Rail transport by country

Experienced Transportation Executive Brad Adams Joins The Sanborn Map Company

Retrieved on: 
Tuesday, March 12, 2024

The Sanborn Map Company Inc (Sanborn), a comprehensive geospatial solutions provider, proudly announces the appointment of Bradley Adams, P.E.

Key Points: 
  • The Sanborn Map Company Inc (Sanborn), a comprehensive geospatial solutions provider, proudly announces the appointment of Bradley Adams, P.E.
  • With an extensive background in transportation engineering, surveying, and IT consulting, Brad brings a wealth of experience to the Sanborn team.
  • In a career spanning 35 years, Brad has held many executive leadership roles, directing the development of solutions, go to market plans, and partnering strategies.
  • "Brad’s experience and expertise creating geospatial solutions for the transportation sector will help drive Sanborn innovation,” said John Copple, CEO.

Integrated Rail and Resources Acquisition Corp. Announces Extension

Retrieved on: 
Monday, March 11, 2024

The Company is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.

Key Points: 
  • The Company is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
  • While the Company may pursue an initial business combination target in any business or industry, it intends to focus its search on natural resources, railroads and/or railroad logistics companies, or any combinations thereof.
  • This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.
  • This announcement is being issued in accordance with Rule 135 under the Securities Act.

TEAMSTERS RAIL CONFERENCE CELEBRATES NEW FEDERAL RULE MANDATING TWO-PERSON CREWS

Retrieved on: 
Wednesday, April 3, 2024

WASHINGTON, April 3, 2024 /PRNewswire/ -- The Teamsters Rail Conference celebrated the unveiling of a new federal rule that requires a minimum of two crew members on board most freight trains. This rulemaking comes after 13 years of tireless advocacy to protect and mandate crew sizes by the Brotherhood of Locomotive Engineers and Trainmen (BLET) and the Teamsters Rail Conference.

Key Points: 
  • WASHINGTON, April 3, 2024 /PRNewswire/ -- The Teamsters Rail Conference celebrated the unveiling of a new federal rule that requires a minimum of two crew members on board most freight trains.
  • This rulemaking comes after 13 years of tireless advocacy to protect and mandate crew sizes by the Brotherhood of Locomotive Engineers and Trainmen (BLET) and the Teamsters Rail Conference.
  • "Requiring two crew members to operate a multi-ton freight train that is several miles long should be common sense, but now, there is thankfully a rule that mandates it," said Mark Wallace, President of the Teamsters Rail Conference.
  • The Teamsters look forward to continuing to work alongside state and federal officials on much-needed rail safety measures and making sure that the voices of rail workers are heard."

NoTraffic Expands its Operations and Launches in the State of Florida

Retrieved on: 
Wednesday, March 13, 2024

Tel Aviv, Israel, March 13, 2024 /PRNewswire/ -- NoTraffic, the developer of the world's leading AI Mobility Platform, today announced that it has received approval from the Florida Department of Transportation (FDOT) to operate in the state, accompanied by substantial successful implementations of NoTraffic's systems in various locations including Collier County, Pasco County, Forsyth County, Orlando, and more. This significant milestone underscores NoTraffic's unwavering commitment to the highest safety and future-ready standards. It also marks a transformative step forward in making roads safer, more efficient, and ready for connected vehicles, signaling a major advancement in the rollout of their state-of-the-art traffic management technologies across Florida. 

Key Points: 
  • The FDOT certification is renowned for its rigorous approval process, and NoTraffic successfully navigating this stringent assessment reinforces its position as a trailblazer in the industry.
  • With FDOT's approval, NoTraffic is now poised to deploy its state-of-the-art traffic management solutions across agencies in Florida, enhancing traffic efficiency and safety, and preparing the roads for connected vehicles.
  • This approval will enable further opportunities within the state but also showcases that NoTraffic is a viable choice for other states seeking innovative mobility solutions.
  • NoTraffic utilizes edge computing technology, pioneering unparalleled software-defined infrastructure that facilitates real-time decision making at both local and cloud levels.

Ayvens Reaches Frame Agreement with Stellantis to Buy Up to 500,000 Vehicles, Making Sustainable Mobility an Easy Choice for All

Retrieved on: 
Monday, February 26, 2024

Ayvens was created in May 2023 when ALD Automotive acquired LeasePlan, one of the world’s leading fleet management and mobility companies.

Key Points: 
  • Ayvens was created in May 2023 when ALD Automotive acquired LeasePlan, one of the world’s leading fleet management and mobility companies.
  • One of the shared priorities will be integrating Stellantis’ innovative range of sustainable vehicles to support Ayvens’ multi-brand strategy.
  • Carlos Tavares, CEO of Stellantis: “I am thrilled to announce a new ground-breaking agreement with Ayvens, which will aid the progressive transition of Ayven’s client base to choosing more sustainable mobility options.
  • By purchasing Stellantis vehicles with state-of-the-art propulsion, including battery electric vehicles, the agreement aligns with Ayvens’ PowerUP 2026 strategic plan to facilitate a progressive transition to sustainable mobility.

Rail Vision to Showcase its Safety AI-Driven Systems to US Railroad Leaders

Retrieved on: 
Thursday, February 22, 2024

Ra’anana, Israel, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market for the railway industry, today announces its participation in the American Short Line and Regional Railroad Association's (ASLRRA) 2024 Annual Conference & Exhibition, which will take place at the Kansas City Convention Center from March 24 to 26, 2024 in Kansas City, Missouri.

Key Points: 
  • During the conference, attendees can visit Rail Vision at Booth 739 and learn about its innovative solutions and products, including the MainLine and SwitchYard systems, which utilize advanced sensors and artificial intelligence to detect and assess potential safety hazards on the track in real-time.
  • The Company's innovative technology enables operators to proactively identify and mitigate risks before they escalate.
  • "As part of our relationship with the North American railway industry, we are excited to showcase our latest advancements in rail safety technology at ASLRRA's Annual Conference and Exhibition," said Shahar Hania, CEO at Rail Vision.
  • "This event presents an ideal platform for us to connect with industry leaders, forge partnerships, and demonstrate how Rail Vision's solutions can empower railroads to operate more safely and efficiently, preserving their business continuity."

Mexican Rail Operator Renews Support Contract and Adds Duos AI

Retrieved on: 
Thursday, February 22, 2024

Additionally, the agreement includes the renewal of their annual services and maintenance contract, which now encompasses expanded support through Duos' Preventative Maintenance Checks and Services (PMCS) Program and Field Services Support, aimed at further improving the performance of the rail network.

Key Points: 
  • Additionally, the agreement includes the renewal of their annual services and maintenance contract, which now encompasses expanded support through Duos' Preventative Maintenance Checks and Services (PMCS) Program and Field Services Support, aimed at further improving the performance of the rail network.
  • The renewal agreement includes an annual subscription for an array of AI algorithms requested by the client who uses the Duos patented Railcar Inspection Portal ( RIP® ) and AI to quickly and efficiently detect critical issues that could potentially lead to accidents or derailments.
  • Our patented Railcar Inspection Portal and AI are now being used by four of the large freight rail carriers in North America.
  • Duos was recently awarded a Patent for this AI technology underscoring the high performance of Duos’ AI offerings which have been developed using rail industry experts.

CN and CPKC Push Toward Work Stoppage, Neglect Serious Negotiation Efforts, Say Teamsters

Retrieved on: 
Monday, February 19, 2024

CN and CPKC are currently in negotiations with the Teamsters to renew three collective agreements affecting approximately 9300 workers at both companies.

Key Points: 
  • CN and CPKC are currently in negotiations with the Teamsters to renew three collective agreements affecting approximately 9300 workers at both companies.
  • “CN and CPKC aim to eliminate all safety-critical rest provisions from our collective agreements.
  • We want to reach a negotiated settlement, but their demands are non-starters for the Teamsters.
  • At CPKC, the Teamsters represent close to 3200 conductors, locomotive engineers, and yard workers under a single contract.

Ancora’s Proposed Directors and Management Team Release Statement and White Paper Regarding Opportunities for Enhanced Safety at Norfolk Southern

Retrieved on: 
Thursday, March 7, 2024

“As proposed directors and executives, we continue to analyze Norfolk Southern’s challenges and opportunities with the focus and intensity of a sitting corporate leadership team.

Key Points: 
  • “As proposed directors and executives, we continue to analyze Norfolk Southern’s challenges and opportunities with the focus and intensity of a sitting corporate leadership team.
  • We realize that the most important assets of any railroad are its experienced operators.
  • Conductors, engineers and other workers on the railroad are the essential factor in ensuring safe and productive operations.
  • Today, we are announcing our firm support for a policy that would ensure that every Norfolk Southern train operating on a mainline has a two-person crew.

Old Dominion Freight Line Provides Update for First Quarter 2024

Retrieved on: 
Tuesday, March 5, 2024

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for February 2024.

Key Points: 
  • Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for February 2024.
  • Marty Freeman, President and Chief Executive Officer of Old Dominion, commented, “Our revenue results turned slightly positive in February but continue to reflect softness in the domestic economy.
  • Our LTL shipments per day also increased slightly as compared to February 2023 while our yield metrics continued to improve.
  • Old Dominion Freight Line, Inc. is one of the largest North American LTL motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization.