Crossties

JAN-FEB 2018

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

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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 • JANUARY/FEBRUARY 2018 8 NRC RECAP 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 www.youtube.com/HurdleMachineWorks 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? he National Railroad Construction and Maintenance Association (NRC) held its 2018 conference Jan. 10-13 in Los Angeles, with Railway Tie Association members and staff in attendance. In addition to capital program over- views provided by numerous railroads, Independent Wall Street Analyst and ABH Consulting President Tony Hatch provided a financial analysis of the railroads. Hatch presented a slide based on a March 2017 Trains Magazine article suggesting the freight rail industry was facing troubled times, in which his contrarian bullet points included: • 2017 operating revenue averaged ~63%, improving by ~200bps. • The rail network is in best-ever condition. • Rail finance is in best-ever condition. • Coal has stabilized, at least. • Volumes have inflected H216 (and growth has continued). • Intermodal is growing again. In doing so, Hatch noted that year-over- year financial comparisons have gotten tougher, and that there were indeed chal- lenges, but that railroads are hardly troubled. Other topics discussed include transporta- tion legislation and policy priorities of the 115th Congress and beyond. This, of course, included not only the perennial discussion on reenacting the 45G tax credit that is so vital to tie suppliers and their regional and short line customers but also new concerns about increasing truck sizes and weights. Major Class 1 rail shippers such as Amazon, FedEx and others often "cube out" before they "weight out," and this may neutralize some of the opposition to these initiatives. "The NRC Conference was a successful event. More than 1,100 rail contractors and suppliers were in attendance, the speakers from the railroads and rail transit agencies were informative and insightful, and a lot of business was getting done," said NRC President Chuck Baker. "The NRC particu- larly appreciates the participation on railway tie producers and values our partnership with the RTA." RTA's Jim Gauntt echoed Baker's sentiment. "This year's Railroad Day On Capitol Hill event on March 7 will be one of the most important events of its kind in the last decade. All RTA members are encouraged to come stand shoulder-to- shoulder with rail interests and support rail friendly legislative initiatives that are so critical for tie supplier and railroad business growth. For more information on this event, please log onto ASLRRA.org." The 2019 NRC Conference will be held Jan. 6-9 in Marco Island, Fla. For more information, visit NRCMA.org/ conference_exhibition. NRC Draws Rail & Tie Interests To Annual Conference Kevin Hicks, top, AVP Engineering of Union Pacific, and OmniTRAX Senior Director of Procurement Bob Snyder, below, address NRC Conference attendees on their capital program plans for 2018. T

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