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Oct
26

AAR Reports Weekly Rail Traffic for the Week Ending October 22, 2016

​For Immediate Release

 

AAR Reports Weekly Rail Traffic for the Week Ending October 22, 2016

 

WASHINGTON, D.C. – October 26, 2016 – The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 22, 2016.

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Oct
26

CN's Q3 revenue falls 3 percent

10/26/2016    

Rail News: Canadian National Railway - CN

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Oct
26

CN's Q3 revenue falls 3 percent

Rail News Home Canadian National Railway - CN 10/26/2016 Rail News: Canadian National Railway - CN
CN reported third-quarter revenue fell 6 percent to 3 billion Canadian dollars compared with year-ago results, as the Class I faced lower shipping volumes in coal, crude oil and frac sand.CN's third-quarter net income fell to CA$972 million, or CA$1.25 per diluted share, compared with net income of CA$1 billion, or CA$1.26 a year earlier, according to a CN press release.Operating income declined 5 percent to CA$1.4 billion during the quarter, compared with a year ago. Operating expenses fell 7 percent to CA$1.6 billion. The Class I's operating ratio was 53.3 percent, a 0.5-point improvement compared with the prior year quarter's performance."With solid execution from our industry-leading operating team and a network-wide focus on providing quality service, CN delivered outstanding results in the third quarter while facing a still sluggish North American and global economy," said Luc Jobin, CN president and chief executive officer."Despite shifting traffic demands, including a delayed Canadian grain harvest, we remained flexible and service-focused," Jobin said. "We also continued to reinvest in our business and infrastructure, investments that are driving ongoing safety, service and productivity improvements, while we maintained our commitment to providing the long-term value that helps CN and its customers succeed." CN raised its financial outlook and now expects 2016 adjusted diluted earnings per share to increase about 1 percent, compared with an earlier financial outlook that called for adjusted earnings per share to be in line with last year.By segment, CN reported revenue increases in grain and fertilizer, up 4 percent; automotive, up 3 percent; and forest products, up 2 percent.Also by segment, CN posted revenue decreases in coal, down 32 percent; metals and minerals, down 20 percent; and petroleum and chemicals, down 13 percent.CN's intermodal revenue declined 4 percent.The revenue decline was mainly attributable to lower volumes of crude oil, coal, and frac sand, and lower applicable fuel surcharge rates. Carloadings for the quarter declined 4 percent. Contact Progressive Railroading editorial staff. More News from 10/26/2016

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Oct
26

NS posts 2 percent net income gain in Q3

10/26/2016    

Rail News: Norfolk Southern Railway

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Oct
26

NS posts 2 percent net income gain in Q3

Rail News Home Norfolk Southern Railway 10/26/2016 Rail News: Norfolk Southern Railway
Norfolk Southern Corp. reported third-quarter net income of $460 million, up 2 percent, and diluted earnings per share of $1.55, up 4 percent, compared with third-quarter results last year.The Class I surpassed surpassed Wall Street analysts' expectations for the quarter. Analysts expected NS to post earnings of $1.45 per share, according to a survey by Zacks Investment Research.NS' railway operating revenue fell 7 percent to $2.5 billion for the quarter compared with the same period a year ago, due to reduced volumes and lower fuel surcharge revenue. Overall volumes declined 4 percent to 1.9 million units for the quarter, according to an NS press release."Our continued focus on efficiency and asset utilization, balanced with our commitment to customer service, drove an operating ratio of 67.5 percent for the quarter and a record 68.7 percent for the first nine months, setting us well on the way to achieving productivity savings of about $250 million and an operating ratio below 70 percent for the year — even in the face of economic headwinds," said Chairman, President and Chief Executive Officer James Squires.Moving forward, the company is well positioned for growth opportunities over the longer term, Squires said.Also during the quarter, NS reported general merchandise revenue dropped 10 percent to $1.6 billion compared with Q3 2015. The company's five merchandise commodity groups reported the following year-over-year revenue results:
• Chemicals, $408 million, down 10 percent;
• Agriculture, $380 million, even;
• Metals/construction, $337 million, up 2 percent;
• Automotive, $236 million, down 4 percent; and
• Paper/forest, $191 million, down 6 percent.Intermodal revenue slipped 7 percent to $575 million. Volume fell 1 percent as a result of lower volume from Triple Crown Services, which was restructured last year. Excluding Triple Crown Services, domestic intermodal volume and international volume rose 8 percent and 1 percent, respectively.NS' coal revenue declined 18 percent to $397 million compared with a year ago. Above-normal stockpiles and low natural gas prices combined to decrease coal volume by 15 percent.Railway operating expenses fell 10 percent to $1.7 billion primarily due to cost-cutting initiatives, lower fuel expenses, the absence of last year's restructuring costs, and gains from the disposition of operating property.Income from railway operations remained flat at $820 million compared with third-quarter 2015. The 67.5 operating ratio improved 2.2 points on a year-over-year basis. Contact Progressive Railroading editorial staff. More News from 10/26/2016

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Oct
25

CSX, Maryland agree to pursue Howard Street Tunnel project

10/25/2016    

Rail News: CSX Transportation

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Oct
21

BNSF, CSX, FECR help ship tons of hurricane relief supplies to Haiti

10/21/2016    

Rail News: BNSF Railway

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Oct
21

BNSF, CSX, FECR help ship tons of hurricane relief supplies to Haiti

Rail News Home BNSF Railway 10/21/2016 Rail News: BNSF Railway
BNSF Railway worked with CSX and two humanitarian organizations to move a trainload of relief supplies for hurricane survivors in Haiti. Photo – bnsfmedia.com

[Editor's note: This story was updated at 3 p.m. Central time.]

BNSF Railway Co., CSX and Florida East Coast Railway (FECR) this week assisted two humanitarian organizations move a trainload of relief supplies for hurricane survivors in Haiti, according to a report on BNSF's website.

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Oct
21

BNSF honors Burlington Junction Railway as short line of the year

10/21/2016    

Rail News: BNSF Railway

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Oct
20

UP's Q3 earnings take hit from freight volume 'challenges'

10/20/2016    

Rail News: Union Pacific Railroad

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Oct
19

Freight Rail Industry Shipper Organizations Recognize the Efforts of Hazardous Materials Handlers

Freight Rail Industry, Shipper Organizations Recognize

the Efforts of Hazardous Materials Handlers

Groups Announce Annual Holden-Proefrock, Grand Slam and TRANSCAER® Awards

WASHINGTON, D.C. – October 19, 2016 – The Association of American Railroads (AAR) today announced the 2015 recipients of the Holden-Proefrock Award and Non-Accident Release Grand Slam Award. In addition, TRANSCAER® announced the winners of their National Achievement Awards. The awards are given annually to individuals and railroads operating in the hazardous materials fields.  

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Oct
19

AAR Reports Weekly Rail Traffic for the Week Ending October 15, 2016

​For Immediate Release

 

AAR Reports Weekly Rail Traffic for the Week Ending October 15, 2016

 

WASHINGTON, D.C. – October 19, 2016 – The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 15, 2016.

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Oct
19

CP Q3 revenue falls 9 percent, names Velani CFO

10/19/2016    

Rail News: Canadian Pacific

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Oct
19

CP Q3 revenue falls 9 percent, names Velani CFO

Rail News Home Canadian Pacific 10/19/2016 Rail News: Canadian Pacific
Canadian Pacific's third-quarter revenue fell 9 percent to 1.55 billion Canadian dollars, while diluted earnings per share (EPS) rose 15 percent to CA$2.34 compared with revenue and earnings in third-quarter 2015, the Class I announced this morning.The railroad also announced an operating ratio of 57.7 percent, the "lowest-ever" when compared with adjusted operating ratios in previous quarters, CP officials said in a press release. In third quarter 2015, the Class I set a then-Q3 ratio record at 59.9.Analysts expected CP's Q3 revenue to come in around CA$1.23 billion and an EPS of CA$2.79 per share. CP posted an adjusted diluted Q3 EPS of CA$2.73."Despite decreased revenues, tied to a delayed grain harvest and stiff economic headwinds, our business model continues to perform on the cost side," said CP Chief Executive Officer E. Hunter Harrison. "Our commitment to efficiency, asset optimization, and operational excellence has produced yet another record-low operating ratio." By commodity, CP reported adjusted revenue during the quarter rose 1 percent for U.S. grain, 5 percent for fertilizers and sulphur, 8 percent for forest products, and 1 percent for chemicals and plastics. International intermodal revenue increased 5 percent for the quarter. Commodities that posted revenue decreases during the quarter were Canadian grain, down 15 percent; coal, down 2 percent; potash, down 1 percent; crude, down 88 percent; metals, minerals and consumer products, down 18 percent; and automotive, down 1 percent. Domestic intermodal revenue declined 2 percent.Considering the delayed grain harvest, lower crude volumes, a challenging Canadian economy compounded by a strengthening Canadian dollar, the company is now expecting mid-single-digit growth for 2016, according to Harrison."While disappointed that we will not meet our previous forecast, I am incredibly proud that despite these challenges, CP will deliver its lowest-ever annual operating ratio," said Harrison. "Our industry-leading operating plan and continued focus on improving service to our customers means we are well-positioned to capitalize on increasing volumes leading into 2017."Meanwhile, CP announced Nadeem Velani has been named vice president and chief financial officer. Velani has been serving as vice president and interim CFO since Sept. 9.Velani joined CP in March 2013 and served as VP of investor relations before becoming interim CFO. Prior to CP, he worked for 15 years at CN, where he served in strategic and financial planning, investor relations, sales and marketing and the office of president and CEO. Contact Progressive Railroading editorial staff. More News from 10/19/2016

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Oct
19

From the Editor: Digitization and digital culture represent a world of opportunities in rail country

Rail News Home Rail Industry Trends October 2016 Rail News: Rail Industry Trends
— by This email address is being protected from spambots. You need JavaScript enabled to view it., editor
Pat Foran

As we’ve reported with regularity this year, the Internet of Things (IoT), Big Data, cognitive computing, et al. represent a world of opportunity in rail country.

To what extent are railroaders and other links in the transportation chain capitalizing on that opportunity? They’ve got some ground to cover, but more and more links are serious about getting there and are on their way, if results of a recently conducted survey are any indication.

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Oct
18

KCSR to hike train speed in Gulfport, Miss.

10/18/2016    

Rail News: Kansas City Southern

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Oct
18

KCSR to hike train speed in Gulfport, Miss.

Rail News Home Kansas City Southern 10/18/2016 Rail News: Kansas City Southern Kansas City Southern Railway Co. will increase train speed on 2.5 miles of track in Gulfport, Miss., starting Oct. 31, the railroad announced yesterday.Speed will increase on track between Martin Luther King Street and Highway 90 from 10 mph to 20 mph. The higher speed is possible because of a major track rehabilitation effort that will help aid economic development in the region, KCSR officials said in a press release.The railroad has partnered with Mississippi Operation Lifesaver in informing community members to be aware of the faster train speed. They urged motorists and pedestrians to stay off railroad rights of way and to "always expect a train" at any crossing. Contact Progressive Railroading editorial staff. More News from 10/18/2016

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Oct
18

KCS posts Q3 revenue, income decline

10/18/2016    

Rail News: Kansas City Southern

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Oct
18

KCS posts Q3 revenue, income decline

Rail News Home Kansas City Southern 10/18/2016 Rail News: Kansas City Southern
Kansas City Southern's third-quarter revenue slipped 4 percent to $605 million versus the same quarter last year, the Class I reported this morning. Overall carload volumes fell 4 percent compared with a year ago. Excluding the peso and fuel-price factors, KCS' third-quarter revenue would have been down 1 percent compared with last year's quarter, company officials said in a press release.KCS third-quarter revenue declined in four commodity groups, which was partially offset by small increases in agriculture and minerals, and chemicals and petroleum. Intermodal revenue dropped 7 percent largely because of service disruptions on the Mexican network.Reduced U.S. drilling operations continue to affect KCS's crude oil and frac sand movements. As a result, energy revenue fell 15 percent during the third quarter versus a year ago.The railroad posted third-quarter net income of $121 million, or $1.12 per diluted share, compared with $132 million, or $1.20 per diluted share, in third-quarter 2015. Operating income for the quarter declined 9 percent to $200 million compared with year-ago results. The company's operating ratio was 66.9 percent, a 1.7 point increase from third-quarter 2015.The quarter's operating expenses were down 2 percent to $405 million compared with last year. However, excluding the estimated impacts of Mexican peso depreciation and lower U.S. fuel prices, operating expenses rose 2 percent. Also during the quarter, KCS recognized a $16 million Mexican fuel excise tax credit. Additionally, the Class I recorded a year-to-date adjustment to increase the incentive compensation level for the year."Kansas City Southern faced a challenging third quarter as extraneous events, including flooding outages and service disruptions on our Mexican network, resulted in additional operating costs," said President and Chief Executive Officer Patrick Ottensmeyer. "In spite of these events, KCS' third-quarter carloads grew 5 percent sequentially with strength seen in both the automotive and energy commodity groups. Overall, the company remains committed to growth and we continue to invest and prepare for the many long-term opportunities on the horizon." Contact Progressive Railroading editorial staff. More News from 10/18/2016

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Oct
18

Switch machine suppliers offer a range of new options to help railroads reach next-level efficiencies

Rail News Home C&S October 2016 Rail News: C&S

Alstom SA offers the CTS2, an in-tie point machine company officials characterize as a “new concept for North America.”Photo – © Alstom SA 2016 Railroads want switch machines that are reliable, easy to maintain and cost-effective. It’s what they want from every product, device or piece of equipment they use. Railroads also want to be able to employ “smart” switch control technology — systems that offer self-diagnostic, predictive and analytics capabilities. Technology that can provide next-level efficiencies.Switch machine suppliers have been on the next-generation technology beat for some time now. They continue to offer traditional solutions (because they still work, and work well), but they also continue to develop new models with smart(er) controllers and predictive analytics platforms.Some of the new stuff was on display at the Railway Systems Suppliers Inc.’s (RSSI) 56th annual communications and signaling exhibition, held June 29-30 in Grapevine, Texas. And some of it is featured within the pages that follow.Progressive Railroading recently contacted a sampling of suppliers, asking them to share information on what’s new and/or tried and true on the switch machine technology front. Six of them offered responses.Alstom: From traditional to ‘new concept’Alstom SA’s portfolio includes the Model 5 Series of switch machines, which are designed for “traditional applications” and represent the “largest install base of any switch machine base in North America,” the company says. Model 5 units feature a robust motor and drive system, and operate in extreme weather conditions. The average “machine life” of a Model 5 unit is more than 20 years, Alstom says. “We’re constantly investing to ... improve this technology,” the company adds.The company also offers the CTS2, an in-tie point machine that Alstom officials characterize as a “new concept for North America.” Suitable for hi-rail, high-speed, mainline and mining applications, the CTS2 that has been “upgraded to withstand the worst environmental conditions, with underwater operation and improved seals for track moving components,” the company says. It can function as a trailable or non-trailable unit; that flexibility, along with the in-tie track maintenance benefits related to ballast surfacing, makes the CTS2 ideal for new lines or railroads seeking to upgrade their infrastructure, the company says.For transit applications, Alstom offers the GM4000A switch machine, which now features new point detection contacts for “superior dependability in harsh environments and better vibration resistance” to prevent signal chatter, the company says. Additionally, a next-generation electronic controller is available with improved shock and vibration resistance, including improved protection to water ingress.Ansaldo STS: Remote monitoring and controlAnsaldo STS, a Hitachi Group company, offers the Intelligent Electronic Circuit Controller (IECC™) for remote switch machine monitoring and control — it’s the next-generation vital indication and control module for the company’s M3 and M23 switch machines, Ansaldo says.A drop-in replacement for the mechanical circuit controller in Ansaldo Style M switch machines, IECC enables users to instantly access the current status and location of a machine, as well as a cumulative log of the last 1,000 switch machine movements.The submersible IEEC eliminates contact corrosion and wear, prevents inadvertent contact chatter and offers early detection of point bar misalignment. Configurable for right- or left-hand applications, it features a rugged design; reduced cabling; remote asset management; and remote status, diagnostics and alarms. It also offers dual M12 Ethernet ports for optional redundant networking links and is compatible with off-the-shelf Wi-Fi, cellular, fiber, Ethernet and DSL products.The M3 and M23 with ECC are Ansaldo’s next-generation Style M switch machines. Features include the company’s basic Style M machine drive-train design; light-emitting diode diagnostics; an electronic latch-out feature that can be configured for manual, automatic or “disable”; and local/remote switch control capability.RailComm: Yard automation and predictive analyticsRailComm offers two solutions that company officials believe add significant value to switches: remote control of yard switches, and remote condition monitoring and predictive analytics.RailComm’s yard automation platform — Domain Operations Controller (DOC®) system — controls a variety of power switch machine types, and receives indications of switch position and power condition. All traffic — including the routing of trains in and out of a yard — is controlled from a safe, secure central location using a modern user interface that provides flexibility, speed and safety, the company says. “Yard dispatchers have a safer way to direct traffic throughout the yard, and protect tracks, workers and other assets while maintenance and inspection tasks are being performed,” RailComm says. Entrance/Exit (NX) routing takes into consideration all automated processes, including remote switch and derail control, blue flag protection and shove track system.Meanwhile, the company’s remote condition monitoring and predictive analytics solution — RailComm Insight™ for Mainline Switches — is designed to improve the performance and availability of mainline switches.Non-intrusive sensors and the Insight cloud-based analytics platform monitor assets and alert users to potential failures before they happen, “transforming traditional remote condition monitoring to a smart decision support tool for preventive and corrective condition-based maintenance,” the company says. Benefits cited by RailComm include lower maintenance costs, improved maintenance efficacy and fewer unplanned train delays.Siemens: A new internal locking machineSiemens offers an array of mainline and yard switch machines for the global marketplace, including internally and externally locked machines, as well as a variety of trailable and non-trailable options, in-tie switch machines, and external locks and point detectors.In addition, Siemens continues to invest in the research and development of switch point monitoring systems to “provide customers with predictive maintenance information to minimize and/or eliminate switch turnout downtime,” the company says.Siemens’ latest development is the Switchguard® S600, an internal locking machine with what the company terms as a “very high level of reliability and safety integrity.” The Switchguard S600 has been independently certified to a SIL4 safety integrity level by TüV Rheinland, the highest safety integrity level achievable for CENELEC, the company says. Available in trailable and non-trailable versions, the S600 is easy to install, has a long service life and has been rated for more than 1 million throwing operations, according to Siemens.voestalpine Nortrak: Next-generation technologySeveral years ago, voestalpine Nortrak combined the fully trailable Racor® 22 switch stand with the Automater® — a powered machine for yard applications — to form the Racor Automater HT. The Automater HT is now in its second generation.The HT is named for the backup mechanical Hand Throw lever that provides full dual control functionality. If problems develop with communications or power systems — or if the hydraulic actuator, hoses and motor are completely removed from the machine — the Automater HT is designed to operate in manual mode in the same way as a traditional mainline switch machine.If anything happens to affect the power drive, there is no need for yard crews to refer to “special fallback instructions” and “maintenance crews don’t need to be called out on overtime for repairs,” the company says.The second-generation unit incorporates a revised clutch design that places key components in a more accessible location, making inspection and maintenance more convenient. It also features a mechanical lock that prevents the hand throw lever from being moved if the selector lever is not first placed in the “HAND” position, the company says.voestalpine Nortrak also has entered the mainline switch machine market with the Unistar HR.The machine features a modular design and a variety of mounting options; it can control, monitor and lock multiple drive points through a single interface to the signal system. The Unistar HR has already been adopted in a number of projects and trials in Canada and the United States, the company says.Vossloh: A direct drive hydraulic switch machineVossloh Signaling Inc.’s TS-4500 direct drive hydraulic switch machine is designed for flat yards and terminal applications. It offers numerous efficiencies, such as minimal linkages and sealed bearings that “ensure reliability, minimize maintenance and lower the overall cost of ownership,” the company says.Featuring a direct drive, the TS-4500 maximizes the available power for throwing any size switch point. It features a range of throw options, including on-site push button, DTMF remote or data radio control, and also can be thrown via a pump action when no power is available.When combined with the Vossloh SIU (switch interface unit) and modular electronics, the TS-4500 switching applications offer “very low power consumption,” and the provided 12V battery allows for more than 200 switch throws, the company says.Available as a stand-alone unit or as part of Vossloh’s RailMaster™ yard control system, the TS-4500 is the cornerstone of the Vossloh Modular Yard Automation (MYA) concept, a scalable solution for remote switch control in flat yards. MYA comprises numerous product modules that can be mixed and matched to achieve specific functionalities; yard control solutions can be tailored to customers’ needs.“TS-4500 is often part of a larger solution that also features a switch occupancy detection subsystem, communication system, comprehensive control system, charging system and even yard management software,” the company says.
Keywords Browse articles on switch machine switch control remote monitoring yard automation predictive analysis RSSI Alstom Ansaldo RailComm Siemens voestalpine Nortrak Vossloh Signaling Contact Progressive Railroading editorial staff.

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