Lake Oswego, Ore.-based The Greenbrier Cos. Thursday reported net earnings of $13.8 million, or 45 cents per diluted share, in its second fiscal quarter ending Feb. 28, 2013. That was down 22% from earnings of $17.7 million in the comparable fiscal year 2012 quarter, but still topped Wall Street's consensus estimate of 41 cents per diluted share. Revenue was $423.2 million.
MTA New York City Transit's old South Ferry Station reopened for business at 5:00 a.m. Thursday, re-establishing a subway-ferry transfer point severed since Hurricane Sandy flooded large portions of lower Manhattan late last October.
A new law in New Mexico will provide a tax break to lower the cost of locomotive fuel for the BNSF Railway Co., the Associated Press reported Wednesday.
Norfolk Southern has appointed Tom W. Schnautz assistant vice president research and advanced technology. Schnautz has assumed some of the responsibilities of Gerhard Thelen, including Positive Train Control (PTC) and research.
The Railway Supply Institute has promoted Nicole Brewin to Vice President Government Affairs, and promoted Robyn Leach to Vice President Administration.
North Kansas City, Mo., is weighing the idea of reaching a pact with its larger neighbor for a feasibility study to extend the planned Kansas City starter line.
An interagency report released Tuesday recommends Ottawa's existing O-Train diesel light rail transit (DLRT) service be extended across the Ottawa River "to better integrate transit between the downtown cores of Ottawa and Gatineau."
Criticism of a proposed $850 million expansion plan for Boston's South Station is coming not just from fiscal conservatives and anti-rail partisans, but now also from those arguing current plans ignore a long-sought link with the city's North Station.
Operation Lifesaver, Inc. on Tuesday released its 2012 Annual Report, which reviews the organization's accomplishments, according to President and CEO Joyce Rose.