Figures released Monday, July 22, 2013, by the Surface Transportation Board show Class I railroads employed 164,499 people in mid-June, up 0.80% from June 2012, and up 220 people, or 0.13%, from the previous month of May.
Figures released Friday, July 19, 2013, by the Railway Supply Institute’s American Railcar Institute Committee (ARCI) show that tank cars continued to be a driving force in railcar orders during the second quarter, according to KeyBanc Capital Markets Inc. analyst Steve Barger.
Plans for a light rail transit line linking Miami and Miami Beach, first floated a decade ago, have been revived by the Miami-Dade Metropolitan Planning Organization.
Kansas City Southern reported second-quarter earnings of $15.4 million, or 14 cents a share, Friday, July 19, 2013.
GATX Corp. Thursday, July 18, 2013, reported higher second-quarter net income of $35.1 million, or 74 cents per share, compared with $23.5 million, or 49 cents per share, in the second quarter of 2012.
Union Pacific recorted second-quarter earnings of $2.37 per share, or $1.1 billion, up from $2.10 a share, or $1 billion, in the second quarter of 2012, the Omaha-based Class I railroad said Thursday, July 18, 2013.
Following two weeks of digression from a repeating pattern, U.S. freight traffic resumed its standard mix – freight carload traffic down, intermodal volume up – in the latest week ending July 13, 2013, according to the Association of American Railroads.
The Charlotte Area Transit System (CATS) scheduled a groundbreaking ceremony today, July 18, 2013, to mark the start of extending Lynx light rail transit 9.7 miles to the University of North Carolina-Charlotte campus.
Arlington County, Va., board members voted 4-1 Tuesday, July 16, 2013, to support an updated agreement with neighboring Fairfax County to advance the Columbia Pike Streetcar project.
Struggling for years against a hostile sentiment from the state government and some surrounding county organizations, Cincinnati city officials are shrugging off resistance to a proposed initial streetcar line, signing a construction contract with Messer/Prus/Delta Joint Venture to proceed.