Railroads in all three major North American nations scored solid gains in freight rail traffic during the week ending July 12, 2014, the Association of American Railroads reported Thursday, July 17.
Canadian Pacific early Thursday, July 17, 2014, reported second-quarter net income of C$371 million (US$345 million), or C$2.11 (US$1.96) per diluted share, a record for the second quarter, and up from C$252 million, or C$1.43 per share, in the comparable quarter of 2013.
Norfolk Southern Corp. released its latest "Connections" sustainability report Wednesday, July 16, 2014, detailing its ongoing efforts to contribute to a cleaner environment, a healthier economy, and stronger communities.
Edson L. Tennyson, one of the most respected rail advocates across several decades spanning U.S. passenger rail's decline and recovery, died at his home Monday, July 14, 2014, succumbing to bladder cancer. He was 92.
SEPTA has announced an intense, concentrated "Trolley Tunnel Blitz" beginning Aug. 1, 2014 and continuing through early Aug. 18, in an "around-the-clock" endeavor to upgrade and improve infrastructure. Service will be discontinued for the duration of the project.
CSX Corp. announced record second-quarter net earnings of $529 million, or 53 cents per share, Tuesday afternoon, July 15, 2014, after the closing bell on Wall Street. Results were up from $521 million, or 51 cents per share, in the comparable quarter in 2013. CSX also beat Wall Street consensus per share estimates, recently raised, of 52.2 cents.
San Francisco Municipal Transportation Agency (SFMTA) said Tuesday, July 15, 2014 that "Transport Workers Union Local 250-A, which represents Municipal Railway (MUNI) transit operators, voted to ratify a new three-year agreement that increases wages, strengthens pension benefits, and is in line with the budget needs of the agency."
Roughly 900 workers at Bombardier Transportation's Thunder Bay, Ontario, rail production plant walked off the job on Monday, July 14, 2014, following a breakdown in contract talks with management.
The San Francisco Municipal Transportation Agency (SFMTA) is set to award Siemens Mobility a contract for 261 S200 light rail transit (LRT) vehicles to replace the city's aging LRT fleet, built by Breda.
Amtrak has issued a request for information concerning 15 new Tier 4 diesel-electric locomotives, as well as one diesel switch yard locomotive.