Railway Age News

Iowa Pacific Holdings (IPH), which owns eight railroads across the U.S. and the U.K., has selected RailComm’s computer-aided dispatch system to operate its six railroads located in U.S. territory that run under the GCOR and NORAC rule sets, RailComm announced July 28, 2015.

Bombardier Transportation has won a contract to provide 30-years of maintenance on Bombardier Flexity Freedom light rail vehicles (LRVs) it will build for service on the new Toronto Eglinton Crosstown line. The contract, which was awarded by the Crosslinx Transit Solutions Maintenance General Partnership, is valued at approximately C$403 million CDN ($US 308 million, €282 million).

The Northern Virginia Transportation Authority (NVTA) has begun the update to its Long Range Transportation Plan, TransAction, which it updates every five years, the authority announced on July 28, 2015.

The Georgia Ports Authority (GPA) saw the highest-ever volume of intermodal rail moves in Fiscal Year 2015 with the Port of Savannah having moved 369,347 containers by rail in FY2015, up from the previous year record of 332,996 containers set in FY2014, the authority announced on July 27, 2015. The growing volumes moved by rail resulted in an increase of 10.9% or 36,351 containers for the year.

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.

“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.

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 Toronto, Ontario, Canada.

Wabtec Corp. on June 23, 2015 reported record results for second-quarter 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, 2015.

The Sunday, July 26, 2015 Brickyard 400 NASCAR Sprint Cup Series race at Indianapolis Motor Speedway will have not one, but two CSX-primary-sponsored Front Row Motorsports Ford Fusions running: The familiar blue and gold “Play It Safe Around Railroad Tracks” No. 34, driven by 22-year-old Brett Moffitt, and the new “FFA (Future Farmers of America) + CSX Living to Serve” No. 38, with David Gilliland at the wheel.

Start Prev 1 2 3 4 5 6 7 8 9 10 Next End
Page 1 of 709