British-based Nomad Digital has signed a £1.5 million ($2.3 billion) contract with Swiss train manufacturer Stadler Bussnang AG to equip 50 new FLIRT trains with its high speed broadband communications system for
The Association of American Railroads reported Thursday that freight volume on U.S. railroads continues to show signs of recovery, with both carload and intermodal traffic registering gains from last year during the
RailAmerica, Inc., reported that its total freight carloads for the month ended February 28, 2010 were 66,409, up 1.4% from 65,488 in February 2009. These results exclude the discontinued Ottawa Valley Railway
Oscar Munoz, CSX Corp. chief financial officer, told a J.P. Morgan conference in New York Tuesday that the railroad is moving toward “double-digit” earnings growth this year, a forecast based on a combination of
The Association of American Railroads said Wednesday that carload traffic for 14 of the 19 major commodity groups was higher last month than in February 2009. Excluding coal carloads, which were down 9.9%, U.S.
Railway Age magazine Wednesday named Greenville & Western Railway Co. LLC the 2010 Short Line Railroad of the Year, and the Northern Plains Railroad its 2010 Regional Railroad of the Year. The awards
STV, Inc. announced Wednesday that Joseph F. North has joined the company as avice president and project manager for operations, safety and security in thefirm’s Transportation and Infrastructure Division. North reports to
New Jersey Transit’s RiverLINE diesel light railway system, operated by Bombardier Transportation, today marked five years (1,890 days) without a single lost-time injury. The RiverLINE, which on March 15 marks six years
Transportation Secretary Ray LaHood had a “little bit of political advice” for the airline industry Tuesday. “Don’t be against high speed rail,” LaHood said. “It’s coming to America. This is the President’s vision, this
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Exactly one year ago, on March 9, 2009, the stock market hit its lowest point of the recession, and it was an abyss. Many blue chips had lost half or more of their value
Two leading railroad industry analysts have weighed in with projections on railroad traffic and revenue growth. Dahlman Rose & Co. recently held a seminar with freight economist and transportation industry veteran Noel
Despite the impact of economic recession, Americans “took more than 10 billion trips on public transportation in 2009,” the American Public Transportatin Association reported—the fourth straight year ridership topped the 10 billion
Vice President Joe Biden and U.S. Transportation Secretary Ray LaHood jointly announced the award of the $600 million remaining from the $7.5 billion federal stimulus funding made available to transit projects in the Recovery Act
By Douglas John Bowen, Managing Editor Dallas gets it. It’s expanding its existing light rail transit network, augmenting regional rail, and bolstering existing Amtrak service, even as it faces the bumpy
Bombardier Transportation said Monday it has won a new order to deliver its CITYFLO 350 wayside package to Line 1 of the Lima, Peru, Metro. The contract, worth $22 million, was awarded by
Kansas City Southern announced Monday that it has acquired the Puerta Mexico intermodal facility at Toluca in the State of Mexico on KCS’ International Intermodal Corridor. “Puerta Mexico is well-positioned, making it a valuable
By Anthony D. Kruglinski Our regular readers know that in addition to being a Contributing Editor at Railway Age, I am the President of Railroad Financial Corp., a financial advisor that
By William C. Vantuono, Editor Michael Ward’s reputation as a highly effective railroad manager is eminently well deserved as the cover story of our March 2010 illustrates. “As a company, we’ve
