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National Rail Awards 2020 Winners
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Metro takes one step back from automation (again)
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DeSmog
Last year, Canada exported a record amount of tar sands oil to the U.S., despite low oil prices leading to major losses once again for the struggling tar sands industry. That achievement required a big bump in hauling oil by rail, with those daily volumes in late 2018 more than double the previous record in 2014 during the first oil-by-rail boom.
Canada’s oil industry essentially has reached its limit for exporting oil into the U.S. through pipelines. That’s why it’s turning to rail to export more and more oil, but as an ever-increasing number of oil trains hit the tracks of North America, expect more accidents and oil spills to follow.
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The global railway signaling systems market was valued at US$ 9.68 Bn in 2019 and is expected to grow at a CAGR of 9.5% over the forecast period from 2020 to 2028.
Increasing demand for advance controlling systems and rising high-speed railway projects will drive the demand for railway signaling systems.
The market for railway signaling systems expected to witness significant growth with the deployment of communication-based train control (CBTC) and other advanced signaling techniques. In addition, market growth is strongly influenced by standardization processes concerning train control which are implemented in order to improve both railway traffic safety and efficiency. Rising investment in urban transportation particularly in railway networks is increasing the demand for CBTC systems globally for efficient rail traffic management. The growing number of passengers and increasing competition among operator
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