JUL-AUG 2018

Crossties is published for users and producers of treated wood crossties.

Issue link:

Contents of this Issue


Page 6 of 30

CONTACT RTA WEBSITE BECOME A MEMBER BECOME A MEMBER RTA WEBSITE CONTACT Cahaba Pressure Treated Forest Products Eagle Metal Products East Coast Railroad Gross & Janes Co. Hurdle Machine Works Koppers Inc. CROSSTIES • JULY/AUGUST 2018 4 XXX INDUSTRY NEWS FRA Issues Funding Opportunity For Capital Projects WASHINGTON—The Federal Railroad Administration (FRA) issued a Notice of Funding Opportunity (NOFO) for the Consolidated Rail Infrastructure and Safety Improvements (CRISI) Program that includes more than $318 million in grant funding from the Consolidated Appropriations Act of 2018. This NOFO will assist in funding projects that improve intercity passenger and freight rail transportation safety, efficiency and reliability. Funding for positive train control (PTC) systems deployment—$250 mil- lion—was provided under a separate NOFO published in May 2018. The CRISI grant program directs critical investment to rural America. By directing at least 25 percent of available funds towards rural communities, the department can safely connect and upgrade rural America's rail infrastructure. In addition, selection preference will be given to projects with a 50-percent non-federal funding match from any combination of private, state, or local funds. The department will also consider how well the project aligns with key departmental objectives, including supporting economic vitality; leveraging federal funding; preparing for life-cycle costs; using innovative approaches to improve safety and expedite project delivery; and holding grant recipients accountable for achieving specific, measurable outcomes. The FRA will host webinars on Aug. 8, to aid eligible entities seeking funding. Those interested in participating can register at P1117. FRA encourages participants to submit questions in advance. Autonomous Train Makes Iron Ore Delivery In Australia PERTH, Australia—According to Mining Weekly, mining company Rio Tinto has made its first iron ore delivery by autono- mous train from the Tom Price mine to the Port of Cape Lambert in Australia, 280 km away. The autonomous train consisted of three locomotives and carried about 28,000 tons of ore. The train was monitored remotely by operators in Rio Tinto's Operations Center in Perth, more than 1,500 km away. OmniTRAX Acquires AL & TN Railway DENVER—A managed affiliate of OmniTRAX Inc. has acquired the Alabama & Tennessee River Railway LLC (ATN) and the Fulton County Railway LLC (FCR) from CSX. Terms for the transaction were not disclosed. "The Alabama & Tennessee River Railway and the Fulton County Railway have been great operations for OmniTRAX due to the business-friendly climate in Alabama and Georgia, strong regional commodity flows and select expansion opportunities," said Kevin Shuba, CEO of OmniTRAX. "The transaction marks another milestone in our strong relationship with Industry in the Spotlight NEWS Scope MADE IN Moscow, TN USA - 2 week build time so you can start production faster - Install in days not weeks - Fast and efficient without complicated electronics - Simplest, worry free carriage in the industry - Mill packages for cutting logs from 6 - 30' long - Engineering improvements for 40+ years - Add up to 650 ties per 8 hr shift to your operation - Replacement parts fully stocked and ready to ship - Replacement parts fully stocked and ready to ship Over 500 COMPLETE mills sold! CALL US NOW! 901.877.6251 simple. dependable. affordable Built solid and simple Quick, easy install Consistent, proven performance CARRIAGE Setting a new standard Want to make more ties? Leadership Moves At Watco Companies Rick Baden will continue serving in his role of president and CFO. Webb's new role will be to continue to assist Smith and Baden, as well as all other Watco Leaders in the sup- port and development of the Watco Team and its ability to serve Watco Customers. PITTSBURG, Kan.— Watco Companies LLC announced Rick Webb, CEO, will assume the role of executive chair- man July 31. As part of Watco's strategic succession plan, Dan Smith, Watco's executive vice president and chief operating offi- cer, will succeed Webb as CEO. Rick Webb

Articles in this issue

Links on this page

Archives of this issue

view archives of Crossties - JUL-AUG 2018