The Federal Transit Administration has granted approval to begin preliminary engineering for the Southwest Corridor, the third proposed light rail transit line for Minnesota’s Twin Cities. The 15-mile line would link downtown
The United Transportation Union announced that its members in each of the six crafts eligible to vote, by a 60%-40% margin, have ratified a national rail contract, retroactive to Jan. 1, 2010,
The Federal Transit Administration on Thursday gave the go-ahead to Detroit to proceed with its plans for light rail transit in the Motor City. FTA posted its Record of Decision supporting the
Greenwich, Conn.-based Genesee & Wyoming Inc. on Thursday said it has completed its acquisition of the Arizona Eastern Railway (AZER) from Iowa Pacific Holdings, LLC for $90.1 million in cash, subject to
In the coming decades, America faces an infrastructure crisis. Freight volume in the U.S. is projected to grow by 70% by 2020. We are already seeing the first inklings of the crisis.
Global trends, including tight oil supplies, almost guarantee more U.S. rail transit. Growth will come, even if federal support shrinks. Federal capital grants for rail transit started in 1964 when Lyndon Johnson
U.S. railroads are a vital link to our nation’s economic future. They serve nearly every agricultural, industrial, wholesale, retail, and resource-based sector of the economy. Our freight trains touch almost every part of American lives.
With 736 railroads reporting, the Federal Railroad Administration’s Office of Safety Analysis late Wednesday issued a preliminary report showing that 5,257 accidents/incidents were recorded during the first six months of 2011, 7.9%
Both U.S. freight carload volume and U.S. intermodal traffic declined for the week ending Aug. 27, the Association of American Railroads reported Thursday. U.S. freight carload volume dipped 0.8% for the week
Transportation Secretary Ray LaHood on Friday is scheduled to authorize federal funds to improve Tower 55 in Fort Worth, Tex. The funds will be channeled through the Texas Department of Transportation Rail
The American Public Transportation Association (APTA) late Wednesday released a statement by APTA President William Millar, which said: “On behalf of the more than 1,500 members of the American Public Transportation Association
I’m sitting here during the Dog Days of summer recuperating from major surgery as well as the experience of advising one of the potential purchasers of GE’s railcar leasing business, which was for sale up until recently.
High performance wheels can offer improved safety and an extended life cycle. Wheelset removals are the largest freight car maintenance expense item in North America, accounting for half of all car maintenance dollars. Wheel tread damage is the single largest cause of wheelset removals, and wheel wear is another major factor limiting wheelset life.
As New York Penn Station marks a century of service, planners are gearing up for the next 100 years. A century ago, the Pennsylvania Railroad was in the midst of one of the most expansive infrastructure capital programs in the history of the United States.
Current technology is not only more reliable, it’s highly intelligent. When it comes to grade crossings, protecting people and equipment is the top priority for all railroads. Suppliers are making that job easier by ensuring everything from the bells and lights to the communications mechanisms are all focused toward one goal: safety.
If the past few months are any indication, the answer is yes. Just ask BNSF. BNSF Railway posted a double-digit return on net investment for the 12 months ending June 30, 2010—right through the worst of the Great Recession.
Bombardier Transportation increased its revenue by 26%, reaching $2.7 billion for the second quarter ended July 31, compared with $2.1 billion for the corresponding period last fiscal year, Bombardier Inc. announced Wednesday.
Global Railway Industries Ltd. announced Tuesday that its shareholders have approved the proposed sale ofCAD Railway Industries Ltd. and the winding-up of Global. “As previously disclosed,” said the company, “closing of the
Norfolk Southern CEO Wick Moorman says he believes that despite a weaker second-quarter economy, “the causes are not necessarily indicative of larger problems,” and “we certainly don’t see the likelihood of a
The Timken Company has appointed Brian J. Ruel to the position of vice president of rail, effective Oct. 1 upon the retirement of Roger W. Lindsay. Ruel most recently held the position
