Rail

USD Partners to Attend 2021 EIC Investor Conference in Las Vegas

Monday, May 17, 2021 - 9:24pm

The Partnership generates substantially all of its operating cash flows from multi-year, take-or-pay contracts with primarily investment grade customers, including major integrated oil companies, refiners and marketers.

Key Points: 
  • The Partnership generates substantially all of its operating cash flows from multi-year, take-or-pay contracts with primarily investment grade customers, including major integrated oil companies, refiners and marketers.
  • The Partnership\xe2\x80\x99s principal assets include a network of crude oil terminals that facilitate the transportation of heavy crude oil from Western Canada to key demand centers across North America.
  • USD solutions create flexible market access for customers in significant growth areas and key demand centers, including Western Canada, the U.S. Gulf Coast and Mexico.
  • Information on websites referenced in this release is not part of this release.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210517005908/en/\n'

Waybridge Raises $30MM to Make Physical Commodities Supply Chains More Efficient and Resilient

Monday, May 17, 2021 - 2:00pm

Waybridge solves fundamental inefficiencies in the supply chain, enabling clients to buy and sell commodities with less friction, have real-time visibility into their inventory, track shipments, and save time and money by turning many offline manual processes into automated digital processes.

Key Points: 
  • Waybridge solves fundamental inefficiencies in the supply chain, enabling clients to buy and sell commodities with less friction, have real-time visibility into their inventory, track shipments, and save time and money by turning many offline manual processes into automated digital processes.
  • \xe2\x80\x9cOur platform gives customers visibility into every aspect of the supply chain, answering questions such as where their shipments are, how much inventory they have on hand every day, and much more.
  • We help companies optimize operations and prepare for the unexpected.\xe2\x80\x9d\nDisruptions from events like the Suez Canal traffic jam, COVID-19, and the ongoing impact of global climate change have accelerated the need for digital transformation in the physical commodities supply chain.
  • Companies use Waybridge to buy, sell, transport and finance without the friction.

Wabtec’s All-Battery Locomotive, FLXdrive, Lowers Freight Train’s Fuel Consumption by More Than 11 Percent in California Pilot

Monday, May 17, 2021 - 12:00pm

\xe2\x80\x9cIt builds upon the rail industry\xe2\x80\x99s position as the most efficient and sustainable mode of transportation.

Key Points: 
  • \xe2\x80\x9cIt builds upon the rail industry\xe2\x80\x99s position as the most efficient and sustainable mode of transportation.
  • The battery locomotive charged at the rail yard and recharged during the trip through regenerative braking.
  • Wabtec is focused on performance that drives progress, creating transportation solutions that move and improve the world.
  • The freight portfolio features a comprehensive line of locomotives, software applications and a broad selection of mission-critical controls systems, including Positive Train Control (PTC).

Verint Announces Participation in Upcoming Investor Conferences

Friday, May 14, 2021 - 1:30pm

b'Verint\xc2\xae (Nasdaq: VRNT), The Customer Engagement Company\xe2\x84\xa2, today announced that its management team will participate in virtual investor meetings at the following conferences in May.\nMay 25th: JP Morgan\xe2\x80\x99s 49th Annual Global Technology, Media and Communications Conference\nIf you are interested in a meeting please contact your broker\xe2\x80\x99s sales representative.\nVerint\xc2\xae (Nasdaq: VRNT) helps the world\xe2\x80\x99s most iconic brands \xe2\x80\x93 including over 85 of the Fortune 100 companies \xe2\x80\x93 build enduring customer relationships by connecting work, data, and experiences across the enterprise.

Key Points: 
  • b'Verint\xc2\xae (Nasdaq: VRNT), The Customer Engagement Company\xe2\x84\xa2, today announced that its management team will participate in virtual investor meetings at the following conferences in May.\nMay 25th: JP Morgan\xe2\x80\x99s 49th Annual Global Technology, Media and Communications Conference\nIf you are interested in a meeting please contact your broker\xe2\x80\x99s sales representative.\nVerint\xc2\xae (Nasdaq: VRNT) helps the world\xe2\x80\x99s most iconic brands \xe2\x80\x93 including over 85 of the Fortune 100 companies \xe2\x80\x93 build enduring customer relationships by connecting work, data, and experiences across the enterprise.
  • The Verint Customer Engagement portfolio draws on the latest advancements in AI and analytics, an open cloud architecture, and The Science of Customer Engagement\xe2\x84\xa2 to help customers close the Engagement Capacity Gap\xe2\x84\xa2.\nVERINT, THE CUSTOMER ENGAGEMENT COMPANY, BOUNDLESS CUSTOMER ENGAGEMENT, THE ENGAGEMENT CAPACITY GAP and THE SCIENCE OF CUSTOMER ENGAGEMENT are trademarks of Verint Systems Inc. or its subsidiaries.
  • Verint and other parties may also have trademark rights in other terms used herein.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210514005107/en/\n'

Kansas City Southern Receives Revised Proposal from Canadian National Railway That Board of Directors Determines is a "Company Superior Proposal"

Thursday, May 13, 2021 - 11:22pm

b"Kansas City Southern (NYSE: KSU) (\xe2\x80\x9cKCS\xe2\x80\x9d) today announced receipt of a revised acquisition proposal from Canadian National Railway Company (TSX: CNR, NYSE: CNI) (\xe2\x80\x9cCN\xe2\x80\x9d).

Key Points: 
  • b"Kansas City Southern (NYSE: KSU) (\xe2\x80\x9cKCS\xe2\x80\x9d) today announced receipt of a revised acquisition proposal from Canadian National Railway Company (TSX: CNR, NYSE: CNI) (\xe2\x80\x9cCN\xe2\x80\x9d).
  • Under the terms of CN\xe2\x80\x99s revised proposal, each share of KCS common stock would be exchanged for $200 in cash and 1.129 shares of CN common stock.
  • The proposal is binding on CN and may be accepted by KCS at any time prior to 5:00 pm EDT on Friday, May 21, 2021.
  • Wachtell, Lipton, Rosen & Katz, Baker & Miller PLLC, Davies Ward Phillips & Vineberg LLP, WilmerHale, and White & Case, S.C. are serving as legal counsel to Kansas City Southern.\nHeadquartered in Kansas City, Mo., Kansas City Southern (KCS) (NYSE: KSU) is a transportation holding company that has railroad investments in the U.S., Mexico and Panama.

Houston Needs More Than a Week for Infrastructure

Thursday, May 13, 2021 - 9:53pm

b'Each May, we celebrate National Infrastructure Week to advocate for better roads, bridges, rail, waterways, water supply, flood control, aviation, and of course, our Port.

Key Points: 
  • b'Each May, we celebrate National Infrastructure Week to advocate for better roads, bridges, rail, waterways, water supply, flood control, aviation, and of course, our Port.
  • Infrastructure needs more than a week of focus, however.
  • Partnering with the Army Corps of Engineers, a new path is being struck for widening and deepening the Houston Ship Channel.
  • And while we make investments in the local share of the ship channel, we are fortunate to receive INFRA and Port Infrastructure grants to augment the cash needs.

Savage Enhances Rail Yard Safety with PS Technology's Innovative 3D Simulation Training

Thursday, May 13, 2021 - 8:05am

b'PS Technology (PST) is pleased to announce that global transportation and logistics provider Savage will use 3D simulation training designed by PST specifically for Savage rail yard and industrial switching operations.

Key Points: 
  • b'PS Technology (PST) is pleased to announce that global transportation and logistics provider Savage will use 3D simulation training designed by PST specifically for Savage rail yard and industrial switching operations.
  • View the full release here: https://www.businesswire.com/news/home/20210513005069/en/\nSavage is extending their investment in 3D locomotive operator training simulation to include customized switchyard scenarios to practice procedures and communications.
  • This training ensures consistent training between employees including record keeping of the training.
  • Savage is investing to be on the leading edge of training and safety in the rail industry.

Ingram Micro Commerce & Lifecycle Services’ Customer-First Focus Leads to 2021 Top Fulfillment Provider Ranking in the Netherlands by Emerce

Thursday, May 13, 2021 - 5:00am

b'Ingram Micro Commerce & Lifecycle Services, a leading provider of global supply chain solutions, e-commerce logistics and IT asset disposition services, announced it has again been recognized as a top provider of fulfillment warehousing by Emerce, a Netherlands-based media platform for e-business decision makers.

Key Points: 
  • b'Ingram Micro Commerce & Lifecycle Services, a leading provider of global supply chain solutions, e-commerce logistics and IT asset disposition services, announced it has again been recognized as a top provider of fulfillment warehousing by Emerce, a Netherlands-based media platform for e-business decision makers.
  • This marks the second consecutive year Ingram Micro has been included on the Emerce100, a list of the best companies in e-business.\nThe 2021 Emerce100 list was determined by the results of surveys and an analysis of 998 companies conducted by Dutch market researcher Motivaction International.
  • Ingram Micro Commerce & Lifecycle Services is one of ten third-party logistics providers recognized in the fulfillment warehousing category.\n"We are proud to be listed among the top fulfillment warehousing providers in the Netherlands once again,\xe2\x80\x9d said Jack Heijkans, vice president of commerce, Ingram Micro Commerce & Lifecycle Services.
  • View the complete Emerce100 list here .\nIngram Micro Commerce & Lifecycle Services provides supply chain solutions that connect supply and demand.

Kansas City Southern Names Timothy Livingston Vice President Transportation

Wednesday, May 12, 2021 - 11:15pm

b"Kansas City Southern (KCS) (NYSE: KSU) announced today that it has promoted Timothy Livingston from general manager network operations to vice president transportation for the company\xe2\x80\x99s operations in the U.S. and Mexico.\n\xe2\x80\x9cThroughout the evolution of KCS\xe2\x80\x99 implementation of Precision Scheduled Railroading, Tim has consistently demonstrated tremendous leadership,\xe2\x80\x9d said KCS executive vice president-operations John Orr.

Key Points: 
  • b"Kansas City Southern (KCS) (NYSE: KSU) announced today that it has promoted Timothy Livingston from general manager network operations to vice president transportation for the company\xe2\x80\x99s operations in the U.S. and Mexico.\n\xe2\x80\x9cThroughout the evolution of KCS\xe2\x80\x99 implementation of Precision Scheduled Railroading, Tim has consistently demonstrated tremendous leadership,\xe2\x80\x9d said KCS executive vice president-operations John Orr.
  • \xe2\x80\x9cHe has a keen understanding of the value of a speak-up culture and operational balance, and how these elements lead to growth.\xe2\x80\x9d\nMr.
  • Livingston joined KCS as a conductor in 2004 and has held a variety of transportation management positions in Arkansas, Louisiana, Texas, Oklahoma and Missouri, before being promoted to general manager network operations.
  • Mr. Livingston holds a bachelor of business administration from Baker University.\nHeadquartered in Kansas City, Mo., KCS is a transportation holding company that has railroad investments in the U.S., Mexico and Panama.

“The Methanol Pathway to Hydrogen” Webinar

Wednesday, May 12, 2021 - 7:49pm

b'Element 1 Corp., (e1), a leading developer of hydrogen generation technology supporting clean fuel cell power technology, and the Methanol Institute (MI) are jointly organizing a webinar entitled \xe2\x80\x9cThe Methanol Pathway to Hydrogen\xe2\x80\x9d to be held on May 26, 2021, 8.00 a.m. (PDT).

Key Points: 
  • b'Element 1 Corp., (e1), a leading developer of hydrogen generation technology supporting clean fuel cell power technology, and the Methanol Institute (MI) are jointly organizing a webinar entitled \xe2\x80\x9cThe Methanol Pathway to Hydrogen\xe2\x80\x9d to be held on May 26, 2021, 8.00 a.m. (PDT).
  • The webinar will feature presenters who will discuss methanol\xe2\x80\x99s role as a superior hydrogen carrier supporting the global transition towards cleaner fuels.
  • The lack of efficient storage and transport methods is one of the most significant obstacles to overcome before hydrogen can be widely adopted as an energy product.\nGenerators that produce hydrogen from methanol can deliver on-demand hydrogen at the point of use, eliminating the need to transport compressed hydrogen gas.
  • In addition, this process can be carbon-neutral, and in some cases carbon-negative, when methanol is produced from renewable feedstocks such as captured carbon dioxide or municipal solid waste.\nFor more information about how methanol offers a pathway to hydrogen utilization, register for the webinar here .\nThe Methanol Institute (MI) serves as the global trade association for the methanol industry, representing the world\xe2\x80\x99s leading producers, distributors, and technology companies.