Cordel Group Expands Partnership with Amtrak through New US Contract

Cordel secures new US contract expanding relationship with Amtrak

(Alliance News) - Cordel Group PLC on Monday said it will conduct assessment work on behalf of Amtrak as the company strengthens its position in the US market. The London-based company's flagship platform uses artificial intelligence to supply transport corridor analytics to rail networks and operators. Cordel has extended its relationship with the US national rail firm Amtrak, through the award of a contract to provide a comprehensive assessment of Amtrak's Metro-North corridor. Metro-North serves the New York Metropolitan Area, running services between New York City and its northern suburbs in New York and Connecticut. The contract, which builds upon an existing working relationship with Amtrak, aims to enhance the safety and efficiency of the rail line. "We're providing precise centerline data for Acela train passing clearance assessments, ensuring proper distances between parallel tracks for safe train passes, and enabling data-driven decisions on clearances for Acela trains at operational speeds. Our comprehensive approach includes detailed structure clearance evaluations for bridges, tunnels, and other infrastructure along the route," Cordel said. The company's AI-powered analytics will be made accessible through an intuitive map-based web application that will process the data to provide automated calculation and reporting of clearance information. Chief Executive Officer John Davis said: "We are delighted that our business relationship with Amtrak continues to grow, building on the foundations of our delivery strength and advanced technology. We continue to invest in our USA team, adding sales and engineering resources for our most important growth market, where we are confident in becoming the clear market leader for automated inspections." Cordel shares fell 5.4% to 4.21 pence each in London on Monday morning, having risen initially. Comments and questions to [email protected] Copyright 2024 Alliance News Ltd. All Rights Reserved.

UK AI firm Cordel wins contract extension with Amtrak in US By Proactive Investors

Proactive Investors - Cordel Group PLC (LON:CRDL), which uses artificial intelligence to help improve the efficiency of rail networks, said it has won a contract extension with the US national rail network operator, Amtrak. It will provide a "comprehensive assessment" of the Metro-North corridor, which runs services between New York City and the northern suburbs in New York and Connecticut. This is part of the 'northeast corridor' railroad line, which runs from Boston to Washington DC. The contract aims to enhance safety and efficiency on this critical rail line, the company said, including providing autonomous data capture capabilities, leveraging LiDAR technology to scan and store structure data for the entire Metro-North corridor. CEO John Davis said: "We continue to invest in our USA team, adding sales and engineering resources for our most important growth market, where we are confident in becoming the clear market leader for automated inspections."