Norfolk Southern issued green bonds in 2021 that enabled it to fund $496 million in projects that aimed to lower carbon emissions.
The Federal Railroad Administration has established a Climate Challenge initiative, which is targeting net-zero greenhouse gas emissions for the industry by 2050.
Norfolk Southern Chief Sustainability Officer Josh Raglin chats with Tyler Cole of FreightWaves about the ways that the freight rail industry is helping stakeholders adopt sustainable practices.
With Wabtec’s help, NS will retrofit locomotives so that they can last 20 more years.
The second-generation carbon calculator helps customers and shippers gauge the carbon emissions their shipments produced.
Union Pacific will test B20 biodiesel and R55 renewable diesel on the locomotives that it acquired from Wabtec. The western U.S. railroad also said it reduced fuel consumption for three years in a row.
The company, which seeks to create autonomous battery-electric rail vehicles, will use the funding to support a 29-month advanced testing program of its technology.
From executive transitions at Union Pacific and Pacific West to January rail volumes to new offerings in the MoW lessor space, here are some news items rounding out the week.
The investments rely on expectations that customers will want easy or green access to railroads’ intermodal offerings.
North American freight railroads can pursue sustainability that not only benefits customers but also the railroads’ bottom line, according to panelists at a Transportation Research Board session.
Rio Tinto is the second Australian mining company that will use Wabtec’s FLXdrive battery-electric locomotive in mining operations.
The three companies have signed a memorandum of understanding to pursue the demonstration project to test the feasibility of hydrogen-powered locomotives.
The three companies have partnered to produce a more sustainable gondola car in anticipation of the eventual retirement of the existing fleet.
CN and CSX received recognition for their action on climate change. UP has upped its targets and released a plan to reach them.
CNGmotive’s solution for fueling locomotives provides potential to decarbonize rail using renewable natural gas.
CSX and Canadian Pacific were recognized this month by the Dow Jones Sustainability Index North America for the ways they address environmental, social and governance issues.
The Canadian railway is purchasing battery-electric freight locomotives from Wabtec and it is testing renewable fuel blends with Progress Rail.
A private investment firm’s acquisition of a MOW services company, AAR’s environmental nods and Lineage’s new cold storage warehouse round out the rail roundup.
Canadian Pacific, Norfolk Southern and the broader freight rail industry describe how they plan to reduce greenhouse gas emissions.
The AAR released climate policy proposals encouraging partnerships and market solutions that promote competition and carbon capture, utilization and storage technology.
