Wabtec reports solid 1Q results
Wabtec Corp. Wednesday morning reported net income from operations of $104 million, or earnings of $1.44 per diluted share, for the first quarter of 2013, up 18% from the same quarter in 2012 and a record.
Author: Douglas John Bowen
New Orleans ponders streetcar expansion
The general manager of New Orleans’ Regional Transit Authority Tuesday set forth a proposal for expanding the Crescent City’s venerable streetcar system, though funding for such work was not identified.
CP touts “best ever” first quarter
Canadian Pacific early Wednesday reported first-quarter net income of C$217 million, or C$1.24 per diluted share, up sharply from C$142 million, or 82 Canadian cents per share, in the first quarter of 2012—a 51% improvement in earnings per share. Earnings beat Wall Street consensus estimates of C$1.21 per share for the quarter.
NS 1Q earnings rise
Norfolk Southern Corp. Tuesday afternoon reported a first-quarter 2013 net profit of $450 million, or $1.41 a share, up from $410 million, or $1.23 a share, in the first quarter of 2012. First-quarter results included a gain from the sale of land to the Michigan Department of Transportation, which increased net income by $60 million, or 19 cents per diluted share.
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The Royal Canadian Mounted Police arrested two men on Monday (Feb. 22) who had been planning to bomb a Via Rail Canada passenger train. One was arrested in Toronto and one near Montreal following a lengthy counter-terrorism investigation, “Project SMOOTH,” that began in August 2012 and included the FBI.
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The Federal Transit Administration has given its environmental approval for Detroit to construct an initial 3.3-mile streetcar line along Woodward Avenue from downtown Detroit to the New Center area.
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Kansas City officials say they’ll seek streetcar rolling stock through options already held by Cincinnati or Salt Lake City, which are advancing their own streetcar lines.
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Kansas City officials say they’ll seek streetcar rolling stock through options already held by Cincinnati or Salt Lake City, which are advancing their own streetcar lines.
Sample Trade Show Story 8
The Federal Transit Administration has given its environmental approval for Detroit to construct an initial 3.3-mile streetcar line along Woodward Avenue from downtown Detroit to the New Center area.
Sample Trade Show Story 7
The Royal Canadian Mounted Police arrested two men on Monday (Feb. 22) who had been planning to bomb a Via Rail Canada passenger train. One was arrested in Toronto and one near Montreal following a lengthy counter-terrorism investigation, “Project SMOOTH,” that began in August 2012 and included the FBI.