TriMet on Thursday, July 25, 2013 promoted the hypothetical "halfway point" of construction on its Portland-Milwaukie Light Rail Transit Project, linking the namesake cities in Oregon.
Quebec provincial police officials, investigating the fatal train incident in Lac-Mégantic, Que., July 6, arrived with a warrant at the Farnham, Que., offices of the Montreal, Maine & Atlantic Railway Thursday, July 23, 2013.
Wyandotte, Mich.-based BASF Corp. announced Wednesday, July 24, 2013 it had launched a new website targeting public transportation use and BASF's product offerings serving the sector.
U.S. freight carload volume fell 3% during the week ending July 20, 2013, measured agains the comparable week in 2012, the Association of American Railroads reported Thursday, July 25. Countering that slump, as usual in recent months, was U.S. intermodal volume, up 2.8% compared with the same week last year.
Wabtec Corp. reported record second-quarter earnings and revenue Thursday, July 25, 2013, spurred by what the company said was strong performance in its Transit Group.
American Railcar Industries, Inc. (ARI) reported second-quarter earnings of $23.6 million, or $1.11 per share, late Wednesday, July 24, 2013, following the close of trading on the New York Stock Exchange, surpassing Wall Street consensus estimates of 82 cents per share. ARI earned 63 cents per share in the second quarter of 2012.
The American Public Transportation Association (APTA) announced Wednesday, July 24, 2013, that that nine public transportation systems and businesses will be recognized for their outstanding sustainability achievements.
Canadian Pacific on Wednesday, July 24, 2013 reported record second-quarter net income of C$252 million, or C$1.43 per diluted share, taking pains to also note a record operating ratio of 71.9%, an improvement from 82.5% a year ago.
Transport Canada said late Tuesday, July 23, 2013 it would now ban one-person train crews, in response to the train derailment and explosion earlier this month in Lac-Mégantic, Quebec. The death toll at present is 47.
Norfolk Southern Corp. said its second-quarter net income of $465 million in the second quarter was 11% lower than the $524 million notched in the second quarter of 2012.