As speculation rises over the future of the Montreal, Maine & Atlantic Railway (MM&A) following the July 6, 2013 derailment in Lac-Megantic, Quebec, officials in Maine are pondering options for continue shipment of crude by rail through other means.
Interfleet Technology Inc. North America President Larry Kelterborn will be stepping down from his current position effective Aug. 1 2013, assuming a consultant role. Parent company SNC-Lavalin Transportation Senior Vice President Bill Fullerton is his replacement.
Economic Planning Associates, in its quarterly freight car building forecast released Monday, July 29, expects this year’s numbers, which are lagging about 11% behind 2012’s, to improve significantly in 2014. “Based on first-half assemblies and mid-year backlogs, we look for deliveries of 52,500 railcars this year, a 10.8% decline from the 2012 level,” EPA’s Peter Toja said. “Next year, we look for a rebound to 60,300 deliveries as our economy shows somewhat stronger growth and some aging equipment is replaced.”
Railyard Management Software, LLC on Monday, July 29, 2013 announced its new cloud-based Railyard Operations & Inspection Management Software Solution, developed to meet the railcar tracking, record keeping, and inspection management needs of railyard operators and quality control professionals.
The Oklahoma Department of Transportation, along with the Federal Railroad Administration, has launched the Tulsa-Oklahoma City Passenger Rail Corridor Investment Plan to evaluate passenger rail service linking the two cities.
Bombardier Transportation announced Monday, July 29, 2013, its sponsorship of The Millennial Trains Project (MTP).
Metro-North Railroad says it expects all damaged track near Spuyten Duyvil (the Bronx) on its Hudson Line to be fully repaired by Monday, July 29, 2013, following a CSX train derailment July 18 which caused extensive track damage.
Construction crews laid down the final link of rail Thursday, July 25, 2013, for the streetcar line in Tucson, Ariz.
TriMet on Thursday, July 25, 2013 promoted the hypothetical “halfway point” of construction on its Portland-Milwaukie Light Rail Transit Project, linking the namesake cities in Oregon.
Quebec provincial police officials, investigating the fatal train incident in Lac-Mégantic, Que., July 6, arrived with a warrant at the Farnham, Que., offices of the Montreal, Maine & Atlantic Railway Thursday, July 23, 2013.
Wyandotte, Mich.-based BASF Corp. announced Wednesday, July 24, 2013 it had launched a new website targeting public transportation use and BASF’s product offerings serving the sector.
U.S. freight carload volume fell 3% during the week ending July 20, 2013, measured agains the comparable week in 2012, the Association of American Railroads reported Thursday, July 25. Countering that slump, as usual in recent months, was U.S. intermodal volume, up 2.8% compared with the same week last year.
Wabtec Corp. reported record second-quarter earnings and revenue Thursday, July 25, 2013, spurred by what the company said was strong performance in its Transit Group.
American Railcar Industries, Inc. (ARI) reported second-quarter earnings of $23.6 million, or $1.11 per share, late Wednesday, July 24, 2013, following the close of trading on the New York Stock Exchange, surpassing Wall Street consensus estimates of 82 cents per share. ARI earned 63 cents per share in the second quarter of 2012.
A Renfe class 730 train derailed on July 24, 2013, on the approach to Santiago de Compostela leaving more than 70 dead and dozens injured. The train left the tracks entirely on a curve 4 kilometers (2.5 miles) south of Santiago station, where it was due to call.
