Canadian Pacific was scheduled to appear before the Wisconsin Claims Board on Tuesday, Dec. 9, 2014, arguing for compensation for preparatory higher-speed rail (HrSR) work it performed on its rights-of-way in 2009 and 2010.
Bombardier Inc., a tenacious fighter in landing the first Amtrak Acela Express contract at the turn of the century, announced it will not compete for Amtrak's next-generation order of high speed rail equipment for the railroad's Northeast Corridor (NEC).
Los Angeles County Metropolitan Transportation Authority (LACMTA) has awarded Rockwell Collins a contract to develop the supervisory control and data acquisition (SCADA) system for LACMTA's Foothill Gold Line Extension and the Exposition Line Phase 2 light rail systems.
Four companies are vying for a contract with Oklahoma City to advance the city's MAPS 3 streetcar proposal by supplying five streetcars for the initial 4.6-mile, 22-station project.
KeyBanc Capital Markets Inc. issued best- and worst-case scenarios for the freight railcar production market Thursday, Dec. 4, 2014, "[g]iven the dramatic share price volatility in the railcar space following OPEC's decision last week."
Fairport, N.Y.-based RailComm says it has been selected "to provide and install a state-of-the-art car tracking and inventory management solution at Terminal Railway Alabama State Docks (TASD)."
U.S. freight traffic continued gaining ground during the week ending Nov. 29, 2014, with U.S. freight carload traffic returning to the win category after a one-week hiatus, the Association of American Railroads said Thursday, Dec. 4. The gains bolstered increased U.S. traffic levels recorded for the month of November.
CSX Corp. is on target for its fourth-quarter earnings expectations and is confident of the longer-term outlook, Chief Financial Officer Fredrik Eliasson told those attending the Credit Suisse Global Industrials Conference in New York on Wednesday, Dec. 3, 2014.
The Federal Railroad Administration said Wednesday, Dec. 3, 2014 it intends to grant both Amtrak and the California High-Speed Rail Authority waivers from its "Buy America" requirement for the non-domestic final assembly of up to four prototype Tier III high speed rail train sets.
Cincinnati has been assigned the fiscal streetcar burden foisted on other cities, in its case by a judge declaring Duke Energy is not responsible for the cost of moving utilities under streetcar rights-of-way in the city.