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The Golden Spike - September 17, 2002
[Before clicking on the article links below please log on to www.iRail.com from your Internet browser]    

The News This Week 

North American Transit Industry  

Transportation Secretary Mineta Hears Southland Priorities at Regional Forum: More than 170 transportation leaders from across Southern California convened for a unique regional forum with U.S. Secretary of Transportation Norman Mineta even as Congress and the Bush Administration prepare to develop the new comprehensive federal transportation measure known as the Transportation Equity Act (TEA-3).

BART Marks Its 30th Year: Says senior Board member, James Fang of San Francisco - "We must continue to move along with the planned expansions, open the new airport line, which is now targeted for January, complete a major seismic retrofit of the system's infrastructure, and prepare for expansion of passenger capacity.”

Amtrak’s discloses Acela Problems Cost $9M: Amtrak says the equipment problems that sidelined its high-speed Acela Express trains, some of which are still being repaired, cost about $9 million in ticket revenue and an estimated 76,000 passengers last month.

Hudson-Bergen Light Rail To Connect To Hoboken: NJ Transit said that its Hudson-Bergen light-rail service will connect with Hoboken, N.J., starting Sunday, Sept. 29.

Security Bills Languish in Congress: Members of the Senate Committee on Commerce, Science and Transportation said they were concerned that Congress had done little to increase security for non-aviation transportation during a hearing to review progress in aviation security since the terrorist attacks.

Subway Stations Near WTC to Reopen: The Rector Street and South Ferry stations for the No. 1 and No. 9 trains and the Cortlandt Street stop for the N and R lines were reopening for the first time since last year, according to the Metropolitan Transit Authority.

Amtrak to Offer Internet Access: In a test planned for next month, riders in a cafe car on an Amtrak line with stops in Harrisburg, Philadelphia and New York will be able to watch movies and television shows, check e-mail or shop online using interactive touch screens.

To read the complete news stories please visit our website at iRail.com.

North American Freight Industry  

Let Market Forces Prevail, CN's Paul M. Tellier Tells Alberta Government: The Alberta government - a champion of free enterprise - is on the wrong track in pushing for increased federal regulation of Canada's railways, says Paul M. Tellier, president and chief executive officer of Canadian National.

BNSF Named By CIO Magazine as a Leader in Technology and Process Integration: The 2002 CIO-100 recognizes 100 organizations around the world that excel in positive business performance through integrated processes and technology. BNSF was the only railroad among the 100 organizations recognized.

CSX Says Weak Coal Traffic Dampens Third Quarter Outlook: Coal carloads for the quarter are now expected to be down approximately 5% from a year ago and revenues from this business sector will be off by approximately $35 million from the 2001 quarter.

BNSF Announces Lease of Texas Line to TIBR: The Burlington Northern and Santa Fe Railway Company announced the lease of about 100 miles of track between Kirbyville and Tenaha, Texas, to the Timber Rock Railroad Company (TIBR).

Train Carrying Acid Derails in Tennessee: Derailed railroad cars leaked billowing fumes of highly corrosive sulfuric acid in a residential area, forcing the evacuation of about 100 homes within a mile of the site. The cause of the derailment is under investigation.

Genesee & Wyoming Inc. Reports Traffic for August 2002: The Railroad’s North American traffic in August 2002 was 39,188 carloads, an increase of 8,419 carloads, or 27.4%, compared with August 2001.

Western rival's bid to run on CN tracks derailed: Federal regulators have rejected a small company's request to run trains on Canadian National Railway Co.'s lines in a closely watched case with profound implications for the rail industry.

To read the complete news stories please visit our website at iRail.com.

International and miscellaneous

Taiwan High Speed Rail to issue NT$50 B. in preferred stocks: The preferred stock issue is part of the THSRC's capital expansion plan to raise funds to finance the construction of the on-going high speed rail project.

South Korean consortium wins dlrs 197 million subway train deal in Greece: The contract requires the South Korean firms to provide 21, six-car subway trains by 2004 to Attiko Metro that operates subway systems in Athens.

ERGOSE to announce tender for underground rail line study: ERGOSE, the Greek railways subsidiary in charge of organizing new railway construction projects, will soon be announcing a tender for a study on building an underground rail line between Piraeus-Rendi-Athens-Tris Gefyres.

To read the complete news stories please visit our website at iRail.com.

 

iRail Website Update
iRail and iBusXchange welcome new members Alabama Buses Unlimited, British Embassy Madrid, ELMIRA RAIL VENTURES, Gold Falcon Enterprises, Litx Rail Marketing, MTA - New York City Transit and Plasser American Corporation.

 Join iRail and iBusXchange at APTA EXPO 2002!APTA EXPO 2002

You'll find us at:

Booth #6529
EXPO 2002
September 23-25, 2002
Las Vegas Convention Center
Las Vegas, Nevada USA

        FEATURED SPEAKER        Sept. 24, 3:30 - 5:00 p.m.   Michael J. Monteferrante, Sr. VP, iRail, LLC., on E-Commerce Solutions in Public Transportation

       FEATURED SPEAKER        Sept. 26, 10:00 - 11:30 a.m.   Kash Vyas, CTO, iRail, LLC.  on E-Marketplaces

 

 

 

Featured Auctions on the iRail / iBusXchange eMarketplace

Poster - Bessemer & Lake Erie Railway                                     Description - (200) Open Top Hoppers for Scrap

 

Stay tuned for more:
- Buses
- Bus Parts
- Locomotives
- Transit Car Parts
and much more!

To view more auctions visit the iRail and iBusXchange eMarketplace section at  Marketplace Home

 


NEW FEATURES on the www.iRail.com site include:

Company Storefronts - free!

Job Postings - free!

Classifieds for Wanted and For-Sale items - free listings!

 
 

Bids Currently Posted on the   iRail site 

Bid - 39049-RR,                          Description - IFB to Design and Furnish a Signal System to Accommodate the Expansion of Metra's North Central Service, A-5 to B-12 (Phase 3) on Metra's Milwaukee West Line,                                      Due date - Sep 27 2002 ,            Issuer - METRA
 
Bid - 07 67172,                  Description - IFB for Subway Car Parts,                                        Due date - Oct 1 2002,             Issuer - MTA - NYC Transit Authority
To view more bids visit our website at iRail.com.  
 
 

Scholarships Available!

The Rail Transportation Division (RTD) of the American Society of Mechanical Engineers (ASME) is offering two, $2000 scholarship awards for the 2002-2003 academic year.  Current employees of railroads, railroad supply firms, transit authorities, associated companies and their family members are eligible.

Applications are due by October 1, 2002.

For application forms or additional information, please contact: David Cackovic @ (719) 584-0553 or Gary Wagner @ (708) 596-5168

Winner will be advised by 11/15/02.

 


Write to us at Newsletter@irail.com with more suggestions and comments.  Please contact us at Advertising@irail.com or (973) 434-6204 if you are interested in partnering with iRail or iBusXchange, or in advertising on our sites.

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Copyright 2002, iRail, LLC.  All rights reserved.

NEW FEATURES on the www.iRail.com site include:

Company Storefronts - free!

Job Postings - free!

Classifieds for Wanted and For-Sale items - free listings!

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