news

  • News

Pomponio joins Strategic Rail Finance

Joseph R. Pomponio, the former Director of the Railroad Rehabilitation and Infrastructure Financing (RRIF) program at the Federal Railroad Administration, has joined the consulting staff of Strategic Rail Finance. Pomponio will apply

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Railroader of the Year on video

The Norfolk Southern Corporate Communications group has produced a highlights video of Railway Age Editor William C. Vantuono’s interview with NS CEO Wick Moorman, the magazine’s 2011 Railroader of the Year.  

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GATX Rail: Lease renewal pricing drops

GATX Corp. on Thursday reported Rail segment profit of $39.2 million in the fourth quarter of 2010, compared to $33.9 million in the fourth quarter of 2009, Rail segment profit was $150.6

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UP cites record 4Q, full-year profit

Union Pacific Corp. said Thursday that its fourth-quarter profit increased 41% over the comparable period a year ago, due to an improving U.S. economy and an increase in traffic volume. That helped

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Kinkisharyo hails

Charlotte, N.C., home to LYNX light rail, played host Thursday to Kinkisharyo International’s official unveiling of its LFX-300 low-floor hybrid streetcar, now dubbed “ameriTRAM”™ by the company. Kinkisharyo says it “has completed

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Tampa, Fla., Bayonne, N.J., to mark rail growth

Federal Transit Administrator Peter Rogoff will attend the Jan. 31 dedication of the TECO heritage streetcar line extension in downtown Tampa, Fla., acting as keynote speaker of the line’s Whiting Street Station.

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Railway Interchange 2011 momentum builds

Wall Street transportation analyst Anthony B. Hatch will be the keynote speaker for Railway Interchange 2011, set for Sept. 18-21, 2011 in Minneapolis, according to American Railway Engineering and Maintenance-of-Way Association (AREMA)

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L.B. Foster embarks on Portec integration

On Dec. 16, 2010, after a 10-month process, L.B. Foster Co. completed its acquisition of Portec Rail Products, Inc., thus combining two of the rail industry’s longest-standing suppliers. Both companies are based

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GE announces $2 billion in Chinese deals

During Chinese President Hu Jintao’s visit to the United States this week, General Electric will sign five agreements with Chinese partners that will bring an estimated $2 billion in revenue to the

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AECOM names new HSR head

AECOM Transportation has named Vice President, Strategic Programs John Barna as Director of its National High Speed Rail Practice. He replaces Al Engel, who left AECOM to head Amtrak’s high speed initiatives.

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FTA OKs Honolulu elevated metro line

The Federal Transit Administration Tuesday issued a Record of Decision approving the City and County of Honolulu to proceed with construction of a $5.5 billion, 20-mile elevated metro rail line. “This is

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Minn. HSR alliance touts

More than 300 supporters, elected officials, and business leaders reportedly gathered at the Rochester (Minn.) Art Center with the Southeast Minnesota Rail Alliance (Alliance) Tuesday evening, unveiling “Zip Rail, ” a branding

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Mehlman heads Alstom Transport North American team

Alstom Transport has named Guillaume Mehlman managing director of its North American region. A veteran of 20 years in the railroad and nuclear power industries, Guillaume’s past duties included managing the company’s

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GWI railroads use RailComm dispatch system

Fairport, N.Y.-based RailComm said Monday it has provided the GCOR dispatch system for Greenwich, Conn.-based Genesee and Wyoming’s (GWI) 16 Southern Region railroads. RailComm’s state-of-the-art Domain Operations Controller (DOC®) train control system

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Time running out to register for ARDA meeting

Less than one month remains to register for the 2011 American Railway Development Association Executive Forum, being held Feb. 16 in the David R. Goode Office Building, Atlanta, Ga., from 8:00 a.m.

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U.S. freight traffic starts 2011 well

U.S. freight carload traffic rose 20.1%, and U.S. intermodal gained 8.6%, in the first week of 2011, ending January 8, compared with 2010’s first week, the Association of American Railroads reports. AAR

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Maine cleared to take over short line ROW

Federal officials Thursday gave Maine’s Department of Transportation final approval to assume control of 233 miles of the Montreal, Maine & Atlantic Railway in the northern portion of the state. The state

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Both CN and CP face possible strike

Both Canadian National and Canadian Pacific could face a strike by more than 6,000 members of the Canadian Auto Workers union, which represents workers within Canada’s two Class I railroads. CAW says

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Kinkisharyo readies hybrid streetcar debut

On Jan. 20, Charlotte, N.C., will host the official U.S. unveiling of “the first 100% low-floor, electro-hyrid streetcar engineered for North America’s sustainable cities” by Kinkisharyo, according to Kinkisharyo. The ceremony, scheduled

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CP zeros in on C$1 billion in capex

Canadian Pacific Railway plans to spend between C$950 million and C$1.05 billion on capital projects in 2011, up measurably from the C$750 million to C$800 million it spent last year. Final capex