Tag: railroad (Page 7 of 16)

KiwiRail Announces New Auckland Southern Station Locations

February 12, 2021 / WIL BALDWIN

KiwiRail and the Supporting Growth Alliance (Auckland Transport and Waka Kotahi) have today confirmed their proposed sites for three new stations in southern Auckland and will now begin more detailed consultation with stakeholders about their development.

Over the next 30 years, an extra 120,000 people are expected to live in the area, which will also have 40,000 new houses and 38,000 new jobs. The development of the new stations and their associated facilities will be staged over time to coincide with demands from developments feeding each location.

KiwiRail has been given funding through the Government’s NZ Upgrade Programme for the first phase of development.

The locations for the new stations are designed to maximise connections with future town centres, new housing, and other public transport routes.

The aim is ensure the wider area has a robust public transport system to enable long-term housing and business growth. Other factors considered included the existing railway track alignment, the distance between stations, and environmental and ecological features.

The fully developed stations will have a bus interchange and Park & Ride facilities along with other infrastructure. We are working to confirm the exact footprint which will be needed for the associated facilities for the fully developed stations and will then begin the process of protecting the land.

Waka Kotahi National Manager System Design Robyn Elston says: “We are focusing on how longer-term road and rail projects can give people more connected public transport choices and help them move around safely and easily. We’re looking forward to talking to communities about how to make these projects happen.”

The planned railway stations are part of the $2.39 billion of transport improvements in southern Auckland that Waka Kotahi and KiwiRail are delivering as part of the Government’s New Zealand Upgrade Programme.

Other improvements will include SH1 Papakura to Drury South, Mill Road and Papakura to Pukekohe rail electrification. They are part of a longer term transport network being investigated and delivered to support growth in south Auckland.

Public information sessions on the rail developments in Southern Auckland are being held in Drury on February 18th and Pukekohe on February 20th.

The proposed locations for the three stations are:

Drury Central will be located on the existing rail line south of Waihoehoe Road, between Flanagan and Great South Roads.

Drury West will be located on the existing rail line, about 450 m south of the existing intersection of SH22 / Karaka Road and Jesmond Road.

Paerata will be located on the existing rail line, adjacent to the planned eastern extent of the Paerata Rise development.

CSX Corporation Announces Increase to Quarterly Dividend

February 12, 2021 / WIL BALDWIN

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 dividend is payable on March 15, 2021 to shareholders of record at the close of business on February 26, 2021.

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.

Buy One Get One Free with the Amtrak Loves You Sale

February 11, 2021 / WIL BALDWIN

WASHINGTON – At Amtrak, we want to show customers how much we love them by offering a Valentine’s Day Buy One Get One Free Sale. Thursday, February 11, through Tuesday, February 16, customers can purchase one ticket and bring a companion along for free for nationwide travel between February 22 and August 27, Customers can receive discounted tickets by using the code C214 at checkout or at amtrak.com/vdaysale.

Customers can skip the flowers and chocolates this year and take advantage of the Amtrak Loves You, limited-time offer to buy one ticket and get another one free for a future getaway, through August. Travel is available on select trains nationwide including the Auto Train, Northeast Regional, Acela, Southwest Chief, Empire Builder, California Zephyr and many other popular routes throughout the country. Two customers can make it a date and travel together for as low as:

Route	Fare	Cities	Fare
Chicago – Milwaukee	$25	New York – Chicago	$112
Oklahoma City – Fort Worth	$31	Lorton – Sanford	$115*
Albany – New York	$45	Los Angeles – Seattle	$126
New York – Philadelphia	Coach: $46 Acela: $81	Charlotte – New York	$126
Philadelphia – Washington, DC	Coach: $46 Acela: $92	Washington, DC – Atlanta	$132
New York – Providence	Coach: $50 Acela: $94	Philadelphia – Savannah	$140
Boston – New York	Coach: $58 Acela: $98	Washington, DC – New York	Coach: $74 Acela: $128
Fares will vary by train
*Plus the cost of your vehicle

Before traveling on Amtrak, customers should review state-specific travel advisories and restrictions that may be in place for various destinations. Once onboard, Amtrak customers can enjoy the freedom to use their phones and electronic devices (no “airplane mode”), large spacious seats with ample leg room, no middle seat and one of the most generous baggage policies in the travel industry.

Amtrak is leading the way by setting a new standard of travel with enhanced safety and cleaning measures. In an effort to simplify and safeguard the travel experience, several cleaning, contact-free and convenience measures have been implemented into every part of the customer journey, including:

Face Coverings: Per federal law and Amtrak policy, all customers and employees must wear a face mask or covering that fully covers the entire mouth and nose, fits snugly against the side of the face, and secures under the chin at all times while onboard and in stations. Neck gaiters, open-chin triangle bandanas, face shields, and masks containing valves, mesh material or holes of any kind do not qualify as acceptable face coverings. Face masks can be removed briefly while actively eating, drinking or taking medication. Children under 2 years old are not required to wear a face covering. Refusing to wear a mask is a violation of federal law; passengers may be subject to penalties under federal law, denied boarding, removed from the train and banned from future travel in the event of noncompliance.
Enhanced cleaning: Amtrak has enhanced cleaning and disinfecting protocols at stations and onboard our trains.
Air Quality: All trains are equipped with onboard filtration systems with a fresh air exchange rate every 4-5 minutes.
Physical distancing: Signage has been displayed at our busiest stations to indicate safe distances in high traffic areas. In addition, protective plastic barriers have been installed at customer counters at our busiest stations.

This sale is valid for one free companion rail fare traveling on the same reservation as one full adult fare. Adults must travel together and be booked in the same reservation. Upgrades to Acela First Class, and non-Acela Business Class are valid upon payment of full accommodation charge. Upgrades to sleepers are not permitted. This offer is not combinable with any other discount offer. All prices will be automatically discounted from the standard fare when accessing this promotion at amtrak.com/vdaysale or by using the discount code (C214) when booking their trip. Other terms and conditions apply.

DB Regio Bayern and Siemens Mobility Sign Contract for 31 Regional Trains

February 5, 2021 / WIL BALDWIN

DB Regio Bayern has ordered 31 regional trains from Siemens Mobility. The trains will serve on routes between Munich, Passau and Regensburg. Siemens Mobility will be delivering 25 double-decker Desiro HC trainsets and six single-decker Mireo trainsets. Passenger service with the new trains is planned to begin with the timetable change in December 2024.

“We’re especially pleased that we were able to win the Europe-wide call for tenders from the Bayerischen Eisenbahngesellschaft. The modern trains provided by our partner Siemens Mobility are an important contribution for ensuring high-quality operations that attract additional passengers to rail transport,” said Hansrüdiger Fritz, Chairman of the Regional Management, DB Regio Bayern.

“Our Desiro HC and Mireo regional trains stand for enhanced passenger experience and convenience, maximum availability, and sustainability. Both train platforms are very popular with passengers and have already significantly improved passenger satisfaction on many routes. We are pleased that we’ve received the order to build 25 Desiro HC trains and six Mireo trains for the Danube-Isar network,” said Albrecht Neumann, CEO Rolling Stock, Siemens Mobility.

The Desiro HC trains are intended for use on the line RE 3 Munich Hbf – Landshut Hbf – Plattling – Passau Hbf and until the opening of the 2nd S-Bahn main line in Munich on the RB 33 (Munich Hbf) – Freising – Moosburg – Landshut Hbf. The Mireo trains will be used on the airport express RE 22 Munich Airport Terminal – Landshut Hbf – Regensburg Hbf. After commissioning of the 2nd line, the vehicles of the RB 33 will be used for increased frequency in rush-hour traffic between Munich and Regensburg or Plattling.

Hitachi Rail Successfully Tests First Battery-Powered Tram

February 2, 2021 / WIL BALDWIN

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 offer battery-trams globally

Tram adds to the growing list of battery products being developed as Hitachi puts decarbonisation and sustainability at the heart of its global strategy

Hitachi Rail has successfully tested its first battery-powered tram in Florence – an important milestone towards expanding the firm’s offer to market the vehicles across the world.

While traditional tram lines require electrified infrastructure – usually overhead wires supported by poles or pylons – that are expensive to install and visually unattractive. Battery trams offer the opportunity to run high capacity public transport through city centres, while saving millions on installing wires and reducing the visual impact on beautiful historic streets, like Florence.

The trial involves installing battery packs on an existing Hitachi-built Sirio tram, which covered a section of the line under battery power. The innovation allows power to be returned to the batteries when the train breaks, reducing the overall amount of energy consumed and protecting the environment.

This news is the latest in a number of announcements from the global mobility firm as expands its sustainability credentials and its zero-carbon offer to its customers around the world. Hitachi recently announced the trial of a battery train in the UK and delivery of hybrid trains in Italy, having built one of the world’s first battery powered train fleets that operates in Japan.

Hitachi has a rich heritage of building trams and tramways in Europe and in Asia, and is involved in new tram and metro infrastructure projects in the Americas and in the UK.

Andrea Pepi, Head of Sales and Projects Italy, Hitachi Rail said: “Our aim is to use our technology and our work to help build a sustainable society and contribute to the well-being of people around the world by improving their quality of life.”

“This is a key milestone as we pioneer this new technology that allow us to work with our customers to reduce infrastructure costs while still offering environmentally-friendly public transport. We hope this successful trial in Italy creates new opportunities for us across the world.”

The Mayor of Florence, Dario Nardella said: “We are happy that Hitachi Rail has chosen the tramway in Florence to test this innovation. Battery-powered trams can revolutionize this type of service within cities. Public transport, especially in historic centers, will have to be less impactful and increasingly sustainable. This marks another significant step forward for the tramways in Florence.”

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

January 21, 2021 / WIL BALDWIN

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 KCS’ David L. Starling Wylie Intermodal Terminal.

The Wylie Logistics Park offers 2.4 million square feet of potential building capacity for traditional warehousing and distribution; industrial grade amenities; dual feed electrical system with redundant power; as well as a heavy-haul road network comprised of direct access to Highway 78 and the interstate system, air and seaports, and a state-of-the-art intermodal terminal.

“KCS is pleased to enter into this agreement with NorthPoint Development for the Wylie Logistics Park,” said KCS vice president chemical and energy products Ginger Adamiak, who also leads the company’s industrial development team. “Wylie is part of the Dallas metro area, the fourth fastest growing industrial market in the U.S., and Wylie offers a business-friendly environment, low taxes and a double free port exemption.”

“We are extremely bullish on the opportunities that the Wylie Logistics Park offers,” said NorthPoint Development president/founding partner Chad Meyer. “Wylie is a supportive, pro-business municipality partnering with a unique Class I intermodal facility that has the best direct connectivity to the growing east coast ports. Couple this with exceptional demographics from an eCommerce demand and the great labor pool that this development requires and you have all of the ingredients for a very successful project.”

KCS’ Wylie Intermodal Terminal opened in 2015 and expanded in 2018. It now offers track capacity of 19,000 feet and annual lift capacity of 342,000, resulting in fluid and efficient availability of containers and improved on-time arrivals and departures. The terminal also boasts 1,800-wheeled parking spaces (with room to expand); 300 container stack spots; an Automated Gate System (AGS) with high definition imagery; optical character recognition and biometric driver identification; enhanced traffic signals and specific turn lanes.

“The Wylie Logistics Park is ideal for customers looking to combine logistics and real estate in one location,” said KCS vice president intermodal and automotive Rodrigo Flores. “Locating in the park will provide tenants and customers significant cost savings by reducing drayage from ramp to facility and providing quick access to the regional interstate network. Customers will also enjoy the environmental benefits of intermodal transportation and connectivity to other intermodal and port facilities on KCS’ U.S. and Mexico rail network.”

https://www.youtube.com/watch?v=RxbwWqQeMe8&feature=youtu.be

New Zealand to Benefit from Improved Northland Line

January 18, 2021 / WIL BALDWIN

The re-opening of the rail line between Whangārei and Swanson in West Auckland is a significant achievement and has immediately boosted KiwiRail’s ability to deliver freight services for New Zealanders.

The track opened last week and today KiwiRail will begin receiving some of the containers unloaded from the ANL vessel Tianjin Bridge which berthed at Northport on Friday. These will be trucked to the rail line in Whangārei and taken to Auckland by train, while the rest of the containers will be moved south by road to their destination.

Fewer trucks on roads also means less congestion, lower road maintenance costs, and greater road safety.

It also means fewer emissions. Every tonne of freight carried by rail produces 70 per cent fewer greenhouse gas emissions than the equivalent freight carried by road.

The project to improve the North Auckland line, which was in a poor state after years of under-investment, began only a year ago. Funded by the Government’s Provincial Growth Fund, the work included replacing five bridges and lowering tracks in 13 tunnels in just seven months, to allow the passage of hi-cube shipping containers in and out of Northland by rail. These hi-cube containers are standard in international shipping.

All the new and rehabilitated structures have clearance through the tunnels for electrification to be added later, which helps to further improve the network’s resilience over time.

More than 400,000 hours went into the construction phase of the project, which marked its completion with the running of a test train last week carrying trial hi-cube export size containers. The train ran successfully along the length of the line, following an early morning blessing in Whangarei and by late last week, freight trains were again running.

KiwiRail does not yet have a spur directly to Northport but the PGF funding has allowed us to begin buying land along the route. In the meantime, freight is trucked from the port to the rail line in Whangārei, then carried by rail, south to Auckland and other destinations.

With freight volumes in the region expected to increase from 18 million tonnes a year currently to 23 million tonnes by 2042, rail is a crucial part of developing an efficient, integrated transport system for Northland. Across New Zealand, KiwiRail is working hard to support importers and exporters, and to increase its share of the freight market.

KCS Announces Fourth Quarter 2020 Earnings Release and Conference Call Time

January 18, 2021 / WIL BALDWIN

Kansas City Southern (KCS) (NYSE: KSU) will release its fourth quarter 2020 financial results on Friday, January 22, 2021, before the opening of trading on the New York Stock Exchange.

KCS will also hold its fourth quarter 2020 earnings conference call on Friday, January 22, 2021 at 8:45 a.m. eastern time. Shareholders and other interested parties are invited to participate via live webcast or telephone. To participate in the live webcast and to view accompanying presentation materials, please log into investors.kcsouthern.com immediately prior to the presentation. To join the teleconference, please call (844) 308-6428 from the U.S., or (412) 317-5409 from all other countries.

A replay of the presentation will be available by calling (877) 344-7529 from the U.S., (855) 669-9658 from Canadaor (412) 317-0088 from all other countries and entering conference ID 10150484. The webcast replay and presentation materials will be archived on the company’s website.

Headquartered in Kansas City, Mo., Kansas City Southern is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS’ North American rail holdings and strategic alliances with other North American rail partners are primary components of a unique railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada. More information about KCS can be found at www.kcsouthern.com.

Union Pacific Announces Fourth Quarter 2020 Earnings Release Date

January 18, 2021 / WIL BALDWIN

Union Pacific Corporation (NYSE: UNP) will release fourth quarter 2020 financial and operating results on Thursday, January 21, 2021, at 8:00 a.m. ET. The company’s management team will host a conference call and live webcast at 8:45 a.m. ET.

Parties interested in participating via teleconference may dial 877-407-8293. International callers may dial 201-689-8349. A live webcast of the presentation and materials will be available in the investor relations section of Union Pacific’s website at www.up.com/investor. A replay of the audio webcast will be available shortly thereafter.

Canadian Pacific Completes Acquisition of Detroit River Rail Tunnel

December 22, 2020 / WIL BALDWIN

CALGARY, Dec. 22, 2020 /PRNewswire/ – Canadian Pacific Railroad (NYSE: CP) announced today it has completed its previously announced agreement to purchase an 83.5 percent stake in the Detroit River Rail Tunnel from certain affiliates of OMERS, the defined benefit pension plan for municipal employees in the province of Ontario. CP previously owned a 16.5 percent stake of the tunnel in partnership with OMERS. The purchase price for the transaction is approximately US$312 million, subject to customary closing adjustments.

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