The Los Angeles County Metropolitan Transportation Authority board Thursday approved plans to place the proposed Regional Connector in downtown Los Angeles fully underground. The vote authorizes a final phase of study before
Amtrak has awarded a six-year, $466 million contract to Siemens Mobility (a division of Siemens Industry, Inc.) for 70 “Cities Sprinter” ACS-64 electric locomotives for Northeast Corridor service. Designed to operate at
Amtrak Sept. 28 unveiled an ambitious vision for “Next-Generation High-Speed Rail service” in the Northeast, superseding and complementing its existing Northeast Corridor, and designed to dramatically reduce travel times between Boston and Washington, D.C. upon full buildout in 2040.
Bigger is indeed better for this transcontinental carrier, which is operating some of the longest freight trains in North America.
Step back from the current political frenzy, say suppliers, and one can see the U.S. passenger rail market as emerging, with great potential.
Construction proceeds to give the largest U.S. regional railroad access to Grand Central Terminal, while a revitalized and upgraded Brooklyn hub goes into service.
U.S. carload freight traffic rose 9.6% during the week ending October 23 over the comparable week in 2009, the Association of American Railroads reported Thursday. Intermodal traffic also rose for the week,
Transportation Secretary Ray LaHood announced Thursday that DOT is sending grants totaling $2.4 billion to 54 rail projects in 23 states qualifying for aid under the Obama Administration’s high speed rail initiative.
The Brussels Transport Company STIB on Thursday confirmed a $235 million order for an additional 65 bi-directional Bombardier FLEXITY Outlook trams. With completion of this order, Brussels will have a fleet of
American Railcar Industries reported Thursday that it had a third-quarter net loss of $6.2 million or 29 cents per share on revenue of $64.8 million, compared with earnings of $.1 million or
The Southern California Regional Rail Authority has awarded a $120 million contract to Parsons to design, procure, and install Positive Train Control (PTC) technology on the 512-mile Metrolink regional rail system. Parsons’
Norfolk Southern late Wednesday reported third-quarter 2010 net income of $445 million, up 47% compared from third-quarter 2009, and diluted earnings per share of $1.19. up 47% The operating ratio improved by
Trinity Industries, Inc. late Wednesday reported net income of $29.7 million, or 37 cents per common diluted share, for the third quarter, compared with $23.2 million, or $0.29 per common diluted share,
TCS Rail Services said Wednesday it will be co-hosting a seminar with the Federal Railroad Administration in Overland Park, Kan., on November 16, entitled “Drug and Alcohol Program Manager Training Session With
Canadian Pacific reported Wednesday that third-quarter revenue increased 15% to C$1.3 billion, reflecting gains that included a 23% increase in industrial and consumer products traffic and a 41% increase in sulfur and
Wilmerding, Pa.-based Wabtec Corp. Wednesday reported third-quarter earnings rose 11% to $51 million, or 63 cents per diluted share, compared with comparable third-quarter 2009 earnings of 57 cents per diluted share. Sales
New Jersey Gov. Chris Christie today again canceled the proposed trans-Hudson rail tunnel, dubbed Access to the Region’s Core (ARC), based in large measure on concerns over cost overruns. The project, initially
Canadian National reported an operating ratio of 60.7%, two points lower than a year ago, in a third quarter that saw net income rise by 21%to C$556 million while earnings per share
Despite the impact of Hurricane Alex on revenue and expenses, Kansas City Southern on Tuesday reported third-quarter net income of $50.2 million, or $0.49 per diluted share (excluding debt retirement costs of
L.B. Foster Co. reported Tuesday that its third-quarter net income rose 6.0% to $6.5 million, or $0.63 per diluted share, vs. $6.1 million or $0.60 per share in the 2009 quarter. Analysts
