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Union Pacific Reports Positive Train Control Progress

Union Pacific 4014 “Big Boy” steam locomotive visits Tucson, Arizona on October 18,2019

Union Pacific implemented Positive Train Control (PTC) on 1,113 route miles in the third quarter of 2019, bringing required PTC-operated route miles to 15,791 or 93 percent, including all required passenger train routes. Nearly all Union Pacific trains operating on PTC-mandated rail lines are operating with PTC locomotives. The company expects to have implemented PTC on all required lines by end of 2019, a year before the Congressional deadline. Its interoperability efforts with other railroads will continue through 2020.

Union Pacific currently hosts 31 freight and passenger railroads, which must achieve PTC interoperability by December 2020. Eleven of these railroads are already compliant, encompassing 85% of Union Pacific’s interoperable PTC train miles. While Union Pacific’s infrastructure is PTC-ready, it is working to be PTC-interoperable with the remaining partner railroads. The company’s expectation is that they will take necessary steps to reach interoperability on our network by mid-2020.

One of the most challenging parts of PTC implementation is ensuring system interoperability among all U.S. rail lines and locomotives. Given the various readiness levels of North American freight and passenger railroads, including publicly funded commuter lines and short lines, it is important that all railroads continue working together to maintain the health, safety, resiliency, and fluidity of the rail network during PTC implementation.

Union Pacific completed PTC installation on required route miles and employee training. PTC education is ongoing as Union Pacific retrains employees and introduces the system to new employees. Training materials are tailored to a variety of employee roles, including engineer, conductor, dispatcher, maintenance of way/engineering, mechanical, signal, telecom and information technologies.

With the FRA’s conditional approval of Union Pacific’s PTC safety plan on April 26, 2017, Union Pacific is running PTC operations on more than 15,000 miles in Arizona, Arkansas, California, Colorado, Idaho, Illinois, Iowa, Kansas, Louisiana, Minnesota, Missouri, Nebraska, Nevada, New Mexico, Oklahoma, Oregon, Tennessee, Texas, Utah, Washington, Wisconsin and Wyoming. Union Pacific and freight and passenger railroads continue working together to safely implement PTC on the remaining 1,271 required route miles.

Bane NOR and Siemens Mobility Celebrate Milestone in Digitalization of Norway’s Rail Network

  • Campus Nyland test, training and signaling simulation center opens
  • European Rail Traffic Management System (ERTMS) latest in intelligent infrastructure
  • Nordlandsbanen will open first digital signaling railway in October 2022

Bane NOR and Siemens Mobility celebrated the opening of Campus Nyland, a test, training and signaling simulation center which will help the rail network operator prepare for the digitalization of the entire system. Norway has committed to becoming the first country to operate with a single digital interlocking and ERTMS signifies one of the country’s largest digitalization projects. In 2022, the first digital line, Nordlandsbanen, will open. In advance, the Campus Nyland center will prepare workers for working within the digital system, ERTMS. The intelligent infrastructure behind ERTMS will reduce operating costs and increase capacity throughout the network. In addition, it will enhance safety, with real-time visibility of trains across the network. When complete in 2034, the system will include 4,200 km of track and more than 350 stations.

“Siemens Mobility is the main supplier to the Norwegian ERTMS program with their infrastructure, including interlockings and radio block centres (RBC). The Siemens Mobility solution is leading edge based upon an IP based architecture. With a strong technical roadmap and a proven ability to deliver, Siemens Mobility is the ideal partner for Bane NOR in this challenging program. We are thrilled to work together with Siemens Mobility to develop the digital rail,” said Sverre Kjenne, Executive Vice President Digitalisation and Technology, Bane NOR.

“Norway is on track to become the first country to operate in the “one country, one interlocking” architecture making it at the forefront of digitalization. Our intelligent infrastructure will ensure that the system operates efficiently. The digital interlocking, with IP controlled field components, and ERTMS are the backbone to greatly improving operations and maintenance. This architecture also opens the door for future developments such as implementing driverless technologies, moving the interlocking to the cloud, which would make proprietary hardware and spare parts a relic of the past, and would make data instantaneously available to transportation operators,” stated Michael Peter, Siemens Mobility CEO. “Campus Nyland is an important milestone in turning this vision into reality.”

Campus Nyland will be an industry center for digital education and will house more than 5,000 employees, who will learn the necessary digital skills needed to ensure ERTMS is successful when it goes operational. These will include individuals from Bane NOR, train companies, maintenance companies and contractors. Bane NOR will facilitate simulator training as well as physical training facilities. New technology, such as virtual reality, will be used to communicate how the tracks are built with ERTMS, as well as the design of trains and traffic control centers. More than 150 different scenarios are available for training within the highly digital training hub.

In the spring of 2020, the Roa – Hønefoss ERTMS test line opens. The new signaling technology will be monitored and tested from Campus Nyland.

The next important milestone in turning ERTMS into a reality will be the digitalization of the first Norwegian rail line. In October 2022, Nordlandsbanen, which operates from Grong to Bodø, and represents about 12 percent of the Norwegian railway will go operational.

Canadian Pacific Railway Reports 33% Rise in Profit

FILE PHOTO: The Canadian Pacific railyard is pictured in Port Coquitlam.

Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced record second-quarter revenues of $1.98 billion, an increase of 13 percent from last year, and record earnings per share (EPS) with reported diluted EPS of $5.17 or $4.30 on an adjusted diluted EPS basis.

“I commend the team for this record second-quarter performance,” said CP President and Chief Executive Officer Keith Creel. “These results demonstrate the strength of precision scheduled railroading and are a testament to our collective commitment to deliver for our customers and the broader economy.”

SECOND-QUARTER HIGHLIGHTS

  • Revenues increased by 13 percent to $1.98 billion from $1.75 billion last year
  • Reported diluted EPS of $5.17, a 70 percent increase from $3.04 last year, and adjusted diluted EPS of $4.30, a 36 percent increase from $3.16 last year
  • Operating ratio was a second-quarter record 58.4 percent, a 580 basis point improvement over last year’s second-quarter operating ratio of 64.2 percent

“This quarter, we saw revenue growth across every line of business, strong operating metrics, and our best-ever second-quarter performance from a workload perspective, as measured by Gross Ton-Miles,” said Creel. “As has been proven time and again, our operating model can perform well in all economic conditions and we will remain disciplined in controlling our costs and doing what we said we would do. Our strategy for sustainable, profitable growth is working and we look forward to a strong finish to 2019.”

CP will discuss its results with the financial community in a conference call beginning at 9:30 a.m. eastern time (7:30 a.m. mountain time) today.

Conference Call Access

Toronto participants dial in number: 1-647-427-7450

Operator assisted toll-free dial-in number: 1-888-231-8191

Callers should dial in 10 minutes prior to the call.

Webcast

We encourage you to access the webcast and presentation material in the Investors section of CP’s website at investor.cpr.ca
A replay of the second-quarter conference call will be available by phone through to July 30, 2019 at 416-849-0833 or toll-free 1-855-859-2056, password 8144989.

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