As 2018 comes to a close, Senior Vice President and Chief Commercial Officer Dick Kloster provides insight into the trajectory of the rail equipment market in 2019. Learn why the outlook is considered "cautiously positive" despite challenges in key segments.
Read the full article, published in the December 2018 issue of Progressive Railroading Magazine, here.
The development of hydraulic fracking has significantly impacted the rail equipment supply chain since 2011, causing new car deliveries to grow dramatically to meet increasing demand by investors. What would the market look like today if oil had never been discovered in North Dakota? Dick Kloster examines the effect of the energy boom on the leasing business.
Read the full article here.
AllTranstek was recently featured in Volume 7, Issue 3 of Transportation & Logistics International, a publication which focuses on crucial issues within the transportation industry. The article, which begins on page 84, highlights AllTranstek's multitude of services, highly experienced staff, and innovative solutions to each client's unique challenges.
Read the article here.
Dick Kloster, Chief Commercial Officer & Senior Vice President, and Rob Hart, Senior Consultant, coauthored an article in the February 2018 edition of Progressive Railroading Magazine. The article discusses the implications of the Financial Accounting Standards Board's (FASB) lease accounting standard ASC 842 on railcar lessees.
Read the article here.
For more information, contact firstname.lastname@example.org .
Senior Vice President and Chief Commercial Officer Dick Kloster was featured in the December 2017 edition of Progressive Railroading Magazine. The article provides a forecast of the 2018 rail equipment market. Read the article here. View an excerpt from the article in our upcoming December 2017 newsletter.
On December 4, 2017, the U.S. Department of Transportation repealed the FRA's 2015 ruling that unit trains transporting hazardous or flammable materials be equipped with electronically controlled pneumatic (ECP) brakes. Freight railroads were required to comply by January 1, 2021, or reduce speeds to a maximum of 30 miles per hour.
Reviews and studies of the rule completed by the National Academies of Sciences Transportation Research Board (NAS/TRB) found that the ruling, purported to be a superior method compared to other technologies in emergency situations, was "incomplete and unconvincing." Evidence did not support the assertion that ECP brakes were more effective than alternative safety strategies. Consequently, the mandate, described as arbitrary by its opponents, was repealed.
Read the full article here. View the official Federal Register's announcement here.
Over the years, VSP Technologies and Trelleborg Sealing Solutions (formerly Carolina Seal Chemical Transportation Solutions) have worked to set the bar high when it comes to sealing solutions for the rail industry. Their gasket and o-ring kits and options have made it possible for car owners to best assure that these aspects of their fleets are working as needed. These partner companies introduced the Ride-Tight® program several years ago, which is a comprehensive collection of products, materials, and training to ensure maximum safety, compliance, and efficiency for the shippers’ fluid sealing needs. Now, in 2017 they’re standardizing their document storage and delivery methodology to again ensure the best possible standards.
Starting in September, VSP Technologies and Trelleborg Sealing Solutions will be leveraging AllTranstek’s Document Hosting System (DHS) to put the Ride-Tight® procedures in front of participants, plants, and shops alike. The DHS allows the partners to finalize new and revised procedures, and then once approved by the car owner, have them posted on-line. DHS is structured in a way that makes it possible for the administrator to post the file once, and have all users with access updated instantly, enforcing granular but flexible security around the document access rights conforming to the car owner’s requirements. Revision control and document retention are inherent in the system, and training is almost unnecessary as virtually every for-hire repair facility in North America is already using the DHS to access procedures, forms, drawings, SDSs, and other necessary documents for themselves and their clients. Among the many benefits of using this standardized system are increased savings in terms of both money and time.
AllTranstek is proud to assist VSP Technologies and Trelleborg Sealing Solutions by extending the use of this tool to their companies at no cost to their clients. If you’d like to learn more about how the AllTranstek DHS works or how it can help you with your documentation requirements, contact email@example.com.
Senior Vice President and Chief Commercial Officer Dick Kloster was featured in the August 2017 edition of Progressive Railroading Magazine. The article analyzes the performance of the North American rail-car fleet thus far in 2017. Read the article here.