Author: Douglas John Bowen

CSX 2Q earnings beat Street

CSX late Tuesday, July 16, 2013, reported second-quarter earnings of 52 cents per share, or $533 million, on revenue of $3.1 billion, up from earnings $512 million, or 49 cents per share, on revenue of $3.0 billion, in the second quarter of 2012.

Wabtec gets bogies contract in Mauritania

Wabtec Corp. said July 15 that it has signed a $21 million contract with SNIM (Société Nationale Industrielle et Minière), the National Industrial and Mining Co. of Mauritania, to provide bogies for new iron ore freight cars.

LIRR, NYCT boost service for All-Star Game

Two Metropolitan Transportation Authority properties, the Long Island Rail Road and MTA New York City Transit, are offering more train service to and from Citi Field in Queens, N.Y., as Major League Baseball’s New York Mets host the 2013 All-Star Game Tuesday, July 16.

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Pacific Harbor Line, BLET sign pact

Short line Pacific Harbor Line, Inc. (PHL) and the Brotherhood of Locomotive Engineers and Trainmen (BLET) announced Monday, July 15, 2013, they have signed a new five-year labor agreement covering PHL’s operating and maintenance of way employees.

Deal frees Metrolink Perris Valley Line

A Riverside County, Calif.-based environmental group has dropped its lawsuit against a proposed 24-mile Metrolink rail extension, the Perris Valley Line, citing concessions being offered that are amenable to its concerns.

Stamford, Conn., station area plan unveiled

Stamford, Conn., interests unveiled a transit-oriented development (TOD) plan Thursday, July 11, 2013, designed in part to better tap passenger flows generated by the city’s train station, served by both Metro-North and Amtrak.