Union Pacific Thursday reported net income of $957 million, or $2.03 per share, in the first quarter of 2013, up from $863 million, or $1.79 a share, in the first quarter of 2012. The results also beat Wall Street consensus earnings estimates of $1.95 a share.
U.S. freight carload traffic fell, and U.S. intermodal volume increased during the week ending April 13, 2013, the Association of American Railroads reported Thursday, as overall U.S. traffic resumed a predominant trend.
New York media late Wednesday marveled over the planned return this summer of the sole “name” train on the Long Island Rail Road: The Cannnonball. More relevant to potential passengers is the venerable train’s reassigned western origin point: New York-Penn Station.
Summary of Duties
Reporting directly to the Deputy Executive Director/Chief Operations Officer, plans, directs, and oversees the activities and operations of the Maintenance and Engineering department projects and programs; coordinates assigned activities with other departments, the Union Pacific, and BNSF Railroads through a Purchase of Service agreement and outside agencies.
CSX Corp. late Tuesday said it notched earnings of $459 million, or 45 cents per share, in the first quarter, up from $449 million, or 43 cents per share, in the first quarter of 2012, on revenue of about $2.96 billion, almost identical to that of a year ago.
Figures released Wednesday by the Railway Supply Institute’s American Railway Car Institute (ARCI) Committee show 23,901 cars were ordered in the first quarter of 2013, while 11,952 cars were delivered, with a backlog of 71,704 cars, all up from the fourth quarter of 2012.
The California Employer Advisory Council (CEAC) has named Anacostia & Pacific switching and terminal railroad Pacific Harbor Line as Veterans Employer of the Year for its “exemplary contribution in hiring our American heroes, our veterans.”
Washington State legislative Democrats still hope to advance a transportation tax package that would fund up to $8.4 billion of projects statewide, including the contentious Columbia River Crossing (CRC) that would carry road and passenger rail traffic across the namesake river, linking Vancouver, Wash., with Portland, Ore.
Lilee Systems and Alstom Tuesday jointly announced the launch of what they called a “new, first-of-its-kind suite of interoperable Positive Train Control (PTC) products for rail lines.”
Bombardier Transportation said Monday it has signed a contract with the Florida Department of Transportation to provide operations and maintenance services for the Central Florida Commuter Rail Transit project, commonly called SunRail, worth about $195 million.
Let’s get real about President Obama’s fiscal year 2014 and beyond budget recommendations to Congress. They’re street theater, and one might just as well be entertained viewing Gucci-clad Washington lobbyists intermingling with Capitol Hill tourists outfitted in spandex and plaid-pattern polyester.
Signal Positions Available
Railroad Signal International is seeking qualified Signal Supervisors/Maintainers/Foremen and Signal Construction.
Signal Positions Available
Railroad Signal International is seeking qualified Signal Supervisors/Maintainers/Foremen and Signal Construction.
