Railroad News

ECN Capital Corp. has agreed to sell $1.487 million worth of rail-car assets to affiliates of ITE Management LP and Napier Park Global Capital. The ITE transaction closed Aug. 4, and ECN expects the Napier Park deal to close in third-quarter 2017. The assets sold represent 65 percent of ECN's rail portfolio. The sale will further position ECN to capitalize on strategic growth opportunities and free up $400 million of capital, said ECN Chief Executive Officer Jim Nikopoulos in a press release.

Wi-Tronix LLC yesterday announced that it will provide its advanced video analytics solution Violet™ to Ferrocarril Mexicano S.A. de C.V. (Ferromex). The technology provides streaming video and associated data to railroads through a cloud-based Software-as-a-Service solution. Violet is aimed at helping railroads improve their operational efficiency and safety. For Ferromex, the technology's camera system will help further ensure the safety of the railroad's crew and security of its assets and cargo, Wi-Tronix officials said in a press release.

The Port of Manatee has already set an annual record in container volume, with two months remaining in the current fiscal year, the Florida port announced earlier this week.

During the 10-month period between Oct. 1, 2016, and July 31, 2017, the port logged 32,901 20-foot-equivalent units (TEUs), significantly more than the Florida Gulf port's full-year high mark of 30,432 TEUs set in fiscal-year 2010, port officials said in a press release.

RailTrends® 2017 has unveiled the agenda for its two-day conference, which will be held Nov. 30-Dec. 1 at the New York Marriott Marquis in New York City.

Presented by Progressive Railroading, the conference presenters will include John "Jack" Hellmann, president and chief executive officer of Genesee & Wyoming Inc. Hellmann will receive the 2017 Railroad Innovator Award from Progressive Railroading and RailTrends.

The American Civil Liberties Union (ACLU) has filed a lawsuit against the Washington Metropolitan Area Transit Authority (WMATA) for the agency's restrictions on advertising in train stations, subway cars and buses.

WMATA's guidelines ban ads that are "intended to influence public policy," according to an ACLU press release. WMATA also prohibits ads that are "intended to influence members of the public regarding an issue on which there are varying opinions."

The Connecticut Department of Transportation (CTDOT) has awarded a $237 million contract for two MTA Metro-North Railroad track projects to a Cianbro-Middlesex joint venture.

The joint venture will serve as the construction manager/general contractor for the projects. The team was given a notice to proceed yesterday, with construction expected to begin in late September and continue for three years.

Amtrak selected AECOM, in partnership with Network Rail, to conduct an independent review of the interaction, coordination and collaboration between the railroads' various passenger concourses within Penn Station.

The partnership will also provide recommendations to improve the design, functionality, communications, and coordination at this critical station.

Amtrak selected AECOM, in partnership with Network Rail, to conduct an independent review of the interaction, coordination and collaboration between the railroads' various passenger concourses within Penn Station.

The partnership will also provide recommendations to improve the design, functionality, communications, and coordination at this critical station.

Amtrak selected AECOM, in partnership with Network Rail, to conduct an independent review of the interaction, coordination and collaboration between the railroads' various passenger concourses within Penn Station.

The partnership will also provide recommendations to improve the design, functionality, communications, and coordination at this critical station.

The Eglinton Crosstown Light Rail Transit (LRT) project installed the first piece of track at the Maintenance and Storage Facility marking another milestone toward bringing the project online by 2021.

The 19-km (11.8-mile) Eglinton Crosstown LRT will connect Mount Dennis Station in the west with Kennedy Station in the east and includes a 10-km (6.21-mile) underground portion between Keele Street and Laird Drive. The line will bring an additional 25 stations and stops to the Greater Toronto Area that will link to bus routes, three subway stations, three GO Transit lines and the Union Pearson Express.

The Eglinton Crosstown Light Rail Transit (LRT) project installed the first piece of track at the Maintenance and Storage Facility marking another milestone toward bringing the project online by 2021.

The 19-km (11.8-mile) Eglinton Crosstown LRT will connect Mount Dennis Station in the west with Kennedy Station in the east and includes a 10-km (6.21-mile) underground portion between Keele Street and Laird Drive. The line will bring an additional 25 stations and stops to the Greater Toronto Area that will link to bus routes, three subway stations, three GO Transit lines and the Union Pearson Express.

The Eglinton Crosstown Light Rail Transit (LRT) project installed the first piece of track at the Maintenance and Storage Facility marking another milestone toward bringing the project online by 2021.

The 19-km (11.8-mile) Eglinton Crosstown LRT will connect Mount Dennis Station in the west with Kennedy Station in the east and includes a 10-km (6.21-mile) underground portion between Keele Street and Laird Drive. The line will bring an additional 25 stations and stops to the Greater Toronto Area that will link to bus routes, three subway stations, three GO Transit lines and the Union Pearson Express.

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Mike Stickel, 37

Job description: Stickel is responsible for commercial, transportation and mechanical functions at Lake State Railway Co. (LSRC) in Michigan.

Education: B.S. in finance, Indiana University Kelley School of Business

Eighty-two percent of Denton County Transportation Authority (DCTA) riders who participated in a recent survey said they'd recommend the agency's services to a family member or friend.

The Texas agency sent out the surveys in April. A total of 2,617 riders responded, or about 22 percent of DCTA's average daily ridership for that month, agency officials said in a press release.

Bay Area Rapid Transit (BART) last week began preparations for its long-term modernization project at the El Cerrito del Norte Station in Contra Costa County, California.

The agency's contractor removed 42 parking spaces at the corner of the station's parking lot to provide storage and trailer space for the construction crew. The area was fenced off Aug. 2.

All but one of the major freight modes grew since the recession ended in June 2009, with rail intermodal growing the fastest, the U.S. Department of Transportation's Bureau of Transportation Statistics (BTS) reported last week.

From June 2009 to December 2016, the rail-intermodal mode grew 50.6 percent based on seasonally adjusted data that comprises the freight Transportation Services Index (TSI), BTS officials said in a press release.

The Massachusetts Bay Transportation Authority (MBTA) will finish installing positive train control (PTC) on the Newburyport/Rockport Line by Aug. 27, a month ahead of schedule.

As a result, weekend PTC installation on the Needham Line will begin several weeks earlier than planned, MBTA officials said in a press release.

U.S. railroads moved 554,822 carloads and intermodal units in the week that ended Aug. 5, a 4.3 percent increase compared with the same period a year ago, according to Association of American Railroads (AAR) data.

The railroads logged total carloads of 273,199 units, up 1.9 percent compared with the same week in 2016. U.S. weekly intermodal volume was 281,623 containers and trailers, up 6.8 percent compared to 2016.