U.S. freight rail traffic was mixed over the 28 days of February, but advanced in the final days of the month included in the latest tally offered by the Association of American Railroads for the week ending March 1, 2014.
Cologne, Germany-based TÜV Rheinland said Thursday, March 6, 2014, it has acquiried Risktec Solutions Ltd., based in Warrington, U.K. Risktec has offices in the United Kingdom, the Netherlands, the Middle East, and in North America.
BNSF has reported operating income for the fourth quarter of 2013 of $1.88 billion, up 15% from $164 billion in income in the fourth quarter of 2012. Income for the full year of 2013 was $6.67 billion, up 11% from $6.0 billion in 2012.
President Obama’s proposed fiscal year 2015 budget has already been questioned, per norm, by various congressional quarters. But the proposals outlined for Federal Transit Administration (FTA) grant programs are generally receiving warm reception from various geographic points, and tolerance, if not enthusiasm, across the political aisle.
Ontario province’s Regional Municipality of Waterloo on Tuesday, March 4, 2014, approved a C$1.9 billion (US$1.7 billion), 30-year contract to GrandLinq, one of three consortia competing to build an 11.8-mile light rail transit line.
Fort Worth’s TEX Rail regional passenger rail project will benefit from $50 million budgeted in its fiscal year 2015 budget, Fort Worth Transportation Authority (“The T”) said Tuesday, March 4, 2014.
Two more top New Jersey Transit executives have been reported on the way out following the start March 1, 2014 of Veronique “Ronnie” Hakim’s tenure as NJT Executive Director, succeeding Jim Weinstein.
Jack Stephens has been named executive director of the South Florida Regional Transportation Authority (SFRTA), succeeding Joseph Giulietti. SFRTA’s governing board awarded Stephens a one-year contract.
Ontario adjoining cities Mississauga and Brampton, just west of Toronto, have recently completed preliminary design and environmental assessment work for the Hurontario-Main Light Rail Transit Project, extending from Hurontario Street and Lakeshore Road, at Lake Ontario, northward to the City of Brampton, approximately 10 miles.
The Greenbrier Cos., Inc. said Monday, March 3, 2014 it has received “new orders in the second fiscal quarter ended February 28, 2014 for 5,600 railcar units valued at approximately $460 million.”
