February 14, 2001 The North Carolina Department of Transportation Rail Division has installed the state’s first solar-powered highway-rail grade crossing warning system. Consisting of lights, bells, and gates, the system, designed and
Norfolk Southern has awarded 46 customers its 14th annual Thoroughbred Chemical Safety Award for 2009 “in recognition of their safe handling of hazardous chemical products.” The award is earned by a company
Kawasaki Railcar USA is the apparent winning bidder tosupply 23 new R-188 subway cars to MTA New York City Transit under an $87million contract. The contract contains a $384 million option to
A $1 million U.S. Department of Transportation CMAQ (CongestionMitigation and Air Quality) grant will enable the New York & AtlanticRailway, which operates MTA Long Island Rail Road’s freight service, to loweremissions from
The most recent freight car building forecast from Economic Planning Associates calls for assemblies of 16,000 units this year, based on current backlogs, first quarter assemblies, and anticipation of modest orders for
CSX Transportation and Canadian Pacific subsidiary Delaware & Hudson Railway have asked the Surface Transportation Board to approve a joint use arrangement in a north-south rail corridor linking the New York City metropolitan area with
By Richard F. Timmons President, American Short line and Regional Railroad Association In the midst of unprecedented and historic regulatory changes demanding our attention and resources during the past year, short line
Union Pacific said late Thursday it is the first railroad to earn the Eastman Chemical Company Supplier Excellence Award for overall company performance. The award signifies consistent performance in providing Eastman with
WLRoss-Greenbrier Rail Holdings, which was formed by WL Ross & Co., a private equity firm, and The Greenbrier Companies, announced Friday that it has acquired a lease portfolio of nearly 4,000 railcars valued at approximately
A short line plots land use development and alternative energy options, along with acquiring a right-of-way, to best advantage—and beats recessionary odds.
Parsons Brinckerhoff has appointed Richard A. Schrader chairman, succeeding Keith J. Hawksworth, who is retiring after 33 years with the firm. In his new position, Schrader, currently Executive Vice President and Chief
New York City Transit’s subway and bus system will eliminate 1,722 jobs—by layoffsor attrition—by July 4, according to information filed with state authorities. The planned elimination of the V and W subway routes
Both U.S. carload freight and intermodal traffic showed strength in the week ended April 24, the Association of American Railroads reported Thursday. Carload volume was at its highest level since the first
American Railcar Industries late Wednesday reported a first-quarter net loss of $7.0 million, or 33 cents per share, on revenue of $52.3 million, compared with earnings of $2.7 million, or 13 cents
Trinity Industries, Inc. late Wednesday reported first-quarter revenue of $454.0 million, down from $793.5 million for the samequarter of 2009. Net income of $2.0 million, or $0.07 per common diluted share, included
Genesee & Wyoming Inc. Thursday said its first-quarter net was $16.0 million, up 15% from $13.9 million recorded in the first quarter of 2009. GWI’s diluted earnings per share of 39 cents
Dallas Area Rapid Transit has set December 6, 2010 as the date for completion of the final sections of the Green Line light rail project. Two sections, one from MLK, Jr. Station
Canadian Pacific earned first-quarter net income of C$100 million, an increase of 74% from first-quarter 2009. Earnings per share were C$0.59, up from C$0.36 and ahead of the Wall Street consensus estimate of C$C0.51.
Prudent and persistent capital investment has positioned Union Pacific for a robust recovery.
Although the Railroad Safety Improvement Act of 2008 was written primarily for the Class I’s, many of the short line and regional railroads that touch roughly one out of every five carloads the Class I’s handle will have to deal with this mostly unfunded mandate.
