Bridgeport, N.J.-based Pandrol USA LP has announced it has acquired the CDM Track business unit, including the Resin Bonded Rubber manufacturing unit RBSI in France, from the Overijse, Belgium-based CDM.
Both U.S. freight carload traffic and U.S. intermodal volume failed to gain ground during the week ending Jan. 11, 2014, measured against the comparable week in 2013, the Association of American Railroads reported Thursday, Jan. 16.
The Federal Transit Administation (FTA) has granted Milwaukee its request to adjust a portion of its proposed streetcar route through downtown, sought by the city in order to reduce utility relocation costs.
Amtrak has announced it will utilize New Jersey Transit's Secaucus Junction Station, located on its Northeast Corridor, to help deliver customers to and from Super Bowl XLVIII, being held at MetLife Stadium in nearly East Rutherford, N.J., Sunday, Feb. 2, 2014.
CSX Corp. reported fourth-quarter earnings of $426 million, or 42 cents per share, down slightly from $449 million, or 44 cents per share, in the fourth quarter of 2012. That fell a penny short of Wall Street analyst expectations.
Plans for a streetcar circulator in Boise, Idaho's capital, have been revived after six years of dormancy, though modal choice is now up for grabs.
New York State's Court of Appeals on Tuesday, Jan. 14, 2014, upheld the payroll mobility tax used to help fund the Metropolitan Transportation Authority (MTA), denying a repeal of the tax sought mostly by Long Island political officials.
The American Public Transportation Association says Americans continue to turn to public transit in increasing numbers, totaling 2.7 billion trips in the third quarter, up 1.5% from the comparable period in 2012.
Congressional conference committee members cobbling together an actual fiscal year 2014 federal budget have reportedly agreed on budgetary numbers fairly favorable to Amtrak and Transportation Investment Generating Economic Recovery (TIGER) programs. Federal high speed rail funding, however, is omitted entirely.