Rail transport by country

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

Retrieved on: 
Tuesday, January 16, 2024

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.

The Company Lab (CO.LAB) and gener8tor announce first-ever cohort for Sustainable Mobility Accelerator

Retrieved on: 
Monday, January 15, 2024

CHATTANOOGA, Tenn., Jan. 15, 2024 /PRNewswire-PRWeb/ -- The Company Lab and gener8tor are thrilled to announce the selection of five startups for their inaugural Sustainable Mobility Accelerator cohort that kicks off January 18, 2024. Chosen from a competitive pool of 145 startups from 25 countries, these teams were identified as global startup leaders in transforming the future of mobility.

Key Points: 
  • "This cohort is not only the first of its kind in Chattanooga, but in the country as well," said The Company Lab CEO Tasia Malakasis.
  • Participants will immerse themselves in a dynamic environment centered around mentorship, collaboration with Chattanooga's Sustainable Mobility leaders, and access to crucial pilot opportunities.
  • gener8tor is a global venture firm and accelerator network that supports startups, founders, workers, employers, artists and musicians across race, place and gender.
  • FOLLOW THE COMPANY LAB: For the most up-to-date information regarding The Company Lab, please follow us on Instagram ( @thecompanylab ), Twitter ( @thecompanylab ) and Facebook ( The Company Lab ) or visit https://www.colab.co/ .

BlackRock Agrees to Acquire Global Infrastructure Partners (“GIP”), Creating a World Leading Infrastructure Private Markets Investment Platform

Retrieved on: 
Friday, January 12, 2024

A $1 trillion market today, infrastructure is forecast to be one of the fastest growing segments of private markets in the years ahead.

Key Points: 
  • A $1 trillion market today, infrastructure is forecast to be one of the fastest growing segments of private markets in the years ahead.
  • BlackRock has a broad network of global corporate relationships as a long-term investor in both their debt and equity.
  • The combination of GIP with BlackRock’s highly complementary infrastructure offerings creates a comprehensive global infrastructure franchise with differentiated origination and asset management capabilities.
  • Top investment talent at BlackRock lead franchises that include Diversified Infrastructure, Infra Debt, Infra Solutions, Climate Infrastructure and Decarbonization Partners.

OptiFuel’s Total-Zero™ 5600 hp RNG-Electric Line Haul Locomotive and RNG-Powered Tender are on Track for Testing at the Federal Railroad Administration’s Transportation Technology Center

Retrieved on: 
Thursday, January 11, 2024

The RNG-powered line haul locomotive produces 5100 hp of continuous power from zero emission Cummins RNG engines using OptiFuel’s Quick-Power™ technology with a peak power of 5600 hp with the standard LFP battery pack.

Key Points: 
  • The RNG-powered line haul locomotive produces 5100 hp of continuous power from zero emission Cummins RNG engines using OptiFuel’s Quick-Power™ technology with a peak power of 5600 hp with the standard LFP battery pack.
  • Partially funded with a Department of Energy (DOE) grant, the program will perform pre-production testing at the Federal Railroad Administration’s (FRA) Transportation Technology Center (TTC) for 12 months.
  • In 2026, OptiFuel will start a 2-year, 1-million-mile test program with ten pre-production 5600 hp RNG line haul locomotives and five 10,000 DGE RNG tenders operating around the US.
  • The RNG line haul locomotive is estimated to be priced around $5.5 million and can be purchased or leased.

Integrated Rail and Resources Acquisition Corp. Announces Extension

Retrieved on: 
Tuesday, January 9, 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.

ADVANO Appoints J. Christopher York as Chief Executive Officer to Lead the Transition to an Application Oriented Enterprise Advancing Silicon-Carbon Composite Battery Materials

Retrieved on: 
Thursday, January 11, 2024

NEW ORLEANS, Jan. 11, 2024 /PRNewswire/ -- ADVANO, a silicon solutions provider, is accelerating the commercialization of its proprietary silicon anode "drop-in" technology, REALSi™. The transition to an application-oriented enterprise has been made possible with the new leadership of J. Christopher York and further advancements in ADVANO's silicon-carbon composite battery materials.

Key Points: 
  • The transition to an application-oriented enterprise has been made possible with the new leadership of J. Christopher York and further advancements in ADVANO's silicon-carbon composite battery materials.
  • ADVANO has engaged in significant product development efforts yielding a cost-effective, high-performance silicon-carbon composite material for energy storage.
  • Silicon is a critical material that will assume a leading role in the ongoing energy transition," said Christopher York.
  • Prior to joining ADVANO, Christopher held executive leadership positions for over two decades at distinguished companies, including NOVONIX and ELKEM.

Italy Compact Construction Equipment Market Assessment 2023-2029: Caterpillar, Volvo CE, Komatsu, JCB, CNH Industrial, SANY, and Hitachi Lead with Strong Market Share and Diverse Equipment Offers

Retrieved on: 
Tuesday, January 9, 2024

The Italy compact construction equipment market is expected to grow at a CAGR of 4.89% from 2022 to 2029.

Key Points: 
  • The Italy compact construction equipment market is expected to grow at a CAGR of 4.89% from 2022 to 2029.
  • In addition, the growth in renovation and road construction projects is expected to drive the demand for compact earthmoving equipment in the Italy compact construction equipment market.
  • Caterpillar, Volvo CE, Komatsu, JCB, CNH Industrial, SANY, and Hitachi Construction Machinery are front runners in the Italy compact construction equipment market.
  • Compact forklifts accounted for the Italy compact construction equipment market's largest market in 2022.

OTG Announces Strategic Growth Plan to Effectuate Transaction with Investor Consortium and Leadership Transition

Retrieved on: 
Friday, January 5, 2024

NEW YORK, Jan. 5, 2024 /PRNewswire/ -- OTG ("OTG" or the "Company"), the hospitality group responsible for transforming the airport dining experience across the country, today announced that it has launched a series of initiatives to position the business for long-term growth and stability. The Company is working collaboratively with a private investor consortium (the "Investor Consortium") led by funds managed by Oaktree Capital Management, L.P. ("Oaktree") and Centerbridge Partners, L.P. ("Centerbridge"), to effectuate a transaction, under which the Investor Consortium will acquire OTG. The Investor Consortium also includes Sculptor Capital L.P., CPPIB Credit Investments III Inc., and Oak Hill Advisors, L.P.

Key Points: 
  • The Company is working collaboratively with a private investor consortium (the "Investor Consortium") led by funds managed by Oaktree Capital Management, L.P. ("Oaktree") and Centerbridge Partners, L.P. ("Centerbridge"), to effectuate a transaction, under which the Investor Consortium will acquire OTG.
  • The Investor Consortium also includes Sculptor Capital L.P., CPPIB Credit Investments III Inc., and Oak Hill Advisors, L.P.
    At closing of the transaction, the Investor Consortium intends to name Tom Fricke as Chairman of the Board of Directors and interim CEO.
  • To help advance the Company's growth plan, the Investor Consortium will provide the Company with new financing to support continued innovation, ongoing airport infrastructure investment, and geographic expansion.
  • The Investor Consortium first partnered with OTG in October 2021 to provide OTG with capital to fuel its growth.

DarkPulse, Inc. Closes Acquisition of Certain Assets of Optilan UK Ltd Including Subsidiaries in India and Turkey

Retrieved on: 
Tuesday, December 5, 2023

HOUSTON, Dec. 05, 2023 (GLOBE NEWSWIRE) -- DarkPulse, Inc. (OTC: DPLS) (“DarkPulse”, “DPLS", or "the Company") today announced the acquisition of certain assets of Optilan UK Ltd including two operating subsidiaries.

Key Points: 
  • HOUSTON, Dec. 05, 2023 (GLOBE NEWSWIRE) -- DarkPulse, Inc. (OTC: DPLS) (“DarkPulse”, “DPLS", or "the Company") today announced the acquisition of certain assets of Optilan UK Ltd including two operating subsidiaries.
  • The subsidiaries acquired are Optilan India Pvt Ltd, a major engineering group that designed multiple installations across the globe including security, rail, oil and gas, telecoms and, most importantly, distributed fiber optic sensor systems (DFOSS).
  • The Turkish-based company is also responsible for multiple contracts across the Middle East including Libya and Iraq.
  • The acquisitions are in line with the Company’s plan to expand operations throughout India as well as open operations in Europe, UAE, and Oman as part of its global expansion plan.

Poptential™ by Certell Offers Free Teacher Lessons on American Immigration

Retrieved on: 
Thursday, November 30, 2023

Instructors can find content to teach the history of U.S. immigration, what motivates people to emigrate to America, and how the country can manage the influx of immigrants in Poptential™, a family of free social studies course packages from Certell.

Key Points: 
  • Instructors can find content to teach the history of U.S. immigration, what motivates people to emigrate to America, and how the country can manage the influx of immigrants in Poptential™, a family of free social studies course packages from Certell.
  • Lessons on American immigration are included in the Poptential World History Volume 2 e-book, including:
    Fighting for Citizenship: During the Civil War, many immigrants were conscripted to fight for the Union army immediately upon arriving in America.
  • A video clip highlights America’s immigration wave from the late 19th century to the early 20th century and the laws enacted to slow down mass immigration.
  • Course packages in American History, World History, U.S. Government/Civics, and Economics are available free at www.poptential.org .