As expected, New York's Metropolitan Transportation Authority on Monday, Nov. 10, 2014 officially opened its Fulton Street Transit Center, linking nine (eventually to be 11) subway lines and related facilities in lower Manhattan.
The Skanska joint venture including Traylor Brothers, Inc. and J.F. Shea Construction has been awarded a $1.6 billion design-build contract by the Los Angeles County Metropolitan Transportation Authority (LACMTA) to extend the Metro Purple Line.
U.S. domestic container volume rose 5.1% in the third quarter, outdoing a 4.7% advance by international container volume during the period, the Intermodal Association of North America (IANA) said Monday, Nov. 10, 2014.
Pittsburgh-based A. Stucki Co. on Monday, Nov. 10, 2014 said it is forming "several subsidiaries into an industrial division to emphasize its full range of production capabilities."
Infinity Transportation on Monday, Nov. 10, 2014 announced "a new expedited refrigerated domestic intermodal container service operating from the Pacific Northwest to the Midwest and East Coast."
The Indiana Department of Transportation said it has ended contract negotiations with Chicago-based Corridor Capital LLC to provide passenger rail cars, marketing,and other services for Hoosier State service between Indianapolis and Chicago.
Three consortia submitted sealed bids late Thursday, Oct. 30, 2014, to the California High-Speed Rail Authority (CHSRA), expressing interest in overseeing construction of the second leg of the state's proposed high speed rail network.
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.