Axion Power International Inc. said Thursday it has received an order from Norfolk Southern Corp. for lead-carbon (PbC) batteries for use in a battery-powered locomotive.
Progress Rail Services Corp. says it has reached an agreement with Exeter, Calif.-based San Joaquin Valley Railroad, a RailAmerica subsidiary, to supply four repowered, low-emissions PR30B locomotives.
Erie, Pa.-based GE Transportation Friday reported a "segment profit" of $232 million in the first quarter of 2012, up 48% from the same quarter a year ago. Revenue of $1.3 billion rose 41% measured against the first quarter of last year.
Far from being threatened by Florida East Coast Railway's All Aboard Florida passenger rail proposal, Amtrak has signaled that the service would be welcomed, and even offer symbiotic benefits to the national rail passenger carrier.
Canadian Pacific Railway early Friday announced stellar first-quarter net income of C$142 million, up C$108 million, or 318%, from the first quarter of 2011. Diluted earnings per share did nearly as well, at 82 Canadian cents per share for the first quarter, up 62 Canadian cents or 310% from a year ago.
U.S. freight carload traffic for the week ending April 14, 2012 continued to fall short of 2011 levels, down 6.4% measured against the comparable week last year, the Association of American Railroads reported Thursday.
CN Wednesday gave indications that it might be interested in purchasing Ontario Northern Railroad operations in whole or part.
Bombardier Transportation said Thursday it has delivered "the world's first application of a European Rail Traffic Management System (ERTMS) regional solution on the Västerdal line in Sweden."
Initially caught off-guard from an unsolicited bid March 8 by Kiewit Infrastructure Group to build a FasTracks light rail transit line, Denver's Regional Tranportation District Wednesday said it has evaluated the bid, "and has found it worthy of moving forward to a competitive procurement process."
Faced with the need to replace what one official calls the oldest rapid transit cars "currently running in the country," BART is readying a $3.2 billion order for 775 new cars which it hopes will be built and assembled in the U.S.