Rail

PMT Group adds 30,000 sq ft for Magnetic Material and Lightweight Metal Production

Retrieved on: 
Monday, August 15, 2022 - 4:00pm

PMT Group and subsidiaries are adding 30,000 sq ft of additional space to expand of its specialty metals production and fabrication facilities.

Key Points: 
  • PMT Group and subsidiaries are adding 30,000 sq ft of additional space to expand of its specialty metals production and fabrication facilities.
  • This 30,00 sq ft includes an expansion of Terves dissolvable magnesium extrusion facility, and 24,000 sq ft of new construction to house the expanded magnetic materials and lightweight sheet and foil production .
  • The 24,000 sq ft expansion will significantly accelerate the commercialization of Made-in-USA rare-earth free magnets.
  • PMT Group is a nationally recognized nanotechnology, advanced materials and electrification technology incubator that has led the creation of 8 spinout companies, including two exits.

J.B. Hunt, University of Arkansas Collaboration Focuses on Future of Supply Chain

Retrieved on: 
Thursday, August 11, 2022 - 9:15pm

J.B. Hunt Transport Services Inc., one of the largest supply chain solutions providers in North America, and the University of Arkansas announced the Sam M. Walton College of Business program for studying supply chain, ranked number one by Gartner, has officially been renamed the J.B. Hunt Transport Department of Supply Chain Management.

Key Points: 
  • J.B. Hunt Transport Services Inc., one of the largest supply chain solutions providers in North America, and the University of Arkansas announced the Sam M. Walton College of Business program for studying supply chain, ranked number one by Gartner, has officially been renamed the J.B. Hunt Transport Department of Supply Chain Management.
  • (Photo: Business Wire)
    "J.B. Hunt and the University of Arkansas are shaping the future of supply chain, not just in Northwest Arkansas, but across the country," said Shelley Simpson, president of J.B. Hunt.
  • "Together, we are preparing future leaders who will grow with the industry to meet evolving supply chain challenges.
  • J.B. Hunt and Walton College have worked closely together since the department was established, beginning with the J.B. Hunt Supply Chain University in 2014.

United Kingdom AI in Transportation Market Research Report 2022: Focus on Computer Vision, Context Awareness, Deep Learning, Natural Language Processing - Forecast to 2027 - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 11, 2022 - 4:19pm

United Kingdom AI in transportation market is forecast to grow at brisk rate through 2027 on account of increasing road accidents and increasing awareness pertaining to safe driving.

Key Points: 
  • United Kingdom AI in transportation market is forecast to grow at brisk rate through 2027 on account of increasing road accidents and increasing awareness pertaining to safe driving.
  • The United Kingdom AI in transportation market is segmented by machine learning technology, process, application, offering, competitional landscape, and regional distribution.
  • To estimate and forecast the market size of United Kingdom AI in transportation market from 2022E to 2027F and growth rate until 2027F.
  • Company Profiles: Detailed analysis of the major companies present in United Kingdom AI in transportation market.

New York State Department of Motor Vehicles Awards a Contract for Iteris’ Commercial Vehicle Operations SaaS Solution to Improve Safety and Mobility Statewide

Retrieved on: 
Thursday, August 11, 2022 - 1:30pm

Iteris, Inc. (NASDAQ: ITI), the worlds trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a new contract by the New York State Department of Motor Vehicles (NYS DMV) for Iteris CVIEWplus software-as-a-service (SaaS) solution.

Key Points: 
  • Iteris, Inc. (NASDAQ: ITI), the worlds trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a new contract by the New York State Department of Motor Vehicles (NYS DMV) for Iteris CVIEWplus software-as-a-service (SaaS) solution.
  • View the full release here: https://www.businesswire.com/news/home/20220811005067/en/
    New York State Department of Motor Vehicles Awards a Contract for Iteris Commercial Vehicle Operations SaaS Solution to Improve Safety and Mobility Statewide (Photo: Business Wire)
    Under the terms of the five-year contract, Iteris will provide the cloud-hosted CVIEWplus solution, including oversize/overweight permit system integration to the NYS DMV.
  • Iteris SaaS solution supports the states goals of maintaining compliance with the Federal Motor Carrier Safety Administrations (FMCSA) Innovative Technology Deployment (ITD) program, improving goods movement, and enhancing safety for truck drivers and roadside inspectors.
  • Iteris suite of CVO SaaS solutions is a key component of its ClearMobility Platform the worlds most complete solution to continuously monitor, visualize and optimize mobility infrastructure.

Cubic General Manager Named to City & State New York’s Transportation Power 100

Retrieved on: 
Wednesday, August 10, 2022 - 2:00pm

Cubic Corporation announced Christian Henry, senior vice president and general manager, North America Eastern Region, Cubic Transportation Systems, has been named to the 2022 Transportation Power 100 list by City & State New York.

Key Points: 
  • Cubic Corporation announced Christian Henry, senior vice president and general manager, North America Eastern Region, Cubic Transportation Systems, has been named to the 2022 Transportation Power 100 list by City & State New York.
  • City & States Transportation Power 100 identifies influential figures such as Henry, who play a key role in updating and expanding New Yorks transportation infrastructure.
  • OMNY was fully deployed in 2021 and is available on every New York City bus and all 472 subway stations.
  • Its a great honor to be named to the 2022 Transportation Power 100 alongside other respectable figures as we work on improving transportation post-pandemic, Henry said.

Insights on the Railway Traction Motor Global Market to 2027 - Rising Installation of High-capacity Lithium-ion Batteries in Rolling Stock Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 10, 2022 - 10:29am

In line with this, the rising installation of high-capacity lithium-ion batteries in rolling stock and using them in traction power is offering lucrative growth opportunities to industry investors and key market players.

Key Points: 
  • In line with this, the rising installation of high-capacity lithium-ion batteries in rolling stock and using them in traction power is offering lucrative growth opportunities to industry investors and key market players.
  • Key Questions Answered in This Report:
    How has the global railway traction motor market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global railway traction motor market?
  • What is the structure of the global railway traction motor market and who are the key players?

Pioneer Partners’ Mojave Inland Port Will Alleviate Supply Chain Issues, Create New Jobs, and Boost Local and State Economies

Retrieved on: 
Wednesday, August 10, 2022 - 12:00am

The Mojave Inland Port will be a critical relief valve, absorbing a significant portion of this increased traffic and processing it in a more efficient, environmentally friendly, and less disruptive way.

Key Points: 
  • The Mojave Inland Port will be a critical relief valve, absorbing a significant portion of this increased traffic and processing it in a more efficient, environmentally friendly, and less disruptive way.
  • It is estimated that the Mojave Inland Port will have the capacity to handle approximately 3 million containers per year.
  • We appreciate the work that Pioneers Mojave Inland Port proposal has done to help find new solutions to address our supply chain challenges.
  • The Mojave Inland Port will break ground in 2023 and will be fully operational in 2024.

Wabtec Opens First European Transit Performance Optimization Center in Derby, UK

Retrieved on: 
Tuesday, August 9, 2022 - 12:00pm

Wabtec Corporation (NYSE: WAB) celebrated the grand opening of its first Transit Performance Optimization Center (TPOC) for Europe.

Key Points: 
  • Wabtec Corporation (NYSE: WAB) celebrated the grand opening of its first Transit Performance Optimization Center (TPOC) for Europe.
  • The new center, located in Derby UK, was created to help transit sector customers improve operational performance and reduce service costs and lost productivity through real-time monitoring and analytics.
  • The TPOC is a major step in Wabtecs expansion and growth into transit asset analytics and condition monitoring.
  • Across Wabtecs global optimization centers, technicians monitor roughly 10 million pieces of data per day on the health status and performance of transit systems globally.

Trane Technologies Appoints Dwayne Cowan as President of Thermo King EMEA and Global Marine, Rail and Air Business

Retrieved on: 
Tuesday, August 9, 2022 - 11:30am

Trane Technologies (NYSE: TT), a global climate innovator, today announced that Dwayne Cowan has been appointed as president of Thermo King Europe, Middle East, and Africa (EMEA) and Global Marine, Air and Rail, effective August 1.

Key Points: 
  • Trane Technologies (NYSE: TT), a global climate innovator, today announced that Dwayne Cowan has been appointed as president of Thermo King Europe, Middle East, and Africa (EMEA) and Global Marine, Air and Rail, effective August 1.
  • View the full release here: https://www.businesswire.com/news/home/20220809005024/en/
    Dwayne Cowan, president, Thermo King Europe, Middle East, and Africa (EMEA) and Global Marine, Air and Rail (Photo: Business Wire)
    Dwayne is an outstanding leader with extensive experience in our Thermo King business, who has a reputation for delivering business growth while keeping customers front and center and creating an uplifting and inclusive culture for his team, said Regnery.
  • Dwayne most recently served as vice president of sales and service for Thermo King Americas.
  • Thermo King by Trane Technologies (NYSE: TT), a global climate innovator is a worldwide leader in sustainable transport temperature control solutions.

Trinity Industries, Inc. Announces Third Quarter 2022 Investor Conference Schedule

Retrieved on: 
Monday, August 8, 2022 - 10:51pm

Leigh Anne Mann VP, Investor Relations

Key Points: 
  • Leigh Anne Mann VP, Investor Relations
    Trinity Industries, Inc., headquartered in Dallas, Texas, owns businesses that are leading providers of rail transportation products and services in North America.
  • Our businesses market their railcar products and services under the trade name TrinityRail.
  • The TrinityRail integrated platform provides railcar leasing and management services, as well as railcar manufacturing, maintenance and modifications.
  • Trinity reports its financial results in two principal business segments: the Railcar Leasing and Management Services Group and the Rail Products Group.