U.S. freight carload volume for the week ending April 28, 2012 fell 4.1% measured against the comparable week a year ago, continuing an ongoing trend for the year, the Association of American Railroads said Thursday. U.S. intermodal volume, however, continued its own yearly trend during the week, up 5.5% compared with the same week in 2011.
Norfolk Southern said Thursday it has added the Monongahela Railway to the legacy railroads that the company is honoring with its 30th anniversary heritage paint schemes, bringing to 20 the number of predecessor roads to be so recognized.
Skanska Koch, a division of Skanska USA Civil, said Wednesday it has been awarded a $10 million contract with the Port Authority of New York & New Jersey (PA) to install more than 175 steel ribs along the North-South Concourse of the new World Trade Transportation Center Hub.
Rockwall, Tex.-based Whitmore Manufacturing Co., a producer of component protection technology, announced Monday it has acquired QHi Rail Ltd., a British-based manufacturer of gauge face and Top of the Rail (TOR) lubrication systems for railways.
BNSF announced Tuesday that it will invest approximately $202 million this year on maintenance and rail capacity improvement and expansion projects in Nebraska.
From my perspective, you know North America is changing for the better when short line and regional railroad folks are talkin' passenger rail.
Greenwich, Conn.-based Genesee & Wyoming's newly formed subsidiary, the Columbus & Chattahoochee Railroad, Inc. (CCR), has signed an agreement with Norfolk Southern to lease and operate a 26-mile segment of NS track in Alabama.
Genesee & Wyoming Inc. early Tuesday reported net income in the first quarter of 2012 of $22.2 million, up from $22.1 million in the first quarter of 2011. GWI's diluted earnings per share of 52 cents held steady in the quarter measured against the same period a year ago, though the company sported roughly 600,000 more weighted average shares outstanding in the latest report.
Dallas Area Rapid Transit (DART) Monday said it had named Jesse Oliver deputy executive director and Carol Wise executive vice president, chief operating officer. As well, DART Senior Vice Presidents David Leininger and Timothy McKay were promoted to executive vice president. Tim Newby, previously DART's assistant vice president of Bus Operations, is now vice president, transportation.
Amtrak on Monday publicly unveiled its Amtrak Fleet Strategy Plan Version 3.1, an 82-page document designed to explain Amtrak's desire to implement a systematic approach to replacing the carrier's aged rolling stock and locomotive fleet.