Kansas City Southern Friday, Oct. 18, 2013 reported third-quarter net income of $119 million, or $1.07 per diluted share, up from $91 million, or 82 cents per diluted share, in the third quarter of 2012. The increase was driven by record third-quarter revenue of $622 million, up 8% from a year ago, with carloads up 3%.
Both U.S. freight carload traffic and U.S. intermodal volume gained ground during the week ending Oct. 12, 2013, measured against the comparable week in 2012, the Association of American Railroads said Thursday, Oct. 17.
The Kenosha Public Library Board of Trustees on Wednesday, Oct. 17, 2013, endorsed a north-south route expansion of the Wisconsin city's heritage streetcar network, despite some misgivings of its potential impact on library surroundings.
Union Pacific Corp. reported third-quarter net income of $1.15 billion, or $2.48 per share, Thursday, Oct. 17, 2013, up 10% from $1 billion, or $2.19 per share, in the third quarter of 2012.
Herzog Technologies, Inc. and Signal Training Solutions, Inc., announced Wednesday, Oct. 16, 2013, they are partners backing a new Signal Training School in Oceanside, Calif.
Tucson, Ariz., received its second streetcar early Wednesday morning, Oct. 16, 2013, from Clackamas, Ore.-based United Streetcar LLC.
The Maryland Board of Public Works will not vote Wednesday, Oct. 16, 2013, to approve a public-private partnership deal for the state's proposed Purple Line light rail transit project.
Amtrak and Indiana Gov. Mike Pence announced Tuesday, Oct. 15, 2013, that Amtrak's Hoosier State would continue to run for at least another year, with an option for four additional months.
CSX Corp. Tuesday, Oct. 15, 2013 reported third-quarter net earnings of $463 million, or 46 cents per share, up from $455 million, or 44 cents per share, in the third quarter of 2012.
The National Transportation Safety Board has recommended "urgent" safety upgrades for Los Angeles' Angels Flight funicular, saying the incline lacks suitable evacuation options.