STB sets hearing on competitive switching rules

The Surface Transportation Board announced Monday, Feb. 3, 2014 that it will hold a public hearing on March 25-26, 2014 “in Petition for Rulemaking to Adopt Revised Competitive Switching Rules, EP 711, to explore issues surrounding The National Industrial Transportation League’s (NITL) petition to modify the Board’s standards for mandatory competitive switching.”

Poll perpetuates Scarborough Line fracas

Public opinion over the future of Toronto Transit Commission’s Scarborough Line apparently continues to vacillate, with a new poll suggesting light rail transit (LRT) once again is favored over a subway extension for the line.

CIT Group acquires Nacco SAS

CIT Group said early Monday, Feb. 3, 2014 it has acquired Paris-based Nacco SAS, “one of the largest independent full service railcar lessors in Europe.”

NYAB aids food pantry renovation

The Watertown Urban Mission Food Pantry in upstate New York will undergo a $250,000 renovation this year, thanks to a charity established by the parent company of New York Air Brake, LLC (NYAB).

Conductors union spurns CN pact

Canadian National said Friday, Jan. 31, 2014 the Teamsters Canada Rail Conference-Conductors, Trainpersons and Yardpersons has advised the railroad that “the tentative labor agreements negotiated with the union in October 2013 have failed to ratify.”

Tacoma LRT extension options weighed

Tacoma, Wash.’s City Council has informally endorsed a specific route for extending the city’s 1.6-mile Link Light Rail (often defined by some as a streetcar) operated by Sound Transit.

CN earnings rise in 4Q, slip for year

CN issued its earnings report for the fourth quarter and full-year 2013 after the closing bell on Wall Street Thursday, Jan. 30, 2014, gaining in the quarter over the comparable period in 2012 on record revenue, but reporting full-year earnings lower than that of 2012.

December employment rises from a year ago

Compiled figures released this week by the Surface Transportation Board show Class I railroads employed 162,810 people in mid-December, up a scant 0.10% from December 2012, but down 0.24% from the previous month of November.

Another good week for U.S. freight traffic

U.S. freight carload traffic and U.S. intermodal volume advanced for the second week in a row, and third week in four marking 2014’s start, during the week ending Jan. 25, 2014, the Association of American Railroads reported Thursday, Jan. 30.

FEC taps GE Transportation for 24 locomotives

Jacksonville, Fla.-based Florida Florida East Coast Railway, LLC (FEC) announced Thursday, Jan. 30, 2014 it will acquire 24 new ES44C4 locomotives from Erie-Pa.-based GE Transportation.

LOAD MORE