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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Monday, 23 February 2015 10:50

OmniTRAX acquires Illinois short line

OmniTRAX announced Monday, Feb, 23, 2015 that its affiliate, Peru Industrial Railroad, Inc., is purchasing Peru Rail Line from the short line’s namesake Illinois City.

Transportation Secretary Anthony Foxx announced Friday, Feb. 20, 2015 a proposed rule "to increase oversight responsibilities of State Safety Oversight Agencies (SSOAs) by replacing the existing outdated regulatory framework with one designed to better evaluate the effectiveness of a rail transit agency's system safety program."

Friday, 20 February 2015 13:16

Bombardier makes fiscal, personnel moves

Bombardier said Thursday, Feb. 19, 2015 that it will raise C$750 million (about US$600 million) through the sale of 339.4 million subscription receipts to a syndicate of underwriters, in order to raise US$2.1 billion to stabilize its financial status.

Thursday, 19 February 2015 10:47

ARI 4Q earnings disappoint Street

St. Charles. Mo.-based American Railcar Industries Inc. reported fourth-quarter net income of $22.7 million, or $1.06 per share, late Wednesday, Feb. 18, 2015, after the closing bell on Wall Street. Net income was up 3% from the comparable quarter in 2013. The results fell short of Wall Street analyst consensus expectations of $1.09 per share.

Thursday, 19 February 2015 10:16

Trinity Industries reports good 4Q, 2014

Trinity Industries, Inc. released its fourth-quarter earnings late Wednesday, Feb. 18, 2015, which one Wall Street analyst defined as "solid" results.

Wednesday, 18 February 2015 14:36

FreightCar America 4Q, full-year results shine

FreightCar America reported its fourth-quarter and full-year 2014 results Tuesday, Feb. 17, 2015, after the closing bell on Wall Street, highlighted by positive net earnings in 2013 compared with a net loss in 2013.

Wednesday, 18 February 2015 13:54

Sacramento streetcar clears first TOD vote

By a roughly 2-to-1 majority, Sacramento, Calif., property owners along a proposed streetcar route have approved plans to fund $30 million toward the cost of the 3.3-mile, $150 million project.

For the second straight week, U.S. intermodal volume slipped fractionally behind levels of 2014 even as total U.S. freight traffic gained ground, the Association of American Railroads said Wednesday, Feb. 18, 2015.

Wednesday, 18 February 2015 11:23

Loop Trolley construction looms (again)

Construction of the $43 million St. Louis Loop Trolley could begin next month, local officials said Tuesday, Feb. 17, 2015, countering mounting speculation that the project had stalled and was unlikely to survive.

Wednesday, 18 February 2015 11:04

El Paso issues RFP to rehab PCC cars

El Paso, Tex., may become the next U.S. city to turn to restored President's Conference Committee (PCC) cars in an effort to restore streetcar service.

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