- Tags James Stem, positive train control, PTC
News Archive
Avantair forced into Chapter 7 bankruptcy
Avantair locked its doors to employees June 26 and ceased all operations. Now, less than two months later, executives have also been locked out, this time by the courts. Florida bankruptcy courts have allowed creditors to file Chapter 7 bankruptcy against the airline. Judge C [...]Avantair announces plan to resume operations
Troubled airline Avantair, expects to resume flights in early August, pending new financing. On Wednesday, July 17, the airline announced it’s “go-forward” plan for continuing operations. The go-forward plan included a change in name to “NewCo.” [...]Emergency RSAC meeting announced
The Federal Railroad Administration announced Aug. 8 that it would hold an emergency meeting of the Railroad Safety Advisory Committee (RSAC) Aug. 29. The meeting will focus on the July 6 train derailment in Lac-Mégantic, Quebec. Preliminary findings from the derailment and s [...]
Szabo: ‘Rail is the transportation mode of opportunity’
On July 30, Federal Railroad Administrator Joe Szabo addressed attendees of the SMART Transportation Division’s regional meeting in Anaheim, Calif., speaking about future endeavors the FRA has for the rail industry and about safety enhancements moving forward. “Ra [...]Mississippi Export workers grab 8-year deal
Train and engineer workers employed by Mississippi Export Railroad have ratified a new eight-year agreement by a unanimous vote. SMART Transportation Division Vice President David Wier said the agreement provides for cumulative wage increases of 22 percent over the life of th [...]
Thank you fellow bus operators and President Futhey
Bus companies are comprised of many departments and each department relies on one another in order to be a successful operation. But rarely do the bus operators get the credit they deserve. The daily elements that they face would make a lot of people second-guess their career [...]Montreal, Maine & Atlantic files for bankruptcy
Montreal, Maine & Atlantic Ltd, the railway involved in last month’s deadly derailment and explosion in Lac-Megantic, Quebec, filed for bankruptcy protection on Wednesday, saying the move would enable the company to preserve the value of its assets. The railway said [...]