The Railway Supply Institute's American Railway Car Institute (ARCI) Committee on Friday, Oct. 18, 2013, released its railcar industry order, delivery, and backlog statistics for the third quarter, with tank cars and covered hopper cars continuing to account for most activity.
A strong backlog of manufactured goods orders, including locomotives and jet engines, helped drive third-quarter earnings for Fairfield, Conn.-based General Electric Co., which reported financial results Friday, Oct. 18, 2013.
Six months of labor negotiations between BART employees and management failed to yield enough agreement to avoid a strike, with BART workers walking off the job Friday, Oct. 18, 2013, just after midnight, Pacific Time.
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.