Skanska USA’s civil construction business unit announced Wednesday it has signed a $261.9 million contract with New York’s Metropolitan Transportation Authority for the Second Avenue Subway project in New York City.
Greenwich, Conn.-based Genesee & Wyoming Inc. on Wednesday reported fourth-quarter net income $33.3 million, compared with net income of $19.9 million in the fourth quarter of 2010. GWI's diluted earnings per share (EPS) in the fourth quarter of 2011 were 77 cents with 42.9 million weighted average shares outstanding, compared with diluted EPS of 47 cents with 42.3 million weighted average shares outstanding in the fourth quarter of 2010.
The American Public Transportation Association said Tuesday it will hold a media conference call Wednesday to brief callers on the “negative impact” the House Ways and Means Committees’ surface transportation proposal holds for public transit.
Uralvagonzavod, Russia-based OJSC and Bombardier Transportation reportedly have established a joint venture to manufacture streetcars for the world’s largest nation, signing a letter of intent.
RailComm has expanded its existing yard system at BNSF's mechanical facility in Memphis, Tenn. RailComm's Domain Operations Controller (DOC®) System is used to remotely control derails.
Neuilly-sur-Seine, France-based Thales Group said Monday it had landed a contract with Singapore’s SMRT Corp. Ltd.to supply its SelTrac Communications-Based Train Control (CBTC) to resignal SMRT’s North-South and East-West rail lines, covering a combined 100 kilometers (62 miles) and serving 54 stations. The contract is worth roughly $154 million.
Following the lead of New Jersey, San Diego County, Calif., and sister Texas city Austin in an effort to sway the Federal Railroad Administration on safety oversight—though taking a different approach—the Denton County Transportation Authority says it will seek an Alternative Vehicle Technology (AVT) waiver so that DCTA can operate new Stadler GTW diesel multiple-unit (DMU) trains without temporal (time-of-day) separation from freight trains.
The nation's freight railroads say they have reached a tentative agreement with the last of 13 labor unions, the Brotherhood of Maintenance of Way Employees.
Markup by the House Transportation and Infrastructure Committee Thursday of its version of surface transportation reauthorization legislation, H.R. 7, included a 33-to-22 vote to remove bigger truck language from the bill. The Committee also inserted language seeking a comprehensive study to assess the impacts of heavier and longer trucks on safety, cost to the highway infrastructure and freight diversion.
Progress Rail has announced it is closing its London, Ontario, locomotive operation, where 450 workers have been locked out since New Year’s Day.