Testifying on Tuesday, Feb. 3, 2015 in Washington before the House Transportation and Infrastructure Subcommittee, Association of American Railroads President and CEO Edward R. Hamberger cautioned lawmakers not to tamper with a successful formula for U.S. freight railroads.
Federal Transit Administration (FTA) funding could cover half the $150 million projected cost of the proposed 3.3-mile West Sacramento streetcar, contingent, per standard, on matching funding from state, local, and/or other sources, and President Obama's proposed fiscal year 2016 budget includes funding that would enable just that.
“The U.S. economy continues to grow, and strong demand for rail service demonstrates that the freight rail industry is integral to this growth,” the Association of American Railroads (AAR) declared Monday, Feb. 2, 2015, in releasing its 15-page 2015 Freight Rail Industry Outlook outlining the industry's prospects.
New York-based Titan has been awarded a five-year contract, with two additional one-year options, for all advertising rights on Metro Transit trains, light rail transit, and buses serving Minnesota's Twin Cities.
San Diego's Metropolitan Transit System (MTS) on Thursday, Jan. 29, 2015 said Siemens S70 low-floor light rail vehicles now have been added to the Blue Line, the system's initial route linking downtown San Diego and San Ysidro, Calif., just short of the U.S.-Mexico border.
A spokesman for Detroit's public-private partnership M-1 Rail project, now under construction, told a community group Thursday evening, Jan. 29, 2015, the project would be open for passenger service sometime next year.
Total U.S. weekly rail traffic for the week ending Jan. 24, 2015 rose 4.1%, measured against the comparable week in 2014, according to the Association of American Railroads in its latest weekly report.
Georgetown Rail Equipment Co. (GREX®) Founder and Chairman Emeritus Edwin de Steiguer "Ned" Snead passed away Jan. 22, 2015, in Georgetown, Tex. He was 85.
Canadian National late Tuesday, Jan. 27, 2015 reported fourth-quarter net income of C$844 million (US$678 million), or C$1.03 (about 83 U.S. cents) in diluted earnings per share, compared with C$635 million (US$510 million), or 76 Canadian cents (61 U.S. cents) per diluted share, in the fourth quarter of 2013.