As New York City’s subway ridership has improved, journalistic shorthand has routinely noted the system, easily the largest rapid transit system in the U.S., carries 5 million riders per weekday. MTA New York City Transit now is suggesting that assumed number may soon need revision.
Norfolk Southern early Wednesday, Oct. 22, 2014, reported net income of $559 million in the third quarter, up 16% from $482 million in the third quarter of 2013 and a quarterly record.
A coalition of mayors, including mayors from Hudson County communities already served by light rail transit, are publicly urging New Jersey officials to extend Hudson-Bergen Light Rail (HBLR) into neighboring Bergen County, the most populous county in the Garden State.
Jettison the biases and stereotypes before you head to Houston, my brother-in-law cautioned me last month as I prepared for APTA Expo 2014. "It's really grown up; it's a real city now," he offered.
Canadian Pacific Railway on Tuesday, Oct. 21, 2014, announced record third-quarter net income of C$400 million (US$356.4 million), or C$2.31 (US$2.06) per diluted share, up from C$324 million or C$1.84 per diluted share, in the third quarter of 2013, an increase of 26% year-over-year.
Los Angeles County Metropolitan Transportation Authority (LACMTA) officials and others on Saturday, Oct. 18, 2014 marked the completion of trackwork for the Foothill Gold Line extension of light rail transit at the line's future terminal station in Azusa, Calif.
Kansas City Southern on Friday, Oct. 17, 2014 reported third-quarter 2014 revenue of $678 million, up 9% from the third quarter of 2013. Carload volumes for the quarter were up 4% from the comparable quarter of a year ago, the company said. Both were at record levels, KCS said.
Piscataway, N.J.-based Strato, Inc., says it has been named New Jersey Manufacturer of the Year 2014 by NJBIZ, a business publication.
Pro-rail forces in Milwaukee have one month to file a lawsuit challenging Wisconsin's decision to force the city to pay for utility relocation needed for right-of-way construction.
U.S. freight rail traffic kept advancing in the latest week ending Oct. 11, 2014, the Association of American Railroads (AAR) reported Thursday, Oct 16, suggesting continued U.S economic strength may continue despite Wall Street concerns of a global economic slowdown.