Texas’s attorney general will not appeal a judgment affirming the right of San Antonio’s VIA Metropolitan Tarnsit to sell bonds for several projects, including two downtown transit depots to serve as hubs for a streetcar system.
Consultants are working with a Streetcar Project Advisory Committee in Gainesville, Fla., to prepare a proposal for a line linking the city’s downtown with the University of Florida.
Dallas-based Trinity Industries, Inc. on Tuesday, Jan. 28, 2014 said it had closed the sale of the second tranche of leased railcars to Element Financial Corp., under the newly formed strategic railcar alliance announced last month.
Hoping to leverage a local funding commitment to obtain federal funds, Charlotte, N.C. has approved $12 million for engineering work on a 2.5-mile streetcar extension, expected to cost $126 million.
Louisiana’s state capital, Baton Rouge, is considering a plan for streetcar operations as part of a city and parish (county) plan, FuturEBR.
Canadian Pacific said it set numerous records for both its fourth quarter and full-year 2013, and offered guidance suggesting continued improvement in 2014.
Dallas Area Rapid Transit (DART) said it anticipates opening its 4.7-mile Orange Line light rail transit extension to Dallas/Fort Worth International Airport ahead of schedule.
Fourth-quarter railcar orders, deliveries, and backlogs showed robust activity, according to the Railway Supply Institute’s American Railway Car Institute Committee (ARCI) data released Thursday, Jan. 23, 2014. Tank cars, in particular, continued to show robust activity.
Fairport, N.Y.-based RailComm said Wednesday, Jan. 23, 2014 it has upgraded the current Domain Operations Controller (DOC®) system in a Fort Worth, Tex., rail yard to include RailComm’s Blue Flag Indicator (BFI) System.
Kansas City Southern reported fourth-quarter net income of $114 million, or $1.03 per diluted share, up 12% from $93 million, or 83 cents per diluted share, in the fourth quarter of 2012, based on record fourth-quarter revenue of $616 million.