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).
“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.
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.