Douglas John Bowen

Douglas John Bowen

Douglas John Bowen is Managing Editor of RAILWAY AGE. He also served as Editor of Intermodal Age from 1989 to 1991, and has held various positions at Inbound Logistics magazine, High Speed Transport News, The Journal of Commerce, and CNN/Money. Bowen began his journalism career at the Asbury Park Press, a New Jersey daily newspaper. A graduate of Rutgers University, Bowen resides in Hoboken, N.J. He served as president of the New Jersey Association of Railroad Passengers (NJ-ARP) from 1987 to 2000 and again from 2004 to 2010, serving on the NJ-ARP board from 1984 until 2012; he remains a member of the statewide organization.

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Carloads of crude oil on U.S. Class I railroads set a record in 2012, up 256% from crude carloads in 2011, modestly helping to offset declines in other freight carload categories last year, according to results released by the Association of American Railroads Thursday. Crude oil in 2012 represented 0.8% of all U.S. Class I rail carloads, up from 0.2% in 2011. AAR reports crude-only carloading data on a quarterly basis.

Thursday, 21 February 2013 10:39

NOPB Railroad taps GE Transportation

Erie, Pa.-based GE Transportation said Thursday New Orleans Public Belt Railroad has signed an agreement to use GE's software applications for railroad transportation management and railcar repair and maintenance.

Thursday, 21 February 2013 09:58

Record 4Q, full-year earnings for ARI

St. Charles, Mo.-based American Railcar Industries late Wednesday reported record fourth-quarter earnings of $24.4 million, up from $5.1 million in the fourth quarter of 2011. Revenue for the quarter was $207.7 million, up 6% from revenue in the year-ago quarter and the highest since the third quarter of 2008, the company said.

Wednesday, 20 February 2013 17:46

Rail Group aids Trinity's 4Q, full-year results

Trinity Industries announced Wednesday that Rail Group orders for 5,620 new railcars during the fourth quarter pushed its backlog to 31,990 units valued at $3.7 billion. The Rail Group shipped 4,960 railcars during the fourth quarter and 19,360 during the full year.

Wednesday, 20 February 2013 10:04

Metro-North plans for Penn Station access

MTA Metro-North Railroad could make access to Manhattan's Pennsylvania Station an official priority in its next five-year capital construction program to be released in 2014, despite decades of obstructions confronting the railroad.

Wednesday, 20 February 2013 09:25

FreightCar America logs 4Q loss

FreightCar America, Inc. late Tuesday reported a net loss of $1 million, or 8 cents per diluted share, on revenue of $116.6 million in the fourth quarter, compared with net income of $8.5 million, or 71 cents per diluted share, on revenue of $187.1 million in the fourth quarter of 2011.

Tuesday, 19 February 2013 11:32

Wabtec reports record 4Q, full-year results

Wabtec Corp. said Tuesday record fourth-quarter earnings per diluted share of $1.34, 40% above EPS in the fourth quarter of 2011 and topping Wall Street analyst consensus estimates of $1.31. Sales also notched a record, at $610 million, just short of analyst estimates of $611 million, and driven by the company's Transit Group.

Tuesday, 19 February 2013 10:33

CN names Vena exec VP, COO

Claude Mongeau, president and chief executive officer of CN, on Tuesday announced the promotion of Jim Vena to executive vice-president and chief operating officer.

Tuesday, 19 February 2013 09:41

Mexican railroad picks RailComm

Fairport, N.Y.-based RailComm says Compania de Ferrocarriles Chiapas Mayab (FFCM), located in Merida, Yucatan, Mexico, has selected RailComm for its computerized Track Warrant Control System.

Tuesday, 19 February 2013 08:16

RailRunner COO courts European market

Lexington, Mass.-based RailRunner, N.A., Inc. said Tuesday Wolfgang Graff, vice president and chief operating and technology officer, will return to Germany next month to oversee European responsibilities for the company.

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