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CSX 1Q earnings slip, but beat Street CSX Corp. announced late Tuesday, April 15, 2014 first-quarter net earnings of $398 million, or 40 cents per share, down from $462 million, or 45 cents per share, in the same quarter of 2013. But that still beat Wall Street analyst consensus estimates of 38 cents per share.
Two firms eyed for big LACMTA contract Los Angeles County Metropolitan Transportation Authority (LACMTA) analysts are recommending two contractors be selected to construct the Downtown Regional Connector, improving connections among LA's subway and light rail lines.
HNTB: Baton Rouge-New Orleans passenger train would serve 1.4 million A study by HNTB Corp. for regional transit organizations and mayors in Louisiana says that a new passenger train service linking New Orleans and Baton Rouge on existing freight trackage, with intermediate stops and beginning as twice-daily trips, could ultimately grow to regular service with a station near New Orleans International Airport.
KCS: Record revenue, good earnings in 1Q Kansas City Southern reported net income in its 2014 first quarter of $94 million, or 85 cents per diluted share, slipping from $104 million, or 94 cents per diluted share, in the first quarter of 2013. But excluding the impacts of lease termination costs, foreign exchange rate fluctuations, and debt retirement costs, adjusted diluted earnings per share for first quarter 2014 was $1.05, compared with 89 cents in the first quarter of 2013, an 18% increase, KCS said.
STV guides NS Ohio yard expansion STV Group, Inc. said Monday, April 14, 2014 it has helped guide a major expansion at Norfolk Southern's Bellevue Yard in Ohio, which when completed "will make the facility one of the largest rail car classification and switching yards of its kind in North America."

Breaking News

kcs-record-revenue-good-earnings-in-1q
April 17, 2014
Kansas City Southern reported net income in its 2014 first quarter of $94 million, or 85 cents per diluted share, slipping from $104 million, or 94 cents per diluted share, in the first quarter of 2013. But excluding the impacts...
dart-test-train-reaches-d-fw-airport
April 17, 2014
DART's first light rail transit operated over five new miles of the Orange Line Wednesday, April 16, 2014, testing the extension for future service to and from Dallas/Fort Worth International Airport. A test train ran between Belt Line Station and the...
atlanta-mayor-streetcar-will-debut-this-year
April 17, 2014
Atlanta's initial modern streetcar line will open this year, though perhaps not until late December, according to Mayor Kasim Reed. Reed, who toured the project with U.S. Secretary of Transportation Anthony Foxx on Wednesday, April 16, 2014, conceded that construction on...
hntb-baton-rouge-new-orleans-passenger-train-would-serve-14-million
April 16, 2014
A study by HNTB Corp. for regional transit organizations and mayors in Louisiana says that a new passenger train service linking New Orleans and Baton Rouge on existing freight trackage, with intermediate stops and beginning as twice-daily trips, could ultimately...
two-eyed-for-big-lacmta-contract
April 16, 2014
Los Angeles County Metropolitan Transportation Authority (LACMTA) analysts are recommending two contractors be selected to construct the Downtown Regional Connector, improving connections among LA's subway and light rail lines. The LACMTA report, released Tuesday, April 15, 2014, recommends awarding a $927...

Blogs and More

data-drought-haunts-fra-crew-size-mandate
April 11, 2014
By the Federal Railroad Administration’s own congressional testimony, the years 2012 and 2013 were among the railroads’ safest on record, while the relatively few train crashes were mostly the result of human error and track defects.
sp-4449-readied-for-another-15-years-of-service
April 03, 2014
For the past four decades, former Norfolk & Western and Southern Pacific locomotive engineer Doyle McCormack has coddled the most familiar steam locomotive operating in North America.
shipper-hypocrisy-mocks-regulatory-history
March 27, 2014
A recurring and intractable thread tying together railroad history is that when the choice has been between economic liberty and government intrusion, selecting the latter has repetitively discouraged capital investment, diminished service quality, adversely affected safety, and sooner than later caused hand-wringing among those most...
purple-line-lrt-good-news-for-the-suburbs
March 21, 2014
Even rail supporters often overlook the importance of Maryland's proposed 16-mile Purple Line to future U.S. development, efficiency, competitiveness, lifestyle. I see it as a game changer.
highway-homicide-affects-railroads-too
March 17, 2014
This is about a highway homicide — and we know who dunnit. The perp long ago was identified by state and federal authorities. Yet Congress refuses to order the collar, closing its eyes to a mayhem playing out at every hour, on every federal-aid roadway...