Researchers at the Virginia Tech Center for Vehicle Systems and Safety (CVeSS) and the Railway Technologies Laboratory have created a new kind of crosstie that replaces the conventional wooden variety and is equipped to generate power from moving trains, transforming that energy into usable electricity, according to a report by The Roanoke Star.
The International Association of Public Transports (UITP) on Jan. 23 released a new report, “The Road to Sustainability: Transition to Renewable Energy in Public Transport,” providing guidance on how public transport undertakings can “achieve a successful energy transition to their decarbonization goals, including examples of best practices across the globe.”
For CSX, fourth-quarter 2022 operating income was $1.46 billion compared to $1.37 billion in fourth-quarter 2021, while net earnings were $1.02 billion, or $0.49 per share, compared to $934 million, or $0.42 per share, in the same period last year, the Class I reported Jan. 25.
Registration is now open for the Federal Railroad Administration (FRA)-sponsored “Tracks to the Future” rail transportation and engineering summer youth program, which aims to teach students “why railroads remain the most energy-efficient transportation mode and what forms modern railroad track, equipment, and communications/control systems might take,” Michigan Technological University (MTU), which started the program, stated in a release.
As the sixth-round Long Island winner of New York State’s Downtown Revitalization Initiative (DRI), Huntington Station will receive $10 million in funding to revitalize its downtown neighborhood and generate new opportunities following the local planning process.
The U.S. Environmental Protection Agency (EPA) and the Department of Justice (DOJ) on Jan. 24 announced a settlement with Genesee & Wyoming Railroad Services Inc. (G&W) and its affiliated companies for what it called a violation of Clean Air Act (CAA) locomotive regulations.
For Norfolk Southern (NS), fourth-quarter 2022 railway operating revenue was $3.2 billion, up 13%, or $385 million, compared with fourth-quarter 2021, a “fourth-quarter record” driven by a 15% increase in revenue per unit, the Class I reported Jan. 25.
Local transit systems join Metrolinx’s GO Transit in accepting credit card taps to pay transit fees. Also, countdown clocks are coming to Southeastern Pennsylvania Transportation Authority (SEPTA) platforms this spring; and Minnesota legislators propose $99 million to kick-start the Northern Lights Express (NLX), which would connect downtown Minneapolis to the St. Louis County in Duluth.
Chicago-based GATX Corp. has reported fourth-quarter 2022 net income from continuing operations of $48.4 million, or $1.36 per diluted share, compared with fourth-quarter 2021’s $61.0 million, or $1.69 per diluted share. For full-year 2022, net income was $155.59 million, or $4.35 per diluted share, versus the prior year’s $143.1 million, or $3.98 per diluted share.
The Metropolitan Transportation Authority (MTA) has announced that Long Island Rail Road (LIRR) service to Grand Central Madison will begin Wednesday, Jan. 25.