Notwithstanding the biggest U.S. urban bankruptcy event to date, officially occurring last week, private-sector backers of Detroit's M1 streetcar project are proceeding with implementation of the Motor City's first modern streetcar line.
Canadian National reported second-quarter earnings of C$717 million (US$694 million), or C$1.69 (US$1.64) per diluted share, up from net income in the comparable 2012 quarter of C$631 million, or C$1.44 per diluted share.
Officials in Bethesda, Md., and the Maryland Transit Administration (MTA) are moving with some urgency to resolve site plans for a preferred Purple Line light rail transit terminus in Bethesda before year's end.
Figures released Monday, July 22, 2013, by the Surface Transportation Board show Class I railroads employed 164,499 people in mid-June, up 0.80% from June 2012, and up 220 people, or 0.13%, from the previous month of May.
Figures released Friday, July 19, 2013, by the Railway Supply Institute's American Railcar Institute Committee (ARCI) show that tank cars continued to be a driving force in railcar orders during the second quarter, according to KeyBanc Capital Markets Inc. analyst Steve Barger.
Plans for a light rail transit line linking Miami and Miami Beach, first floated a decade ago, have been revived by the Miami-Dade Metropolitan Planning Organization.
Kansas City Southern reported second-quarter earnings of $15.4 million, or 14 cents a share, Friday, July 19, 2013.
The slow-motion car crash, 60 years running, has finally reached its point of no return. Detroit has fiscally fallen. And it's still without serious rail transit to help it.
GATX Corp. Thursday, July 18, 2013, reported higher second-quarter net income of $35.1 million, or 74 cents per share, compared with $23.5 million, or 49 cents per share, in the second quarter of 2012.
Union Pacific recorted second-quarter earnings of $2.37 per share, or $1.1 billion, up from $2.10 a share, or $1 billion, in the second quarter of 2012, the Omaha-based Class I railroad said Thursday, July 18, 2013.
Following two weeks of digression from a repeating pattern, U.S. freight traffic resumed its standard mix – freight carload traffic down, intermodal volume up – in the latest week ending July 13, 2013, according to the Association of American Railroads.
The Charlotte Area Transit System (CATS) scheduled a groundbreaking ceremony today, July 18, 2013, to mark the start of extending Lynx light rail transit 9.7 miles to the University of North Carolina-Charlotte campus.
Arlington County, Va., board members voted 4-1 Tuesday, July 16, 2013, to support an updated agreement with neighboring Fairfax County to advance the Columbia Pike Streetcar project.
Struggling for years against a hostile sentiment from the state government and some surrounding county organizations, Cincinnati city officials are shrugging off resistance to a proposed initial streetcar line, signing a construction contract with Messer/Prus/Delta Joint Venture to proceed.
Kansas City, Mo., has selected Herzog Contracting Corp., in conjunction with Stacy and Witbeck, Inc. as finalists for a $102 million contract to build the city's initial 2.2-mile streetcar line.
CSX late Tuesday, July 16, 2013, reported second-quarter earnings of 52 cents per share, or $533 million, on revenue of $3.1 billion, up from earnings $512 million, or 49 cents per share, on revenue of $3.0 billion, in the second quarter of 2012.
Wabtec Corp. said July 15 that it has signed a $21 million contract with SNIM (Société Nationale Industrielle et Minière), the National Industrial and Mining Co. of Mauritania, to provide bogies for new iron ore freight cars.
Metro-North Railroad provided an update Monday, July 15, 2013, on its program to upgrade its right-of-way in the Bronx, N.Y., between Melrose and Woodlawn, used by both Harlem Line and New Haven Line services.
Two Metropolitan Transportation Authority properties, the Long Island Rail Road and MTA New York City Transit, are offering more train service to and from Citi Field in Queens, N.Y., as Major League Baseball's New York Mets host the 2013 All-Star Game Tuesday, July 16.
The San Bernardino Associated Governments has awarded a $600,000 contract to HDR Engineering to evaluate rail service to Los Angeles Ontario International Airport, located east of LA in Ontario, Calif.