Author: Administrator

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Miner Enterprises updates pocket guide

Geneva, Ill.-based freight car component supplier Miner Enterprises, Inc., has announced its release of an updated Installation and Inspection Pocket Guide. The company says the guide, Version 4.0, is available in English

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Coal volume slump leads freight traffic decline

U.S. freight carload traffic for the week ended March 28 declined 24.4% from the comparable week in 2008, the Association of American Railroads reported, with coal traffic slumping significantly. U.S. intermodal traffic

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Analyst: UP “has the most compelling growth opportunities”

After a meeting with senior management, Morgan Stanley analysts William Greene and Adam Longson have concluded that Union Pacific—its only overweight-rated stock in freight transports—is well-positioned for long-term growth. Greene and Longson,

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Bombardier earnings reach record $1 billion

Bombardier Inc. announced Thursday that it earned a net profit of $1 billion in the fiscal year ended Jan. 31, a record, on revenue of $19.7 billion. The train and plane manufacturer earned $317 million on

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Industries invest $2.2 billion along NS lines

Norfolk Southern customers invested $2.2 billion in new and expanded facilities along the railroad’s lines in 2008. The investment is expected of generate 136,000 carloads of new rail traffic annually and create 3,623 new jobs

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UATP cardholders add Amtrak access

Washington, D.C.-based Universal Air Travel Plan, Inc. (UATP) has added Amtrak as a corporate partner, allowing corporate card holders to make Amtrak purchases at all points of sale with their UATP cards.

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FTA OKs TriMet preliminary engineering for Orange Line

Portland, Ore.’s TriMet will proceed with preliminary engineering for its sixth light rail line, this one to Milwaukie, Ore., with approval from the Federal Transit Administration. FTA’s approval allows TriMet to proceed

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Trainyard Tech acquires GE’s PROYARD™

Trainyard Tech, LLC has signed an agreement with General Electric Transportation Systems Global Signaling to acquire GE’s PROYARD™ product line. The agreement was signed March 26; transfer of technology and business will