Trinity Industries on July 27 reported second-quarter 2022 GAAP and adjusted earnings that “reflect improvement and momentum and reinforce our optimism for the back half of the year,” according to President and CEO Jean Savage.
RailPulse has a seventh member: Union Pacific, which on June 7 joined the coalition established in late 2020 to “develop, broaden and accelerate the use of GPS and other telematics technologies in North America’s freight rail industry.”
Railinc will develop, maintain and operate RailPulse’s technology platform for monitoring railcar location, condition and health under a 10-year agreement, RailPulse reported on May 31.
David Shannon has been selected as the first General Manager of RailPulse, a coalition of railcar owners, builders and operators whose aim is to “facilitate and accelerate the adoption of GPS and other telematics technology across the North American railcar network to significantly increase visibility, efficiency and safety.”
Trinity Industries, Inc. reported first-quarter results “highlighted by strong orders and deliveries,” according to President and CEO Jean Savage.
Over the past year and a half, I have been interviewing many of the people and companies that are in the business of trying to improve what is normally called “track and trace” and condition reporting of railway cargo and railway rolling stock equipment. Today, it’s called “telematics.”
The Greenbrier Companies, Inc., has signed on with RailPulse, a coalition of railcar owners, builders and operators whose aim is to “aggregate North American railcar fleet data on a single platform” to increase safety and the visibility of customer goods.
Jacksonville, Fla.-based Patriot Rail Co. LLC has appointed Harry Zander as Chief Revenue Officer.
Railway Age and Railway Track & Structures are celebrating rail innovations in September. On Sept. 15, 22 and 29, we will host virtual events showcasing new products and innovations that impact the maintenance-of-way and rail industries.
Railcar demand is on the rise, but so is the price of steel, which Cowen and Company estimates has put a 15%-25% premium on newly built equipment.