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Intermodal leads U.S. freight rail traffic gains With intermodal leading the way, U.S. rail freight traffic during the week ending Oct. 25, 2014 maintained growth momentum, the Association of American Railroads reported Thursday, Oct. 30.
ARI 3Q revenue slips, but backlog grows American Railcar Industries, Inc. (ARI) reported a drop in third-quarter revenue 2014 relative to the comparable period in 2013. St. Charles, Mo.-based ARI announced its results late Wednesday, Oct. 29, 2014, following the closing bell on Wall Street.
Greenbrier Cos. touts record 4Q, full year The Greenbrier Cos., Inc. on Thursday, Oct. 30, 2014 announced "record results for [the] fourth quarter and fiscal year," adding it had received orders of "an additional 11,400 units" after its fiscal fourth quarter ended on Aug. 31, 2014.
NTSB, others savage Metro-North, FRA on safety The National Transporation Safety Board (NTSB) on Tuesday, Oct. 28, 2014, publicly identified several recurring safety issues plaguing Metro-North Railroad in past years, including inadequate and ineffective track inspection and maintenance, extensive deferred maintenance issues, inadequate safety oversight, and deficiencies in passenger car crashworthiness, roadway worker protection procedures, and organizational safety culture.
L.B. Foster to acquire Balfour Beatty unit L.B. Foster Co. announced on Wednesday, Oct. 29, 2014, an agreement to acquire the railroad tuning unit, FWO, of Balfour Beatty Rail GmbH. The German business provides track lubrication and switch roller equipment for international railway applications.

Breaking News

intermodal-leads-us-freight-rail-traffic-gains
October 30, 2014
With intermodal leading the way, U.S. rail freight traffic during the week ending Oct. 25, 2014 maintained growth momentum, the Association of American Railroads reported Thursday, Oct. 30. U.S. freight carload traffic did fine itself, up 3.5% when measured against the...
greenbrier-cos-touts-record-4q-full-year
October 30, 2014
The Greenbrier Cos., Inc. on Thursday, Oct. 30, 2014 announced "record results for [the] fourth quarter and fiscal year," adding it had received orders of "an additional 11,400 units" after its fiscal fourth quarter ended on Aug. 31, 2014. Fourth-quarter net...
ari-3q-revenue-slips-but-backlog-grows
October 30, 2014
American Railcar Industries, Inc. (ARI) reported a drop in third-quarter revenue 2014 relative to the comparable period in 2013. St. Charles, Mo.-based ARI announced its results late Wednesday, Oct. 29, 2014, following the closing bell on Wall Street. Total consolidated revenue...
fta-oks-marta-plan-for-lrt-line
October 30, 2014
The Federal Transit Administration (FTA) have approved plans by Metropolitan Atlanta Rapid Transit Authority (MARTA) for preliminary planning of a "Clifton Corridor" light rail transit line, which would be Atlanta's first LRT line. The proposed line would link MARTA's Avondale Station...
up’s-new-mobile-classroom-for-emergency-responder-training
October 29, 2014
Union Pacific, in collaboration with The Firefighters Education and Training Foundation, has converted a boxcar into a mobile classroom, expanding its fleet of training equipment used to educate emergency responders. Using the climate-controlled boxcar, UP will pair classroom education with first-hand...

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Blogs and More

“schumenthal”-at-their-self-serving-best-and-worst
October 29, 2014
I never thought I would find myself in the position of defending the Federal Railroad Administration, at least from anyone other than the Ayn Rand-Alan Greenspan-Phil Gramm-Rush Limbaugh types out there, but life is a funny thing.
transport-canada-resumes-modest-rail-safety-regulation
October 29, 2014
After a train crash of criticism by Canada's Transportation Safety Board and the country's auditor-general, Transport Canada is softly moderating its three-wise-monkeys approach to railway regulation.
unknotting-rail-congestion-compels-investment
October 28, 2014
Unraveling the knot restricting rail network fluidity cannot be achieved through Surface Transportation Board (STB) intimidation of rail CEOs, or by the agency's issuance of an emergency service order instructing one railroad to operate over the tracks of another, or by merging the nation's seven...
lrt-aids-houstons-21st-century-hopes
October 21, 2014
Jettison the biases and stereotypes before you head to Houston, my brother-in-law cautioned me last month as I prepared for APTA Expo 2014. "It's really grown up; it's a real city now," he offered.
what-lurks-behind-the-door-hunter-harrison-opened?
October 14, 2014
At age 70, when most of his contemporaries have retired, Canadian Pacific (CP) Chairman Hunter Harrison is plotting his legacy—a seamless North American transcontinental rail duopoly initiated by his proposed CP-CSX merger.