The Minneapolis/St. Paul Business Journal reports a poll conducted by three chambers of commerce shows roughly 61% of Minnesotans favor a state bonding commitment of $25 million to build a third light rail transit line in the Twin Cities.
Norfolk Southern Corp. has named Donald D. Graab vice president mechanical, headquartered in Atlanta, effective March 1. Graab succeeds Tim A. Heilig, who retires after 41 years with Norfolk Southern.
Union Pacific has been named Logistics/Transportation Provider of the Year at the 2012 American Metals Market (AMM) Steel Tube and Pipe Conference.
If 81-year-old Warren Buffett has a short list of candidates to succeed him as head of Berkshire Hathaway, he did not directly allude to it in his annual message to shareholders, released Saturday.
Kinder Morgan Energy Partners, L.P. and Martin Midstream Partners L.P. have formed a joint venture, Pecos Valley Producer Services LLC, to develop a rail terminal in Pecos, Tex., to serve the growing oil and natural gas industries in the Permian Basin.
Groundbreaking ceremonies took place Friday in Petaluma, Calif., marking the start of construction of Sonoma Marin Area Rail Transit (SMART) passenger rail work for the two counties, north of San Francisco.
L.B. Foster Thursday reported fourth-quarter net income of $6.1 million, or 60 cents per diluted share, compared to $6.2 million or 60 cents per diluted share, in the same quarter of 2010.
Southeast Pennsylvania Transportation Authority has awarded a contract to Ansaldo STS USA, worth roughly $100 million, for installation of Positive Train Control on SEPTA’s regional rail system, serving five counties.
American Railcar Industries, Inc. expressed satisfaction with its fourth-quarter and full year revenue and earnings, and also voice cautious optimism on the year ahead.
Class I railroads employed 159, 333 people in mid-January, up 3.93% from January 2011, but down 0.24% overall from last December, according to figures provided by the Surface Transportation Board.
