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.
For the second week of 2013 (and the first week fully within the calendar year), U.S. freight traffic mirrored its most common measure through most of 2012: U.S. carload freight fell; U.S. intermodal volume advanced.
MTA Long Island Rail Road Wednesday said its oft-delayed plans to increase track capacity on its Ronkonkoma Line is back in play. LIRR hopes to double-track 18 miles of the route between Ronkonkoma and Farmingdale, N.Y.
The Real Estate Board of New York (Rebny) marks its 117th annual banquet Thursday, Jan. 17, 2013, with its usual figurative issues on its Manhattan-shaped plate. But this year, add a surprise side dish: Extending the No. 7 subway to New Jersey.
Alstom and Williams Hybrid Power Thursday announced they have signed an agreement to apply Williams Hybrid Power's energy storage technology to Alstom's Citadis light rail transit (LRT) vehicles by 2014.