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The Golden Spike
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The Golden Spike   - September 26, 2001
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The News This Week 

North American Transit Industry

New York City Transit System Prepares for the Returning Masses: With a crippled Wall Street slowly recovering from the World Trade Center attack, transportation services are prepared for an onslaught of New Jersey commuters returning to work after the Spt. 11th terrorist attack in lower Manhattan.

Amtrak Reports Fear of Flying Boosts Train Ridership: Travelers are boarding Amtrak in record numbers since Sept. 11th when four airplanes were hijacked and the federal government temporarily suspended commercial flights. Amtrak added cars to routes to accommodate a 40 percent increase in passengers unable to fly during the two-day shutdown of U.S. airports. 

ALSTOM To Provide Passenger Locomotives To New Jersey Transit: The Board of Directors of New Jersey Transit Corp. voted on September 21 to award to ALSTOM a $175M contract for the design and manufacture of a fleet of 33 new 4,000 horsepower diesel-electric passenger locomotives.

Amtrak asks US Government for emergency funds: Amtrak has asked the federal government for around $3bn in emergency funds over the next 18 months to purchase additional passenger cars, improve tracks and electrical systems and increase safety and security, in the wake of the recent terrorist attacks in the U.S.

Siemens Transportation Systems, Inc. Awarded $172 Million Contract for Boston Blue Line Heavy Rail Vehicles: The Massachusetts Bay Transportation Authority has awarded a $172 million contract to Siemens Transportation Systems, Inc.

Amtrak Train Crashes in Utah: An Amtrak train carrying stranded airline passengers and others to California crashed into a freight train, derailed and caught fire in the western Utah desert. There were no serious injuries.

Granite Construction Awarded $69.5 Million Joint Venture Contract in Florida:  Granite Construction Incorporated announced that Granite Construction Company, a wholly-owned subsidiary, has been awarded a design-build contract in joint venture with Herzog Contracting Corporation and Washington Group International for reconstructing a commuter rail line in south Florida.

Virginia Commuter Rail Cancels Contract with Milwaukee Rail Car Firm: With the work only partly completed, a commuter rail line in Virginia has canceled a $2.7 million contract with Northern Rail Car Corp. after the Milwaukee firm fell behind on scheduled deliveries of passenger cars, an executive with the line said.

County Officials Push Seattle-Area Light Rail Project Forward: The Pierce, King and Snohomish county executives announced that Sound Transit has devised prudent plans to build two-thirds of its promised 21-mile route. The bulk of the funding is coming from local taxes, including a 0.4 percent sales tax and a 0.3 percent vehicle license tax.

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

 

North American Freight Industry

Canadian National Contributes to Relief Efforts in United States: Canadian National announced it will match dollar for dollar the amount employees and pensioners/retirees wish to contribute to the September 11th Fund, up to a maximum of US$250,000.

U.S. Railroad Industry Able to Stay Afloat Despite Weak Economy: The nation's railroad industry keeps chugging along through the economic slowdown with solid backing from old economy commodities and limited competition.

RailWorks Corporation files for Voluntary Reorganization Under Chapter 11: RailWorks operations in Canada are not involved in yesterday's filings and continue to operate outside of bankruptcy.

Canadian National's Acquisition of Wisconsin Central Wins Unanimous Approval of U.S. Surface Transportation Board: CN and WC expect to consummate the transaction on or about Oct. 9. In the merger, WC shareholders will receive US$17.15 per share for their stock. In a separate story, Canadian National Railway announces it’s intent to issue $600 million in debentures in $600 mln debt offering.

The first of ExpressTrak LLC/Amtrak's new fleet of 109 refrigerated railcars rolls out at Ebenezer Railcar Service's shops in West Seneca, NY: These reefer railcars will speed perishable commodities coast-to-coast behind regularly scheduled Amtrak passenger trains in as little as four days. Unger signed a $10 million-plus contract with Ebenezer Railcar Services in January to build the 109 high-tech, 57-foot railcars.

BNSF and CSXI to Provide Seamless Intermodal Service Between Texas and The Ohio Valley: This new service cuts rail transit times in half, from about seven days to three days between DFW and the Ohio Valley; and to four days between Houston and the Ohio Valley.

RailAmerica Reports August 2001 Carloads; Same Railroad Carloads Up 5% for Month and 6% Year-to-Date: RailAmerica, Inc., the world's largest short line and regional railroad operator, announced that "same railroad" carloads (including intermodal units) were 104,930 in August 2001, up 5% from the 99,915 in August 2000. Year-to-date, "same railroad" carloads for 2001 increased 6% to 818,388.

Genesee & Wyoming Inc. Reports Traffic for August 2001: North American carloads in August 2001 were 30,769, a decrease of 803 carloads from August 2000. Australian carloads in August 2001 were 74,497 compared with 22,878 carloads in August 2000.

Canadian National's Guaranteed Empty Equipment Supply Program to Cover Full Freight-Car Fleet by Fall: Canadian National is on track to extend its highly successful guaranteed empty equipment supply program to all CN-controlled freight cars by November 2001. 

Skanska Lands New Major Contract in New York Valued At $76 M: The U.S. subsidiary, Slattery Skanska has been contracted by Metro-North Railroad in New York to construct a maintenance facility for commuter trains. The contract is valued at USD 76 M, about SEK 825 M, of which Skanska Slattery will be responsible for 80 percent.

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

 

International and miscellaneous

Bombardier to receive order for 500 express trains from SNCF: French rail operator SNCF is planning to make an order, by year's end, for 500 regional express trains from Bombardier Transport. In a separate story, Bombardier Transportation announced that it has confirmed a $465million Cdn order with GOVIA for the supply of 240 Electrostar electrical multiple units to replace slam door trains on key South Central routes in the UK.

British Transportation Secretary Reopens Bidding for Railroad Franchise: Pressure from the rail industry and northern MPs has prompted Transport Secretary Stephen Byers to reopen the bidding for the proposed UK pound 2 billion TransPennine Express franchise which many believe had been provisionally awarded to Connex.

CAF-Alstom-Fiat wins contract to build 12 high-speed trains: RENFE, the national Spanish rail group, has awarded a contract to build 12 high-speed trains to a consortium comprising transport manufacturers CAF (Spain), Alstom (France) and Fiat (Italy). The contract is worth 115.5m euros in total.

Bombardier receives $125 million order for automatic train protection system in Taiwan: Bombardier Transportation has been awarded a contract by Taiwan Railway Administration, for a complete Automatic Train Protection System (ATP system) which includes ATP computers for 832 locomotives, 14,000 balises, and 2,000 encoders.

EU to spend 2.8 billion euros (dlrs 2.6 billion) on transport network upgrades: The European Commission said it would spend 2.8 billion euros (dlrs 2.6 billion) on upgrading European transport networks, including rail links and a proposed satellite navigation system.

Bombardier Receives a $21-Million Order for Electrical Multiple Units in Luxembourg: The consortium comprised of Bombardier Transportation and Alstom has received an order from the French National Railways, commissioned by the Luxembourg National Railways, for 12 three-car electrical train sets TER2N NG (New Generation).

Network Set to Stay under Deutsche Bahn Roof Railways: The German government appears to have abandoned for good its plans to spin off Deutsche Bahn AG's rail infrastructure into a separate company.

French rail strike looms: Various French rail unions announced plans for a 24-hour strike in the third week of October. This industrial action is intended to support renewed talks for pay and pension rises in 2001 and better social security provisions.

Japan Bank likely to back planned subway extension: The JBIC has put more than 100 billion baht into the first stage of the proposed Bangkok subway extension. It charges 0.75% interest, allows a 10-year grace period and repayments spread over 40 years.

Taipei's mass rapid transit system to suffer NT$10 billion loss: The financial loss of the mass rapid transit (MRT) system caused by floods brought by Typhoon Nari is initially estimated at NT$10 billion.

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

iRail Website Update

iRail and iBusXchange welcome new members Amtrak, Breda Transportation, MARTA, Toshiba, and Vapor Rail Inc.

Meet iRail and iBusXchange representatives at the APTA Annual Meeting in Philadelphia, PA on September 30 - October 4, 2001.

 

 

     Need to get organized?       Win a Palm Pilot!

 

All you have to do to win a Palm™ m100 is to:

1. Check your email for an invitation sent to you by iRail last week, inviting you to participate in the sweepstake.

2. Update or complete your Company Profile on the iRail site.  This automatically enters your name in the sweepstake.

 

For more information call our toll free number (877) 894-7245 

 

 

 

 

 

 

 

 

 

Looking for new business opportunities?

Try iRail's Bids-Matching feature...

 

iRail's Bids-Matching capability automatically match bids placed by our members with qualifying, interested vendors using industry and other commodity codes.

 For more information call our toll free number (877) 894-7245

 

 

 

 

 

 

 

 

 

Featured Auctions on the eMarketPlace site

 

 

Poster - New Jersey Transit, Description - Flxible 870 Bus Parts

 

Poster – Los Angeles County Metropolitan Transportation Authority, Description –  Transit Bus (Bus # 1166), Model # AN-440-3

 

Poster – Anonymous Company  Description – EMD/GM Locomotive GP 38 hulk less engine

 

Poster – Anonymous Company  Description – GE Alternator GTA9

 

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

 

 

 

 

 

 

 

 

 

 

 

Mart Logo

The MART Corporation

 The Industry Leader In Aqueous Cleaning Technology

To learn more visit us at www.MartWash.com or call at our toll free number (800) 543-MART

 

 

 

 

 

 

 

 

 

 

 

 

 

Upcoming Bids

 

 

Bid - 02 20021                       Description - IFB for CNG Transit Bus Procurement                        Due date - Oct. 23, 2001                                       Issuer - Central NY Regional Transportation Authority

Bid - PR5                           Description - 50' Insulated Box Cars w/o Load Dividers                        Due date - Dec. 31, 2001            IssuerPioneer Railroad Equipment Co., Ltd.

      

To view more bids visit our website at iRail.com.

   

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 site.

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