Rail

Global Smart Railway Systems Market 2020-2024 | Rising Adoption of Advanced Technologies to Boost Growth | Technavio

Wednesday, June 3, 2020 - 3:30pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200603005426/en/
    Technavio has announced its latest market research report titled Global Smart Railway Systems Market 2020-2024 (Graphic: Business Wire)
    Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19.
  • Market estimates include pre- and post-COVID-19 impact on the Smart Railway Systems Market Download free sample report
    The market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
  • The rising adoption of advanced technologies has been instrumental in driving the growth of the market.
  • https://www.technavio.com/report/global-smart-railway-systems-market-ind...
    Smart Railway Systems Market 2020-2024: Segmentation
    Smart Railway Systems Market is segmented as below:

Old Dominion Freight Line Provides Update for Second-Quarter 2020

Wednesday, June 3, 2020 - 12:00pm

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (LTL) operating metrics for May 2020.

Key Points: 
  • Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (LTL) operating metrics for May 2020.
  • Greg C. Gantt, President and Chief Executive Officer of Old Dominion, commented, Old Dominions revenue results for May reflect the significant decline in the domestic economy as well as a decrease in fuel surcharge revenue.
  • While economic uncertainty continues, we are encouraged by the gradual improvement in our daily revenue trend throughout the month of May.
  • Old Dominion Freight Line, Inc. is a leading, less-than-truckload (LTL), union-free motor carrier providing regional, inter-regional and national LTL services through a single integrated organization.

Ryder Supports Customers in COVID-19 Response

Wednesday, June 3, 2020 - 11:55am

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    This is an unprecedented time that has required unprecedented actions and Ryder plays an integral role, says Ryder Chairman & CEO Robert Sanchez.
  • Many companies have changed their manufacturing capabilities to produce ventilators and personal protective equipment, and Ryder shifting things up to meet customer demands is no different.
  • As a leader in transportation solutions, we are using our available resources to help the many customers who need our services and expertise the most.
  • To see how Ryder is helping customers manage their changing transportation and supply chain needs during this pandemic, watch this video on Ryder.com.

Overseas Shipholding Group, Inc. and Greenbrier Announce Major New Vessel Build

Tuesday, June 2, 2020 - 11:00am

Overseas Shipholding Group, Inc. (NYSE: OSG) ( OSG), a provider of energy transportation services for crude oil and petroleum products in the U.S.

Key Points: 
  • Overseas Shipholding Group, Inc. (NYSE: OSG) ( OSG), a provider of energy transportation services for crude oil and petroleum products in the U.S.
  • Greenbrier Marine is also constructing a second sister barge which has a scheduled delivery date during the 4th quarter of 2020.
  • Overseas Shipholding Group, Inc. (NYSE:OSG) is a publicly traded company providing energy transportation services for crude oil and petroleum products in the U.S.
  • Greenbrier, headquartered in Lake Oswego, Oregon, is a leading international supplier of equipment and services to global freight transportation markets.

Global Rail Transport Market Report 2020-30: COVID-19 Impact & Recovery - ResearchAndMarkets.com

Tuesday, June 2, 2020 - 9:58am

Rail Transport Global Market Report 2020 provides the strategists, marketers and senior management with the critical information they need to assess the global rail transport market as it emerges from the COVID-19 shut down.

Key Points: 
  • Rail Transport Global Market Report 2020 provides the strategists, marketers and senior management with the critical information they need to assess the global rail transport market as it emerges from the COVID-19 shut down.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies.
  • It compares the rail transport market with other segments of the transport services market by size and growth, historic and forecast.

Mitsubishi Electric to Invest in EKE-Electronics Ltd. in Finland

Tuesday, June 2, 2020 - 3:10am

Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has acquired a 34% share in EKE-Electronics Ltd., a Finnish manufacturer of train information systems.

Key Points: 
  • Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has acquired a 34% share in EKE-Electronics Ltd., a Finnish manufacturer of train information systems.
  • The company aims to strengthen product competitiveness of train control and management system (TCMS) and to establish technology of support system for condition-based maintenance (CBM).
  • This capital alliance will allow Mitsubishi Electric to drive business collaboration with EKE-Electronics in order to enhance its train information systems business in overseas market.
  • Furthermore, by leveraging the two companies sales channels as well as know-how, Mitsubishi Electric aims to grow its train information systems business in overseas market.

Harris Williams Advises Carolina Marine Terminal, Inc. on its Investment from Transportation Infrastructure Partners, a Joint Venture Between Ridgewood Infrastructure and Savage

Monday, June 1, 2020 - 6:46pm

This transaction deepens our firms experience advising companies across the highly attractive transportation infrastructure space, said Jeff Burkett, a director at Harris Williams.

Key Points: 
  • This transaction deepens our firms experience advising companies across the highly attractive transportation infrastructure space, said Jeff Burkett, a director at Harris Williams.
  • We believe Savage and Ridgewood Infrastructure will continue to build upon CMTs legacy of premier quality, efficiency and customer service.
  • Transportation Infrastructure Partners is a joint venture between Ridgewood Infrastructure and Savage, focused on acquiring and operating critical transportation and logistics infrastructure throughout the United States.
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

Wabtec Launches BlueFilter® to Provide Clean Air for Transit Rail Passengers

Monday, June 1, 2020 - 2:09pm

Wabtec Corporation (NYSE: WAB) launched an air-filtration innovation, called BlueFilter, to provide a clean, healthy environment for passengers on metro and trains.

Key Points: 
  • Wabtec Corporation (NYSE: WAB) launched an air-filtration innovation, called BlueFilter, to provide a clean, healthy environment for passengers on metro and trains.
  • The TV-tested filter continuously provides fresh and clean air onboard metro and railcars by removing more than 90 percent of contaminants per air cycle.
  • They are looking for solutions that enhance safety, improve the air quality and reassure their passengers of a clean environment in the railcars.
  • The BlueFilter provides transit operators that confidence by dramatically reducing contaminants in the railcars compared to todays standard filters.

Global Railway Fleet Management Market 2020-2024 | Growing Use of Wireless Technology in Railway Industry to Boost Growth | Technavio

Thursday, May 28, 2020 - 11:30pm

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40743

Key Points: 
  • To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40743
    Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.
  • Our railway fleet management market report covers the following areas:
    This study identifies the growing adoption of cloud computing for streamlining fleet management operations as one of the prime reasons driving the railway fleet management market growth during the next few years.
  • Backed with competitive intelligence and benchmarking, our research reports on the Railway Fleet Management Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

AECOM launches third annual global report, The Future of Infrastructure: Creating Opportunity for Everyone

Wednesday, May 27, 2020 - 8:00pm

AECOM, the worlds premier infrastructure firm, today released its third annual global infrastructure report, The Future of Infrastructure: Creating Opportunity for Everyone .

Key Points: 
  • AECOM, the worlds premier infrastructure firm, today released its third annual global infrastructure report, The Future of Infrastructure: Creating Opportunity for Everyone .
  • The report also captures how to advance the longer-term opportunities for infrastructure investment to strengthen economies and help build more resilient societies.
  • From response and recovery to reimagination, The Future of Infrastructure: Creating Opportunity for Everyone outlines innovative ideas and approaches to deliver a better world through infrastructure.
  • To download The Future of Infrastructure: Creating Opportunity for Everyone, please visit infrastructure.aecom.com.