Bidding begins for Tucson streetcar project
Tucson, Ariz., officials on Friday said contractors can start bidding today on the city streetcar construction project. Bids are due by the end of the month, and the city may select a
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Amtrak readies NEC bridge replacement
Continuing to upgrade and replace bridges in Connecticut on its Northeast Corridor, Amtrak is preparing to replace two bridge spans in Stonington, Conn, and will suspend passenger service from 4:00 p.m. Saturday, Nov. 5, though noon Sunday, Nov. 6.
11 charged in LIRR disability fraud case
U.S. prosecutors Thursday charged 11 people, including former Long Island Rail Road employees, with an alleged $1 billion fraud involving hundreds of railroad workers filing false disability claims. The fraud reportedly also
Bombardier wins Switzerland’s Tell Award
Bombardier announced Thursday that it has received the Tell Award for the most significant technology project in Switzerland in recognition of its development for the company’s TWINDEXX Swiss Express intercity trains and
GWI
The Association of American Railroads Wednesday awarded its 2011 Professional Environmental Excellence Award to Genesee & Wyoming (GWI) Vice President for Motive Power David Powell. Based in Jacksonville, Fla., Powell has 19
American Railcar backlog at three-year high
American Railcar Industries reported Wednesday that its backlog swelled to approximately 7,110 cars as of Sept. 30, the largest since June 2008. The backlog includes approximately 1,700 cars for lease. The company
NS: Record earnings, operating ratio at 67.5%
Norfolk Southern Corp. late Wednesday announced record third-quarter net income of $554 million, up 24% compared with the same period of 2010. Diluted earnings per share were a record $1.59, up 14%.
RailAmerica revenue and earnings rise
RailAmerica, Inc. third-quarter revenue increased 7% to $104.7 million with average revenue per car up 14% and carloads down 6%, the company announced Tuesday. Non-freight revenue increased 14% to $35.0 million. RailAmerica
Trinity backlog grows to $2.4 billion
Trinity Industries, Inc. has reported third-quarter net income of $31.9 million, compared with $39.7 million for the same quarter of 2010. Revenue for the third quarter was $796.8 million compared with $540.0
NYC ponders subway line into New Jersey
A $250,000 study by Parsons Brinckerhoff, due to be publicly released soon, is expected to endorse a proposal to extend New York City Transit’s No. 7 subway line under the Hudson River
CN 3Q earnings rise, beat Street
Canadian National late Tuesday reported earnings of C$621 million, or C$1.38 a diluted share, for the third quarter, up 12% from the comparable quarter in 2010 and beating Wall Street analyst expectations
FRA Deputy Chief Rae returning to NYDOT
New York Gov. Andrew M. Cuomo has picked Deputy Federal Railroad Administrator Karen Rae to serve as the Deputy Secretary of Transportation in the Governor’s Office. Rae previously served as Deputy Commissioner
Alcatel-Lucent, Adif in C&S R&D pact
Alcatel-Lucent and Adif, a Spanish state-owned company responsible for the management of Spain’s railway infrastructures, on Tuesday said they have signed a collaboration agreement for the testing of communications technologies for use
Harsco notes new equipment orders
Harsco Corp. on Tuesday announced new orders for railway track maintenance equipment from New Zealand and North America, expected to generate revenue of more than $13 million and add to Harsco Rail’s
Wabtec sets 3Q earnings record
Wilmerding, Pa.-based Wabtec Corp. Tuesday reported record third-quarter earnings of $46.6 million, or 96 cents per diluted share, 33% higher than the comparable quarter in 2010. Sales also set a record at
Port Jervis Line restoration ahead of schedule
Metro-North Railroad President Howard Permut on Monday said full service on the railroad’s Port Jervis Line will be restored Monday, Nov. 28, roughly one month ahead of the most optimistic projection. Permut
Canadian Pacific 3Q earnings slip
Canadian Pacific early Tuesday announced third-quarter net income of C$186.8 million, or earnings of C$1.10 per share, down 5%, or 7 Canadian cents per share, from earnings of C$197.3 million in the
Intermodal strengthens Hub Group earnings
Hub Group, Inc. late Monday reported third-quarter earnings of $16.3million, a 29% increase compared with the third quarter of 2010. The Hub segment’s revenue increased 17% to $561 million. Third-quarter intermodal revenue
Patriot Rail and CF Rail sign service agreement
Boca Raton, Fla.-based Patriot Rail Corp., a short line and regional railroad operator, and CFRail Services, a transportation asset services and investments company,have entered into long-term railcar services agreements at threePatriot-owned railroads.
Two firms acquire intermodal dry van fleet
Milestone Equipment Corp. and Scrap Metal Services LLC on Monday announced the acquisition of 7,300 intermodal dry van trailers.** The heavy-duty dry van trailers are operated under leases throughout North America in