Rail transport

NETA Unveiled a New SUV Model NETA L This April

Retrieved on: 
Wednesday, April 24, 2024

With a drag coefficient as low as 0.258Cd, NETA L outperforms ordinary sedans aerodynamically despite its SUV body.

Key Points: 
  • With a drag coefficient as low as 0.258Cd, NETA L outperforms ordinary sedans aerodynamically despite its SUV body.
  • Furthermore, NETA L will introduce a pure electric version, becoming the first model equipped with the CATL's Shenxing power battery long-life L series.
  • With this fusion of double 'L', NETA L continues the pioneering spirit of NETA, contributing further to the rapid development of China's automotive industry.
  • In the second half of 2024, NETA Auto plans to launch NETA L in over 20 countries worldwide, allowing global users to enjoy the intelligent and convenient experience NETA L offers.

Mullen’s New High Energy Facility Marks Phase One Completion of Battery Pack Assembly Line

Retrieved on: 
Monday, April 22, 2024

BREA, Calif., April 22, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the first phase completion of battery line integration at its high energy facility located in Fullerton, California. The southern California facility is dedicated to producing next-generation American-made EV battery packs, a critical component to the Company’s commitment to zero emissions and to reducing reliance on key battery components imported from foreign countries. 

Key Points: 
  • (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the first phase completion of battery line integration at its high energy facility located in Fullerton, California.
  • The operationalization of the plant includes a series of planned stages which began with facility preparations and quickly transitioned to the move and installation of battery assembly line equipment.
  • The phase one project culminated in the successful startup, debugging, and early-stage commissioning of the initial two battery assembly lines.
  • Production line start is currently targeted for early 2025 and at volume production, Mullen expects to hire over 200 people for both battery production and operational support.

CSX Unveils Its First Hydrogen-Powered Locomotive in Collaboration with CPKC

Retrieved on: 
Tuesday, April 16, 2024

JACKSONVILLE, Fla., April 16, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has unveiled its first hydrogen-powered locomotive, marking a significant milestone in sustainable freight transportation.

Key Points: 
  • JACKSONVILLE, Fla., April 16, 2024 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) has unveiled its first hydrogen-powered locomotive, marking a significant milestone in sustainable freight transportation.
  • The hydrogen locomotive was converted from an existing diesel locomotive using a hydrogen conversion kit developed by CKPC.
  • The transformation took place at the CSX locomotive shop in Huntington, W.Va.
    "The successful debut of our first hydrogen-powered locomotive stands as a testament to the exceptional skill and dedication of our employees at the CSX Huntington locomotive shop," said CSX President and Chief Executive Officer Joe Hinrichs.
  • This groundbreaking locomotive makes its debut less than 12 months after the collaboration between CSX and CPKC was announced in the summer of 2023.

Rail Vision Seeks to Expand US Market Reach with AI- Driven Safety Systems Through Distribution Engagement

Retrieved on: 
Monday, April 15, 2024

On March 18, 2023, the Company revealed its intention to broaden its sales operations in the US by collaborating with a top distributor to promote its unique products.

Key Points: 
  • On March 18, 2023, the Company revealed its intention to broaden its sales operations in the US by collaborating with a top distributor to promote its unique products.
  • Furthermore, Rail Vision aims to solidify its standing as a premier provider of safety products by directly engaging with and selling to industry leaders, Class I railroad companies, and top-tier players within the US railway sector.
  • The distributor develops leading engineering, science and advanced technological solutions for passenger, transit and freight rail markets for governments and private entities worldwide.
  • Upon the execution of definitive documentation, the ultimate objective of this engagement is for the distributor to market the Company's solutions across North America.

Brightline West Selects Siemens to Manufacture High Speed Rail Train Sets

Retrieved on: 
Wednesday, May 1, 2024

Today, Brightline announced that Siemens Mobility (Siemens) has been designated the “preferred bidder” to build train sets for the Brightline West high-speed rail project that will connect Las Vegas and Southern California.

Key Points: 
  • Today, Brightline announced that Siemens Mobility (Siemens) has been designated the “preferred bidder” to build train sets for the Brightline West high-speed rail project that will connect Las Vegas and Southern California.
  • The selection, which is subject to the conclusion of definitive agreements, is based on specific criteria that included price, manufacturing schedule, train performance (e.g.
  • “Just as we redefined train travel with our trainsets for Brightline Florida, we are excited to pioneer this new frontier of manufacturing and development for Brightline West,” said Michael Reininger, Brightline’s CEO.
  • Brightline partnered with Siemens Mobility to develop the Venture series train sets, which debuted in 2018 on the company’s Florida system.

Union Pacific Honors Companies for Safe Chemical Transportation

Retrieved on: 
Tuesday, April 30, 2024

Union Pacific Railroad today announced that 137 companies are winners of the 2023 Pinnacle Award for their dedication and commitment to safely transporting chemicals by rail.

Key Points: 
  • Union Pacific Railroad today announced that 137 companies are winners of the 2023 Pinnacle Award for their dedication and commitment to safely transporting chemicals by rail.
  • The annual award honors customers who implement release prevention protocols, corrective action plans and have zero non-accident releases of regulated hazardous materials shipments.
  • “Our customers share our commitment to the safe transportation of chemicals, and we have a collaborative goal of protecting the environment and communities along our rail network.”
    Union Pacific shares the same target as these companies to deliver every tank car safely.
  • Hazmat teams are located regionally across Union Pacific’s network with a four-prong mission: Prevention, Preparedness, Response and Recovery.

Union Pacific Highlights Commitment to Safety, Community and Sustainability in 2023 Building America Report

Retrieved on: 
Monday, April 29, 2024

Union Pacific Railroad today released its annual Building America Report, highlighting progress on key goals, including safety and sustainability, as well as the development and testing of a new cutting-edge hybrid battery-electric locomotive.

Key Points: 
  • Union Pacific Railroad today released its annual Building America Report, highlighting progress on key goals, including safety and sustainability, as well as the development and testing of a new cutting-edge hybrid battery-electric locomotive.
  • A key highlight in the report was Union Pacific’s partnership with ZTR, a leading rail technology company, to design and build hybrid-electric locomotives.
  • Union Pacific also improved on key safety metrics in 2023, underscoring its comprehensive and enhanced approach to safety.
  • Now fully comprehensive, the Building America Report will be released biennially, with a separate data supplement published annually.

Global Hydrogen Fuel Cell Trains Market 2024-2038 with Alstom Dominating the $650+ Billion Industry - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 25, 2024

The "Global Market for Hydrogen Fuel Cell Trains, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Market for Hydrogen Fuel Cell Trains, 2024" report has been added to ResearchAndMarkets.com's offering.
  • The sales of hydrogen fuel cell trains will generate a cumulative revenue of $653.6 billion over the next 15 years.
  • The study highlights the significance of transition of trains and locomotives to the use of hydrogen as a fuel.
  • The train vendor currently spearheading the market is Alstom, but several other train manufacturers are making waves in the market.

CTtransit Selects ChargePilot® to Smart Charge Electric Buses at 3 Sites Statewide

Retrieved on: 
Tuesday, April 16, 2024

CTtransit, the largest public transit provider in Connecticut, has selected The Mobility House to manage the charging of its electric buses at three sites statewide.

Key Points: 
  • CTtransit, the largest public transit provider in Connecticut, has selected The Mobility House to manage the charging of its electric buses at three sites statewide.
  • View the full release here: https://www.businesswire.com/news/home/20240416310659/en/
    CTtransit will install infrastructure for 23 electric buses at 3 sites.
  • (Photo: CTtransit)
    “We are thrilled to be working with CTtransit to manage the charging of their electric buses,” said Greg Hintler, CEO, North America of The Mobility House.
  • “With the addition of electric bus smart charging at these three sites, we are taking a meaningful step towards our fleet electrification goal,” said CTtransit general manager Thomas Stringer.

NORFOLK SOUTHERN INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Norfolk Southern Corporation - NSC

Retrieved on: 
Saturday, April 13, 2024

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Norfolk Southern Corporation (NYSE: NSC).

Key Points: 
  • Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Norfolk Southern Corporation (NYSE: NSC).
  • Then, on March 4, 2023, another Norfolk Southern freight train derailed near Springfield, Ohio.
  • KSF’s investigation is focusing on whether Norfolk Southern’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms.