Splitting the modal difference, the Board of Directors for Denver's Regional Transportation District (RTD) has approved a light rail transit exentsion along with a "rapid bus" route.
Norfolk Southern Corp. early Wednesday, July 23, 2014 reported "record net income" of $462 million, or diluted earnings per share of $1.79, in the second quarter. Those marks were 21% and 23% higher, respectively, from the $465 million, or $1.46 per diluted share, in the second quarter of 2013.
The Seattle City Council on Monday, July 21, 2014, approved a First Avenue streetcar alignment that will seam together operations, the existing South Lake Union Streetcar and the similarly named First Hill streetcar, where construction has been nearly completed prior to the line's opening later this year.
Schellville, Calif.-based short line Northwestern Pacific Railroad Co. (NWP) has expressed displeasure with recent actions undertaken by Sonoma-Marin Area Rail Transit (SMART) actions that the freight railroad says is disrupting its service capabilities.
Two new light rail lines in Houston's expanding LRT system will open in late December, and not during the fall as originally expected, Metropolitan Transit Authority of Harris County (Metro) said Monday, July 21, 2014.
Rebounding from a first quarter hampered by what its CEO called the "winter of a lifetime," CN late Monday, July 21, 2014 reported second-quarter net income of C$847 million (US$789 million), up 18% from C$717 million in the second quarter of 2013.
Figures released by the Surface Transportation Board show total Class I railroad employment as of mid-June 2014 rose 1.02%, to 166,139, from June 2013, and also gained modestly previous month, up 0.03%.
The Greenbrier Cos., Inc. and Watco Cos. LLC announced Monday, July 21, 2014, that they "have completed formation of their 50/50 railcar repair joint venture creating the largest independent railcar repair shop network in North America. The new joint venture, called GBW Railcar Services, LLC (GBW), owns and operates the combined network of 38 railcar repair, refurbishment and maintenance shops of Greenbrier and Watco."
A plan to implement streetcar service in Miami, originally proposed nine years ago, has been revived as a possible public-private partnership (PPP) initiative.
The Railway Supply Institute on Friday, July 18, 2014, released its railcar industry order, delivery, and backlog statistics for the second quarter, with the data showing strong growth, which one analyst attributes largely to ongoing crude-by-rail (CBR) developments.