Ground has been broken on Phase III (construction phase) of the CREATE (Chicago Region Environmental and Transportation Efficiency) Program’s 34th initiative, Project B1, “Canadian Pacific Crossover Upgrades.” Metra and Canadian Pacific Railway (CP) will upgrade signals and add several crossover tracks, principally within the Metra Milwaukee District West right-of-way.
Canadian Pacific Railway reported third-quarter adjusted diluted earnings per share of $2.90, up 6%, on revenue that was 3% higher at $1.6 billion.
L&W Industries, based in Springfield, Mo., has developed a patent-pending Heavy Duty Conversion Bracket that improves safety and reduces the maintenance costs of railway crossings.
CSX Corp. on Oct. 17 reported third-quarter 2017 net earnings of $459 million, or 51 cents per share, up from $455 million, or 48 cents per share, in the same period last year. Excluding a $1 million restructuring charge, adjusted earnings per share remain at 51 cents.
Replacement of Portal Bridge, a two-track 110-year-old swing span structure linking New Jersey and New York City on the Northeast Corridor, is under way. A recent groundbreaking ceremony marked the start of construction.
The Port of Savannah moved more than one million twenty-foot equivalent container units (TEUs) at Garden City Terminal in the first quarter of fiscal 2018, as traffic increased by 5.8% or 55,629 TEUs over the same period in FY17.
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As wildfires burn in its service region, Sonoma-Marin Area Rail Transit (SMART) will continue to provide free train service for passengers through Sunday, Oct.15 to assist evacuees and others who need transportation options.
Caltrans released the public draft of the California State Rail Plan, which outlines a new framework for California’s rail network, for new and better rail transportation, and multimodal and community connections in the state for the next 20 years and beyond.
Siemens has made a “significant strategic equity investment” in Wi-Tronix, a supplier of remote monitoring, video analytics, and predictive diagnostic systems for rail rolling stock and infrastructure and other industrial markets. The investment is equivalent to a minority interest in Wi-Tronix, which will continue to conduct business as a standalone, founder-led company out of its Bolingbrook, Ill., headquarters. Terms of the deal were not disclosed.