RailRunner Provides Update on European Certification and Homologation Efforts
LEXINGTON, MA, March 7, 2011 – RailRunner, N.A., Inc., the developer of innovative rail products and services providing low-cost bi-modal transportation solutions to intermodal markets worldwide, today announced a renewal of its European product certification efforts as a result of the European Railway Agency (ERA) recent modifications to its Technical Standards of Interoperability (TSI). The TSI now includes expanded technical requirements, which allow bimodal technology to be standardized and homologated throughout Europe. RailRunner believes it is well positioned to pursue to anticipated certification of its equipment according to European market and standards requirements.
“The emergence of a clarified TSI standard for bi-modal allows us a clear path to bring a safe and compliant system to market,” said Charles Foskett, President and CEO of RailRunner. “This will directly benefit operators and shippers throughout the European Union.”
About ERA
The ERA, headquartered in Valenciennes, France, was established to provide the EU Member States and the European Commission with technical assistance in the fields of railway safety and interoperability. This involves the development and implementation of TSI and a common approach to questions concerning railway safety. The ERA’s main task is to manage the preparation of these measures. The operational units are active in the area of: Railway safety, interoperability, European rail traffic management system (ERTMS), economic evaluation and cross acceptance
About RailRunner
RailRunner (www.railrunner.com) is a rail products and services company bringing a new innovative intermodal rail product to shippers worldwide. RailRunner’s patented bi-modal system is designed to quickly; simply and efficiently shift highway trailers and intermodal chassis with container to and from highway to rail and back. With RailRunner's low-investment Terminal Anywhere® technology, no flatcars, combi-wagons, huge cranes, high-value equipment or RailRunner Renews Effort for European Certification Under Revised Standard Page 2 expensive terminals and infrastructure are involved. RailRunner trailers and the use of bi-modal chassis extend container services to markets and locations not previously reachable, improving shipping efficiency, lowering fuel costs, and reducing traffic congestion and air pollution.
“The emergence of a clarified TSI standard for bi-modal allows us a clear path to bring a safe and compliant system to market,” said Charles Foskett, President and CEO of RailRunner. “This will directly benefit operators and shippers throughout the European Union.”
About ERA
The ERA, headquartered in Valenciennes, France, was established to provide the EU Member States and the European Commission with technical assistance in the fields of railway safety and interoperability. This involves the development and implementation of TSI and a common approach to questions concerning railway safety. The ERA’s main task is to manage the preparation of these measures. The operational units are active in the area of: Railway safety, interoperability, European rail traffic management system (ERTMS), economic evaluation and cross acceptance
About RailRunner
RailRunner (www.railrunner.com) is a rail products and services company bringing a new innovative intermodal rail product to shippers worldwide. RailRunner’s patented bi-modal system is designed to quickly; simply and efficiently shift highway trailers and intermodal chassis with container to and from highway to rail and back. With RailRunner's low-investment Terminal Anywhere® technology, no flatcars, combi-wagons, huge cranes, high-value equipment or RailRunner Renews Effort for European Certification Under Revised Standard Page 2 expensive terminals and infrastructure are involved. RailRunner trailers and the use of bi-modal chassis extend container services to markets and locations not previously reachable, improving shipping efficiency, lowering fuel costs, and reducing traffic congestion and air pollution.