news

  • News

Deadline looms for Huron Central Railway

Communities lining Ontario’s North Shore are racing to beat an Aug. 15 deadline to preserve freight rail service on the Huron Central Railway, linking Sault Ste. Marie and Sudbury. A committee formed to implement a rescue plan says any measure would require infrastructure investment by senior levels of the provincial government.

  • News

Senate confirms Elliott after Futhey flap

United Transportation Union International President Malcolm B. Futhey (top photo) on Thursday apologized to a Senate committee for his “badly chosen” words, posted on the UTU website, that seemed to claim credit

  • News

RailAmerica plans IPO up to $300 million

RailAmerica, which operates 40 small railroads, is going public and will offer up to $300 million in stock in an initial public offering. The company is owned by Fortress Investment Funds, which

  • News

New Muni LRV shop earns recognition

The San Francisco Municipal Transportation Agency (SFMTA) Muni Metro East Light Rail Maintenance and Operations Facility has been named the American Public Works Association (APWA) Public Works Project of the Year for

  • News

PATH awards control center contract

Port Authority Trans-Hudson Corporation (PATH), New York, has awarded Ansaldo STS USA a $24.7 million contract to supply a traffic control center. The new system, which will include CTC (centralized traffic control),

  • News

EPA: 2Q freight car production results “not surprising”

Economic Planning Associates on Tuesday released its second-quarter 2009 freight car analysis, and, based on production figures obtained from the Railway Supply Institute American Railway Car Institute Committee, the freight car market

  • News

UP’s current capital program: $2.6 billion

Despite deteriorating traffic conditions earlier this year, Union Pacific is maintaining its capital spending program at a high level. In a filing with the Securities and Exchange Commission late in July, UP

  • News

Miner opening doors in Brazil

Vale, the Brazilian multinational mining corporation, has selected Miner Enterprises, Inc. to supply AggreGate® ballast systems on ballast hoppers built by Brazilian railcar manufacturer Amsted-Maxion Fundacao e Equipamentos Ferroviarios Ltda. The air-powered

  • News

SCRRA selects project manager

Southern California Regional Rail Authority (Metrolink) has awarded a three-year, $20 million contract to RailPros, Inc. for on-call project management, construction management, and staff augmentation services. RailPros will provide services for such

  • News

KCS completes $785 million common stock issue

Kansas City Southern has successfully completed a new common stock issue, selling 4,330,208 shares at an average price of $17.32 per share or a total of $75 million. The issue was sold

  • News

Train accidents decline 29.4% through May

The Federal Railroad Administration released preliminary railroad safety statistics for the first five months of 2009 on Friday, and they showed strong improvement across the board. A total of 4,164 accidents/incidents were

  • News

Amtrak and IBM sign new IT services contract

IBM announced Friday that it has signed a new five-year information technology (IT) agreement with Amtrak to provide data center services including mainframe, mid-range server, security services, asset management and desktop support

  • News

Portec sees positive signs in challenging quarter

Portec Rail Products, Inc., has reported reduced revenues and earnings for both the second quarter and the first half of 2009, but President and Chief Executive Officer Richard J. Jarosinski said he