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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Wednesday, 23 January 2013 11:46

United Streetcar delivers first car to Portland

Clackamas,Ore.-based United Streetcar, LLC has delivered the first of five streetcars ordered by nearby Portland, Ore., months behind original schedule.

Wednesday, 23 January 2013 09:06

Newest New Orleans streetcar line to debut

New Orleans plans to formally open its new 1.5-mile Loyola Avenue streetcar line on Monday, Jan. 28, seven days before the Baltimore Ravens face off against the San Francisco 49ers in the Big Easy during Super Bowl XLVII Feb. 3.
CSX Corp. Tuesday afternoon reported fourth-quarter 2012 net earnings of $443 million, or 43 cents per share, compared with $457 million, or 43 cents per share, in the comparable 2011 quarter. Earnings per share, however, beat Wall Street analyst estimates by four cents. For full-year 2012, net earnings were $1.9 billion, or $1.79 per share, up from $1.8 billion, or $1.67 per share, in 2011.
Tuesday, 22 January 2013 16:11

NS 4Q and full-year results slip

Norfolk Southern Corp. Tuesday afternoon reported fourth-quarter 2012 net income of $413 million, or $1.30 per diluted share, compared with $480 million, or $1.42 per diluted share, earned in the fourth quarter of 2011. Per-share earnings, however, did beat Wall Street analyst estimates by 11 cents. Net income for full-year 2012 was $1.7 billion, or $5.37 per diluted share, compared with $1.9 billion, or $5.45 per diluted share, earned in 2011.

Tuesday, 22 January 2013 12:07

CN notches solid 4Q results

Canadian National Tuesday reported fourth-quarter earnings of C$610 million (US$614 million), of C$1.41 per share, up from C$592 million, or C$1.32 a share, in the fourth quarter of 2011. Earnings met Wall Street consensus analyst estimates.

Tuesday, 22 January 2013 11:06

AREMA 2013 Scholarship Program announced

The American Railway Engineering and Maintenance-of-Way Association (AREMA) Educational Foundation said Tuesday it is now accepting applications for the 2013 Scholarship Program. The deadline for applications is March 8, 2013.

Norfolk Southern on Monday said it has opened its third Crescent Corridor intermodal facility, a $97 million terminal in Greencastle, Pa., in the south central portion of the Keystone State.
BNSF Railway Co. late Friday announced its 2013 capital commitment program of approximately $4.1 billion, which the railroad said was "approximately a $450 million increase over its 2012 capital spend of $3.6 billion."
Sunday, 20 January 2013 16:46

GE Transportation marks good year

GE Transportation's fourth-quarter results included $252 million in earnings, or "segment profits," in the fourth quarter, up 11.5% from $226 million in the comparable 2011 quarter.

Friday, 18 January 2013 14:14

December employment up year-over-year

Figures released Friday by the Surface Transportation Board show Class I railroads employed 162,652 people in mid-December 2012, up 1.06 % from December 2011, though down a modest 0.07%, or 114 employees, from November 2012.
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