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Feb
21

TSB: More rail accidents reported last year in Canada

In 2017, 1,090 railway accidents were reported to the Transportation Safety Board of Canada (TSB), a 21 percent increase over 2016 but close to the five-year average of 1,028, the board reported yesterday.

There were 77 rail-related fatalities in 2017 — 11 more than the previous year and two more than the five-year average, according to the TSB's preliminary statistics report on transportation occurrences.

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Feb
21

Progressive Railroading's 2018 Finance & Leasing Guide: Professional services/consulting

Part 6 : Progressive Railroading's 2018 Finance & Leasing Guide: Professional services/consulting

abh consulting — transportation analysis & consulting

1230 Park Ave. Suite 4A, New York, NY 10128
212-595-0457; Cell: 917-520-7101
www.abhatchconsulting.com

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Feb
21

Progressive Railroading's 2018 Finance & Leasing Guide: Lessors

American Railcar Industries Inc.

See EQUIPMENT PROVIDERS/EQUIPMENT MANAGEMENT SERVICES

The Andersons Inc.

480 W. Dussel Drive, Maumee, OH 43537
419-893-5050 | https://andersonsrail.com/leasing-sales

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Feb
21

Progressive Railroading's 2018 Finance & Leasing Guide: Investment banks

Rail News Home Mechanical February 2018 Part 1 : Progressive Railroading's 2018 Finance & Leasing Guide: Banks Part 2 : Progressive Railroading's 2018 Finance & Leasing Guide: Equipment providers/Equipment Management Services Part 3 : Progressive Railroading's 2018 Finance & Leasing Guide: Finance Companies Part 4 : Progressive Railroading's 2018 Finance & Leasing Guide: Investment banks Part 5 : Progressive Railroading's 2018 Finance & Leasing Guide: Lessors Part 6 : Progressive Railroading's 2018 Finance & Leasing Guide: Professional services/consulting Rail News: Mechanical

DVB Bank SE Representative Office New YorkSee BANKSEdgePoint Capital Advisors LLC2000 Auburn Drive, Suite 330, Beachwood, OH 44122
216-342-5859 | Fax: 216-831-2464
www.edgepoint.com | This email address is being protected from spambots. You need JavaScript enabled to view it.Description of services: EdgePoint, which has 20 M&A professionals, is a national investment bank “with global reach” that advises clients on sale, divestiture, acquisition, financing and similar middle-market transactions. EdgePoint has more than a decade of transaction and industry experience in and “a special commitment to” serving the railroad and supply industries, according to the company. EdgePoint is a member of FINRA, SIPC and the Alliance of International Corporate Advisors. In 2017, EdgePoint advised on the sale of RailPros to Bow River; American Turbocharger to A. Stucki and Aero Transportation Products to Wabtec.Contact: Russell J. Warren, Managing Director
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Feb
21

Progressive Railroading's 2018 Finance & Leasing Guide: Finance Companies

Rail Insider-Progressive Railroading's 2018 Finance & Leasing Guide: Finance Companies. Information For Rail Career Professionals From Progressive Railroading Magazine

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Feb
21

Progressive Railroading's 2018 Finance & Leasing Guide: Equipment providers/Equipment Management Services

Part 2 : Progressive Railroading's 2018 Finance & Leasing Guide: Equipment providers/Equipment Management Services

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Feb
21

Progressive Railroading's 2018 Finance & Leasing Guide: Banks

Rail News Home Mechanical February 2018 Part 1 : Progressive Railroading's 2018 Finance & Leasing Guide: Banks Part 2 : Progressive Railroading's 2018 Finance & Leasing Guide: Equipment providers/Equipment Management Services Part 3 : Progressive Railroading's 2018 Finance & Leasing Guide: Finance Companies Part 4 : Progressive Railroading's 2018 Finance & Leasing Guide: Investment banks Part 5 : Progressive Railroading's 2018 Finance & Leasing Guide: Lessors Part 6 : Progressive Railroading's 2018 Finance & Leasing Guide: Professional services/consulting Rail News: Mechanical

DVB Bank SE Representative Office New York100 Park Ave., Suite 1301, New York, NY 10017
212-858-2616 | Fax: 212-858-2670
www.dvbbank.comDescription of services: DVB Bank’s Land Transport Finance Division, with New York and Frankfurt offices and a dedicated rail team, provides senior-secured asset financing loans for new/used rail cars and locomotives for operating companies, as well as equipment manufacturers and leasing companies. Product offerings include structured debt into leveraged leases, mezzanine and junior debt, mortgage financing and debt underwriting ABS liquidity facilities, as well as international mergers and acquisitions advisory, debt and equity capital markets advice, including asset backed securities.Contact: United States — Joe Devoe, Managing Director and Chief Representative, This email address is being protected from spambots. You need JavaScript enabled to view it., 212-858-2616. Europe — Martin Metz, Managing Director and Head of Land Transport Finance, This email address is being protected from spambots. You need JavaScript enabled to view it., +49-69-97504-350PNC Equipment Finance995 Dalton Ave., Cincinnati, OH 45203
513-455-9617
www.pnc.com/efDescription of services: Provider of rail-car lease, loans and financial solutions.Wells Fargo RailSee LESSORS
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Feb
20

Los Angeles Metro marks 25th anniversary

Rail News Home Passenger Rail 2/20/2018 Rail News: Passenger Rail
At another event last month, L.A. Metro CEO Phil Washington marked the 25th anniversary of the Red Line.Photo – Juan Ocampo for Metro

The Los Angeles County Metropolitan Transportation Authority (Metro) late last week marked its 25th anniversary.

Board members, elected officials and community stakeholders joined Los Angeles Mayor Eric Garcetti for a Feb. 15 ceremony to mark the occasion. The event took place at Los Angeles Union Station.

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Feb
20

FTZ warehouse opens near JAXPORT

North Florida Warehouse FTZ, a division of JZ Expedited Cos., last week marked the opening of Freight Trade Zone No. 64's first outdoor storage facility near the Jacksonville Port Authority (JAXPORT).

Located minutes from JAXPORT's North Jacksonville terminals, the 3.7-acre facility provides flexible short- and long-term outdoor storage options for vehicles, high and heavy, tracked units, project and over-dimensional cargo, containers, breakbulk and other cargo varieties, company officials said in a press release.

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Feb
20

Caltrain launches grade crossing improvement projects

Rail News Home Safety 2/20/2018 Rail News: Safety
Crews are installing new pedestrian gate arms, along with new roadway markers and bumps along the crosswalk.Photo – Caltrain's Twitter account

Caltrain last week began construction to improve three grade crossings in Redwood City, California.

Crews are installing new pedestrian gate arms, as well as new guard rails and signage to channel pedestrians toward crosswalks. Workers also will install roadway markers and bumps along the crosswalk so vehicles don't accidentally turn onto the tracks, Caltrain officials said in a press release.

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Feb
20

North Dakota rail safety inspectors issued 49 violations in 2017

The North Dakota Public Service Commission (PSC) earlier this month released 2017 inspection data from the agency's Railroad Safety Program, which identifies defects and violations that may result in accidents.

The program's two inspectors focus on two disciplines: track and motor power and equipment (mechanical). Statistics show those areas contribute to the largest number and most severe accidents in the state, PSC officials said in a press release.

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Feb
20

Ontario OKs backup power contract for Eglinton Crosstown light rail

Rail News Home Passenger Rail 2/20/2018 Rail News: Passenger Rail
The facility will be located at the site of the future Mount Dennis Station.Photo – thecrosstown.ca

Ontario and electricity provider Toronto Hydro have awarded a contract to Renewable Energy Systems Canada Inc. to design and build a battery energy storage facility for the future Eglinton Crosstown light-rail line.

The facility will store energy generated at night during off-peak hours and supply energy the following day to reduce peak energy usage. The facility also will provide emergency power to Crosstown line in the event of a power interruption, according to a press release issued by the Ontario Ministry of Transportation.

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Feb
20

North Carolina Railroad takes on drainage project in High Point

Rail News Home Short Lines & Regionals 2/20/2018 Rail News: Short Lines & Regionals
Workers place concrete panels for new retaining wall south of Wrenn Avenue in High Point.Photo – North Carolina Railroad

The North Carolina Railroad Co. and city of High Point have agreed to work together on $5.1 million worth of improvements to the railroad's corridor and drainage in the city's downtown.

The rail line through downtown High Point is located within a cut below street level and includes bridges crossing above the track. The company will partner with the city and Norfolk Southern Railway on improvements to the railroad slopes and the stormwater drainage on the streets adjacent to the railroad.

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Feb
20

The pressure on, SEPTA gets it right for a victory parade

SEPTA provided about 1 million trips the day of the Eagles' Super Bowl parade in Philadelphia.Photo – Matthew Courchain, SEPTA

By This email address is being protected from spambots. You need JavaScript enabled to view it., Senior Associate Editor

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Feb
20

Baltimore transit agency unveils subway closure details

Rail News Home Maintenance Of Way 2/20/2018 Rail News: Maintenance Of Way
Inspectors found that the gauge face angle exceeded internal standards on 11 sections of elevated track.Photo – Maryland Transit Administration's YouTube account

Unexpected rail wear led to last week's systemwide closure of the Maryland Transit Administration's (MTA) subway network in Baltimore.

Inspectors found that the gauge face angle (GFA) — a factor used to calculate rail wear —exceeded internal standards on 11 sections of elevated track. GFA is the measurement of wear that occurs on the part of the rail that comes in contact with trains' wheels.

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Feb
20

CP offers new service for shipping perishables

Canadian Pacific has launched CP TempPro™ for shipping perishable products, the Class I announced yesterday.

The new service will enable CP to grow its business with perishable protective service (PPS) customers. CP has a growing fleet of PPS to transport products that require strict temperature settings.

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Feb
20

Data visualization, actionable insights key to Big Data applications

The opportunities to use Big Data to drive efficiency and improve safety are plentiful, but railroaders may face a steep learning curve when it comes to sorting through the sheer volume of information produced by new technologies.

For instance, data generated by automated track geometry units can be “overwhelming to a lot of people,” said Amtrak Principal Engineer-Track Geometry Michael Craft during his presentation at the University of Delaware’s Big Data in Railroad Maintenance Planning conference, which ran Dec. 14-15.

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Feb
19

MOW: Big Data in railroading moves from theory to practice

Amtrak's former CEO Wick Moorman (at podium) moderates a panel with freight- and passenger-rail IT leaders.Photo – Daniel Niepow

By This email address is being protected from spambots. You need JavaScript enabled to view it., Associate Editor

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Feb
16

Rail supplier news from Brookville, Stantec, FOSA and Bombardier (Feb. 16)

Brookville Equipment Corp. this week delivered the first of seven Liberty streetcars to Oklahoma City. The off-wire capable units were delivered as part of a $33.7 million contract, which covers the design, engineering and manufacturing of the vehicles, along with spare parts, training, and service and warranty support. The city's streetcar system is slated to begin revenue service later this year. The Liberty streetcars will operate in downtown Oklahoma City on two routes: a 2-mile east-west loop and a 4.9-mile north-south loop. The city is the third American city to receive Brookville's modern streetcar since 2015. The company also has delivered streetcars to Dallas Area Rapid Transit and Detroit's QLINE system.

Stantec was selected as lead engineer on a $1.9 billion design-build expansion project for MTA Long Island Rail Road (LIRR) in Nassau County, New York. The Metropolitan Transportation Authority's board in December approved a contract with the 3rd Track Constructors consortium, which includes Dragados USA Inc., John P. Picone Inc., CCA Civil Inc., and Halmar International LLC. As the consortium's lead engineer, Stantec will lead all rail, building and infrastructure improvements for the project, which involves adding a third track along a 9.8-mile stretch of LIRR's track between Floral Park and Hicksville. The project is among Stantec's largest transportation programs, according to a company press release.

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Feb
16

Amtrak employees ratify SMART TD contract

Rail News Home Amtrak 2/16/2018 Rail News: Amtrak
Amtrak conductors, assistant conductors and yardmasters represented by SMART Transportation Division General Committees of Adjustment have ratified a tentative agreement that was reached last month.Effective April 1, the agreement provides a compounded 18.83 percent pay increase over the life of the contract, which runs through 2021, plus retroactive pay, according to a SMART TD press release.The contract also caps monthly health care contributions, adds telemedicine services and establishes a lower-cost health plan available to employees on Jan. 1, 2019.SMART TD President John Previsich and vice presidents John England and John Lesniewski led the negotiating team.A synopsis of the agreement is available here.

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