Job Opportunity: Trailer Mechanic-Grimes Trucking Company

Position Summary: Trailer Mechanic

This is position is responsible for the preventive maintenance and repair of trailers.

Duties/Responsibilities:

Preventative Maintenance Inspections
Trailer repairs
Air and hydraulic brake repairs
Suspension troubleshooting
Electrical trouble-shooting
The Technician will be expected to comply with Safety and EPA procedures

Qualifications:

3-5 years’ experience as a trailer mechanic required
3-5 years’ experience with welding required
Class A or B CDL preferred
Current brakes certification
Must possess at set of hand tools up to 1/2″ drill
Must be able to document repairs on the computer
A qualified candidate must have a strong work ethic with a focus on future career goals

Physical Demands:

Ability to lift 50 pounds on a regular basis
Ability to bend, twist at waist, reach over head or with extended arms, stretch and lift a minimum of 20 pounds for long periods of time

Compensation: $16.50/hr. to $17.50/hour

Benefits: After 90 days, benefits such as vision, dental, short-term and long-term disability, life insurance, and 401k plan

Job applicants for our Trailer Mechanic position must also complete the following online test to be officially considered for the position:

https://testing.wonderliconline.com/WebPages/Links.aspx?lid=21aa2cfb-0f95-4241-b911-d23cd721dc23

We are a Drug Free Workplace. Each candidate must successfully complete a drug screening and various background investigations, including criminal history reports, before employment. Grimes Trucking Company is an Equal Opportunity Employer

About Grimes Trucking Company:

 

Job Opportunity: Bunkering Technician – LNG

Title:  Bunkering Technician- LNG

This position is responsible for staging, loading liquid natural gas (LNG) onto ships, inspecting, troubleshooting, calibrating, maintaining, performing preventative maintenance, and assisting with design, engineering, development and/or upgrade of LNG ship bunkering at the Jacksonville port facility. The LNG Technician must ensure that the facilities under his/her responsibilities are maintained so as to operate in a safe, reliable, and efficient manner.

Functional Expertise:

Maintains equipment and systems including large industrial machinery and equipment, electrical, electronic, pneumatic and control loops associated with ship bunkering operations to ensure the safe, reliable and efficient operation of the facility.Installs, programs, inspects, calibrates, maintains, operates, troubleshoots, repairs and adjusts various electric, electronic, and pneumatic devices, including Programmable Logic Controllers (PLC) and Supervisory Control and Data Acquisition (SCADA) systems, Variable Frequency Drives (VFDs), security/surveillance systems, and large industrial machinery and equipment.Performs scheduled compliance and/or maintenance checks and/or work orders on all equipment under his/her responsibilities. Must maintain records on computer system to ensure compliance with state, federal, port and Company policies and regulations.Must be able to read and interpret engineering drawings including electrical and control schematics, P&IDs, and piping drawings.Properly, legibly, and accurately documents all equipment inspection and maintenance activities for facilities under his/her responsibilities, and prepares required reports completely and accurately. Ensures that all technical drawings and documentation are kept current and secure, both electronically and hard copy.Responds appropriately to abnormal operating conditions in order to maintain a safe and reliable operating environment.Responds appropriately to Emergency Response situations and performs first responder duties in accordance with the Emergency Response Plan.Maintains LNG bunkering systems and generator equipment (e.g., repairs leaks, checks vacuum, calibrates instruments and performs pressure tests).Performs inventory control functions utilizing the Corporate material management system.Business Acumen:

Prioritizes/plans PM’s to meet the needs of the LNG bunkering facility and equipment.Responsible for understanding and support of corporate and department objectives and goals.Strives to promote continuous improvement of facilities and equipment to ensure safe, efficient, and reliable operation of facilities.Identify and report operational issues that may impact facility reliability or efficiency.Identify and report operational issues that may impact compliance with regulations or company policies and procedures.Orders specialty replacement parts: researches options (price, lead time); prepares quarterly maintenance budget. Performs fabrications and provides technical assistance to contractors during capital projects. Completes small capital projects.Engagement:

Must be a team player, able to work and communicate effectively with peers, direct supervision and management, and effectively participate during internal and/or agency audits.Must be self-motivated and hold self accountable for job duties and responsibilities.Participates in Company sponsored technical training programs, cross-training assignments, job shadowing, and orientation of new hires to improve knowledge and skills of self and others.Collaborate with management and peers, internal groups, consultants and contractors to assist with improving existing operations, special projects, new construction, and expansion of existing facilities.Promotes good relations with all customers (i.e., commercial, ship, port, gas supply, other operating facilities, LNG plants, management, etc.) and cooperates with other personnel and/or departments.Driving

Results:

Works with peers to continually improve system efficiency and reliability.Effectively collaborates with others to plan, schedule, measure and evaluate work activities to ensure that facilities continually operate safely, reliably and efficiently.Strives to continually maintain facilities in an efficient and reliable manner by utilizing knowledge of facilities, peer knowledge/expertise, new technology, best practices, and/or tools available to maximize system efficiency and reliability.Qualifications:

Education, Certifications/Licenses:

Required:

Associates degree in a technical field, or equivalent education and/or related experience Valid state driver’s license

Applicant must be able to pass a DOT physical and background check in order to obtain both a Transportation Workers Identification Card and a JaxPort identification card.

Preferred:

Maintains tanker and hazardous materials CDL endorsments.

Related Work Experience:

Required:

Experience in specialized machinery maintenance; or instrumentation, electronics and control systems; or equivalent.

Preferred:

Related work experience in instrumentation, electronics and control systems. Related work experience in specialized machinery maintenance. Working experience with, but not limited to: cryogenics, low and high pressure water pumps, electronic equipment, high pressure gas, processing equipment, reciprocating and/or turbine engines and compressors, PLCs and SCADA/HMI system. Experience preparing drawings of electrical circuits Working knowledge of National Electric Code Experience reading and interpreting electrical and mechanical blueprints and diagrams, and piping drawings Process controls and understanding of gas and liquid handling and processing fundamentals

Specific Skills & Knowledge:

Required:

Must be able to pass DOT Operator Qualification requirements for specific covered tasks. Ability to prepare written and electronic reports in a clear and concise manner. Proficient understanding and use of the English language. Ability to interact effectively with others Motivated, with good communication (oral and written) and interpersonal skills Mathematical proficiency Experience reading and interpreting blueprints and diagrams. Good computer skills (i.e., Word, Excel, MS Outlook, etc.).

Preferred:

Knowledge of pipeline, compression, process, LNG, LP, and/or storage field operations. Basic knowledge of gas handling/processing equipment.

Working Conditions/Physical Requirements:

The incumbent works in a shipping port-plant environment, including high pressure gas, cryogenic liquids, and other hazardous materials. The incumbent is expected to be available for emergency call outs (24/7) and to work weekends, holidays, and extended hours as required, per the needs of the facility. Lift and carry medium to heavy weight items. Reach overhead for items, stoop, bend, and twist while working. Ability to exert up to 100 pounds of force occasionally and/or 50 pounds of force frequently. Other physical activities include working on elevated structures, crouching, and performing repetitive motions. Visual acuity requirements include color, depth perception and field of vision necessary to operate a computer.

Travel requirements may be occasional (5% – 20%).

Disclaimer: This information describes the general nature and level of work performed by employees in this job. The description is not designed to be a comprehensive inventory of duties, responsibilities and qualifications required of employees in the job. Reasonable accommodation may be made to qualified disabled individuals for performance of essential duties and responsibilities.

Equal Opportunity Employer: All qualified applicants will receive consideration for employment and will not be discriminated against based on their race, gender, sexual orientation, gender identity, religion, national origin, age, disability, veteran status, or other protected classification.

Company Information:

About Pivotal LNG

Pivotal LNG is part of the midstream operations segment of Southern Company Gas, a wholly owned subsidiary of Southern Company (NYSE: SO). Pivotal LNG provides liquefied natural gas to companies and industries throughout the United States through reliable, flexible and cost-effective solutions . For more information, visit www.pivotallng.com .

Overview:

About Southern Company Gas

Southern Company Gas is a wholly owned subsidiary of Atlanta-based Southern Company (NYSE: SO), America’s premier energy company. Southern Company Gas serves approximately 4.5 million natural gas utility customers through its regulated distribution companies in seven states and more than 1 million retail customers through its companies that market natural gas and related home services. Other nonutility businesses include asset management for natural gas wholesale customers and ownership and operation of natural gas storage facilities. For more information, visit Southern Company Gas at southerncompanygas.com .

To Apply: http://www.pivotallng.com/

Job Opportunity: CSX – Intermodal Support Worker

CSX – Intermodal Support Worker

ISW positions are responsible for various functions including gate inspection (inbound and outbound), equipment securement (tie-down), hostler driving, lift operations, and other duties as assigned. Employees holding ISW positions are required to perform all functions of the position and may be assigned to any or all of the functions on a particular shift.

Primary Activities and ResponsibilitiesChecking equipment for damage. Verifying equipment numbers and door seals. Light data entry tasksDirect lift operators in positioning equipment properly. Assure that all equipment is safely secured. Driving equipment from a parking space to trackside, from trackside to a parking space and miscellaneous repositioning on the terminalConnection of hoses. . Winding/unwinding of landing gears. Regularly climbing into and out of the hostler truck. Sitting in a seat, attached to a console, that swivels to allow full vision and comfort while operating the unit. teering units with a toggle switch while movement forward/backward is controlled by a potentiometer – a small cylinder equipped with an operating handle. Controlling all other functions with toggle switches. Climbing up/down a ladder to mount/dismount the machine. Miscellaneous activities and responsibilities as assigned by manager.

Pay Rate: $20.12

Training: On-the-Job Training

Qualifications

Minimum Qualifications:  High School Diploma/GED.  18 years of age or older.Valid Driver’s License

Preferred Qualifications:  One year experience working in a heavy industrial environment. One year experience operating heavy machinery. Three years of outdoor work experience. Physical Requirements: Stoop/bend/kneel/crouch/crawl/balance/climb. Physical agility, including lifting, pushing, pulling,and walking. Walk long distances over uneven terrain. Driving a tractor/trailer combination in an industrial setting. Climbing on and off equipment. Moderately heavy to heavy industrial work. Work outside in all weather conditions and occasionally on uneven terrain.

Job Requirements: Work safely to prevent on the job accidents and injuries. Wear protective equipment such as hard hat, hearing protection, or safety-toe boots. May work directly or indirectly with hazardous materials. Work hours are based on seniority, new hires primarily work nights, weekends, and holidays. Must be able to report to work safely with two-hour notice. Strict disciplinary policy regarding inability to report to work within proper time frame. Complete annual training and pass safety rules examinations. Federal regulations require random testing for drugs and/or alcohol. CSX does not pay relocation for this position. This position is governed by a collective bargaining agreement, membership is required. Safety Commitment Safety is a way of life at CSX, encompassing every aspect of company operations. Guided by a policy of ensuring the safety of our employees, our customers and the communities we serve, CSX works relentlessly to prevent accidents and injuries. Not only is it the right thing to do, but when a company puts safety first, everyone benefits: the employees and their families, the customers and the communities. In line with our commitment to safety, the applicant selected for this position may be required to successfully complete a background check and drug test. Passing results must be received prior to start date in new position.

About CSX

CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. For nearly 190 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike. More information about CSX Corporation and its subsidiaries is available at www.csx.com. Like us on Facebook and follow us on Twitter . 

Closing Statement

At CSX, two of the company’s core values are People Make The Difference and Safety Is A Way of Life. We are committed to offering our team members the most competitive compensation and benefits package available, unlimited opportunities for development and growth throughout an exciting and rewarding career, and the safest work environment possible. CSX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or protected veteran status and will not be discriminated against on the basis of disability. Click here to view the EEO is Law poster. Here Company : CSX Intermodal Primary Location : United States-FL-Jacksonville

Apply at: https://www.csx.com/index.cfm/working-at-csx/

 

Job Opportunity: Site Supervisor (Port)

Title:  Site Supervisor (Port)

Salary:  $35,000-$38,00

The world’s leading private security organization, G4S, has an immediate job opportunity for an experienced supervisor with a background in security. As a Site Supervisor , you will be responsible for the professional operation, administration, profitability, and quality assurance of uniformed services for a client’s site. You will manage the day-to-day physical security operations to achieve appropriate safeguarding of client assets to include payroll data entry and maintaining schedules.

G4S is a security provider for the United States government, fortune 500 companies, nuclear power plants, oil and gas companies, airport, ports, banks, hospitals, factories, warehouses, commercial facilities, residential communities and much more.

G4S offers job security, excellent pay and benefits, and career opportunities. We offer entry level careers, management careers, sales careers and executive careers across the United States and internationally.

Role Responsibility:

Act as primary liaison between G4S and client’s senior management; oversee customer relations, ensure Physical Security Surveys and post orders are updated regularly, and review disciplinary actions for consistency and propriety. General operations management; provide supervision to Shift Supervisors and Security Officers (e.g., implement standard security operations at the site, and ensure compliance through supervision)General training management; ensure that contract-required training and screening elements for security personnel have been met; quality assurance and contract compliance. General human recourses management (indirect); coordinate with Human Resources personnel on recruiting efforts. Scheduling; maintain overtime to a preset requirement designated by G4SAdminister G4S Safety Program; semi-annually review and revise the security Emergency Response plan The Ideal Candidate:

Education, Licenses and Certifications Required: Must possess a high school diploma or equivalent. Must possess, be able to obtain, Class D/Security Officer and Class G/Armed Officer Licenses. Must have an active State of Florida Certification in Law Enforcement Type and Length of Specific Experience Required. Must possess a minimum of one year of prior work experience as a law enforcement officer. Must possess a minimum of one year of demonstrated ability to organize and manage the processes required by customer security management. Must have at least one year of work experience in the security industry. Must have documented successful work experience in training and developing personnel at a site level Skills Required. Proficient computer skills including Microsoft Office Effective oral and written communication skills. Active listening skills. Ability to assess and evaluate situations effectively. Ability to identify critical issues quickly and accurately. Attention to detail. Other: Must be at least 18 years old or the minimum age. Must be a U.S. citizen or a foreign citizen authorized to legally work in the United States. Must not use illegal drugs. Must be able to pass a drug test with negative results (except when undergoing documented medical treatment).Must submit to an extensive background check, including criminal history, personal references, employment and education verifications, and Department of Motor Vehicle and credit checks if applicable. Must be able to provide, upon job offer, a DD214 discharge document with discharge status indicated, if prior military Physical Requirements and Environment Environment: Office ; minimal to no work in extreme temperatures is expected

Major activity: Working on PC while sitting; telephone use; driving; standing

Physical efforts to carry out job duties: Limited, to include some standing, bending, light lifting, and limited stretching and reaching

EOE Minority/Female/Disabled/Veteran/Sexual Orientation/Gender Identity G4S is an Equal Opportunity/Affirmative Action Employer and an Alcohol- and Drug-Free Workplace

If you have any questions regarding Equal Employment Opportunity, Affirmative Action or Diversity and Inclusion, or have difficulty using the online system and require an alternate method to apply, please contact our Corporate Human Resources Department at (800) 506-6265.

To Apply:  http://www.g4s.us/en-US/Careers/

Job Opportunity: Amazon – Regional Linehaul Sourcing Specialist

Job ID: 441995

DESCRIPTION

Amazon’s Linehaul Execution team is seeking a highly skilled and motivated sourcing specialist to assist in the tactical management and execution of Amazon’s Linehaul movements flowing into and out of our North American Fulfillment Centers, Sort Centers and our associated fulfillment network. This is an exciting opportunity to join a new team in a huge growth area for Amazon.

An ideal candidate has a background in transportation and excellent business development skills. This job will require exceptional communication and interpersonal skills while having the ability to work independently in a high pressure environment and exercise sound judgment where clear guidelines may not exist. The successful candidate will be proficient at recruiting and sourcing transportation functions.

Responsibilities include, but are not limited to:
· Proactively monitor Linehaul activity to identify, address, and prevent potential issues.
· Sales and Business development to expand Amazon’s transportation reach
· Continual, tactical communication with external customers (Carriers, Vendors/Suppliers) and internal customers (Retail, Finance, Software Support, Sort Centers, Fulfillment Centers).
· Ability to pull data from numerous databases (using Excel, Access, SQL and/or other data management systems) and to perform ad hoc reporting and analysis as needed.
· Develop performance metrics to assist with driving business results.
· Lead initiatives to identify and sell transportation initiatives.
· Must be able to systematically escalate problems or variance in the operating plan to the relevant owners and teams and follow through on the resolutions to ensure they are delivered.
· Work within various time constraints to meet critical business needs, while measuring and identifying activities performed and ensuring service requirements are met.
· Excellent communication, both verbal and written as you will be required to convey updates on issues, operational status and business drivers during shift changes as needed throughout the activity cycle and during daily/weekly reviews.

BASIC QUALIFICATIONS

· A completed Bachelor’s Degree from an accredited university, or 2+ years Amazon work experience
· 3+ years of Driver, Independent Contractor or Fleet Owner recruiting experience.
· MS Office experience required, with advanced level in Excel (v-lookup, pivot tables, macros, etc.)
· Knowledge of Lean and Six Sigma methodologies
· Must be able to work weekend and night shifts as needed, as this team provides tactical support to Amazon’s fulfillment and sort center network 24 hours /7 days week

PREFERRED QUALIFICATIONS

· Degree in Logistics, Transportation or related field
· 5+ years of Driver, Independent Contractor or Fleet Owner recruiting experience.
· Familiar with various types / sizes of transportation equipment (tractors, trailers).
· Demonstrated success working with carriers and or brokers.
· Understanding of US DOT regulations.
· Expertise in MS Access and SQL
· Proficiency in Lean and Six Sigma
· Experience in manufacturing, transportation, customer service, and/or distribution environments
· Data management & data quality control experience with experience pulling and analyzing large sets of data
· Demonstrated experience using data to drive root cause elimination and process improvement
· A self-starter who loves data and who enjoys spotting the trends in it!

Amazon is an Equal Opportunity-Affirmative Action Employer – Minority / Female / Disability / Veteran / Gender Identity / Sexual Orientation.

Source: https://www.amazon.jobs/en/jobs/441995

Attention LINCS Participants! Supply Chain Management Job Fair

Wednesday, September 21, 2016 • 10 a.m. – 1 p.m.

FSCJ Advanced Technology Center, Room T140

401 West State Street, Jacksonville, FL 32202

• Meet employers with open positions in Supply Chain Management

• Bring your resume and dress for success

• Come prepared to participate in brief interviews and to apply online

• Highlight your earned Council of Supply Chain Management Professionals (CSCMP)industry certifications:

Customer Service
Operations Supply Chain
Management Principles
Warehousing Operations
Transportation Operations
Demand Planning
Inventory Management
Supply Management and Procurement
Manufacturing and Service Operations
For questions, please email logistics@fscj.edu or (904) 633-8109

Women and young people prove to be among best in logistics industry

t this year’s International Forklift Operator of the Year, there are more female operators through to the final than ever before along with the youngest ever entrants at just 18 years old. Is this a sign that the logistics industry is changing?

“It is reported that 1 in 12 people in the UK work in a logistics role, but only a small proportion of these are women or young people,” says Laura Nelson, Managing Director of RTITB, the preferred workplace transport training body. “Most HGV drivers are male and the average age is 51, so attracting young people and women into the logistics industry is critical as they approach retirement.”

The logistics industry is a diverse and exciting sector with a wide range of careers available including drivers, warehouse operators, planners, accountants and management roles.

“I understand that the industry will need in excess of 450,000 new people over next 5 years giving young people and women some amazing opportunities,” says Laura whose organization trains drivers including women and people under the age of 25 to either drive a forklift, lorry or undergo a variety of other logistics related training.

UK organization Women in Logistics is working to get the message across to female jobseekers that, for example, compared with hair and beauty, there is a staggering ten times as many jobs available in logistics.

Ruth Waring FCILT, Founder of Women in Logistics UK, says “Careers in logistics are interesting and rewarding for women and we’re encouraging employers to look at female potential when recruiting, as well as encouraging female applicants to think about logistics as a career at all entry levels.”

“The environment, technology and physical requirements of the logistics industry have changed so much,” says Laura. “Women and young people can become exceptional HGV drivers or forklift operators, proven at this year’s International Forklift Operator of the Year.”

“The International Forklift Operator of the Year award is about recognizing the best of best and showing supply chain professionals that skilled, safe, efficient forklift operators
can make a huge difference to productivity and profitability within their company,” says Laura Nelson.

At the International Materials Handling Exhibition from 13th – 16th September at the NEC, Birmingham, 40 of the top forklift drivers will battle it out for a spot in the Grand Finals of the competition. In these heats, the skilled drivers will have to complete a series of assessments specially designed to test their skills and knowledge of safe forklift operation in front of industry specialists and professionals.

Among the competitors this year are a number of forklift operators from well-known, international companies including the winner of the Indian Forklift Operator of the Year 2015.

“The competition celebrates the need for the correct training to help businesses to increase safety, reduce costs and maximize productivity,” says Laura. “And of course it helps to grow and retain good people within the logistics sector.”

“There are over 2 million jobs in logistics which we believe have largely been overlooked by women and young people,” says Laura. “I hope the competition helps raise awareness of these opportunities and that it is a sign that we will start to see more young people and women taking the logistics industry into the future.”

Source: http://www.logisticshandling.com/articles/2016/09/13/women-and-young-people-prove-to-be-among-best-in-logistics-industry/

Rail market remains steadfast in turbulent times

Written by  

THE global rail market continues to demonstrate its resilience to economic shocks and turbulence, and while the rate of growth may have slowed a little, the market is still growing at a respectable 2.3% according to SCI Verkehr’s bi-annual study of the world railway market. While another more regular survey by SCI of attitudes among 100 leading railway companies is more ambivalent, the continuing expansion of InnoTrans, the world’s largest trade show which opens in Berlin later this month also points to sustained growth.

The size of the global railway market for equipment and services has increased from €162bn in 2014 to €169bn although the annual rate of growth has slowed from 3.4% in 2014 to 2.3% this year. A notable development which emerged in 2015 is that the after-sales market with a share of 53% is now larger than the original equipment market (OEM). This reflects the heavy investment in rolling stock and network expansion which has taken place in the last few years, with much equipment now due for overhaul. The after-sales market is set to surge ahead of OEM as its annual rate of growth is only 1.3%.

There has been a significant change in growth rates around the world during the last two years. While annual growth in the €44.4bn Western European market remains unchanged at a healthy 3.2%, the slowdown in the freight market in North America has cut growth from 3.3% in 2014 to 1.4% this year. Central and South America is performing particularly badly where a 1% annual growth rate has switched to a contraction of 2%. The €51.6bn Asian market has also seen a reduction in annual growth from 4% in 2014 to 2.6% in 2016. Conversely the rail market in Africa and the Middle East is growing the fastest at 7%, although this is less than the 10% growth rate recorded in 2014.

The main line passenger and freight markets are of similar size, each worth in excess of €40bn, but the passenger market is growing at 2% a year compared with an annual growth rate of just 1% for freight which has been affected by the global reduction in demand for minerals, the mainstay of many rail freight operators. While the urban passenger rail market is worth less than €20bn it is growing at 4% a year, twice that of main line passenger, due to the steady expansion of urban rail networks as cities strive to reduce road congestion and pollution.

The structure of the global rail market is changing as we enter another period of consolidation through mergers and acquisitions, which SCI Verkehr believes is likely to accelerate. Two component suppliers, Knorr Bremse and Wabtec, have both expanded rapidly due to a policy of acquiring smaller companies to extend their product portfolios. These companies currently rank seventh and eighth in the top 10 railway equipment suppliers, while Wabtec is set to become even bigger with its imminent takeover of Faiveley, a major competitor to Knorr Bremse in the braking market.

SCI’s company survey is a little harder to interpret than its study of the global rail market as there are a number of conflicting forecasts by senior managers. However, there are some concrete pointers such as employment which, after 18 months of decline, has shown a healthy increase in the second half of this year, although 27% of managers expect employment to decline compared with 19% who think it will continue to increase.

As far as the current business situation is concerned, the number of managers who describe business as good has dropped from 40% last quarter to 31% this quarter, while the number of negative assessments has almost tripled to 23%. Nevertheless, the outlook on balance is still positive.

Conversely, demand is perceived as growing steadily during the last year and appears to be gaining momentum at the beginning of the second half. This is encouraging what SCI describes as moderate optimism among top rail industry managers. While 62% of companies do not expect any change in business, 14% are more confident about the future.

The survey also highlights some of the obstacles to growth which are currently confronting the industry. Factors of increasing concern which are squeezing profit margins include fluctuations in exchange rates, pressure on prices due to increasing competition, and regulatory restrictions and in particular complex certification procedures. Conversely, rock-bottom interest rates appear to have lost their effect in helping to stimulate investment.

Due to its sheer size, InnoTrans is also a bellweather for the health of the railway market. This year it will be bigger than ever. The number of exhibitors has increased from 2700 from 51 countries in 2014 to 2940 from 60 countries this year, with around 200 companies exhibiting for the first time.

While there are always uncertainties in the world, overall the railway industry is in better shape than many others as it is protected somewhat from major economic fluctuations due to the long-term nature of investment, and the growing perception that investing rail is good for environment. Rail has also come to the attention of the huge pension funds looking for somewhere stable to invest, which bodes well for the future.

 

Source: http://www.railjournal.com/index.php/blogs/david-briginshaw/rail-market-remains-steadfast-in-turbulent-times.html