply Institute, the Railway Engineering-Maintenance Suppliers Association and the Railway Tie Association, suggests that the industry’s contributions come from more than $15 billion in tax contributions at the federal, state and local levels, as well as employment impacts of more than...

https://www.freightwaves.com/news/report-rail-supply-industry-contributed-75b-to-us-economy-in-2020

Rail Roundup: Pa. provides $26M for rail; RailState, Alterra news

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Pennsylvania awards $26M for rail infrastructure

Pennsylvania has awarded $26 million to 24 freight...

https://www.freightwaves.com/news/rail-roundup-pa-provides-26m-for-rail-railstate-alterra-news

Rail Roundup: Green initiatives, Windy City rehab

A locomotive hauls railcars down the railroad track.Union Pacific, Shell sign agreement on green initiatives

Union Pacific and energy producer Shell have signed a memorandum of understanding that could help both companies reduce greenhouse gas emissions and eventually reach a 2050 goal of net-zero emissions.

UP (NYSE: UNP) also says it is seeking to reduce GHG emissions by 26% by 2030. 

The areas that the two companies plan to work together on include:

  • Increasing biofuel blends and renewable fuel blends in locomotives.
  • Examining renewable energy...

https://www.freightwaves.com/news/rail-roundup-green-initiatives-windy-city-rehab

Trinity Industries says improved rail service would benefit railcar lessors

A tank car parked at a rail yard.

Executives with railcar lessor and manufacturer Trinity Industries were upbeat about the second half of 2022 despite lingering rail service issues and the Class I railroads’ challenge of hiring more employees to improve network capacity.

“We’re hearing from our shipper customers that there are more originations available than  industry data would suggest,” Trinity President and CEO Jean Savage told investors during Trinity’s second-quarter 2022 earnings call earlier this week. “The railroads...

https://www.freightwaves.com/news/trinity-industries-says-improved-rail-service-would-benefit-railcar-lessors

National Railway Equipment CEO: ‘Future is bright’ for new tech adoption

A single locomotive in a wide open field.

As more companies seek to deploy greener locomotives and rail equipment to support their sustainability programs, National Railway Equipment’s new CEO, Merritt Becker, expects to help customers embrace technology and transition seamlessly toward that goal.

FreightWaves recently chatted with Becker, whose first day as CEO of NRE was Wednesday. NRE is a Mount Vernon, Illinois-based supplier serving North American and international railroads in the areas of locomotive servicing, providing new and...

https://www.freightwaves.com/news/national-railway-equipment-ceo-future-is-bright-for-new-tech-adoption

Nexxiot, Knorr-Bremse integrating technology to build better rail brakes

A close-up photo of railcar wheels on a rail track.

Switzerland-based rail technology company Nexxiot and global braking systems provider Knorr-Bremse have struck a deal that Nexxiot CEO Stefan Kalmund says could significantly impact how freight and passenger rail companies keep track of their railcars’ performance and location.

Knorr-Bremse will integrate Nexxiot’s hardware and software into its products for the company and for North American subsidiaries New York Air Brake and Knorr Brake Co. Knorr-Bremse, a customer and investor of Nexxiot,...

https://www.freightwaves.com/news/nexxiot-knorr-bremse-integrating-technology-to-build-better-rail-brakes

FreightCar America sees opportunity in continued high scrapping levels in 2022

A photograph of a railcar in a yard.

Continued elevated levels for scrapping railcars are likely to persist in 2022, which should benefit railcar manufacturer FreightCar America this year, company executives said during the company’s fourth-quarter 2021 earnings call.

“Since 2020, railcar annual scrapping figures have outpaced deliveries and historical replacement demand as customers retire older and less efficient railcar assets,” Matthew Tonn, FreightCar America (NASDAQ: RAIL) chief commercial officer, told investors on Tuesday....

https://www.freightwaves.com/news/freightcar-america-sees-opportunity-in-continued-high-scrapping-levels-in-2022

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