VanDeluyster retires from Nordco
After more than 38 years of service, Gary VanDeluyster, a well-known and highly respected member of the railroad maintenance-of-way community, has retired from Nordco Inc. VanDeluyster started as a draftsman in the
news
NJ governor: We
New Jersey Gov. Chris Christie has repeated his pledge not to repay the federal government $271 million, which the federal says is owed it despite the cancellation of Access to the Region’s
CSX increases 2011 capex 11% to $2 billion
CSX Corp. announced that it plans to invest $2 billion in capital improvements in 2011, 11% more than the $1.8 billion it spent in 2010. CSX said approximately two-thirds of the 2011
Ansaldo STS wins two U.S. cab signaling orders
Ansaldo STS says it has been awarded two separate contracts for U.S.-based cab signaling projects, totaling approximately $18 million. One contract with Bombardier Transportation involves supplying cab signaling for 100 railcars; a
Groups laud Obama
Varied interests supportive of high speed rail, and indeed other forms of passenger rail transit, on Wednesday rushed to offer support for President Obama’s advocacy of improving transportation infrastructure as outlined in
Canadian National 4Q net declines
Canadian National Tuesday reported its fourth-quarter net income of C$503 million, or C$1.08 per share, compared with C$582 million, or C$1.23 per share, in the fourth quarter of 2009. The results fell
CP fourth-quarter earnings up 27%
Canadian Pacific Railway early Wednesday said its fourth-quarter profit jumped 27%, with net income of C$186 million, or C$1.09 a share, up from C$146 million or 87 Canadian cents a share, in
NS income up 31%; 2011 capex up 19%
Norfolk Southern Corp. late Tuesday reported fourth-quarter 2010 net income of $402 million, or $1.09 per diluted share, 31% higher than the $307 million, or 82 cents per diluted share, the company
Railinc launches DDCT system
Railinc Corp. said Tuesday its new Damaged and Defective Car Tracking (DDCT) system has been launched successfully, and is now operational for rail carriers, freight car owners and freight car repair shops.
CSX 4Q beats Street estimates
CSX Corp. late Monday reported fourth-quarter earnings of $430 million, or $1.15 a share, up 48% from the $303 million, or 77 cents a share, in the fourth quarter of 2009. That
Charlotte ready to OK truncated LRT extension
Seeking to contain costs, Charlotte, N.C.’s Metropolitan Transit Commission is preparing to approve a plan Wednesday truncating the extension of its Charlotte Area Transit System (CATS) light rail by 1.2 miles. The
New Orleans streetcar expansion plan advances
New Orleans Regional Transit Authority Chairwoman Barbara Major said Mondayshe expects the RTA Board of Directors to approve completion of design work on the French Quarter streetcar loop. RTA has $90 million
CSX yard to expand RailCom DOC system
CSX will be expanding its RailComm Domain Operations Controller (DOC®) System located in Willard, Ohio, says Fairport, N.Y.-based Railcomm. The DOC System will be modified to add three (3) additional power switches
AAR: Traffic strong in second week of 2011
U.S. carload freight traffic rose 7.5% in the second week of 2011 ending January 15, compared with the same week a year ago, The Association of American Railroads says. U.S intermodal volume
Fort Worth ponders passenger rail options
The Fort Worth Transportation Authority (The T) will host three community meetings for its Southeast Fort Worth Rail Feasibility Study to give communities an overview of the study and to solicit their
UTA FrontRunner taps INIT
INIT, Innovations in Transportation, Inc., said Thursday it has signed a contract with the Utah Transit Authority for the installation of an Intelligent Transportation Solution to be fitted on more than 35 FrontRunner regional rail vehicles.
ShipCarsNow launches new website
Union Pacific’s ShipCarsNow has launched a newly designed website that simplifies the shipping process for car dealers and remarketers. The company says site features include more straightforward navigation, simple customer login, easy
Commentary
Financial Edge: Examining the financial crisis fallout (January 2011)
By Tony Kruglinski, Financial Editor As readers of this column already know, the rail industry has enjoyed more than 30 years of seemingly limitless financing of its equipment needs by banks, insurance
Commentary
From the Editor: A railroader
By William C. Vantuono, Editor In his own words, Norfolk Southern CEO Wick Moorman, Railway Age’s 2011 Railroader of the Year, was a kid who loved trains. A fully qualified and
Rail employment up 5.23% at end of year
The Surface Transportation Board reported Thursday that U.S. Class I railroad employment totaled 154,400 in December, up 5.23% from December 2009 but down 0.41% from November 2010. The transportation (train and engine)