As Washington, D.C. struggles to plant its first new streetcar line within the district’s northeast quadrant, planners are considering a new 1.8-mile streetcar route along 14th Street, Northwest, tying the proposal to
Fairport, N.Y.-based RailComm said Monday CSX will be expanding its Domain Operations Controller (DOC®) system located at the Class I railroad’s Boyles Yard in Birmingham, Ala. RailComm will provide modifications to the
Transportation experts say the budget-squeezed British government could reap as much as 1.5 billion pounds ($2.23 billion) from the planned sale of HS1 Ltd, which has a 30-year concession to run state-owned
While U.S. Class I railroad employment continues its slow recovery from the depths of the economic downturn last year, the numbers remain significantly below pre-recession levels, a study of Surface Transportation Board reports for the
The Association of American Railroads Friday announced its release of the 2010 edition of the Freight Commodity Statistics publication, which presents comprehensive 2009 data for Class I railroad traffic by commodity. More
Phoenix-area regional transit planners expect to recommend a 2.5-mile streetcar line, and not a light rail extension, to serve Tempe, Ariz.Along Mill and Southern avenues. If accepted by the Tempe City Council,
Dalman Rose & Co. has raised its second-quarter 2010 and full-year EPS (earnings per share) estimates for all Class I railroads “a ssignificantly better-than-expected volume growth should translate into strong incremental margins,”
Union Pacific has made Bloomberg BusinessWeek’s 2010 list of the of the 50 top-performing stocks, with a five-year return of 127.9%. UP is ranked No. 44. During the same period— March 31, 2005 to
The Association of American Railroads reports that for the week ended June 12, intermodal traffic on U.S. railroads totaled 223,075 trailers and containers, up 17.7% from last year and down only 2.3% from pre-recession 2008.
Austin, Tex.’s Capitol Metropolitan Transportation Authority Board of Directors Thursday unanimously named Linda S. Watson as its new CEO. Watson was one of two finalists, given the nod over Deborah Wathen Finn, president
Vancouver, Wash., across the Columbia River from larger neighbor Portland, Ore., has resisted being included in any light rail transit plans for decades. But the Washington municipality’s opposition appears to be slowly
Nomad Digital Ltd. Thursday said it has been awarded a contract with Talgo Inc. to “deliver and operate a high quality wireless broadband and live passenger information system on all Talgo’s train
Canadian Pacific has joined the Windsor Port Authority and Borealis Infrastructure, a division of the Ontario Municipal Employees Retirement System, in forming the Continental Rail Gateway coalition (CRG) to promote the development, funding, and construction
In a struggling economy, how have the railroads been able to produce solid earnings, consistently outperforming financial barometers like the Dow Jones Industrial Average or the S&P 500? It can be summed
“Get on Board” is the theme for a cocktail reception and fundraiser planned for Sept. 30, 2010, by L.A. Streetcar, Inc., an advocacy group promotinga namesake project.
Bombardier Transportation has won the tender from Swiss Federal Railways (Schweizerische Bundesbahnen, or SBB) to supply 59 TWINDEXX double-deck trains for intercity rail travel. The contract, valued at $1.6 billion, makes the TWINDEXX
The Denver Regional Transportation District (RTD) has selected Denver Transit Partners (DTP), a team jointly led by Fluor and Macquarie Capital Group, as the preferred bidder to finance, design, build, operate, and
Russian Railways President Vladimir Yakunin met Monday with Ukraine Prime Minister Mykola Azarov, Transport Minister Kostiantyn Yefymenko, and Ukrainian State Railways Director Mykhailo Kostyuk to advance high speed rail opportunities between the
The Supreme Court Monday agreed to hear arguments over whether a 4% tax that Alabama collects from the railroad industry for its use of diesel fuel can be challenged as discriminatory. Railroad
AECOM Technology Corp. has announced its acquisition of Madrid, Spain-based INOCSA Ingenieria, S.L., a professional technical services firm. The acquisition bolster Los Angeles-based AECOM’s global presence; INOCSA has offices in Bosnia, Georgia,
