UP service pays off for Heinz
Heinz North America’s Carrier of the Year award has historically gone to highway carriers, but Union Pacific Railroad has won the 2011 award. UP said it received the award primarily for its
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Midwest Railcar expands car fleet
Maryville, Ill.-based Midwest Railcar said Monday it is expanding its fleet by 2,400 cars, “combining both newly built and pre-owned railcars.” Newly commissioned 3,250 cubic-foot covered hopper cars will increase the company’s
Higher PATH fares will fund upgrades
Faced with declining revenue and rising capital needs, the Port Authority of New York & New Jersey announced plans Monday for increases in fares on its trans-Hudson PATH rail system and on
BNSF results aid Berkshire earnings
Strong results in its railroad and manufacturing businesses, plus favorable investment earnings, helped Berkshire Hathaway Inc. achieve a second-quarter 2011 net profit of $3.42 billion, or $2,072 per share, compared with earnings
South Carolina city sues to block rail plan
North Charleston, S.C., has filed suit in federal court seeking an injunction to block the Palmetto State’s plan for a rail yard. The filed the suit after the South Carolina Supreme Court
Two new UTA TRAX lines debut
Utah Transit Authority on Sunday launched its two newest TRAX light rail lines for revenue service, with UTA claiming both came in ahead of schedule and under budget at a combined $905
Portland Streetcar sets 10th anniversary party
August 12 marks the 10th anniversary of operation by the Portland Streetcar, generally considered the first “new” U.S. streetcar operation and by far the largest such system to date. Portland, Ore., city
Cleator joins Chicago Freight Car
Chicago Freight Car Leasing Co. has named Robert Cleator vice president of sales and marketing. A 20-year rail industry veteran, Cleator will succeed Paul Deasy, who was recently named president of the
AAR:
The Association of American Railroads today reported “mixed results” for July monthly rail traffic compared with the same month last year, with U.S. railroads originating 1,111,682 carloads, down 1%, and 895,649 trailers
CN investing $155 million in Kirk Yard
Canadian National is investing $165 million to expand Kirk Yard in Gary, Ind., and relocate locomotive repair work now performed at a shop in Homewood, Ill., to the upgraded facility. CN acquired
UP workers set 150-year safety record
Union Pacific announced Thursday that its employees achieved the best first half of the year safety performance in the company’s nearly 150-year history. Union Pacific’s employee reportable injury rate was 1.01, a
Freight Car America sees
FreightCar America, Inc. reported second quarter revenues of $97.6 million and net income of $0.2 million, or $0.02 per diluted share. For the first quarter of 2011, the company had revenues of
L.B. Foster discloses quarterly results
L.B. Foster Company’s 2011 second quarter operating results include income of $6.4 million or $0.61 per diluted share. Second quarter sales increased by $54.2 million or 45.4% due to the inclusion of
China claims high-speed signaling sale
Amid international speculation that its $300 billion high-speed rail program has been seriously damaged by faulty technology and a crash that killed 40 people (pictured), an announcement from Beijing on Thursday claimed the first “international” sale of a high-speed rail signaling system for demonstration purposes.
China claims high speed signaling sale
Amid international speculation that its $300 billion high speed rail program has been seriously damaged by faulty technology and a crash that killed 40 people (pictured), an announcement from Beijing on Thursday claimed the first “international” sale of a high-speed rail signaling system for demonstration purposes.
Greenbrier railcar orders top 18,000 units
In the past two months, the Greenbrier Companies has received orders for 3,700 new railcar platforms valued at approximately $285 million. Combined with orders received since September 1, 2010 (the beginning of
East Penn
Short line holding company Regional Rail LLC on Aug. 1 commenced operations in southeastern Pennsylvania on the York Industrial Track, which it has leased from Norfolk Southern. The York Industrial Track, which
A milestone in NYMTA’s 9/ll recovery
Rising from the destruction inflicted by the 9/ll 2001 terrorist attack, the New York Metropolitan Transportation Authority’s new, $1.4 billion Fulton Street Transit Center in lower Manhattan reached a milestone Tuesday with
Iowa Pacific Holdings sells Arizona Eastern Railway Company to Genesee & Wyoming
Iowa Pacific Holdings, LLC has agreed to sell the Arizona Eastern Railway Co. to Genesee & Wyoming, Inc. in a $90.1 million cash transaction, subject to post-closing adjustments. The Arizona Eastern was
Crossing, trespassing fatalities up slightly
A preliminary count by the Federal Railroad Administration Office of Safety Analysis shows that U.S. railroads reported 290 rail-related fatalities in the January-May period of 2011. Fatalities at highway-rail grade crossings totaled