New York Air Brake and its Train Dynamic Systems Division announced that the company's facility in Irving, Tex., has passed an intensive audit and has been recommended for accreditation for the ISO 9001:2008 standard.
Fiscal year 2012 was a record one for The Greenbrier Cos., both in terms of earnings and revenue, the Lake Oswego, Ore.-based company said. The company's fiscal year ended Aug. 31, 2012.
Bay Area Rapid Transit District (BART), expanding its system from its namesake territory into California's Silicon Valley, has awarded a $10 million contract to Cubic Transportation Systems, Inc., to install a regionally interoperable Clipper® Card payment system to its new customers.
Expanding light rail transit reach in the Los Angeles basin could next include a 20-mile LRT line from LA's Union Station to downtown Santa Ana, in Orange County, Calif.
Iowa Pacific Holdings, LLC and the Adirondack Rail Preservation Society (ARPS) have reached a Memorandum of Understanding to establish tourist passenger service on the Adirondack Railroad, linking its namesake state park in upstate New York to New York City with Pullman sleeping car service.
For the week ending Oct. 20, 2012, a key difference in the continuing slump in U.S. freight carload traffic is the number of commodity groups affected, according to data released Thursday by the Association of American Railroads.
American Railcar Industries, Inc. late Wednesday reported third-quarter net earnings of $14 million, or 66 cents per share, which ARI said was "a new quarterly record," and up dramatically from $4 million, or 19 cents a share, in the third quarter of 2011.
Studies suggest that new sports arenas, or relocation of professional sports teams, don't really benefit or bolster a local economy. Perhaps, instead, they reflect the locale's existing health. So it seems for Brooklyn (Brooklyn is back!), in three years to be home to the National Hockey League's New York Islanders. But an underlying reason—in this case, literally under—is the superior rail access.
The Anaheim, Calif., City Council, in a split 3-2 vote, has advanced a 3.2-mile streetcar plan that would serve, among other points, the original Disneyland.
Canadian Pacific Railway Ltd. Wednesday reported third-quarter earnings of C$224 million (US$226 million), or C$1.30 per diluted share, up 20% from C$187 million, or C$1.10 a share, it notched in the third quarter of 2011. That surpassed Wall Street consensus expectations of C$1.23 per share.