FreightCar America reported its fourth-quarter and full-year 2014 results Tuesday, Feb. 17, 2015, after the closing bell on Wall Street, highlighted by positive net earnings in 2013 compared with a net loss in 2013.
By a roughly 2-to-1 majority, Sacramento, Calif., property owners along a proposed streetcar route have approved plans to fund $30 million toward the cost of the 3.3-mile, $150 million project.
For the second straight week, U.S. intermodal volume slipped fractionally behind levels of 2014 even as total U.S. freight traffic gained ground, the Association of American Railroads said Wednesday, Feb. 18, 2015.
Construction of the $43 million St. Louis Loop Trolley could begin next month, local officials said Tuesday, Feb. 17, 2015, countering mounting speculation that the project had stalled and was unlikely to survive.
El Paso, Tex., may become the next U.S. city to turn to restored President’s Conference Committee (PCC) cars in an effort to restore streetcar service.
Wabtec Corp. on Wednesday, Feb. 18, 32015, reported record results for 2014, with expectations of repeating the accomplishment in 2015.
Roughly 3,000 union train and operations employees returned to work on Monday, Feb. 16, 2015 following a 36-hour strike against Canadian Pacific Railway, after CP agreed to binding arbitration, thus pre-empting any back-to-work order from the Canadian federal government.
Unitrac Railroad Materials on Tuesday, Feb. 17, 2015 announced Lizabeth Albanese has been promoted to national sales manager.
Chicagoland’s Metra has awarded Progress Rail Services Corp. a $91.1 million contract to rehabilitate 41 EMD F40PH-2 and F40PHM-2 locomotives to “like new” condition. The locomotives were manufactured between 1989 and 1992.
VHB has announced its acquisition of GMB Engineers & Planners, Inc. (GMB), a transportation firm with offices in Orlando and Chipley, Fla., and in Atlanta.