St. Charles, Mo.-based American Railcar Industries, Inc. has reported "strong" third-quarter earnings of $35.6 million, or 98 cents per share, up 17% from earnings of $30.3 million in the third quarter of 2012.
Supporters of the St. Louis Loop Trolley, beset by a lawsuit against the proposed line filed earlier this week, have met a Federal Transit Administration deadline to submit required documentation for the project.
Both U.S. freight carload traffic and intermodal volume both rose for the third straight week, and fourth week in the last five, during the week ending Oct. 26, 2013, the Association of American Railroads reported Thursday, Oct. 31, as freight carload traffic continued to show signs of vigor.
FreightCar America, Inc. reported a third-quarter loss in both revenue and earnings Wednesday, Oct. 29, 2013, driven in large measure by lower railcar deliveries, according to one Wall Street analyst.
The beleaguered St. Louis Loop Trolley proposal, already scrambling to meet federal funding requirements, has been sued by plaintiffs alleging it seeks to run beyond its authorized boundaries.
Trinity Industries, Inc. reported record third-quarter earnings after the closing bell on Wall Street Wednesday, Oct. 30, 2013, surpassing Wall Street consensus analyst estimates.
MTA Long Island Rail Road President Helena E. Williams and New York State Assemblywoman Barbara Clark on Oct. 30, 2013 marked the renovation of Queens Village Station, located within the namesake New York City borough.
Washington, D.C.'s District Department of Transportation (DDOT) on Tuesday, Oct. 29, 2013 released its recommended preference for a streetcar line linking Union Station with the tony Georgetown neighborhood, primarily along K Street.
Depending on your energy viewpoint, credit California—or blame it—for coal's very uncertain future as a primary energy source, or even the primary freight volume mainstay.
The Chicago Transit Authority on Monday, Oct. 28, 2013, objected strongly to a downgrade of its credit rating made last week by Moody's Investors Service.