Rail transport

AECOM-led team selected by Amtrak to support the development of the $1.5 billion Susquehanna River Rail Bridge Project

Retrieved on: 
Tuesday, March 5, 2024

AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that an AECOM-led team has been selected by Amtrak to support the development of the Susquehanna River Rail Bridge Project (SRB).

Key Points: 
  • AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that an AECOM-led team has been selected by Amtrak to support the development of the Susquehanna River Rail Bridge Project (SRB).
  • The project aims to improve rail connectivity and safety along the U.S. Northeast Corridor by replacing the existing 117-year-old two-track bridge located in Maryland with two new bridges that will increase capacity and improve reliability of both freight and passenger trains.
  • “The complexity of the Susquehanna River Rail Bridge Project requires a team that connects global expertise with local perspective and brings together the right disciplines and resources,” said Bane Gaiser, chief executive of AECOM’s U.S. East and Latin America region.
  • The Company will lead a strong technical team of subconsultants, including Disadvantaged Business Enterprise firms (DBEs).

Wabtec Launches the Next-Generation Railcar Mover – the Commander NXT

Retrieved on: 
Tuesday, February 27, 2024

Wabtec (NYSE: WAB) launched today its Shuttlewagon Commander NXT, the next generation of railcar movers.

Key Points: 
  • Wabtec (NYSE: WAB) launched today its Shuttlewagon Commander NXT, the next generation of railcar movers.
  • The NXT series will provide the railcar moving industry improved performance, reliability, and efficiency.
  • “The Commander NXT was designed with the customer in mind and represents the future in railcar mobilization,” said Raj Gupta, President and CEO – Maintenance of Way, Wabtec.
  • Since 1972, Wabtec’s Shuttlewagon railcar mover has served more than 1,000 customers in over 12 industries that include government, agriculture, chemicals, mining, and other industries that are integral to the supply chain.

Hewlett Packard Enterprise Powering TELUS to Deliver Canada’s First 5G Open RAN Network

Retrieved on: 
Monday, February 26, 2024

Hewlett Packard Enterprise (NYSE: HPE) announced it is working with TELUS, which is building Canada’s first 5G open radio access network (Open RAN), by providing infrastructure across 3,000 sites.

Key Points: 
  • Hewlett Packard Enterprise (NYSE: HPE) announced it is working with TELUS, which is building Canada’s first 5G open radio access network (Open RAN), by providing infrastructure across 3,000 sites.
  • Once completed, the new TELUS Open RAN 5G network will provide instantaneously-responsive connectivity enhancing the customer experience with faster connectivity and mobile access.
  • The servers provide Open RAN infrastructure to assist TELUS with the interoperability it needed to build a scalable, best-of-breed 5G network.
  • Providing a DU that frees TELUS from historical reliance on proprietary appliances enables the carrier to smoothly and flexibly integrate with other Open RAN 5G infrastructure components.

Hayden AI and LYT Partner to Deliver Real-time Technology Solutions for Public Transit

Retrieved on: 
Tuesday, February 20, 2024

Two leading AI companies, Hayden AI, a provider of vision AI and spatial analytics technologies, and LYT, a provider of intelligent connected traffic technology solutions, today announced a partnership designed to holistically enhance public transportation.

Key Points: 
  • Two leading AI companies, Hayden AI, a provider of vision AI and spatial analytics technologies, and LYT, a provider of intelligent connected traffic technology solutions, today announced a partnership designed to holistically enhance public transportation.
  • The companies seek to combine the real-time data and location accuracy applications of Hayden AI’s bus-mounted vision AI platform and LYT’s transit signal priority system to create technology solutions that help transit agencies improve road safety, on-time bus performance, and accessibility – several key factors for riders when choosing public transit.
  • “Transit zone enforcement and transit signal priority are two powerful tools to improve transit service for riders.
  • Working with Hayden AI will open up even greater efficiency improvements for our transit agency customers,” said Tim Menard, CEO and Founder of LYT.

ENTRÉE RESOURCES ANNOUNCES FISCAL YEAR 2023 RESULTS and REVIEWS CORPORATE HIGHLIGHTS

Retrieved on: 
Friday, March 8, 2024

VANCOUVER, BC, March 8, 2024 /PRNewswire/ - Entrée Resources Ltd. (TSX: ETG) (OTCQB: ERLFF) – the "Company" or "Entrée") has today filed its annual operational and financial results for the year ended December 31, 2023.

Key Points: 
  • VANCOUVER, BC, March 8, 2024 /PRNewswire/ - Entrée Resources Ltd. (TSX: ETG) (OTCQB: ERLFF) – the "Company" or "Entrée") has today filed its annual operational and financial results for the year ended December 31, 2023.
  • As at December 31, 2023, 86 Lift 1 Panel 0 draw bells had been opened, including 67 draw bells during 2023.
  • Construction of Primary Crusher 2 commenced in December 2023 and is expected to be completed by the end of 2025.
  • Technical studies for Panels 1 and 2 mine design and schedule optimization were completed by OTLLC during the second quarter 2023.

GreenLight Fund Baltimore Hosts "Charming Nights" Event, Celebrating Innovative Programs Working to End Youth Homelessness In Baltimore

Retrieved on: 
Friday, March 8, 2024

"Point Source Youth's Direct Cash Transfer intervention is a welcomed addition in the City of Baltimore," said Ryan Turner, Executive Director, GreenLight Fund Baltimore.

Key Points: 
  • "Point Source Youth's Direct Cash Transfer intervention is a welcomed addition in the City of Baltimore," said Ryan Turner, Executive Director, GreenLight Fund Baltimore.
  • Together with Point Source Youth, GreenLight Baltimore produced a youth-led video documenting the process of co-creating the direct cash transfers program with youth consultants in Baltimore.
  • GreenLight's partner organization, Point Source Youth shared exciting updates coming out of CARE Baltimore, and invited attendees to their 8th Annual National Symposium on Solutions to End Youth Homelessness in Baltimore on June 24-26, 2024.
  • Through CARE Baltimore, Point Source Youth aims to generate evidence for designing successful housing interventions for youth experiencing homelessness.

Baidu Launches China's First 24/7 Robotaxi Service

Retrieved on: 
Friday, March 8, 2024

In Feb 2024, Baidu was approved for robotaxi pilot operation on highways to Beijing Daxing Airport, making Beijing the world's first capital city to launch airport robotaxi service.

Key Points: 
  • In Feb 2024, Baidu was approved for robotaxi pilot operation on highways to Beijing Daxing Airport, making Beijing the world's first capital city to launch airport robotaxi service.
  • In the same month, Baidu also launched fully driverless service across the Yangtze River in Wuhan, demonstrating its technical sophistication in navigating challenging geographic landscapes.
  • Apollo Go is now offering 24/7 autonomous driving service in selected areas of Wuhan, becoming China's first provider to offer such service.
  • On February 23, 2024, Apollo Go unveiled a similar service in Beijing, as Baidu was approved for robotaxi pilot operation on highways to Beijing Daxing Airport.

General Purpose Engines Market Size to Grow USD 10918 Million by 2030 at a CAGR of 2.09% | Valuates Reports

Retrieved on: 
Thursday, March 7, 2024

The Global General Purpose Engines Market was estimated to be worth USD 9216 Million in 2023 and is forecast to a readjusted size of USD 10918 Million by 2030 with a CAGR of 2.09% during the forecast period 2024-2030.

Key Points: 
  • The Global General Purpose Engines Market was estimated to be worth USD 9216 Million in 2023 and is forecast to a readjusted size of USD 10918 Million by 2030 with a CAGR of 2.09% during the forecast period 2024-2030.
  • A number of important reasons are driving the expansion of the market for general-purpose engines.
  • Moreover, the emergence of infrastructure building initiatives, especially in developing nations, increases demand for power equipment and hence propels market expansion.
  • Because of their adaptability and strength, general-purpose engines are essential for driving gear needed for infrastructure development, including generators and construction equipment.

General Purpose Engines Market Size to Grow USD 10918 Million by 2030 at a CAGR of 2.09% | Valuates Reports

Retrieved on: 
Thursday, March 7, 2024

The Global General Purpose Engines Market was estimated to be worth USD 9216 Million in 2023 and is forecast to a readjusted size of USD 10918 Million by 2030 with a CAGR of 2.09% during the forecast period 2024-2030.

Key Points: 
  • The Global General Purpose Engines Market was estimated to be worth USD 9216 Million in 2023 and is forecast to a readjusted size of USD 10918 Million by 2030 with a CAGR of 2.09% during the forecast period 2024-2030.
  • A number of important reasons are driving the expansion of the market for general-purpose engines.
  • Moreover, the emergence of infrastructure building initiatives, especially in developing nations, increases demand for power equipment and hence propels market expansion.
  • Because of their adaptability and strength, general-purpose engines are essential for driving gear needed for infrastructure development, including generators and construction equipment.

RAILPULSE AND NEXXIOT ANNOUNCE AGREEMENT TO ACCELERATE RAILCAR TELEMATICS ADOPTION

Retrieved on: 
Thursday, March 7, 2024

CARY, N.C. and DALLAS, March 7, 2024 /PRNewswire/ -- RailPulse, founded by a dynamic consortium of forward-thinking railcar owners dedicated to transforming the rail sector through accelerating the use of GPS and other telematics technologies, and Nexxiot, a leading provider of railcar telematics solutions, today announced an agreement that will make it easier for railcar owners to access Nexxiot's products and services and join the RailPulse platform.

Key Points: 
  • The agreement, effective as of January 5, 2024, allows RailPulse to act as a non-exclusive reseller of Nexxiot's hardware devices, software, and services to RailPulse customers within North America.
  • The goal is to simplify the process of procuring telemetry solutions for railcar owners who want to be part of the RailPulse community, not to generate profit for RailPulse.
  • Nexxiot has proven to be a valuable and trusted partner, and the agreement further enables them to deliver products and services to the RailPulse customers.
  • "Nexxiot is a leader in railcar telematics and has a proven track record of delivering high-quality products and services to the rail industry.