Rail transport by country

AiDash Raises $50 Million to Safeguard Critical Infrastructure From Climate Change-related Threats

Retrieved on: 
Tuesday, January 23, 2024
Green Technology, Satellite, Environment, Sustainability, Software, Artificial Intelligence, Venture Capital, Finance, Environmental Health, Data Management, Professional Services, Technology, Other Natural Resources, Utilities, Oil, Gas, Natural Resources, Energy, Climate Change, Weather, Rail transport by country, Risk, Carbon, BNG, IVMS, Grazing, Alabama Power, Series, Edison International, Safety, Ash, Organization, O&M, IEMS, Operation, Software as a service, Monitoring, AI, ARR, Climate change, Schneider Electric, Water, Integrity, CRIS, ROI, Nature, Wildfire, David Gal, Forecasting, Biodiversity, Multimedia, Erosion, ISMS, Climate, Government, Ageing, Renewable energy

AiDash , an enterprise SaaS company making critical infrastructure industries climate-resilient and more sustainable with satellites and AI, today announced that it received $50 million in funding, bringing the total raised to date to $83 million.

Key Points: 
  • AiDash , an enterprise SaaS company making critical infrastructure industries climate-resilient and more sustainable with satellites and AI, today announced that it received $50 million in funding, bringing the total raised to date to $83 million.
  • Funds will be used to fuel growth as AiDash anticipates nearly doubling its team of 300 over the next two years.
  • “Our aging infrastructure is breaking under the strain of environmental change, putting lives at risk,” said Abhishek Singh, Co-founder and CEO of AiDash.
  • To learn more about all the ways in which AiDash is supporting climate resiliency and sustainability, please visit www.aidash.com .

Leading Climate Startups Launch Alliance to Engage Public Sector in Reducing Emissions from Cement and Concrete

Retrieved on: 
Wednesday, January 17, 2024
Construction & Property, Environmental Policy, Environmental Issues, Environmental Health, Mining, Minerals, Natural Resources, Public Policy, Government, Environment, Advocacy Group Opinion, Other Construction & Property, Sustainability, Carbon, CO2, Transport, DC2, Accounting, Policy, Concrete, History, Primary energy, Commercial, Ecosystem, Federation, Climate change, Rail transport by country, Water, Building material, Human, Climate, Plant, Public sector, Renewable energy

Collectively, their technologies re-engineer production processes and feedstocks, introduce novel materials, and utilize or sequester CO2 directly in concrete to accelerate the industry’s decarbonization beyond near-term action taken by incumbents.

Key Points: 
  • Collectively, their technologies re-engineer production processes and feedstocks, introduce novel materials, and utilize or sequester CO2 directly in concrete to accelerate the industry’s decarbonization beyond near-term action taken by incumbents.
  • DC2’s additional areas of advocacy and public sector engagement span expanded tax credits, novel standards development, consistent ecolabeling and accounting, and customer demand support.
  • As founding members of DC2, we proudly lead in solving challenges in the cement and concrete segment, paving the way for a greener future."
  • That's why it's so critical for climate leaders to join forces and push for policies that accelerate the commercial path for transformational low-carbon cement and concrete technologies.

Wabtec’s Trip OptimizerTM Surpasses 1 Billion Miles Significantly Reducing the Rail Industry’s Fuel Consumption and Emissions

Retrieved on: 
Wednesday, January 17, 2024
Rail, Logistics, Supply Chain Management, Transport, Manufacturing, Natural Resources, Other Manufacturing, Public Transport, Wabtec, Rail transport by country, EPA, Electricity, Feedback, Software, Carbon, Travel, Rail transport

The 12,000 locomotives worldwide using the Trip Optimizer system accounted for significant reductions in fuel consumption and emissions for the rail industry.

Key Points: 
  • The 12,000 locomotives worldwide using the Trip Optimizer system accounted for significant reductions in fuel consumption and emissions for the rail industry.
  • "This billion-mile accomplishment is a tribute to our customers and our team of innovators,” said Nalin Jain, president of Wabtec Digital Intelligence.
  • “Trip Optimizer has become an integral locomotive operating system and an industry standard for railroads to efficiently manage the performance of their trains.
  • “The system is EPA certified to reduce emissions by 10 percent by reducing fuel consumption enabling railroads to shrink their carbon footprint and reduce operating expenses.

Enchanted Rock Receives Grant from California Energy Commission to Create Breakthrough Engine that Helps to Meet Country's Carbon Neutral Goals

Retrieved on: 
Thursday, January 25, 2024
Hydrogen, CO2, Natural gas, Research, Environmental Research, UCR, University, Palomar College, Carbon, Chemical substance, Health, CEC, Climate, College, CH4, Rail transport by country, Renewable energy

STOCKTON, Calif., Jan. 25, 2024 /PRNewswire/ -- Enchanted Rock, a leading provider of electrical resiliency microgrids, today announced that the company has received a $2.1 million grant through the Hydrogen Blending and Lower Oxides of Nitrogen Emissions in Gas-Fired Generation (HyBLOX) program administered by the California Energy Commission (CEC). Under this grant, Enchanted Rock and the University of California Riverside (UCR) will develop and advance technologies that can significantly reduce greenhouse gas and other emissions in natural gas generators, helping California meet its renewable energy and zero carbon resource goals, while ensuring electric reliability and affordability. 

Key Points: 
  • Under this grant, Enchanted Rock and the University of California Riverside (UCR) will develop and advance technologies that can significantly reduce greenhouse gas and other emissions in natural gas generators, helping California meet its renewable energy and zero carbon resource goals, while ensuring electric reliability and affordability.
  • "This is an exciting opportunity to further advance the potential use of hydrogen fuel blends for commercialization and market adoption," said Thomas McAndrew, founder and CEO of Enchanted Rock.
  • With this grant, Enchanted Rock will further advance its reciprocating engine technology, identifying the optimal blend of natural gas and hydrogen to operate the generator while maximizing performance and minimizing emissions.
  • Enchanted Rock is a pioneering force in electrical resiliency as-a-service with some of the lowest emissions in the industry.

EMPIRE DIVERSIFIED ENERGY, INC. RECEIVES APPROVAL TO OPERATE SHORTLINE RAILROAD EMPIRE RIVER RAIL, LLC

Retrieved on: 
Wednesday, January 24, 2024
Transport, Ticker, Rail transport by country, Movement, The Port

FORT LAUDERDALE, Fla., Jan. 24, 2024 /PRNewswire/ -- Empire Diversified Energy, Inc. (OTC Markets Pink, Ticker Symbol: MPIR) Empire Diversified Energy proudly announces the establishment of Empire River Rail at The Port of West Virginia.

Key Points: 
  • FORT LAUDERDALE, Fla., Jan. 24, 2024 /PRNewswire/ -- Empire Diversified Energy, Inc. (OTC Markets Pink, Ticker Symbol: MPIR) Empire Diversified Energy proudly announces the establishment of Empire River Rail at The Port of West Virginia.
  • This strategic initiative marks a significant milestone for furthering the development of The Port of West Virginia as a full-service tri-modal facility.
  • Empire River Rail is moving forward as a shortline railroad at the Port and will strive to be a clean-energy rail system in West Virginia.
  • For more information about Empire River Rail and Empire Diversified Energy, please visit our website https://empirediversifiedenergy.com Media inquiries can be directed to [email protected] .

Global Smart Transportation Industry Report 2023: Market to Surpass $310 Billion by 2030 - Rising Government Initiatives and Public-Private Partnership Models

Retrieved on: 
Tuesday, January 23, 2024
Lidar, Artificial intelligence, Transport, Congestion, Internet, Partner, City, Partnership, Failure, Maas, Government, Ecosystem, Travel, Rail transport by country, Safety, Urbanization, USD, Traffic congestion, Organization, Region, Data analysis, Automation, Driverless, Private sector, Diagnosis, PPP, Uber

The smart transportation industry includes a wide range of technology and solutions aimed at improving transportation systems, reducing congestion, increasing safety, and increasing overall efficiency.

Key Points: 
  • The smart transportation industry includes a wide range of technology and solutions aimed at improving transportation systems, reducing congestion, increasing safety, and increasing overall efficiency.
  • The smart transportation market strives to address the constraints and complexities of current transportation systems by leveraging cutting-edge technologies.
  • In the smart transportation business, data analytics is critical for delivering insights into traffic patterns, user behavior, and infrastructure performance.
  • Rising government initiatives and the advent of public-private partnership (PPP) models are critical driving forces advancing smart transportation systems.

Venture 53 Announces Strategic Investment in Optym, Paving the Way for Optimization Innovation in the Transportation Industry

Retrieved on: 
Tuesday, January 23, 2024
Growth, Software, LTL, Rail transport by country, FTL, Venture, Transport

DALLAS, Jan. 23, 2024 /PRNewswire-PRWeb/ -- Venture 53, a pure-play industry-focused transportation and logistics fund, proudly announced today its strategic investment in Optym, a trailblazer in optimization solutions for the transportation industry. The investment comes as a testament to Optym's unparalleled leadership in transportation optimization as acknowledged by industry expert and Venture 53 Co-Founder Pat Martin.

Key Points: 
  • Venture 53, a pure-play industry-focused transportation and logistics fund, proudly announced today its strategic investment in Optym, a trailblazer in optimization solutions for the transportation industry.
  • DALLAS, Jan. 23, 2024 /PRNewswire-PRWeb/ -- Venture 53, a pure-play industry-focused transportation and logistics fund, proudly announced today its strategic investment in Optym, a trailblazer in optimization solutions for the transportation industry.
  • The investment comes as a testament to Optym's unparalleled leadership in transportation optimization as acknowledged by industry expert and Venture 53 Co-Founder Pat Martin.
  • They are the clear leader in optimization in the transportation industry," industry expert and Venture 53 Co-Founder Pat Martin said.

MATSON ANNOUNCES PRELIMINARY 4Q23 RESULTS, PROVIDES BUSINESS UPDATE AND ANNOUNCES 4Q23 EARNINGS CALL DATE

Retrieved on: 
Thursday, January 18, 2024
CLX, Transport, Share repurchase, FEU, EPS, PIN, MATX, AAX, Rail transport by country, Matson, Inc.

Expects 4Q23 net income and diluted EPS to be $57.7 to $62.2 million and $1.65 to $1.78, respectively

Key Points: 
  • Expects 4Q23 net income and diluted EPS to be $57.7 to $62.2 million and $1.65 to $1.78, respectively
    Announces fourth quarter earnings call date on February 20, 2024
    HONOLULU, Hawaii, Jan. 18, 2024 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) today announces preliminary fourth quarter financial results, provides a business update and announces that its fourth quarter earnings call will be held on February 20, 2024.
  • "Matson's Ocean Transportation and Logistics business segments performed well in the fourth quarter, capping off a solid year for both business segments" said Chairman and Chief Executive Officer Matt Cox.
  • The year-over-year volume declines in Hawaii and Alaska were primarily due to lower general demand and lower seafood volume, respectively.
  • (3)
    During the fourth quarter of 2023, Matson repurchased approximately 0.5 million shares for a total cost of $47.9 million.

Jones Walker Elects Four New Partners and Strong Board Leadership

Retrieved on: 
Wednesday, January 17, 2024
Rail transport by country, Safe Care Campaign, Bureau, Humanity, Transport, Telecommunications, Music, Negotiation, Growth, Insurance

The firm also elected Andy Lee to its board of directors for a one-year term, effective December 2023.

Key Points: 
  • The firm also elected Andy Lee to its board of directors for a one-year term, effective December 2023.
  • "We are proud to welcome our newly elected partners, who bring a wealth of diverse experience and share our commitment to growth and high-quality client service," said Jones Walker managing partner Bill Hines.
  • "I am also pleased to continue working with Lauren and Chad on the firm's board of directors and welcome Andy's leadership and perspective in this role."
  • Jones Walker's newest partners include former special counsel attorneys Alfred Rufty and Mallory Wynne as well as former associates Thomas Kimball and Jane White.

Good Neighbor Program Reaches Millions of Community Members Across OmniTRAX Rail Network

Retrieved on: 
Tuesday, January 16, 2024
Hope, Rail transport by country, Eastern Railroad, Hunger, Housing, Industrialisation, Georgia Woodlands Railroad, Illinois Railway, OmniTRAX, Good Neighbour, Kettle Falls International Railway, Neighbor, Great Western Railway, Chicago Rail Link, Rail freight transport

DENVER, Jan. 16, 2024 /PRNewswire/ -- OmniTRAX, a comprehensive supply chain, industrial development, and logistics solutions partner, and the rail affiliate of The Broe Group, has completed its 2023 Good Neighbor Giving Program. The annual community outreach initiative included company contributions to 40 local non-profits in 23 markets, expanding access to critical community services for millions of local neighbors across the OmniTRAX rail network.

Key Points: 
  • The annual community outreach initiative included company contributions to 40 local non-profits in 23 markets, expanding access to critical community services for millions of local neighbors across the OmniTRAX rail network.
  • "The OmniTRAX Good Neighbor Program embodies our company-wide commitment to the communities we serve," said OmniTRAX CEO Dean Piacente.
  • The annual Good Neighbor contributions culminate the year-long commitment on behalf of OmniTRAX, its affiliate railroads, and corresponding employees to the local communities served throughout the OmniTRAX rail network.
  • Through annual contributions of volunteer hours and resources, OmniTRAX Good Neighbor Program strives to model the spirit of being a good civic partner and good neighbor.