BNSF has reported operating income for the fourth quarter of 2013 of $1.88 billion, up 15% from $164 billion in income in the fourth quarter of 2012. Income for the full year of 2013 was $6.67 billion, up 11% from $6.0 billion in 2012.
PATH personnel handed out notices to passengers Tuesday morning, Feb. 25, 2014, heralding the opening of the first permanent (or “modernized”) platform at its World Trade Center Station in lower Manhattan.
PATH weekend train service between New Jersey points and downtown Manhattan will cease for 45 weekends during this year, in order to expedite installation of Positive Train Control (PTC), PATH and parent Port Authority of New York & New Jersey (PA) said.
The Maryland Board of Public Works has approved a $13 million contract with Wabtec Corp. subsidiary Wabtec Railway Electronics to install Positive Train Control (PTC) equipment on MARC regional passenger railcars.
Ansaldo STS said Friday, Dec. 20, 2013 it has been awarded a $20.5 million signaling contract to provide MTA Long Island Rail Road (LIRR) an upgraded 45-mile segment of right-of-way between Speonk and Montauk, N.Y., the easternmost portion of LIRR’s Montauk Branch, located in Suffolk County.
Wilmerding, Pa.-based Wabtec Corp. said Monday, Dec. 16, 2013 it has signed a $34 million contract with Seattle’s Sound Transit to design, install, test, and commission a Positive Train Control (PTC) system on the agency’s regional rail line.