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Knorr-Bremse to acquire Selectron Systems AG Braking systems supplier Knorr-Bremse has signed an agreement to acquire Selectron Systems AG of Lyss, Switzerland, a supplier of train control technology. Through this acquisition, Knorr-Bremse said it is “expanding its portfolio to include components and solutions for the automation of rail vehicles.” The acquisition remains subject to approval by anti-trust authorities.
U.S. freight traffic shows good growth Total U.S. weekly rail traffic for the week ending Jan. 24, 2015 rose 4.1%, measured against the comparable week in 2014, according to the Association of American Railroads in its latest weekly report.
ASLRRA IDs five for Safety Institute push The American Short Line and Regional Railroad Association said Friday, Jan. 23, 2015 its chairman, Ed McKechnie, had announced the selection of five industry safety experts retained as assessors for a pilot project as the first step toward the longer-range goal of developing a comprehensive industry-wide safety culture assessment program that will serve as the core of the Short Line Safety Institute.
New York MTA Board approves fare hike Riders on New York Metropolitan Transportation Authority's (MTA) buses and subways will pay more beginning March 22, 2015, following an MTA Board of Directors decision on Thursday, Jan. 22, to increase fares.
CP notches record 4Q income, operating ratio Canadian Pacific early Thursday, Jan. 22, 2015, announced record net income of C$451 million, of C$2.63 per diluted share, up 10% from the fourth quarter of 2013 and aiding the railroad's record low operating ratio of 59.8%.

Breaking News

us-freight-traffic-shows-good-growth
January 29, 2015
Total U.S. weekly rail traffic for the week ending Jan. 24, 2015 rose 4.1%, measured against the comparable week in 2014, according to the Association of American Railroads in its latest weekly report. The strong advance combined a 5% rise in...
pb-waterloo-lrt-contract-extended
January 28, 2015
The Regional Municipality of Waterloo has voted to exercise a three-year option to extend its existing light rail transit general engineering contract with Parsons Brinckerhoff and its Montreal-based parent company, WSP. The C$818 million (U.S. $1 billion), two-stage project will bring...
obituary-ned-snead-grex-founder-85
January 28, 2015
Georgetown Rail Equipment Co. (GREX®) Founder and Chairman Emeritus Edwin de Steiguer "Ned" Snead passed away Jan. 22, 2015, in Georgetown, Tex., GREX said in a statement Jan. 28. Snead was 85. Snead founded GREX in 1993, based on several patents...
record-volume-drives-cn-4q-full-year
January 28, 2015
Canadian National late Tuesday, Jan. 27, 2015 reported fourth-quarter net income of C$844 million (US$678 million), or C$1.03 (about 83 U.S. cents) in diluted earnings per share, compared with C$635 million (US$510 million), or 76 Canadian cents (61 U.S. cents)...
rail-service-resuming-after-blizzard
January 27, 2015
Most of the Northeast’s passenger rail systems intentionally shut down late on Monday, Jan. 26, 2015, in anticipation of what was expected to be a severe winter storm. But by the following afternoon, service was being gradually restored as the...

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Blogs and More

familial-failing-rail-rarely-registers
January 15, 2015
My stints working at Railway Age aside, railroads and rail-related issues are and have been a standard part of daily life, as it is for the lucky few in the U.S., including so many of my friends and neighbors. So many, yes, but certainly not...
a-second-act-at-stb-for-dan-elliott?
January 14, 2015
Proving once again he has more lives than cartoon character Wile E. Coyote, former Surface Transportation Board (STB) Chairman Dan Elliott is poised to receive his second White House renomination. The first renomination expired with adjournment of the 113th Congress in December after the Senate...
new-chiefs-idd-for-fra-and-aar-law-department
January 12, 2015
As the White House considers candidates for Senate confirmation as the next Federal Railroad Administrator, Transportation Secretary Anthony Foxx says he will name his Department of Transportation chief of staff Sarah Feinberg — a long-time Democratic operative with strong White House ties — as acting...
hello?-its-dan-elliott-for-president-obama
December 31, 2014
News item: Surface Transportation Board (STB) Chairman Dan Elliott was forced to bid adieu Dec. 31, 2014, after the Senate failed to confirm his renomination. President Obama still could make a recess appointment prior to a Republican controlled Senate sworn-in Jan. 6.
“aw-shucks-we’re-happy-to-help”
December 16, 2014
Ever hear of the Oyster Express? In the midst of a season filled with stories of railroads running special Santa trains all over the country to bring food, clothing, toys, and some Christmas cheer to needy people, a report came across my desk about a partnership...