Railroads with the industry's best safety performance records Tuesday were honored at the annual E.H. Harriman Awards ceremony in Washington, D.C., with the event also marking the industry's nearly 100 year commitment to safety and innovation with the Centennial Award.
The Surface Transportation Board Tuesday officially cleared the way for Michigan's Department of Transportation to acquire two sections of rail right-of-way from Norfolk Southern Corp., totaling about 135 miles, for eventual upgrading to 110 mph passenger rail speeds.
Whatever woes coal volumes are posing for North American railroads in 2012, domestic intermodal container traffic seems determined to offset them, at least in part. First-quarter domestic container volume moving by truck and train rose 14.9% measured against the comparable 2011 quarter, the Intermodal Association of North America (IANA) reported Tuesday.
Rail Logistics and Iowa Pacific Holdings on Monday jointly announced a partnership in which Rail Logistics will manage, operate, and market Iowa Pacific's refrigerated railcar fleet. The venture began May 1.
U.S. freight carload volume for the week ending April 28, 2012 fell 4.1% measured against the comparable week a year ago, continuing an ongoing trend for the year, the Association of American Railroads said Thursday. U.S. intermodal volume, however, continued its own yearly trend during the week, up 5.5% compared with the same week in 2011.
Norfolk Southern said Thursday it has added the Monongahela Railway to the legacy railroads that the company is honoring with its 30th anniversary heritage paint schemes, bringing to 20 the number of predecessor roads to be so recognized.
Skanska Koch, a division of Skanska USA Civil, said Wednesday it has been awarded a $10 million contract with the Port Authority of New York & New Jersey (PA) to install more than 175 steel ribs along the North-South Concourse of the new World Trade Transportation Center Hub.
Rockwall, Tex.-based Whitmore Manufacturing Co., a producer of component protection technology, announced Monday it has acquired QHi Rail Ltd., a British-based manufacturer of gauge face and Top of the Rail (TOR) lubrication systems for railways.
BNSF announced Tuesday that it will invest approximately $202 million this year on maintenance and rail capacity improvement and expansion projects in Nebraska.
From my perspective, you know North America is changing for the better when short line and regional railroad folks are talkin' passenger rail.
Greenwich, Conn.-based Genesee & Wyoming's newly formed subsidiary, the Columbus & Chattahoochee Railroad, Inc. (CCR), has signed an agreement with Norfolk Southern to lease and operate a 26-mile segment of NS track in Alabama.
Genesee & Wyoming Inc. early Tuesday reported net income in the first quarter of 2012 of $22.2 million, up from $22.1 million in the first quarter of 2011. GWI's diluted earnings per share of 52 cents held steady in the quarter measured against the same period a year ago, though the company sported roughly 600,000 more weighted average shares outstanding in the latest report.
Dallas Area Rapid Transit (DART) Monday said it had named Jesse Oliver deputy executive director and Carol Wise executive vice president, chief operating officer. As well, DART Senior Vice Presidents David Leininger and Timothy McKay were promoted to executive vice president. Tim Newby, previously DART's assistant vice president of Bus Operations, is now vice president, transportation.
Amtrak on Monday publicly unveiled its Amtrak Fleet Strategy Plan Version 3.1, an 82-page document designed to explain Amtrak's desire to implement a systematic approach to replacing the carrier's aged rolling stock and locomotive fleet.
MAC Products Inc. on Monday said it has acquired ProTran1 LLC and ProTran Technologies, producers of worker and pedestrian related safety equipment and devices for the transportation industry.
BNSF has announced “a new interactive map highlighting events and activities along its 32,000-mile rail network.”
The general committees of the Teamsters Canada Rail Conference (TCRC), representing the conductors, trainmen, yardmen, locomotive engineers and rail traffic controllers employed by Canadian Pacific Railway, announced Thursday they have been authorized by their membership to launch a strike against CP as early as late May.
Amtrak said Thursday it is "creating a new Emergency Management and Corporate Security department to integrate existing company-wide efforts into a single, cohesive unit to more effectively prepare for emergencies and disasters, mitigate their effects and allow for fast and efficient response and recovery."
Dallas-based Trinity Industries Inc., aided by its Rail Group, late Wednesday reported a first-quarter net profit of $52.9 million or 66 cents per share, compared with $24.2 million, or 30 cents per share, in the first quarter of 2011. Earnings beat the Wall Street consensus estimate of 51 cents per share.
U.S. freight carload traffic again fell short of year-ago levels in the latest week ending April 21, 2012, down 3.6% when measured against the comparable week in 2011, the Association of American Railroads said Thursday. U.S. intermodal volume, by contrast, continued its mirror-image advance, up 6.0% for the week compared with a year ago.