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For the full year 2009, Wabtec Corp. Tuesday reported earnings per diluted share of $2.39, on sales of $1.4 billion. "The company generated strong cash flow from operations of $161 million, or 11.5%, marking
There’s a new entry on the National Transportation Safety Board’s "Most Wanted List" of transportation safety improvements. It’s "Improve Transit Railcar Design," and it gets a "yellow" designation, which means "Acceptable Response, Progressing Slowly." In
The New York Metropolitan Transportation Authority’s “countdown clocks” are designed to bring next-train information to passenger platforms. One system, tested on the L (Canarsie) line (pictured), New Yorks first line equipped with
With business expected to be "flat or slightly up," Wabtec Corp. today issued 2010 earnings per share guidance of $2.35-$2.50. The company had not previously issued 2010 guidance. Wabtec also updated its
Madrid-based CAF (Construcciones y Auxiliar de Ferrocarriles, SA) says it is working to address problems involving loose bolts in Pittsburgh’s light rail vehicle fleet, operated by the Port Authority of Allegheny County (Pennsylvania).
For railroad suppliers who are wondering how BNSF Railway’s large capital improvement programs will fare under new ownership, there’s reassuring news in the transcript of an in-house interview between Warren Buffett and BNSF CEO Matt
MEDIA ISO9660 CD-ROM. Macintosh formatted: Zip disk. Please include publication name, issue date, name and phone number, contact person, and a printout of the directories on all media supplied. Railway Age will
The New York Metropolitan Transportation Authority has learned that revenue from a new payroll tax for transit will run about $200 million short of expectations, a development that MTA’s chief financial officer, Gary Dellaverson, called
The Federal Trade Commission has given Berkshire Hathaway, Inc. antitrust approval for its planned takeover of Burlington Northern Santa Fe Corp.,operator of BNSF Railway. The approval, which was expected, appeared Mondayin a list of antitrust