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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GATX Corp. reported second-quarter net income of $23.5 million, or 49 cents per share, down 11% from $26.4 million, or 56 cents per share, it notched in the second quarter of 2011. Adjusted earnings results of 80 cents per share, however, still beat Wall Street consensus analyst expectations of 61 cents per share.

Freight carload traffic volume and intermodal movements notched a North American trifecta in the week ending July 14, 2012, measured against the comparable week of 2011, the Association of American Railroads reported Thursday.

Union Pacific Thursday reported second-quarter earnings of $1 billion, or $2.01 per share, up 28% from $785 million in the second quarter of 2011. Earnings, along with revenue of $5.22 billion in the quarter, outstripped Wall Street consensus analyst estimates of $1.97 earnings per share on revenue of $5.23 billion. Both categories were all-time highs for the company.

Thursday, 19 July 2012 07:49

FTA to Tucson: Buy another streetcar

Tucson's order of seven streetcars from United Streetcar, LLC isn't adequate to serve the city's four-mile line, now under construction, the Federal Transit Administration says. FTA recommends an eighth car be purchased.

Wednesday, 18 July 2012 11:48

InnoTrans: Discount registration available

The North American representative office of InnoTrans said Wednesday that discount registration is being offered to all prospective North American attendees of the show.

Wednesday, 18 July 2012 10:31

USPS ponders boosting mail by rail

Hit-or-miss efforts (mostly miss) by the U.S. Postal Service to move mail by railroad have characterized the mode's declining mail modal share for decades, but the USPS is once more eyeing freight railroads as a way to lower costs and improve efficiency.

Wednesday, 18 July 2012 08:26

CP, frac sand company announce pact

Canadian Pacific and Smart Sand, Inc., Wednesday announced a strategic long-term partnership "under which the two companies will supply and ship premium, Northern White frac sand to the unconventional oil and gas industry in key North America producing regions (including the Bakken and Eagle Ford formations, and the Utica and Marcellus Shales)."

Tuesday, 17 July 2012 09:38

Alstom chosen for Denmark ERTMS

Alstom says it has signed a contract with Danish railway infrastructure owner Banedanmark to deliver on-board equipment to railway operators in Denmark, and to equip 503 train cars with Atlas ERTMS1 signaling capabilities.

Tuesday, 17 July 2012 08:48

Ottawa LRT plan gets federal nod

Canada's capital city on Monday said it "has received Federal Environmental Assessment approval for the Ottawa Light Rail Transit (OLRT) project."

Tuesday, 17 July 2012 08:24

For RRV&W, a 25th anniversary

July 19, 2012 marks the 25th anniversary of Red River Valley & Western Railroad Co. (RRV&W), based in Wahpeton, N.D., the regional railroad announced Tuesday.

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