Author: Douglas John Bowen

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Alaska Railroad joins AAR

The Association of American Railroads (AAR) Thursday said that Alaska Railroad Corp. (ARRC) has become its newest member.

Hedge fund touts talks with CP

Hedge fund Pershing Square Capital Management, led by activist investor William Ackman, said Thursday it has held “productive” discussions with Canadian Pacific Railway.

Bombardier Transportation backlog: $33 billion

Bombardier Transportation revenue amounted to US$2.3 billion in the third quarter ended Oct. 31, compared with US$2.2 billion for the same period in the 2010 fiscal year. EBIT totaled US$172 million, compared with US$152 million a year ago, while EBIT margin increased to 74% from 7% last fiscal year. The order backlog totaled US$33 billion on Oct. 31, a level similar to Jan. 31, 2011.

Toronto weighs its options

Subway or surface rail? Core city growth or regional approach? Political posturing aside, Canada’s largest city is counting on passenger rail for its future health and growth.

NFTA to lay off 20% of police force

The Niagara Frontier Transportation Authority, which oversees Buffalo, N.Y.’s light rail transit line, plans to lay off almost 20% of its transit police, or about 20 officers, to cope with a $15 million deficit.

Cincinnati eyes TIGER funds for streetcar

Supporters of Cincinnati’s streetcar proposal, coming off an Election Day victory fending off the proposal’s opponents, reportedly now hope to obtain $56 million in federal funds to restore the full original scope of the project.

Bellevue, Wash., in accord on LRT route

The Bellevue, Wash., City Council Monday night unanimously approved an agreement with Sound Transit for a light rail line that included tunnels through its downtown, including accord on financing for the more costly infrastructure.

GO Transit/Metrolinx debuts GO Mobile app

GO Transit says it has launched GO Mobile, the rail operator’s first official mobile application, in collaboration with Ryers on University. GO Transit says the app is now available on BlackBerry, iPhone, and Android devices.