Skanska Koch, a division of Skanska USA Civil, said Wednesday it has been awarded a $10 million contract with the Port Authority of New York & New Jersey (PA) to install more than 175 steel ribs along the North-South Concourse of the new World Trade Transportation Center Hub.
MTA New York City Transit on May 1 took delivery of the first of 28 new diesel-electric locomotives it is acquiring from Wabtec subsidiary MotivePower, Inc.
Caltrans joined BNSF Railway and Amtrak Tuesday in the groundbreaking for a triple-track segment that will add 3.8 miles of track in the Los Angeles area at a cost of $38 million. It is part of a larger, $163 million, 15-mile main line track capacity expansion between the cities of Commerce and Fullerton that will add a hard track along two existing lines.
Rockwall, Tex.-based Whitmore Manufacturing Co., a producer of component protection technology, announced Monday it has acquired QHi Rail Ltd., a British-based manufacturer of gauge face and Top of the Rail (TOR) lubrication systems for railways.
BNSF announced Tuesday that it will invest approximately $202 million this year on maintenance and rail capacity improvement and expansion projects in Nebraska.
From my perspective, you know North America is changing for the better when short line and regional railroad folks are talkin’ passenger rail.
L.B. Foster Co., which supplies and distributes products and services for rail, construction, energy, and utility markets, has reported net income of $3.4 million or 33 cents per diluted share, in the first quarter of 2012 compared with 7 cents per diluted share in the prior year period. Sales were $118.5 million in the first quarter and the company’s backlog increased $56.3 million in the period.
Greenwich, Conn.-based Genesee & Wyoming’s newly formed subsidiary, the Columbus & Chattahoochee Railroad, Inc. (CCR), has signed an agreement with Norfolk Southern to lease and operate a 26-mile segment of NS track in Alabama.
Genesee & Wyoming Inc. early Tuesday reported net income in the first quarter of 2012 of $22.2 million, up from $22.1 million in the first quarter of 2011. GWI’s diluted earnings per share of 52 cents held steady in the quarter measured against the same period a year ago, though the company sported roughly 600,000 more weighted average shares outstanding in the latest report.
Los Angeles County Metropolitan Transportation Authority’s Board of Directors on Monday gave a preliminary nod to an $890 million contract to KinkiSharyo for up to 235 light rail cars.
