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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Friday, 31 October 2014 08:45

GWI 3Q earnings and revenue rise

Darien, Conn.-based Genesee & Wyoming, Inc. on Friday, Oct. 31, 2014 reported third-quarter net income of $72.9 million, compared with net income of $66.2 million in the third quarter of 2013. Excluding the net impact of certain significant items discussed below, G&W's adjusted net income in the third quarter of 2014 was $69.3 million, compared with adjusted net income of $59.8 million in the third quarter of 2013.

Fairport, N.Y.-based RailComm says it has been selected to replace the communication infrastructure for Portland, Ore., Trimet's CTC Dispatch System at 10 separate locations.

FreightCar America, Inc. reported third-quarter net income of $6.4 million, or 53 cents per diluted share, much better than the loss of $900,000, or 8 cents per diluted share, in the third quarter of 2013.  Chicago-based FreightCar America announced the results late Thursday, Oct. 30, 2014, after the close of trading on Wall Street.

With intermodal leading the way, U.S. rail freight traffic during the week ending Oct. 25, 2014 maintained growth momentum, the Association of American Railroads reported Thursday, Oct. 30.

Thursday, 30 October 2014 08:51

Greenbrier Cos. touts record 4Q, full year

The Greenbrier Cos., Inc. on Thursday, Oct. 30, 2014 announced "record results for [the] fourth quarter and fiscal year," adding it had received orders of "an additional 11,400 units" after its fiscal fourth quarter ended on Aug. 31, 2014.

Thursday, 30 October 2014 08:25

ARI 3Q revenue slips, but backlog grows

American Railcar Industries, Inc. (ARI) reported a drop in third-quarter revenue 2014 relative to the comparable period in 2013. St. Charles, Mo.-based ARI announced its results late Wednesday, Oct. 29, 2014, following the closing bell on Wall Street.

Thursday, 30 October 2014 07:36

FTA OKs MARTA plan for LRT line

The Federal Transit Administration (FTA) have approved plans by Metropolitan Atlanta Rapid Transit Authority (MARTA) for preliminary planning of a "Clifton Corridor" light rail transit line, which would be Atlanta's first LRT line.

Wednesday, 29 October 2014 13:28

NTSB, others savage Metro-North, FRA on safety

The National Transporation Safety Board (NTSB) on Tuesday, Oct. 28, 2014, publicly identified several recurring safety issues plaguing Metro-North Railroad in past years, including inadequate and ineffective track inspection and maintenance, extensive deferred maintenance issues, inadequate safety oversight, and deficiencies in passenger car crashworthiness, roadway worker protection procedures, and organizational safety culture.

Wednesday, 29 October 2014 09:07

Ontario election results bode well for LRT

North American rail suppliers and industry observers (and advocates) paid close attention to election results Monday, Oct. 27, 2014, in Toronto, where city voters elected John Tory to succeed Mayor Rob Ford, the latter a severe critic of city passenger rail expansion plans. But results in other Ontario urban areas also bode well for urban rail transit, particularly light rail transit (LRT).

Wednesday, 29 October 2014 08:40

L.B. Foster to acquire Balfour Beatty unit

L.B. Foster Co. announced on Wednesday, Oct. 29, 2014, an agreement to acquire the railroad tuning unit, FWO, of Balfour Beatty Rail GmbH. The German business provides track lubrication and switch roller equipment for international railway applications.

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