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.
Genesee & Wyoming Inc. (G&W) today announced the completion of its previously announced sale to affiliates of Brookfield Infrastructure and GIC.
Under the terms of the sale, each issued and outstanding share of G&W common stock converted into the right to receive $112 in cash. As a result of the completion of the sale, G&W’s common stock ceased trading on the NYSE prior to market open today and will no longer be listed for trading on the NYSE.
“This transaction is an excellent outcome for all G&W stakeholders,” said Jack Hellmann, Chief Executive Officer of G&W. “For our customers, employees, and Class I partners, the long-term investment horizon of Brookfield and GIC is perfectly aligned with the long lives of G&W railroad assets. We look forward to building on G&W’s track record of safety, service excellence and commercial growth as we become an important component of a portfolio of global infrastructure assets.”
About Genesee & Wyoming
G&W owns or leases 119 freight railroads organized in locally managed operating regions with 8,000 employees serving 3,000 customers.
G&W’s six North American regions serve 42 U.S. states and four Canadian provinces and include 113 short line and regional freight railroads with more than 13,000 track-miles.
G&W’s Australia Region serves New South Wales, the Northern Territory and South Australia and operates the 1,400-mile Tarcoola-to-Darwin rail line. The Australia Region is 51.1% owned by G&W and 48.9% owned by a consortium of funds and clients managed by Macquarie Infrastructure and Real Assets.
G&W’s UK/Europe Region includes the U.K.’s largest rail maritime intermodal operator and second-largest freight rail provider, as well as regional rail services in Continental Europe.
G&W subsidiaries and joint ventures also provide rail service at more than 40 major ports, rail-ferry service between the U.S. Southeast and Mexico, transload services, contract coal loading, and industrial railcar switching and repair. For more information, please visit www.gwrr.com.
About Brookfield Infrastructure
Brookfield Infrastructure Partners is a leading global infrastructure company that owns and operates high quality, long-life assets in the utilities, transport, energy and data infrastructure sectors across North and South America, Asia Pacific and Europe. We are focused on assets that generate stable cash flows and require minimal maintenance capital expenditures. Brookfield Infrastructure Partners is listed on the New York and Toronto stock exchanges. Further information is available at www.brookfieldinfrastructure.com.
Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a leading global alternative asset manager with over $500 billion of assets under management. For more information, go to www.brookfield.com.
About GIC
GIC is a leading global investment firm established in 1981 to manage Singapore’s foreign reserves. As a disciplined long-term value investor, GIC is uniquely positioned for investments across a wide range of asset classes, including equities, fixed income, private equity, real estate and infrastructure. In infrastructure, GIC’s primary strategy is to invest directly in operating assets with a high degree of cash flow visibility and which provide a hedge against inflation. GIC has investments in over 40 countries. Headquartered in Singapore, GIC employs over 1,500 people across 10 offices in key financial cities worldwide. For more information on GIC, please visit www.gic.com.sg.
CALGARY and NEW YORK, Nov. 20, 2019 /PRNewswire/ – Canadian Pacific (CP) and Fortress Transportation and Infrastructure Investors LLC (FTAI) announced they have entered into a definitive agreement whereby CP will acquire the Central Maine & Quebec Railway (“CMQ”).
CMQ owns 481 miles (774 kilometres) of rail lines primarily in Quebec and Maine. The end-to-end transaction will provide CP customers with seamless, safe and efficient access to ports at Searsport, Maine and to Saint John, New Brunswick, via Eastern Maine Railway Company (EMRY) and New Brunswick Southern Railway (NBSR), thereby preserving and enhancing competition.
“This strategic acquisition gives CP a true coast-to-coast network across Canada and an increased presence in the eastern U.S.,” said CP President and CEO Keith Creel. “With additional port access, more dots on the map, and our proven precision scheduled railroading operating model we are confident this transaction will bring benefits to all stakeholders moving forward.”
As part of the transaction, FTAI will retain ownership of Katahdin Railcar Services (KRS), a tank car cleaning and repair facility, and the contract to operate at a 12-mile branch line at FTAI’s Long Ridge Energy Terminal in Monroe County, Ohio. FTAI intends to continue to develop and grow both the KRS and Long Ridge branch line businesses.
“We are excited about this transaction as it brings value to our shareholders, while ensuring that the CMQ continues to provide safe and reliable rail transportation options,” said Joe Adams, FTAI CEO.
CP invests in its people and its assets to ensure it can provide service safely and efficiently. CP has been the safest railway in North America for 13 consecutive years, as measured by train accident frequency and meets all regulatory requirements.
The transaction is currently expected to close at the end of 2019 and remains subject to customary closing conditions. Over the coming weeks, CP, FTAI and other stakeholders will move towards closing.
Bombardier has supplied and maintained 78 B-series Electric Multiple Units over the last 15 years for Western Australia’s Public Transport Authority (PTA) in a joint venture with Downer EDI
Mobility solution provider Bombardier Transportation announced today that its Australian joint venture with Downer EDI, known as EDI Rail Bombardier Transportation Pty Ltd, is celebrating the final delivery of the B-Series Electric Multiple Unit trains for Western Australia’s Public Transport Authority (PTA). This occasion, which relates to the contract signed in 2016 for 30 additional railcars, was commemorated with an acceptance ceremony for the final train at the Nowergup Rail Depot which was attended by Rita Saffioti, Minister of Transport, Planning and Lands, Western Australia and Elwyn Gearon, General Manager, Transperth Train Operations.
Wendy McMillan, President, South East Asia and Australia region said, “We are very proud to complete the delivery of the B-Series EMU train fleet to the full satisfaction of PTA and providing a comfortable and reliable transport solution for over 60 million commuters every year.” She added, “Bombardier and PTA have worked together for over 30 years and we will continue as long-term partners on local initiatives including development of skilled and sustainable jobs, building a strategic supplier base, enhancing engineering capabilities and offering new technologies and expertise to the important Western Australia mobility ecosystem.”
The 15-year journey for Perth’s B-series train sets included the design, assembly and maintenance by the Bombardier Joint Venture (JV) in Australia. The trains have been manufactured at Downer’s facility in Maryborough, Queensland, with electrical pre-assembly work undertaken by Bombardier at its Australian manufacturing facility in Dandenong, Victoria. With an initial order of 31 three car trainsets, the first train entered service in 2004 and the final delivery will now see a total of 78 EMU trains in service. The Bombardier JV will also continue to provide Fleet Maintenance services to PTA for Transperth’s A- and B- series train fleets until 2026 and employ over 130 people across three sites including Nowergup, which manages the maintenance of the entire B-Series fleet.
The B- series EMU platform has been locally designed by Bombardier in Australia. This latest delivery adds to the more than 1,200-strong EMU vehicle fleet of various designs already operating at high reliability and availability delivered across Queensland, Victoria, South Australia and Western Australia by Bombardier over the past 40 years.
Bombardier has been investing in Australia for more than 70 years. As a trusted rail industry partner with over 1,000 employees, Bombardier designs, engineers, manufactures and maintains rolling stock across Australia, along with providing signalling, rail equipment, asset management and through-life support to customers and operators.
About Bombardier Transportation
Bombardier Transportation is a global mobility solution provider leading the way with the rail industry’s broadest portfolio. It covers the full spectrum of solutions, ranging from trains to sub-systems and signalling to complete turnkey transport systems, e-mobility technology and data-driven maintenance services. Combining technology and performance with empathy, Bombardier Transportation continuously breaks new ground in sustainable mobility by providing integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 40,650 people and its products and services operate in over 60 countries.
CHICAGO – Amtrak today marked the 90th
anniversary of the Empire Builder,
which travels across the country’s northern tier, allowing customers to
experience the grandeur of the Mississippi River Valley, Great Plains, Rockies
and the Cascade Range. Daily service between Chicago and the Pacific Northwest
provides a vital intercity travel option connecting more than 40 communities in
eight states.
Sleeping car customers received wooden train whistles from Amtrak Guest Rewards and all customers departing Chicago received commemorative certificates signed by Amtrak President & CEO Richard Anderson. Prints of a new Empire Builder painting by railroad artist J. Craig Thorpe are available in the Amtrak store and, for a limited time, other items to recognize the anniversary of the service are also available from Amtrak.
Inaugurated by the Great Northern Railway (GN), the first westbound Empire Builder departed Chicago on the evening of June 10, 1929, but it was christened the next day in St. Paul, Minnesota, where the GN had its headquarters and where its mainline to Seattle began. The premier service was named for James J. Hill–the “Empire Builder,” who in the late 19th century founded what became the GN.
The GN and three railroads merged in 1970 to form the
Burlington Northern, which continued to operate the Empire Builder until May 1, 1971, when newly-formed Amtrak took it
over and changed the route to include Milwaukee by using what is now the
Canadian Pacific Railway between Chicago and St. Paul. In October 1979, it
became the first overnight train to be assigned bi-level Superliner® railcars,
setting a higher travel standard that continues today.
Last year, 428,854 customers rode the Amtrak Empire Builder, Trains 7/27 & 8/28.
