- In October 2023, Norfolk Southern launched its AI-powered Train Inspection Technology, deploying Digital Train Inspection Portals across its 22-state network. Developed in collaboration with the Georgia Tech Research Institute (GTRI), these portals use 24-megapixel high-speed cameras, stadium lighting, and machine vision to capture ultra-high-resolution, 360-degree images of passing railcars—up to 1,000 images per car at speeds of up to 70 mph. The system leverages 38 deep learning algorithms to detect defects in real time, enhancing predictive maintenance and rail safety. The first portal was installed in Leetonia, Ohio, with over a dozen more planned by the end of 2024
- In March 2023, Trinity Industries, Inc. completed the acquisition of RSI Logistics, Inc. for $70 million. RSI, a U.S.-based provider of rail logistics software, freight bill accounting, railcar fleet management, and terminal operations, brings advanced digital capabilities to Trinity’s portfolio. The acquisition enhances Trinity’s Trinsight™ platform, enabling more comprehensive shipment tracking, automated reporting, and supply chain visibility for rail shippers. RSI’s integration expands Trinity’s technology offerings and strengthens its position as a leading provider of rail-centric transportation solutions across North America
- In February 2023, KfW IPEX-Bank acted as Mandated Lead Arranger on the senior debt facilities supporting the acquisition of Rail First Asset Management, an Australian rollingstock leasing company. The acquisition was led by Amber Infrastructure Group and DIF Capital Partners, marking a significant investment in the rail asset management sector. Rail First owns Australia’s third-largest intermodal fleet, with approximately 1,300 locomotives and wagons. A portion of the financing—AUD 125 million—received the first Green Loan accreditation in Australia’s freight industry, underscoring the transaction’s alignment with sustainability and low-emission transport goals
- In June 2022, Global Rail Trust, an Austria-based consulting firm specializing in rail infrastructure, acquired Advanced Rail Management Corp. (ARM), a U.S.-based provider of rail and wheel maintenance solutions. Announced at the Wheel Rail Interaction (WRI) Conference in Vancouver, the acquisition expands Global Rail Trust’s operational footprint into North America. ARM brings over 30 years of expertise in optimizing wheel-rail interaction for passenger and freight systems across the U.S. and Canada. This strategic move enhances Global Rail Trust’s capabilities in consulting, maintenance, and knowledge transfer, reinforcing its mission to drive innovation and safety in global rail infrastructure
- In May 2022, the Copenhagen Metro (Metroselskabet) entered into a long-term digital asset management (DAM) agreement with Hitachi Rail S.p.A. and Metro Service, aiming to optimize maintenance and infrastructure investments over the next 30 years. The partnership focuses on developing a shared digital platform that integrates data from trains, stations, and tracks using IoT sensors and AI-driven analytics. This system will support predictive maintenance, reduce unplanned service interruptions, and improve operational efficiency. The initiative reflects a broader trend toward long-term digital partnerships in public transport to enhance reliability, sustainability, and passenger satisfaction
