New York's Metropolitan Transportation Authority (MTA) announced Monday, Feb. 24, 2014 it is creating the position of Chief Safety Officer, a new senior management post reporting directly to Chairman and CEO Thomas Prendergast, to ensure safety is a top priority throughout all MTA operations.
PATH personnel handed out notices to passengers Tuesday morning, Feb. 25, 2014, heralding the opening of the first permanent (or "modernized") platform at its World Trade Center Station in lower Manhattan.
Minnesota's Metro Transit on Monday, Feb. 24, 2014 urged riders of Northstar Line commuter service not to board their trains to head for the Twin Cities, citing delays caused by heavy freight rail traffic caused by ongoing congestion problems.
Dallas city officials continue to stress the establishment of the Oak Cliff streetcar line is just the first step in growing streetcar routes throughout the city, in part to complement existing DART light rail transit operations.
Los Angeles County Metropolitan Transportation Authority (LACMTA) officials and other transport personnel welcomed a $670 million federal grant aiding a Downtown Regional Connector, scheduled to open in 2020.
St. Charles, Mo.-based American Railcar Industries says it recorded record earnings for the full year of 2013, and a 3% rise in consolidated earnings during the fourth quarter compared with a year ago.
Efforts to extend light rail transit from Norfolk, Va., east to neighboring Virginia Beach have received substantial political and media attention in recent years. But Norfolk and Hampton Roads Transit are pursuing extension of The Tide LRT from its current western terminus north to Naval Station Norfolk.
Both U.S. freight carload traffic and U.S. intermodal volume declined during the week ending Feb. 15, 2014, measured against the comparable week in 2013, the Association of American Railroads reported Thursday, Feb. 20.
Dallas-based Trinity Industries late Wednesday, Feb. 19, 2014, reported fourth-quarter net income of $112.8 million, or $1.44 per share, up from $71.3 million, or 90 cents a share, in the comparable quarter of 2012. That beat Wall Street analyst consensus estimates of $1.41 per share by three cents.
Wabtec Corp. early Wednesday, Feb. 19, 2014, reported "record results" in its fourth quarter, including earnings per diluted share of 76 cents. Net income for the fourth quarter was $74 million, up from $64.8 million in the fourth quarter of 2012.