Ellcon National, a subsidiary of Faiveley Transport, and Amsted Rail have created a joint venture that Faiveley Chairman and CEO Robert Joyeux says "will enable heavy haul railcar customers to purchase complete systems with a
Grupo Mexico announced Thursday that Ferromex, the largest railroad company in Mexico, expects to invest $134 million for the year, mainly on infrastructure renewal, Octavio Ornelas, a director of the company’s transportation arm, said on
Transportation Certification Services (TCS) has providedspring and summertime training to rail workers in six North America locations,offering training in varied disciplines involving Safe Rail Operations, Locomotive Engineering, Service Engineering, Locomotive Inspection, Commuter
Dennis J. Duffy, vice chairman-Operations of Union Pacific and the longest-serving head of the operating department in company history, has decided to retire this fall, UP announced Friday. UP has named Lance
TTCI’s “integrated freight car truck concept” is the next step in improved performance and reliability.
The Association of American Railroads reports that U.S.railroads originated 286,854 carloads for the week ending July 24, up 4.7% from the same week in 2009 but down 13.5% from 2008. Intermodal traffic
San Diego-based eAccess LLC, part of Cubic Corp., said Thursday it will deliver 1 million smart cards to the Port Authority of NewYork & New Jersey’s PATH rail system under a new
London’s Network Rail said Thursday it has awarded the £32 million (roughly $50 million) Thameslink core area resignaling contract to Invensys Rail. The project is designed to provide a significant increase in
American Railcar Industries, Inc. Wednesday reported a second-quarter 2010 net loss of $5.9 million, or 28 cents per share, on revenue of $61.2 million, compared with net earnings of $1.1 million, or 5
In its second-quarter 2010 report, Trinity Industries, Inc. said its Rail Group had revenue of $112.9 million and an operating loss of $2.7 million. This compares to revenue of $303.3 million and a loss
Jacskonville, Fla.-based RailAmerica, Inc. reported late Wednesday that its second-quarter 2010 revenue increased 18% to $117.3 million from $99.7 million. With carloads up 11%, freight revenue increased 17% to $96.5 million. Non-freight
September 18-21, 2011, marks the dates for Railway Interchange 2011, as Minneapolis hosts the first North American event combining the technical conferences of AREMA (American Railway Engineering and Maintenance-of-Way Association) and CMA
The National Transportation Safety Board has determined that contributing factors to last year’s fatal collision of two Washington Metropolitan Area Transit Authority trains were “the lack of a safety culture within WMATA; ineffective
The New York Metropolitan Transportation Authority’s 2011 Preliminary Budget, released Wednesday, proposes fare andtoll increases of 7.5% effective Jan. 1, for riders who use its trains, buses, bridges, and tunnels. It says
Trainyard Tech, LLC says it has signed a contract with Indiana Harbor Belt Railroad Co. to install the CLASSMASTER™ process control system at Blue Island Yard in Hammond, Ind. CLASSMASTER™ is built
Solid earnings in a shaky economy is one reason. The emerging picture of a growth industry is another.
Canadian Pacific second-quarter net increased 97% to C$166.6 million (US$161 million) compared with the second quarter of 2009. Diluted earnings per share were 98 Canadian cents, up 23% from C$0.80 in the
Norfolk Southern Corp. Tuesday reported second-quarter 2010 net income of $392 million, up 59% from the $247 million posted for second-quarter 2009. The railroad’s operating ratio fell five percentage points to 69.8%, a second-quarter
Wabtec Corp. earned net income of $31.2 million in the second quarter, or 65 cents a share, vs. earnings of $30.8 million or 64 cents a share in the same period last year.
L.B. Foster Co. reported Tuesday that net income increased by 125.8% to $6.0 million, or 58 cents per share, in the second quarter of 2010, compared to $2.7 million or $0.26 per
