Union Pacific said Thursday, Oct. 23, 2014 its third-quarter earnings rose 19% measured against the comparable quarter in 2013, to $1.37 billion, or $1.53 per share, from $1.15 billion, or $1.24 per share, a year ago.
Massachusetts Gov. Deval Patrick and other elected officials announced plans for Massachusetts Bay Transportation Authority's Fairmount Line, linking Boston's South Station with Boston's Readville neighborhood, to become a more efficient "commuter rail" line byemploying diesel multiple-unit (DMU) equipment.
Figures released by the Surface Transportation Board on Thursday, Oct. 23, 2014, show total Class I railroad employment as of mid-September 2014 rose 3.35% to 168,703, from mid-September 2013, and also added 715 positions from mid-August 2014, a rise of 0.43%.
The Federal Transit Administration and Metropolitan Atlanta Rapid Transit Authority (MARTA) are advancing a study that could establish Atlanta's first light rail transit (LRT) line along what's called the Clifton Corridor, along a rail line owned by CSX Corp.
With plans in place for a 1.4-mile initial streetcar operation to begin in 2016, Fort Lauderdale, Fla.'s Downtown Development Authority is weighing plans to add a second phase in a loop pattern.
As New York City’s subway ridership has improved, journalistic shorthand has routinely noted the system, easily the largest rapid transit system in the U.S., carries 5 million riders per weekday. MTA New York City Transit now is suggesting that assumed number may soon need revision.
Norfolk Southern early Wednesday, Oct. 22, 2014, reported net income of $559 million in the third quarter, up 16% from $482 million in the third quarter of 2013 and a quarterly record.
A coalition of mayors, including mayors from Hudson County communities already served by light rail transit, are publicly urging New Jersey officials to extend Hudson-Bergen Light Rail (HBLR) into neighboring Bergen County, the most populous county in the Garden State.
Jettison the biases and stereotypes before you head to Houston, my brother-in-law cautioned me last month as I prepared for APTA Expo 2014. "It's really grown up; it's a real city now," he offered.
Canadian Pacific Railway on Tuesday, Oct. 21, 2014, announced record third-quarter net income of C$400 million (US$356.4 million), or C$2.31 (US$2.06) per diluted share, up from C$324 million or C$1.84 per diluted share, in the third quarter of 2013, an increase of 26% year-over-year.
Los Angeles County Metropolitan Transportation Authority (LACMTA) officials and others on Saturday, Oct. 18, 2014 marked the completion of trackwork for the Foothill Gold Line extension of light rail transit at the line's future terminal station in Azusa, Calif.
Kansas City Southern on Friday, Oct. 17, 2014 reported third-quarter 2014 revenue of $678 million, up 9% from the third quarter of 2013. Carload volumes for the quarter were up 4% from the comparable quarter of a year ago, the company said. Both were at record levels, KCS said.
Piscataway, N.J.-based Strato, Inc., says it has been named New Jersey Manufacturer of the Year 2014 by NJBIZ, a business publication.
Pro-rail forces in Milwaukee have one month to file a lawsuit challenging Wisconsin's decision to force the city to pay for utility relocation needed for right-of-way construction.
U.S. freight rail traffic kept advancing in the latest week ending Oct. 11, 2014, the Association of American Railroads (AAR) reported Thursday, Oct 16, suggesting continued U.S economic strength may continue despite Wall Street concerns of a global economic slowdown.
Northern Plains Rail Services (NPRS) said Thursday, Oct. 16, 2014 it has formed a partnership with NorthStar Midstream "to provide switching operations at their new transloading terminal located in Fairview, N.D."
Fairport, N.Y.-based RailComm said Thursday, Oct. 16, 2014 that a large Long Beach, Calif.-based container terminal selected the company "to provide remote automation to a new facility installation."
California' State Supreme Court on Wednesday, Oct. 15, 2014 rejected the latest challenge to the Golden State's proposed 700-mile high speed rail project, clearing the way for initial construction.
Ferromex railroad has chosen RailComm to provide yard automation to 80-plus newly-installed switch machines, which will be controlled via the RailComm Domain Operations Controller (DOC) in Torreon City, Mexico.
Thales Group announced Friday, Oct. 10, 2014 it will unveil its Thales' latest generation Platform Gate Family revenue collection system" at the American Public Transportation Association Expo, being held next week in Houston.