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Rail News Home Railroading Supplier Spotlight

1/19/2022



Rail News: Railroading Supplier Spotlight

Rail supplier news from Blume, RailWorks, Parallel and Hub (Jan. 19)


Parallel Systems has raised funds to build autonomous battery-electric rail vehicles that move freight.
Photo – Parallel Systems

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Blume Global, a provider of supply chain execution and visibility solutions, announced a complimentary, cloud-native platform that allows companies that leverage railroad intermodal services to better coordinate cross-country freight-rail deliveries. In partnership with Union Pacific Railroad, Norfolk Southern Railway and CSX, Blume's end-to-end rail freight scheduler gives users visibility around moving cargo from one railway to another. At least two railways are typically required to make a delivery across the United States, so planning for long-haul moves can be a challenge. Blume provides current real-time schedules for all major North American railroads, which allows shippers and intermodal marketing companies to easily synchronize shipments across different railroads, Blume officials said in a press release.

RailWorks Corp. has launched a mobile flash-butt welding service division, creating a comprehensive slate of services for its Class I, short line and transit customers. RailWorks has acquired more than 40 specialized mobile welding trucks, which are used to weld rail together for mainline and special trackwork areas, and highly skilled operators to be deployed across the United States and Canada. With this additional service, RailWorks will now offer complete turn-key services for joint elimination work, rail gang work and cut and slide rail projects, according to a company press release.

Parallel Systems, a company founded by former SpaceX engineers to reimagine the railroad system, has raised $49.55 million in Series A funds to build autonomous battery-electric rail vehicles that move freight. The funds will be used to build a fleet of rail vehicles, execute advanced testing programs and grow the team. The company, which came out of stealth mode today, has raised $53.15 million to date, including $3.6 million in seed funds.

Hub Group has received Supply & Demand Chain Executive magazine’s 2021 Green Supply Chain Award for its efforts to prioritize sustainability. Hub Group received this award for its sustainability-minded approach to transportation and logistics management. The company measures and reduces customers’ carbon footprint through analysis that allows for the conversion to more efficient transportation and logistics services, including intermodal, less-than-truckload consolidation, cross-dock management and network optimization.



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