Bluetooth beacon competition to enhance stations 18 Oct 2018 Paris St-Lazare is likely to be one of more than 300 French stations to be equipped with Bluetooth beacons for geolocation services. FRANCE: SNCF’s stations business Gares & Connexions has launched an innovation competition branded Open Beacon aimed at enhancing the accessibility of and service offering…
Posts published in October 2018
CNBC's Jim Cramer ranks the most investable stocks in the industrial space, which includes railroad operators, manufacturers and aerospace plays. Among the "Mad Money" host's favorites are Union Pacific, Boeing and Textron. show chapters Cramer flags 5 industrial stocks he likes right now, including Union Pacific and Boeing 10 Hours Ago | 11:36 Disclosure: Cramer's…
Rail News Home Federal Legislation & Regulation 10/17/2018 Rail News: Federal Legislation & Regulation Schumer wants railroads to notify locals when transporting hazmat The senator called on the railroads to expand their notification system to include more examples of "incredibly dangerous materials." Photo – Schumer's office U.S. Sen. Charles Schumer (D-N.Y.) this week called on…
Aerospace innovation for rolling stock electrical systems 17 Oct 2018 FRANCE: Alstom, IGE+XAO and Safran have agreed to establish a centre of excellence for onboard electrical systems in Toulouse. Located at aerospace equipment manufacturer Safran Electrical & Power’s site, the facility will be able to accommodate up to 100 engineers. IGE+XAO is providing design, simulation…
Shift2Rail announces 2018 grants 17 Oct 2018 EUROPE: Shift2Rail is to provide up to €77·3m of co-funding for 19 research and innovation projects with a total value of €152·6m, the joint undertaking announced on October 17. The funding to be awarded under the 2018 Call for Proposals brings the cumulative spending on railway research to…
CSX on Tuesday reported quarterly profit that topped Wall Street's view and raised its full-year revenue forecast.The No. 3 U.S. railroad operator benefited from ongoing cost-cutting and higher prices for moving freight.Third-quarter net income at CSX almost doubled to $894 million, or $1.05 per share, topping the average estimate of 94 cents, according to Refinitiv…
(Adds revenue forecast, impact of Hurricane Florence, CEO comment) Oct 16 (Reuters) - CSX Corp on Tuesday reported quarterly profit that topped Wall Street's view and raised its full-year revenue forecast, as the No. 3 U.S. railroad operator benefited from ongoing cost-cutting and higher prices for moving freight. Shares in CSX, which forecast 2018 revenue…
The centerbeams are being manufactured at National Steel's plant in Hamilton, Ontario. Photo – cn.ca CN has begun to roll out the first of its new centerbeam rail cars ordered earlier this year from National Steel Car Ltd.CN received the first of 350 new centerbeams in August. The new builds are 73-foot riserless centerbeams with…
BatteryFLEX Desiro EMU conversion proposed 15 Oct 2018 UK: An engineering assessment has found that there is a ‘positive case’ for fitting Siemens Desiro Class 350/2 electric multiple-units with batteries to enable off-wire operation, Porterbrook Leasing said on October 15. The company is holding discussions with battery chemistry specialists with a view to producing a…
RENFE and ADIF to support Texas Central high speed service 12 Oct 2018 Central Japan Railway is among the backers of the Texas Central project, which is intended to use Shinkansen technology. USA: On October 10 high speed project promoter Texas Central announced that it had selected Spanish national operator RENFE and infrastructure manager ADIF…