CP’s Harrison sets 2018 financial goals

At Canadian Pacific’s 2014 Investor Conference, CEO E. Hunter Harrison unveiled new growth targets out to 2018, and “a multi-year strategy to drive superior service and financial profitability, including more than doubling the company’s earnings per share.”

InnoTrans 2014 touts “major success”

As InnoTrans 2014 drew to a close on Friday, Sept. 26, 2014, show sponsors claimed the event was “the best InnoTrans to date” and hailed the Berlin-based event as a “major success.”

Seattle First Hill streetcar launch inches closer

Beset by delays throughout 2014, the launch of revenue service on Seattle’s First Hill streetcar line is now tentatively set for this November.

ZTR introduces low-profile axle generator

ZTR now offers its Locomotive Axle Generator™ in a PCD (pitch circle diameter, also known as BCD, or bolt circle diameter) 6 X 4.5 bolt pattern. The new device is designed for non-Timken bearings, and complements ZTR’s Locomotive Axle Generator™ for Timken bearings, launched in late 2013.

Streetcars belong. Yes, still on the street

More than two years ago, this rail advocate held to the belief that “Streetcars belong. Even on the street.” I maintain this belief now more than ever, in the face of a rising tide of streetcar critics intent on scuttling the mode as it regains a solid foothold in North America. Make that “because it’s regaining” a solid foothold in North America. On the streets of North America, their stomping grounds, where, so some assert, they shouldn’t be in the 21st century.

InnoTrans touts “Future Mobility Park”

Modal options, some only distantly related to rail, some purportedly transcending rail, will be featured at the “Future Mobility Park” hosted by InnoTrans 2014, scheduled to take place Sept. 23-26, 2014 in Berlin, Germany.

Illinois, IAIS reach Quad Cities “milestone”

The state of Illinois said Monday, Aug. 4, 2014 it and Iowa Interstate Railroad (IAIS) had reached a “key milestone” in developing intercity passenger rail service linking Chicago and the Quad-Cities of Moline and East Moline, Ill., and Davenport and Bettendorf, Iowa.

Tanks, hoppers drive ARI record 2Q 2014 financials

Based largely on an increase in demand for its tank cars and hopper cars, American Railcar Industries, Inc. (ARI) on July 30, 2014 reported record earnings and revenues for second-quarter 2014.

Tanks, hoppers drive ARI record 2Q 2014 financials

Based largely on an increase in demand for its tank cars and hopper cars, American Railcar Industries, Inc. (ARI) on July 30, 2014 reported record earnings and revenues for second-quarter 2014.

Tanks, hoppers drive ARI record 2Q 2014 financials

Based largely on an increase in demand for its tank cars and hopper cars, American Railcar Industries, Inc. (ARI) on July 30, 2014 reported record earnings and revenues for second-quarter 2014.
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