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FRA to railroads: CBR Emergency Order still stands The Federal Railroad Administration on July 22, 2015 sent a reminder to railroads transporting crude oil that the Emergency Order issued May 7, 2014 (Docket No. DOT-OST-2014-0067) requiring them to notify State Emergency Response Commissions (SERCs) and Tribal Emergency Response Commissions (TERCs) of the expected movement of Bakken crude oil trains through individual states and tribal regions remains in effect and “will be made permanent,” as previously announced.
NS absorbs second-quarter hit “Short-term pressure,” in the words of President and CEO Jim Squires, contributed to Norfolk Southern on July 27, 2015 posting second-quarter 2015 financials with significant declines in net income, operating revenues and earnings per share, and an operating ratio that rose 350 basis points.
NJT sets FY2016 ops, capex budgets; hikes fares 9% Facing an approximate $56 million budget gap for its 2016 fiscal year, New Jersey Transit’s Board of Directors on July 15, 2105 adopted a FY2016 operating budget and capital program totaling $4.27 billion, and a fare and service plan that includes an average 9% fare increase.
Harsco consolidates technology under Protran brand Worldwide rail infrastructure and maintenance firm Harsco Rail, a division of Harsco Corp., will move all its technology products and services under the Protran Technology brand, including Zeta Tech, the company announced on July 22, 2015.
Make or break time for Apache Railway For nearly a century, Arizona’s Apache Railway has interchanged with BNSF Railway and predecessor Atchison, Topeka, & Santa Fe (AT&SF) at Holbrook, and has served a succession of owners—lumber companies for the first 50 years or so and paper companies more recently.

Breaking News

wabtec-to-acquire-faiveley-transport-for--billion
July 27, 2015
Wabtec has confirmed that it plans to acquire Faiveley Transport for a total purchase price of $1.8 billion, including assumed debt, which if approved, will create one of the world's largest rail equipment supply companies. Faiveley Transport, which employs 5700 people...
ns-absorbs-second-quarter-hit
July 27, 2015
“Short-term pressure,” in the words of President and CEO Jim Squires, contributed to Norfolk Southern on July 27, 2015 posting second-quarter 2015 financials with significant declines in net income, operating revenues and earnings per share, and an operating ratio that rose...
financial-closure-reached-on-eglinton-crosstown-lrt-project
July 24, 2015
Crosslinx Transit Solutions General Partnership, a consortium comprised of Aecon Group Inc., ACS Infrastructure Canada, EllisDon, and SNC-Lavalin, announced July 24, 2015 that it has reached commercial and financial close on the Eglinton Crosstown Light Rail Transit (LRT) project in...
wabtec-posts-record-second-quarter
July 24, 2015
Wabtec Corp. on June 23, 2015 reported record results for second-quarter 2015. Second-quarter sales were a record $847 million, 16% higher than the year-ago quarter, due to strong growth in the company’s Freight Group. Operating income was a record $156 million,...
vhb-adds-four-to-its-transit--rail-team
July 24, 2015
VHB has added four new employees to its Transit & Rail practice in order to better serve clients in metropolitan areas along the East Coast, including Boston, New York City, Washington, D.C., and Atlanta, the firm announced on July 23,...

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Blogs and More

the-importance-of-little-accidents
July 20, 2015
You know the kind I mean: the ones where nobody gets hurt, nothing blows up, and nobody shows up, except you.
lrt-beats-brt-on-key-metrics-fta
July 17, 2015
For several decades, U.S. proponents of “bus rapid transit” (so-called BRT) have waged a veritable war against light rail transit (LRT), relying particularly on a claim that BRT is “just like light rail, but cheaper.”
historic-female-first-for-njt-presidential-emergency-board
July 16, 2015
In a historic first, and in a rail industry whose labor and management leadership ranks long have been dominated by Caucasian males, the first all-female Presidential Emergency Board (PEB) in the 78-year history of PEBs has been created to investigate and make recommendations in a...
guest-blog-michael-r-weinman-commentary-on-airnet21-proposal
July 02, 2015
The following are comments by Michael R. Weinman, Managing Director, PTSI Transportation, in response to the “reasoned and considered thoughts” expressed by Dr. Francis P. Mulvey in the Guest Blog published by Railway Age on June 30, 2015, “We must do something transformational about...
amtrak-we-must-do-something-transformational-now
June 30, 2015
Amtrak’s May 12th Philadelphia train derailment has renewed focus on funding Amtrak. With more than 200 people injured and eight fatalities, the debate has shifted from “Can we agree to do anything for Amtrak?” to “How much can we agree to do for Amtrak?”