Rail transport

Ancora’s Proposed Management Team and Director Candidates to Participate in Fireside Chat with Deutsche Bank on the Value Creation Opportunity at Norfolk Southern

Retrieved on: 
Friday, April 12, 2024

To join in the upcoming virtual discussion, contact your Deutsche Bank representative or Mr. Mehrotra directly at [email protected] .

Key Points: 
  • To join in the upcoming virtual discussion, contact your Deutsche Bank representative or Mr. Mehrotra directly at [email protected] .
  • For information on how to vote for Ancora’s slate of seven highly qualified director candidates on the BLUE Proxy Card, visit www.MoveNSCForward.com .
  • Mr. Barber is a shipping and logistics industry veteran with experience in finance, strategic planning and risk management at one of the country’s largest railroad customers.
  • Mr. Boychuk is a lifelong railroader with the safety record and scheduled railroading acumen needed to help turn around Norfolk Southern.

Behind the reveal: See how we debuted the 2025 INFINITI QX80 100 stories above Manhattan

Retrieved on: 
Thursday, April 11, 2024

INFINITI revealed its all-new 2025 INFINITI QX80 at Edge in Hudson Yards, the highest outdoor sky deck in the Western Hemisphere.

Key Points: 
  • INFINITI revealed its all-new 2025 INFINITI QX80 at Edge in Hudson Yards, the highest outdoor sky deck in the Western Hemisphere.
  • View the full release here: https://www.businesswire.com/news/home/20240411615294/en/
    INFINITI revealed its all-new 2025 INFINITI QX80 at Edge in Hudson Yards, the highest outdoor sky deck in the Western Hemisphere.
  • Getting the full-size luxury SUV onto Edge took 40 days, 4,300 man hours and nearly 100 elevator trips to execute.
  • Clients interested in more information on the all-new 2025 INFINITI QX80 can visit www.new-QX80.com .

Union Pacific’s Famed ‘Big Boy No. 4014’ Preparing for Westward Summer Tour

Retrieved on: 
Wednesday, April 10, 2024

4014, the world’s largest steam locomotive, will return to the rails this summer with a scenic tour across mountain ranges and high desert vistas in four western states: Wyoming, Utah, Nevada and California.

Key Points: 
  • 4014, the world’s largest steam locomotive, will return to the rails this summer with a scenic tour across mountain ranges and high desert vistas in four western states: Wyoming, Utah, Nevada and California.
  • The monthlong “Big Boy Westward Bound” tour, which starts June 30, will honor Union Pacific’s rich railroad legacy and celebrate the railroad’s employees and communities it serves.
  • “The Big Boy locomotive symbolizes the pivotal role railroads played in shaping our nation’s history, and the technological advances we have witnessed within our industry,” said Union Pacific CEO Jim Vena.
  • During the tour, the Union Pacific Museum will host a special passenger trip.

Wireless Trains and Fuel Economy - IDTechEx Explores the Potential Behind Electric and Zero-Emission Trains

Retrieved on: 
Friday, April 26, 2024

Fuel economy is a key driver for BEV and FC trains, as fuels such as diesel used to power trains can be expensive and unsustainable.

Key Points: 
  • Fuel economy is a key driver for BEV and FC trains, as fuels such as diesel used to power trains can be expensive and unsustainable.
  • Hybrid trains might be the next step, but it is hoped that trains will be completely electric and will no longer require fuel, increasing the sustainability of rail travel exponentially.
  • In their report, "Battery Electric & Hydrogen Fuel Cell Trains 2023-2043", IDTechEx predicts the electric trains market to grow 10-fold from 2024 to 2044, forecasting just how successful the introduction of BEV trains could be.
  • To find out more about this topic, please see the IDTechEx report "Battery Electric & Hydrogen Fuel Cell Trains 2023-2043" at www.IDTechEx.com/Train .

Wireless Trains and Fuel Economy - IDTechEx Explores the Potential Behind Electric and Zero-Emission Trains

Retrieved on: 
Friday, April 26, 2024

Fuel economy is a key driver for BEV and FC trains, as fuels such as diesel used to power trains can be expensive and unsustainable.

Key Points: 
  • Fuel economy is a key driver for BEV and FC trains, as fuels such as diesel used to power trains can be expensive and unsustainable.
  • Hybrid trains might be the next step, but it is hoped that trains will be completely electric and will no longer require fuel, increasing the sustainability of rail travel exponentially.
  • In their report, "Battery Electric & Hydrogen Fuel Cell Trains 2023-2043", IDTechEx predicts the electric trains market to grow 10-fold from 2024 to 2044, forecasting just how successful the introduction of BEV trains could be.
  • To find out more about this topic, please see the IDTechEx report "Battery Electric & Hydrogen Fuel Cell Trains 2023-2043" at www.IDTechEx.com/Train .

Unipart Rail launches new range of solutions to revolutionise global rail renewal operations

Retrieved on: 
Wednesday, April 24, 2024

OXFORD, England, April 24, 2024 /PRNewswire/ -- Developed in partnership with strategic partner Thomson Engineering Design Ltd, the key features of these groundbreaking machines include:

Key Points: 
  • Unipart Rail today announces the launch of a new range of innovative rail construction, maintenance and renewal machines.
  • Neil McNicholas, Managing Director, Unipart Rail commented: "We are extremely excited to introduce this range of game-changing machines to the global rail industry, alongside our partner Thomson Engineering Design.
  • To propel the advancement and expansion of the product range, Unipart Rail and Thomson Engineering Design Ltd are also developing a transformative solution for global rail panel handling - MoRPH (Mobile Rail Panel Handler).
  • In addition, Unipart Rail also delivers a range of material handling solutions which enhance traditional rail project activities, enabling rail operators to proactively address maintenance challenges and maximise operational uptime.

TRAM VF Announces Flagship Investment in London Ride-Hailing Startup, OUNO

Retrieved on: 
Tuesday, April 23, 2024

LONDON, April 23, 2024 /PRNewswire/ -- Tri Ri Asset Management ("TRAM") is pleased to announce a strategic investment from its flagship venture capital fund, the TRAM Venture Fund ("TRAM VF"), in OUNO, a pioneering executive ride-hailing platform headquartered in London.

Key Points: 
  • LONDON, April 23, 2024 /PRNewswire/ -- Tri Ri Asset Management ("TRAM") is pleased to announce a strategic investment from its flagship venture capital fund, the TRAM Venture Fund ("TRAM VF"), in OUNO, a pioneering executive ride-hailing platform headquartered in London.
  • With thousands of daily B2C users in London alone, OUNO has established itself as a leader in the executive ride-hailing sector.
  • "The strategic expansion into the Middle East is a top priority for both TRAM and OUNO," remarked Asad Ali, Managing Partner of TRAM VF.
  • Together, OUNO and TRAM VF are set to reshape urban mobility and make a lasting impact worldwide.

TRAM VF Announces Flagship Investment in London Ride-Hailing Startup, OUNO

Retrieved on: 
Tuesday, April 23, 2024

LONDON, April 23, 2024 /PRNewswire/ -- Tri Ri Asset Management ("TRAM") is pleased to announce a strategic investment from its flagship venture capital fund, the TRAM Venture Fund ("TRAM VF"), in OUNO, a pioneering executive ride-hailing platform headquartered in London.

Key Points: 
  • LONDON, April 23, 2024 /PRNewswire/ -- Tri Ri Asset Management ("TRAM") is pleased to announce a strategic investment from its flagship venture capital fund, the TRAM Venture Fund ("TRAM VF"), in OUNO, a pioneering executive ride-hailing platform headquartered in London.
  • With thousands of daily B2C users in London alone, OUNO has established itself as a leader in the executive ride-hailing sector.
  • "The strategic expansion into the Middle East is a top priority for both TRAM and OUNO," remarked Asad Ali, Managing Partner of TRAM VF.
  • Together, OUNO and TRAM VF are set to reshape urban mobility and make a lasting impact worldwide.

SEGULA Technologies intensifies its footprint in Canada and starts up its tooling and automation activities

Retrieved on: 
Tuesday, April 23, 2024

After launching in the US a Tooling Automation Systems division dedicated to the automation of production lines in North America, SEGULA Technologies is now starting this activity in Canada for a major aerospace player.

Key Points: 
  • After launching in the US a Tooling Automation Systems division dedicated to the automation of production lines in North America, SEGULA Technologies is now starting this activity in Canada for a major aerospace player.
  • "So far SEGULA Canada has experienced significant success in its product development activities, and we are increasingly undertaking projects in the field of manufacturing engineering and automation.
  • SEGULA Technologies Canada provides essential technical and human resources for the development and commissioning of urban rail transport, notably alongside Alstom.
  • SEGULA Technologies Canada currently employs 200 persons in Ontario, Toronto and Montréal and plans to recruit around 500 engineers by the end of 2025.

IDTechEx Finds Electric Haul Trucks to Become a US$15 Billion Industry

Retrieved on: 
Tuesday, April 23, 2024

The ramp-up in interest from OEMs in electric haul trucks can be attributed to the rising demand from mining companies.

Key Points: 
  • The ramp-up in interest from OEMs in electric haul trucks can be attributed to the rising demand from mining companies.
  • However, IDTechEx expects electric haul trucks will need an additional five battery replacements per vehicle on average, costing an extra US$2.6 million.
  • Electric haul trucks are cheaper to operate, more productive, and far more environmentally friendly, making them the clear winner for the future of the mining industry.
  • It finds that electric haul trucks are on the cusp of significant growth, predicted to be a US$15 billion industry by 2044.