Rail transport

Prime Insurance Company Obtains Defense Verdict in Louisiana Courts

Retrieved on: 
Thursday, March 21, 2024
Professional Services, Trucking, Rail, Transport, Legal, Insurance, Other Transport, Injury, Recreation, Accident, Shoulder, AM Best, Rail transport

Prime Insurance Company obtained a defense verdict on March 5, 2024, in the United State District Court Eastern District of Louisiana.

Key Points: 
  • Prime Insurance Company obtained a defense verdict on March 5, 2024, in the United State District Court Eastern District of Louisiana.
  • Prime Insurance Company strategically resolved the lower value claim with the plaintiff engineer in the first car.
  • Rick J. Lindsey, President, CEO and Chairman of Prime Insurance Company states, “We offered the plaintiff $100,000 pre-trial which the plaintiff refused.
  • For more information on Prime Insurance Company, visit www.primeis.com .

Allison Transmission and Yutong Expand Presence in Rwanda

Retrieved on: 
Thursday, March 21, 2024
Automotive, Other Transport, Public Transport, Automotive Manufacturing, Performance & Special Interest, Vehicle Technology, Transport, Manufacturing, Allison Transmission, Growth, Penske Corporation, Multimedia, PGZ, Transmission, Rail transport

Allison Transmission and Yutong Bus Co., Ltd., a leading bus manufacturer in China, are steadfastly growing their presence in Rwanda.

Key Points: 
  • Allison Transmission and Yutong Bus Co., Ltd., a leading bus manufacturer in China, are steadfastly growing their presence in Rwanda.
  • Recently, Kigali, Rwanda's capital city, once again upgraded its fleet with city transit buses equipped with Allison Torqmatic® Series transmissions.
  • View the full release here: https://www.businesswire.com/news/home/20240321544931/en/
    The latest delivery of Allison-equipped city buses arrives in the capital of Rwanda, Kigali, where Yutong buses with Allison Torqmatic® Series automatic transmissions have been in operation since 2014.
  • “Our collaboration with Yutong to deliver transit buses to Rwanda is the latest example of Allison’s continued growth in global export markets,” said Heidi Schutte, Vice President of EMEA, APAC and South America Sales, Allison Transmission.

Plus Appoints Former ZF/WABCO President of the Americas Jon Morrison as Chief Revenue Officer to Drive Global Business Expansion

Retrieved on: 
Wednesday, March 20, 2024
Automotive Manufacturing, Automotive, Technology, Manufacturing, Trucking, Transport, General Automotive, Autonomous Driving, Vehicles, Software, Artificial Intelligence, Logistics, Supply Chain Management, ZF, Bosch, Growth, Entrepreneurship, Partnership, American Axle, Heel, SuperDrive, Plus, IVECO, Retirement, DSV, Multimedia, Level 4, Transurban, WABCO, General Motors, Navistar, Rail transport

Plus, a global leader in autonomous driving software solutions that span from next-generation safety to highly automated and self-driving systems, announced today the appointment of Jon Morrison as inaugural Chief Revenue Officer.

Key Points: 
  • Plus, a global leader in autonomous driving software solutions that span from next-generation safety to highly automated and self-driving systems, announced today the appointment of Jon Morrison as inaugural Chief Revenue Officer.
  • View the full release here: https://www.businesswire.com/news/home/20240320854643/en/
    Plus Appoints Former ZF/WABCO President of the Americas Jon Morrison as Chief Revenue Officer to Drive Global Business Expansion (Photo: Business Wire)
    “Jon’s distinguished career in the automotive industry and proven track record of success in driving business growth with industry-leading products and new market expansion across both passenger cars and commercial vehicles is incomparable.
  • I am delighted to welcome Jon to our executive team and to leverage his expertise to create sustained growth for our business,” said David Liu, CEO and Co-Founder at Plus.
  • Morrison also previously served as president for North America for American Axle & Manufacturing, where he led a multi-billion dollar revenue business focused on the passenger car and light vehicle market.

Leonid Capital Partners Bolsters Space Portfolio with $6.25MM Investment in Phase Four

Retrieved on: 
Wednesday, March 13, 2024
Other Defense, Aerospace, Manufacturing, Government Technology, Finance, Consulting, Banking, Business, Professional Services, Defense, Other Transport, Air, Transport, Machinery, Engineering, Partnership, National security, General partnership, Government, Phase 4, Rail transport

Leonid Capital Partners, a leading investment firm focused on high-growth technology companies working in the National Security industry, today announced a new $6.25MM financing for Phase Four, a revolutionary aerospace company developing advanced propulsion systems for the next generation of space vehicles.

Key Points: 
  • Leonid Capital Partners, a leading investment firm focused on high-growth technology companies working in the National Security industry, today announced a new $6.25MM financing for Phase Four, a revolutionary aerospace company developing advanced propulsion systems for the next generation of space vehicles.
  • Phase Four plays a critical role in the future of space and national security.
  • “We are thrilled to partner with Phase Four as they develop groundbreaking propulsion systems that will shape the future of space exploration,” said James Parker from Leonid Capital Partners.
  • “This partnership with LEONID is a significant milestone for Phase Four,” said Steve Kiser, CEO of Phase Four and General Partner of Veteran Ventures Capital.

Accelera fuel cells power locomotive in Austrian project HY2RAIL

Retrieved on: 
Wednesday, March 13, 2024
Rail, Automotive, Transport, Alternative Energy, Alternative Vehicles, Fuels, Energy, Hydrogen, OTM, Vibration, Organization, Original equipment manufacturer, OBB, Partnership, Shock, Light, Electronics, Software, CMI, Hydrogen technologies, Multimedia, Rail transport

Replacing typical diesel generators, Accelera fuel cells now serve as the primary power unit in the conversion project of a light On Track Machine (OTM) Vehicle in Austria developed for the HY2RAIL project.

Key Points: 
  • Replacing typical diesel generators, Accelera fuel cells now serve as the primary power unit in the conversion project of a light On Track Machine (OTM) Vehicle in Austria developed for the HY2RAIL project.
  • View the full release here: https://www.businesswire.com/news/home/20240313776335/en/
    Freight locomotive powered by Accelera fuel cells.
  • (Photo: Business Wire)
    In partnership with the Austrian railway authority ÖBB, recognized for managing one of Europe's most advanced railway systems, the HY2RAIL project demonstrates how fuel cells can sustainably meet the power needs of heavy-duty freight locomotives.
  • To power the locomotive, m.ZERO, an Austrian engineering consultancy, integrated Accelera fuel cell power modules into a strong 120kW system.

Powering America’s Commercial Transportation Statement on U.S. Zero-Emission Freight Corridor Strategy

Retrieved on: 
Wednesday, March 13, 2024
Environment, Trucking, EV, Electric Vehicles, Advocacy Group Opinion, Automotive, Environmental Policy, Transport, Public Policy, Government, White House, Federal Government, Fleet Management, ZEV, Administration, EPA, DOE, PACT, Joint, Movement, Rail transport

Powering America’s Commercial Transportation (PACT) welcomes the recently released Biden-Harris Administration’s National Zero-Emission Corridor Strategy, a plan to electrify the nation’s freight-hauling system to attain zero-emission goods movement by 2040.

Key Points: 
  • Powering America’s Commercial Transportation (PACT) welcomes the recently released Biden-Harris Administration’s National Zero-Emission Corridor Strategy, a plan to electrify the nation’s freight-hauling system to attain zero-emission goods movement by 2040.
  • “We’re pleased to see the Administration prioritize an all-of-government, market-driven approach to deploying accessible and reliable ZEV infrastructure,” said Dawn Fenton, PACT Board Chair.
  • “Scaling a national network of zero-emission freight corridors requires deep, cross-sector collaboration.
  • Many of our members – which include medium- and heavy-duty (M/HD) vehicle manufacturers, charging infrastructure developers and electric utilities, who are investing heavily in the future of zero-emission commercial transportation – helped to inform this strategy.

TEAMSTERS RAIL CONFERENCE CELEBRATES NEW FEDERAL RULE MANDATING TWO-PERSON CREWS

Retrieved on: 
Wednesday, April 3, 2024
Congress, Brotherhood, Conference, BLET, International Brotherhood of Teamsters, Transport, Safety, Swiss Federal Railways, Department of transportation, Rail transport by country, Rail transport

WASHINGTON, April 3, 2024 /PRNewswire/ -- The Teamsters Rail Conference celebrated the unveiling of a new federal rule that requires a minimum of two crew members on board most freight trains. This rulemaking comes after 13 years of tireless advocacy to protect and mandate crew sizes by the Brotherhood of Locomotive Engineers and Trainmen (BLET) and the Teamsters Rail Conference.

Key Points: 
  • WASHINGTON, April 3, 2024 /PRNewswire/ -- The Teamsters Rail Conference celebrated the unveiling of a new federal rule that requires a minimum of two crew members on board most freight trains.
  • This rulemaking comes after 13 years of tireless advocacy to protect and mandate crew sizes by the Brotherhood of Locomotive Engineers and Trainmen (BLET) and the Teamsters Rail Conference.
  • "Requiring two crew members to operate a multi-ton freight train that is several miles long should be common sense, but now, there is thankfully a rule that mandates it," said Mark Wallace, President of the Teamsters Rail Conference.
  • The Teamsters look forward to continuing to work alongside state and federal officials on much-needed rail safety measures and making sure that the voices of rail workers are heard."

CAPITOL CORRIDOR JOINT POWERS AUTHORITY'S MANAGING DIRECTOR, ROBERT PADGETTE, APPOINTED BY THE SURFACE TRANSPORTATION BOARD TO THE 'FIRST-EVER' PASSENGER RAIL ADVISORY COMMITTEE

Retrieved on: 
Wednesday, April 3, 2024
STB, Surface Transportation Board, Capitol Corridor, Environment, PRAC, Rail transport

OAKLAND, Calif., April 3, 2024 /PRNewswire/ -- Capitol Corridor Joint Powers Authority (CCJPA) proudly announces the appointment of its Managing Director, Robert Padgette, to the Surface Transportation Board (STB)'s newly formed Passenger Rail Advisory Committee (PRAC).

Key Points: 
  • OAKLAND, Calif., April 3, 2024 /PRNewswire/ -- Capitol Corridor Joint Powers Authority (CCJPA) proudly announces the appointment of its Managing Director, Robert Padgette, to the Surface Transportation Board (STB)'s newly formed Passenger Rail Advisory Committee (PRAC).
  • "I am truly honored by this appointment to join a group of esteemed rail industry leaders," said Padgette.
  • "I look forward to serving alongside them, examining the multifaceted issues impacting passenger rail systems nationwide for years to come."
  • The PRAC's activities include providing information, advice, and recommendations to the Board on issues impacting the development and operations of passenger rail services, including: improving efficiency on passenger rail routes; reducing disputes between passenger rail carriers and freight rail hosts regarding the use of freight-owned facilities and infrastructure for passenger service, including passenger on-time performance issues; and improving regulatory processes related to intercity passenger rail to the benefit of the public, the communities served by passenger rail, and the environment.

Truck Stops, Fuel Marketers Respond to Heavy-Duty Greenhouse Gas Rule

Retrieved on: 
Friday, March 29, 2024
Carbon, NATSO, Administration, Investment, Private sector, Rail transport

ALEXANDRIA, Va., March 29, 2024 /PRNewswire/ -- NATSO, representing America's travel plazas and truck stops, and SIGMA: America's Leading Fuel Marketers, issued the following statement in response to the Biden Administration's Heavy-Duty Vehicle Greenhouse Gas Regulations and Standards Final Rule.

Key Points: 
  • ALEXANDRIA, Va., March 29, 2024 /PRNewswire/ -- NATSO, representing America's travel plazas and truck stops, and SIGMA: America's Leading Fuel Marketers, issued the following statement in response to the Biden Administration's Heavy-Duty Vehicle Greenhouse Gas Regulations and Standards Final Rule.
  • "Unfortunately, today's Final Rule represents only a modest improvement from the proposed rule.
  • The Administration's Final Rule does not adequately consider the challenges that fuel retailers face in transitioning to heavy-duty truck electrification.
  • The Administration's Final Rule also does not recognize the need to support lower carbon alternatives to diesel fuel that are currently commercially viable, such as biodiesel and renewable diesel.

AC Direct Announces NASCAR Sponsorship of Greg Van Alst

Retrieved on: 
Friday, March 29, 2024
Pressure, Partnership, Air conditioning, Life, HVAC, Weather, Rail transport

WINTER PARK, Fla., March 29, 2024 /PRNewswire-PRWeb/ -- This strategic move into the fast-paced world of NASCAR represents a significant milestone for AC Direct. The company's brand will be showcased at one of America's most beloved sporting events, aligning with the passion and competitive spirit that NASCAR embodies.

Key Points: 
  • AC Direct, renowned for its state-of-the-art air conditioning systems, is proud to announce its latest high-velocity partnership with Greg Van Alst from Van Alst Motorsports for the NASCAR racing series.
  • WINTER PARK, Fla., March 29, 2024 /PRNewswire-PRWeb/ -- This strategic move into the fast-paced world of NASCAR represents a significant milestone for AC Direct.
  • "Emblazoning the AC Direct logo on car #35 offers brand visibility and showcases our drive to achieve excellence and the relentless pursuit of being the best," said Michael Haines, founder of AC Direct.
  • As AC Direct ventures into this sponsorship, the company anticipates an increase in engagement with racing enthusiasts and looks forward to the mutual benefits this partnership will bring.