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New Honeywell Turbogenerator Will Run on Biofuel and Power Hybrid Electric Aircraft

WIL BALDWIN March 8, 2021

PHOENIX, March 8, 2021 /PRNewswire/ -- Honeywell (NYSE: HON) announced it is developing a power source for hybrid-electric aircraft, planned for demonstration later this year. At 280 pounds, the Honeywell 1-Megawatt generator weighs about the same as a…

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Shell Selects H160 for Operation by PHI in Gulf of Mexico

WIL BALDWIN February 19, 2021

Marignane, France, 15, February, 2021 – International energy group Shell has selected leading US offshore helicopter operator PHI to operate four Airbus H160's to service a support contract in the Gulf of Mexico. The contract marks the…

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Tesla to set up electric car manufacturing unit in southern India

WIL BALDWIN February 13, 2021

From Reuters News by By Bhargav Acharya and Aakriti Bhalla... BENGALURU, India, February 14 (Reuters) - Billionaire Elon Musk's Tesla, Inc. (Nasdaq: TSLA) will set up an electric-car manufacturing unit in the southern Indian state…

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CSX Corporation Announces Increase to Quarterly Dividend

WIL BALDWIN February 12, 2021

JACKSONVILLE, Fla. – CSX Corp. (NASDAQ: CSX) today announced that the Company’s Board of Directors has authorized an 8 percent increase in its quarterly dividend, from $0.26 to $0.28 per share. The new $0.28 quarterly…

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Talgo Begins Rail Test for Very High-Speed Avril Train

WIL BALDWIN February 6, 2021

The first unit of the very high-speed train Talgo Avril began its first rail tests this week, a decisive step in the technical homologation, prior to its commercial circulation by Spanish operator Renfe. This is…

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Hitachi Rail Successfully Tests First Battery-Powered Tram

WIL BALDWIN February 2, 2021

Battery-powered tram offers major benefits of requiring no overhead wires or other electrified infrastructure – saving on costs and visual impact On-board batteries allow energy to be additionally recovered during breaking Trial in Florence aims to allow mobility firm to…

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Kansas City Southern and NorthPoint to Develop 220-Acre Wylie Logistics Park in Texas

WIL BALDWIN January 21, 2021

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Kansas City Southern (NYSE: KSU) announced today that it has entered into a joint agreement with NorthPoint Development to develop the master planned Wylie Logistics Park in Wylie, Texas, located adjacent to…

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First Order Placed With Solaris to Supply 530 Electric Buses to Hamburg

WIL BALDWIN December 31, 2020

Hamburger Hochbahn, one of the largest public transport operators in Germany, issued a tender this year for the supply of 530 twelve and eighteen metre-long (articulated) electric buses. In August, three candidate manufacturers were selected,…

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Union Pacific Names Craig Richardson Executive Vice President, Chief Legal Officer, and Corporate Secretary

WIL BALDWIN December 8, 2020

Union Pacific today named Craig Richardson executive vice president, chief legal officer and corporate secretary. Richardson is responsible for overseeing all aspects of the company’s legal affairs, including commercial transactions and litigation, regulatory matters, labor…

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Embraer & EDP Announce Joint Effort in Electric Aircraft Research

WIL BALDWIN November 22, 2020

Embraer and EDP, a company that operates in all segments of the Brazilian energy sector, have signed a partnership for electric aircraft research. Through its EDP Smart division, the Portuguese-based multinational announced a financial contribution…