Tag: railroad (Page 4 of 16)

CSX and SMART-TD Partner to Deliver Enhanced Conductor Training

July 31, 2023 / WIL BALDWIN

Jacksonville, Florida, July 31, 2023 – CSX (NASDAQ: CSX) and the International Association of Sheet Metal, Air, Rail and Transportation Workers — Transportation Division (SMART-TD) announced they are partnering to extend CSX’s conductor training program to five weeks from the previous four-week regimen to provide new hires with additional hands-on experience prior to beginning on-the-job training (OJT).

The extra week of training at the CSX Training Center in Atlanta will focus on performing tasks in a field setting to increase trainees’ exposure to railcar switching scenarios, radio communication, securement of equipment, brake tests and other fundamentals of the conductor’s role. Hands-on application of these skills begins in the third week of training, and the additional week will reinforce trainees’ comfort level by providing multiple opportunities to perform the tasks while operating on first and second shifts.

CSX developed the extended training program in consultation with the SMART-TD, which represents its train crew employees. After completing their five weeks at the Atlanta Training Center, new conductors begin up to five months of OJT at their hiring location, where they learn the physical characteristics and job assignments of their designated territory.

Alstom and RAILPOOL sign a contract for 50 Traxx Universal locomotives

July 24, 2023 / WIL BALDWIN

July 24, 2023 – Alstom (OTC: ALSMY), global leader in smart and sustainable mobility, and RAILPOOL, one of Europe’s leading rail vehicle leasing companies, have signed a contract for 50 Traxx Universal multi-purpose locomotives. The contract is valued at up to 260 million euro.

The Traxx Universal multi-purpose locomotives can be operated for freight and passenger corridor services. Characterised by both high reliability and flexibility in combination with an optimised power consumption, the locomotives are a proven solution for efficient cross-border operations. Extended maintenance intervals allow for less interventions to ease operational planning, reduce costs and increase availability. The locomotives will cover operations in eight countries, namely Germany, Austria, Switzerland, France, Italy, Belgium, Luxemburg and Poland.

The engineering of the locomotives will be done at the Alstom site in Mannheim, Germany, while final assembly is planned to take place in Kassel, Germany. Other sites involved are Wroclaw, Poland (carbody shell production), Siegen, Germany (bogies production), and Zurich, Switzerland (project management).

Eve Air Mobility and Embraer Announce First eVTOL Production Location in Brazil

July 20, 2023 / WIL BALDWIN

Sao Jose Dos Campos, Brazil – July 20, 2023 – Eve Air Mobility (NYSE: EVEX) and Embraer (NYSE: ERJ) announced today that the first electric vertical take-off and landing aircraft (eVTOL) production facility will be located in the city of Taubaté, in the state of São Paulo, Brazil. Subject to the final authorities’ approval, the manufacturing plant will be situated on a designated portion of land within Embraer’s existing unit in the city that will be expanded.

The site benefits from a strategic logistical location, offering easy access via two highways and close proximity to a railroad. Another significant advantage is the region’s proximity to Embraer’s headquarters in São José dos Campos and Eve’s engineering and human resources team, which will facilitate the development and sustainability of new production processes, enhancing Eve’s agility and competitiveness.

In May 2022, Eve announced a partnership with Porsche Consulting to define Eve’s eVTOL global manufacturing, supply chain and logistics macro strategy. The two companies have since worked together to research advanced manufacturing and innovation concepts and used their combined aeronautical and automotive expertise to design a concept of industrialization for eVTOL aircraft based on high safety, quality, efficiency and customer focus.

Eve continues to progress in developing its eVTOL. The company also focuses on creating a comprehensive portfolio of agnostic solutions, including a unique Urban Air Traffic Management (Urban ATM) software to optimize and scale Urban Air Mobility operations worldwide.

CSX Corporation Declares Quarterly Dividend

July 13, 2023 / WIL BALDWIN

Jacksonville, Florida – July 12, 2023 – CSX Corporation (NASDAQ: CSX) announced that the Company’s Board of Directors approved a $0.11 per share quarterly dividend on the Company’s common stock. The dividend is payable on September 15, 2023, to shareholders of record at the close of business on August 31, 2023.

About CSX and its Disclosures

CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 200 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides. It also links more than 230 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike. More information about CSX Corporation and its subsidiaries is available at www.csx.com.

Court Rules in Favor of SBB for 286 Regional Service Units

May 25, 2022 / WIL BALDWIN

In October of 2021, Stadler was awarded the contract for 286 single-deck multiple units. The Federal Administrative Court confirms the award of the contract to Stadler, and has dismissed Alstom’s appeal.

Together with its subsidiaries Thurbo and RegionAlps, SBB is procuring 286 single-deck multiple-unit trains for regional transport. Stadler was awarded the contract for this order. The unsuccessful bidder, Alstom, appealed against this decision to the Federal Administrative Court. The court has now dismissed the appeal. This court decision confirms that SBB complied with the requirements of procurement law and the equal treatment of bidders during the tendering procedure. After signing the contract, Stadler can start building the 286 multiple units for regional transport.

The legal proceedings initiated by Alstom have an impact on the delivery of the vehicles. The first trains will now not enter service until 2026 instead of December 2025 as originally planned. The new trains will gradually replace the following rolling stock until 2034:

at SBB: Domino, Flirt (first generation)
at Thurbo: articulated railcars
at RegionAlps: Domino and Nina

The newly procured vehicles will help all three railway companies to implement their planned improvements to services as well as the service expansion projects planned by the Confederation and the Cantons.

Alstom China Joint Venture Wins Maintenance Contract for Shanghai Metro Line 12

February 21, 2022 / WIL BALDWIN

February 18, 2022 – Alstom (OTC: ALSMY) Chinese joint venture, Shentong Bombardier (Shanghai) Rail Transit Vehicle Maintenance Co., Ltd., has been awarded a contract from Shanghai Shentong Metro Group Co., Ltd. (Shanghai Metro) to provide whole lifecycle maintenance service for 204 Movia metro cars (34 trains) on Shanghai’s Line 12 phase 2 and phase 3 project. The total contract is valued at approximately €43.6 million (330 million CNY excl. VAT).

Under the contract, SHBRT will adopt the condition-based maintenance regime by deploying the advanced maintenance tools, including Alstom’s Orbita advanced train monitoring system, Automatic Vehicle Inspection System, etc., to improve the safety, reliability, availability and efficiency of Shanghai’s Line 12 fleet. The scope of the contract includes preventive maintenance, corrective maintenance, balanced overhauls, safety inspections, train cleaning and train escort services for 204 metro cars. The project is expected to be completed in November 2027.

Stadler to Deliver up to 504 Tram Trains to German Austrian Project Consortium

January 17, 2022 / WIL BALDWIN

Stadler has been awarded the largest contract in the company’s history with a total volume of up to four billion euros: it has won an international tender held jointly by six transport companies from Germany and Austria for up to 504 vehicles as part of the VDV Tram-Train project. In addition to vehicle production, the framework agreement also includes a maintenance contract lasting up to 32 years. Part of the framework agreement is a fixed order quantity of 246 CITYLINK vehicles representing a volume of around 1.7 billion euros. There is also an option to order up to 258 more vehicles.

The award of the contract marks the beginning of a long-standing partnership between Stadler and the project consortium, consisting of Verkehrsbetriebe Karlsruhe (VBK), Albtal-Verkehrs-Gesellschaft (AVG), Saarbahn Netz, Schiene Oberösterreich, the State of Salzburg and Zweckverband Regional-Stadtbahn Neckar-Alb. Over the next ten years, Stadler will produce 246 CITYLINK vehicles for the six operators. The first four vehicles will be delivered to the Saarbahn in 2024.

All vehicles will be supplied in a three-part design. The length of the vehicles, the number of doors, the boarding and coupling height as well as the configuration of the CITYLINK versions will vary depending on the delivery location and the customer. All the vehicles will have certain features in common: they will be fitted with an HVAC system for the passenger compartments and driver’s cab, and have spacious multi-purpose areas with two wheelchair spaces that can be flexibly configured. The tram-trains will be individually equipped to suit the place of use. For example, the vehicles for the Albtal-Verkehrs-Gesellschaft will have a toilet as well as facilities for cycle racks, while Schiene Oberösterreich has opted for luggage racks as an extra feature.

Providing one type of vehicle for six operators is unusual. “On the project team, we spent hours developing a common set of specifications. We defined a standard with up to five further versions to meet the operator- specific requirements such as boarding height, coating and place of use,” explains the overall project manager Thorsten Erlenkötter from Verkehrsbetriebe Karlsruhe.

Japan Central Railroad Releases 2022 Operations plan

January 17, 2022 / WIL BALDWIN

The Japan Central Railroad has released the operation plan of the Tokaido Shinkansen for consideration of customer usage conditions.

Operation plan from January 1st to January 31st

Operation plan from February 1st to February 28th

*We will inform you of the operation plan after March as soon as it is decided.

https://global.jr-central.co.jp/000041678.pdf

Stadler Sets Guinness Book of Records with FLIRT Akku Battery Only Train Journey

December 31, 2021 / WIL BALDWIN

The three unit FLIRT Akku used for the record journey has been developed by Stadler since 2016 as a local CO2 neutral mobility solution for the climate-friendly operation of unelectrified railway routes. The vehicle was approved by the German Federal Railway Office and introduced to the public for the very first time in 2018. Ever since when the FLIRT Akku test carrier has travelled around 15,000 kilometers in battery only operation, before setting the world record for a regional train journey in battery-only mode without additional charge now.

Climate friendly bestseller FLIRT

The first Fast Light Intercity and Regional Train was developed in 2002 at the request of the Swiss Federal Railways SBB for the Zug city railway. Ever since the unit was put into service, the FLIRT has turned into an international bestseller with over 2,000 vehicles sold. These vehicles are being operated in 20 countries in virtually all climate zones, from the equator to the polar circle, with 528 of them operating in Germany alone. The single-decker regional and intercity multiple unit convinces with its flexibility in the process. The trains are configured for normal and broad gauge tracks, with top speeds of 160 to 200 km/h. Thus, the FLIRT can be customized to any individual client requirements in terms of its drive technology, number of seats, passenger flow and interior design. The lightweight aluminum construction and common components help to keep the operating, energy and maintenance costs low. Besides electric, diesel or bi-modal drives, the FLIRT is also available with climate-friendly battery and hydrogen propulsion.

With the FLIRT Akku train sets, Stadler has developed a so called BEMU (battery-electric multiple unit) that will run as both a classic EMU (electric multiple unit) under overhead contact cable or battery-operated on un-electrified routes. This makes it optimal for partly electrified routes that currently still need to be served with diesel trains. Stadler had already won the first green technology tender in Germany and sold 55 FLIRT Akkus to NAH.SH, the Schleswig-Holstein Local Transport Association in 2019. In November 2021, another order for 44 vehicles followed from Deutsche Bahn Regio. In addition Stadler is also building the first hydrogen-powered FLIRT for the San Bernardino County Transportation Authority (SBCTA) in the USA.

Union Pacific Corporation Announces 10% Dividend Increase for Fourth Quarter 2021

December 14, 2021 / WIL BALDWIN

Union Pacific Corporation (NYSE: UNP) announced that its Board of Directors today voted to increase the quarterly dividend on the Company’s common shares by 10% to $1.18 per share. The dividend is payable December 30, 2021, to shareholders of record December 20, 2021. Union Pacific has paid dividends on its common stock for 122 consecutive years.

“Union Pacific continues to deliver strong cash returns to our shareholders,” said Jennifer Hamann, Union Pacific executive vice president and chief financial officer. “Today’s action, coupled with the 10% increase earlier this year, is consistent with our targeted dividend payout ratio of 45 percent.”

About Union Pacific

Union Pacific delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.

About Union Pacific

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