CSX Corp. announced late Tuesday, April 15, 2014 first-quarter net earnings of $398 million, or 40 cents per share, down from $462 million, or 45 cents per share, in the same quarter of 2013. But that still beat Wall Street analyst consensus estimates of 38 cents per share.
VIA Metropolitan Transit officials in San Antonio, Tex., on Tuesday, April 15, 2014, welcomed a judicial ruling that any appeal of a decision to use bonds to build a new multimodal station, to be used by streetcars among other modes, must pay nearly $4 million.
Sonoma-Marin Area Rail Transit (SMART) has maintained that success of its passenger rail startup in its California namesake counties was ultimately linked to ferry service to and from San Francisco. That vision now has been endorsed by the Metropolitan Transportation Commission (MTC), the Bay Area’s metropolitan planning organization (MPO).
WTS International, the association for the professional advancement of women in transportation, announced the selection of the winners of its seven scholarships for 2014 on Monday, April 14, 2014.
STV Group, Inc. said Monday, April 14, 2014 it has helped guide a major expansion at Norfolk Southern’s Bellevue Yard in Ohio, which when completed “will make the facility one of the largest rail car classification and switching yards of its kind in North America.”
MTA Long Island Rail Road has launched a $120 million construction program designed to protect the railroad’s Long Beach Branch from the kind of devastating damage caused by Superstorm Sandy in 2012.
Six of eight streetcars ordered by Tucson, Ariz., for its Sun Link service have arrived in the city as Tucson prepares to launch passenger service, tentatively on July 25, 2014.
Light rail transit operations operating across national borders is an established procedure in Europe, even as U.S. LRT operations across state boundaries remain rare. But San Diego, Calif., and neighboring Tijuana, Baja Norte, have revived plans for LRT service spanning the U.S.-Mexico border.
Amid a flurry of announced rail funding programs, Illinois has identified $60 million for re-establishing Amtrak service linking Chicago and Rockford, Ill., as early as late next year. Amtrak’s Black Hawk last connected the two cities in 1981.
At a morning news conference April 9, 2014 in Washington, D.C., findings from a recent report, An Analysis of Truck Size and Weight Issues, Phase I – Safety, were officially released, detailing the risks and detrimental impacts of increased truck sizes and weights on the nation’s roadways and the American motoring public.