Rail News Home Union Pacific Railroad 11/19/2021 Rail News: Union Pacific Railroad
Union Pacific Railroad has implemented digital technology company OptRail's new Advanced Movement Planner (AMP) technology on the Class I's CADX system.CADX is the UP’s primary system used by dispatchers to manage train movement across the railroad's 23-state network. AMP provides real-time information that will help identify potential delays or disruptions. In some cases, the AMP may be used to automatically correct potential issues without involving a dispatcher, UP officials said in a press release.The technology is based on a mathematical approach, which, unlike rule-based algorithms, allows flexibility when modeling rail operator goals.Implementation of AMP across the 32,000-mile UP system is expected to be finished by year's end.
Railroad News
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Nov
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Rail News Home CSX Transportation 11/19/2021 Rail News: CSX Transportation
At a grand opening ceremony held yesterday, officials with CSX and NCDOT, which shared construction costs, hailed the terminal opening as a positive development for both the regional economy and the nation's supply chain. Photo – NCDOT/CSX
At a grand opening ceremony held yesterday, officials with CSX and NCDOT, which shared construction costs, hailed the terminal opening as a positive development for both the regional economy and the nation's supply chain. Photo – NCDOT/CSX
The Carolina Connector (CCX) intermodal terminal has officially opened for business northeast of Raleigh, North Carolina.
The facility, which is considered one of the most technologically advanced facilities on the CSX network, will help relieve port and highway congestion by adding rail-to-truck transfer capacity for domestic and international container shipments, CSX officials said in a press release.
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Rail News Home Canadian Pacific 11/18/2021 Rail News: Canadian Pacific
Canadian Pacific is issuing a debt offering in the United States and Canada. The net proceeds will be used to help fund CP's acquisition of Kansas City Southern.In the United States, CP is issuing $1.5 billion of 1.35% notes due 2024, $1 billion of 1.75% notes due 2026, $1.4 billion of 2.45% notes due 2031, $1 billion of 3.0% notes due 2041 and $1.8 billion of 3.1% notes due 2051, which will be guaranteed by CP, according to a company press release.The U.S. offering is due to close Dec. 2.In Canada, CP is issuing CA$1 billion of 1.589% notes due 2023 and CA$1.2 billion of 2.54% notes due 2028, which will be guaranteed by CP. The Canadian offering is expected to close Nov. 24.
Canadian Pacific is issuing a debt offering in the United States and Canada. The net proceeds will be used to help fund CP's acquisition of Kansas City Southern.In the United States, CP is issuing $1.5 billion of 1.35% notes due 2024, $1 billion of 1.75% notes due 2026, $1.4 billion of 2.45% notes due 2031, $1 billion of 3.0% notes due 2041 and $1.8 billion of 3.1% notes due 2051, which will be guaranteed by CP, according to a company press release.The U.S. offering is due to close Dec. 2.In Canada, CP is issuing CA$1 billion of 1.589% notes due 2023 and CA$1.2 billion of 2.54% notes due 2028, which will be guaranteed by CP. The Canadian offering is expected to close Nov. 24.