Maintenance workers pace April rail employment gains
Led by increases in rail maintenance of way and structures employees, U.S. Class I railroads employed 161,876 workers in mid-April, up 3.25% from April 2011 and also up 0.84 from March 2012.
Author: Douglas John Bowen
Cost up—again—for East Side Access
Long Island Rail Road access to Grand Central Terminal now has been pushed back to 2019, six years beyond its original target date, while the cost of East Side Access has risen once more, to $8.24 billion, the Metropolitan Transportation Authority acknowledged Monday.
GATX unit will lease railcars in India
GATX Corp. announced Tuesday that its subsidiary, GATX India Private Limited (GIPL), has entered the Indian marketplace with the purchase of 450 container flat cars.
Alstom absorbs DB share of joint venture
Alstom said Tuesday it and DB Mobility Network Logistics AG have signed a contract for the takeover of the 49% stake held by DB Mobility Network Logistics AG in the “Alstom Lokomotiven Service GmbH” joint venture in Stendal, Germany.
STB approval of rail line makes history
The Surface Transportation Board on Monday granted final approval for what it called “a first of its kind” rail line. It gave R.J. Corman Railroad Co./Pennsylvania Lines Inc. (RJCP) authority “to build and operate a new rail line using right-of-way previously rail-banked as well as new right-of-way, near Wallaceton, Pa.
CP turnaround: How soon, how strong?
Now that Canadian Pacific Railway is under new management, how soon can shareholders expect to reap the rewards promised hedge fund investor William Ackman during a long proxy fight?
LRIW announces 2012 scholarship
The League of Railway Industry Women (LRIW) announced its 2012 College Scholarship Program, which will award three separate scholarships to well-qualified students.
Austin ponders adding streetcar
Texas’ state capital, still recovering after establishing with difficulty a diesel light rail transit (DLRT) line designated as “commuter rail” by federal officials, now is turning its attention to streetcar possibilities.
SunRail track work commences this week
Track maintenance and upgrading is expected to begin this week on an initial 7-mile portion of rail right-of-way destined for use by SunRail, central Florida’s planned regional rail service.
Alstom breaks ground for Quebec plant
In Sorel-Tracy, Quebec, the Société des parcs industriels Sorel-Tracy (SPIST) on Friday launched construction of the new Alstom manufacturing facility. Sorel-Tracy Mayor Réjean Dauplaise and other dignitaries were in attendance to herald the new plant slated for completion next fall.