Portland gets fifth United Streetcar
Clackamas, Ore.-based United Streetcar, LLC has delivered its fifth streetcar to Portland, Ore., completing an order beset by manufacturing delays and potentially bolstering the company’s credibility.
Author: Douglas John Bowen
GWI posts 3Q profit
Genesee & Wyoming Inc. on Friday, Nov. 1, 2013, reported third-quarter earnings of $65.7 million, or $1.16 per diluted share, compared with a loss of $19.6 million, or 47 cents a share, in the third quarter of 2012.
ARI reports “strong” 3Q earnings
St. Charles, Mo.-based American Railcar Industries, Inc. has reported “strong” third-quarter earnings of $35.6 million, or 98 cents per share, up 17% from earnings of $30.3 million in the third quarter of 2012.
St. Louis Loop Trolley meets FTA deadline
Supporters of the St. Louis Loop Trolley, beset by a lawsuit against the proposed line filed earlier this week, have met a Federal Transit Administration deadline to submit required documentation for the project.
Good week for U.S. freight rail volume
Both U.S. freight carload traffic and intermodal volume both rose for the third straight week, and fourth week in the last five, during the week ending Oct. 26, 2013, the Association of American Railroads reported Thursday, Oct. 31, as freight carload traffic continued to show signs of vigor.
FreightCar America reports 3Q loss
FreightCar America, Inc. reported a third-quarter loss in both revenue and earnings Wednesday, Oct. 29, 2013, driven in large measure by lower railcar deliveries, according to one Wall Street analyst.
Lawsuit challenges St. Louis Loop Trolley plan
The beleaguered St. Louis Loop Trolley proposal, already scrambling to meet federal funding requirements, has been sued by plaintiffs alleging it seeks to run beyond its authorized boundaries.
Trinity Industries record 3Q earnings beat Street
Trinity Industries, Inc. reported record third-quarter earnings after the closing bell on Wall Street Wednesday, Oct. 30, 2013, surpassing Wall Street consensus analyst estimates.
LIRR hails renovated Queens Village Station
MTA Long Island Rail Road President Helena E. Williams and New York State Assemblywoman Barbara Clark on Oct. 30, 2013 marked the renovation of Queens Village Station, located within the namesake New York City borough.
D.C. envisions K Street streetcar line
Washington, D.C.’s District Department of Transportation (DDOT) on Tuesday, Oct. 29, 2013 released its recommended preference for a streetcar line linking Union Station with the tony Georgetown neighborhood, primarily along K Street.