Rail transport by country

Bowman Acquires Public Sector Focused High Mesa Consulting Group

Retrieved on: 
Wednesday, November 15, 2023

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of High Mesa Consulting Group (“High Mesa”), a multi-disciplinary consulting firm headquartered in Albuquerque, New Mexico.

Key Points: 
  • Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of High Mesa Consulting Group (“High Mesa”), a multi-disciplinary consulting firm headquartered in Albuquerque, New Mexico.
  • All High Mesa employees will join Bowman in connection with the acquisition.
  • “High Mesa is a great addition to Bowman and immediately expands our reach into growing markets we do not currently serve,” said Gary Bowman, chairman and CEO of Bowman.
  • I’m very pleased to have the High Mesa team join us and look forward to a great future together.”
    “This is the next chapter in the storied history of our firm,” said Charles Cala, president of High Mesa.

Integrated Rail and Resources Acquisition Corp. Announces Extension

Retrieved on: 
Thursday, November 9, 2023

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.

Strategic Resources Congratulates Port Saguenay for Receiving C$111 million of Federal and Provincial Funding for the New Conveyor System

Retrieved on: 
Tuesday, December 12, 2023

The Governments of Canada and Quebec have demonstrated forward thinking by enhancing the capability of Port Saguenay with their commitments to funding the important new multi-user conveyor system.

Key Points: 
  • The Governments of Canada and Quebec have demonstrated forward thinking by enhancing the capability of Port Saguenay with their commitments to funding the important new multi-user conveyor system.
  • The conveyor system will allow material to be transported from the wharf to Strategic's planned operations at the Port of Saguenay industrial park, where it has a long-term lease agreement.
  • Sean Cleary, CEO of Strategic Resources commented: "This is a very positive announcement for both Port Saguenay and Strategic Resources.
  • The Federal Government of Canada is granting the Saguenay Port Authority a contribution of $55.2 million.

Minister of Transport and Quebec Minister of Transport and Sustainable Mobility announce a joint investment in Outaouais roads

Retrieved on: 
Monday, December 11, 2023

As stipulated in the Outaouais Road Agreement, the costs will be shared equally between the Government of Canada and the Government of Quebec.

Key Points: 
  • As stipulated in the Outaouais Road Agreement, the costs will be shared equally between the Government of Canada and the Government of Quebec.
  • "Today's announcement is part of a long-standing partnership between the federal government, Quebec, Gatineau and the Outaouais.
  • Our investments will help improve Pink Road and La Vérendrye Boulevard, making it easier for people to get around."
  • It is a priority for our government to support transport projects that promote economic development and greater mobility, particularly in the regions."

Government of Canada improves railway freight and passenger train brake inspection and safety rules

Retrieved on: 
Friday, December 8, 2023

Today, the Minister of Transport, Pablo Rodriguez, announced changes to the Railway Freight and Passenger Train Brake Inspection and Safety Rules that will come into force on December 1, 2025.

Key Points: 
  • Today, the Minister of Transport, Pablo Rodriguez, announced changes to the Railway Freight and Passenger Train Brake Inspection and Safety Rules that will come into force on December 1, 2025.
  • These rules specify safety requirements for the safe operation of train brakes on all freight and passenger trains.
  • "We're making changes to the Railway Freight and Passenger Train Brake Inspection and Safety Rules to make trains moving in Canada safer than ever before, especially during winter.
  • Transport Canada monitors railway companies for compliance with rules, regulations, and standards made under the Railway Safety Act through risk-based audits and safety inspections.

Approved Oil Company Secures Exclusive Multi-Year Deal to Power All NYC Agencies with Renewable Diesel, Boosting Green Initiatives Citywide

Retrieved on: 
Friday, December 1, 2023

In a historic move, Approved Oil Company has emerged as a leader in the distribution of Renewable Diesel within the city's borders.

Key Points: 
  • In a historic move, Approved Oil Company has emerged as a leader in the distribution of Renewable Diesel within the city's borders.
  • The Department of Citywide Administrative Services (DCAS) has recognized Approved Oil Company's dedication to sustainable solutions and has awarded the company a prestigious multi-year contract.
  • By powering these essential agency fleets with Renewable Diesel, Approved Oil Company is playing a pivotal role in driving down carbon emissions and contributing to the realization of New York City's ambitious green initiatives.
  • As a local NYC based company, Approved Oil is particularly proud to have secured this landmark multi-year deal to supply the city with renewable diesel thereby contributing in a major way to supporting NYC's green initiatives.

Hyperloop Technology Market size to grow by USD 8.85 billion growth between 2022 - 2027, Growth Driven by the increase in demand for fast mode of transportation - Technavio

Retrieved on: 
Thursday, November 30, 2023

The potential growth difference for the hyperloop technology market between 2022 and 2027 is USD 8.85 billion.

Key Points: 
  • The potential growth difference for the hyperloop technology market between 2022 and 2027 is USD 8.85 billion.
  • An increase in demand for faster modes of transportation is a key factor driving the market growth.
  • Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more.
  • Key Companies in the hyperloop technology market:
    The wireless charging market size is estimated to grow at a CAGR of 25.29% between 2022 and 2027.

Goldman Edwards Awarded Prime Contract to Support the Department of Transportation with Presidential Transition Initiatives

Retrieved on: 
Thursday, November 30, 2023

WASHINGTON, Nov. 30, 2023 /PRNewswire/ -- Goldman Edwards, Inc. (GE) was awarded a Sole Source Contract to support the Department of Transportation (DOT) Presidential Transition Initiatives.

Key Points: 
  • WASHINGTON, Nov. 30, 2023 /PRNewswire/ -- Goldman Edwards, Inc. (GE) was awarded a Sole Source Contract to support the Department of Transportation (DOT) Presidential Transition Initiatives.
  • "We are honored to be awarded another opportunity to collaborate with the Department," said Jerrod Moton, Chief Executive Officer of Goldman Edwards.
  • Goldman Edwards is committed to upholding the highest quality standards in strategic planning, communications, and program management support.
  • Goldman Edwardes looks forward to expanding our partnership with the Department of Transportation and is eager to help push its mission forward.

Kinetik Reports Third Quarter 2023 Financial and Operating Results

Retrieved on: 
Wednesday, November 8, 2023

Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today reported financial results for the quarter ended September 30, 2023.

Key Points: 
  • Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today reported financial results for the quarter ended September 30, 2023.
  • “In the third quarter, we achieved processed gas volumes of 1.49 Bcf/d, representing 23% growth year-over-year.
  • We completed construction of the Delaware Link pipeline in September and reached commercial in-service on October 1, 2023.
  • Declared a dividend of $0.75 per share for the quarter ended September 30, 2023, or $3.00 per share on an annualized basis.

A multimodal approach to sustainable transport in Tomorrow.Mobility

Retrieved on: 
Wednesday, November 8, 2023

With the transportation sector identified as a significant contributor to the climate crisis, EIT Urban Mobility advocates for a reimagined and integrated approach to mobility in cities, emphasising the importance of multimodality.

Key Points: 
  • With the transportation sector identified as a significant contributor to the climate crisis, EIT Urban Mobility advocates for a reimagined and integrated approach to mobility in cities, emphasising the importance of multimodality.
  • This strategic approach leverages the unique strengths of various transport modes, enabling a seamless and sustainable transition towards environmentally conscious urban transportation systems."
  • According to the findings from a study by EIT Urban Mobility , the transition towards sustainable urban mobility in Europe is expected to necessitate an additional €86 billion by 2030.
  • This escalating trend underscores the necessity for sustainable, accessible, and inclusive transportation solutions, emphasising the importance of tools such as mobility data space and comprehensive multimodality planning.