| Daily news coverage of the railroad industry |  |
| Industry Update |  |  |
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- $97M NS intermodal facility in Pa. officially dedicated
A $97 million Norfolk Southern intermodal facility in Greencastle, Pa., part of the Class I's Crescent Corridor project, was officially dedicated on Tuesday. CEO Wick Moorman and Rep. Bill Shuster R-Pa., along with other dignitaries, were on hand. "It is positioning Norfolk Southern as the green transportation choice and serving the region's freight transportation needs," said Moorman. ProgressiveRailroading.com
(6/12)     
- UP's Tennison strives to pursue innovative IT developments
Union Pacific has been a leader in information technology initiatives "in many ways, and had been a technology leader, but that had sort of stagnated," said Lynden Tennison, UP senior vice president and chief information officer. "We weren't aggressively pursuing the edge any longer. We've changed that." This article provides details about how the Class I improved its IT operations -- such as its involvement in the Asset Health Strategic Initiative under the guidance of AAR's Safety and Operations Management Committee. Progressive Railroading
(6/2013)
| Infrastructure & Economic Spotlight | | |
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| Energy & Environmental Watch | | |
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- Shale plays boost rail-leasing sector
The rail-leasing industry in North America is enjoying a strong year, in large part because crude oil from fracked wells in the West and Midwest is being transported by rail. Coal consumption is holding steady and reportedly rising in some areas, which bodes well for rail transport. This article covers these trends and more that are found in the Guide to Equipment Leasing. RailwayAge.com
(6/11)
| Safety & Security | | |
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- Rail-trade groups voice concerns on deadline for PTC implementation
The Association of American Railroads is one of several industry groups that voiced concerns over "barriers" -- including interoperability negotiations with Class I's -- to the implementation of positive train control before the end of 2015, writes Julie Sneider. Members of the passenger-rail sector are also skeptical about the feasibility of meeting the deadline, said Rob Healy, vice president of government affairs at the American Public Transportation Association. "Basically, we need more time, we'd like some money and we'd like some help with the spectrum," Healy said. Progressive Railroading
(6/2013)
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