Alameda, Calif.-based construction company Stacy and Witbeck Inc. on Tuesday, July 30, 2013, was awarded a contract to oversee implementation of Detroit's M1 Rail streetcar line, winning out over four competitive bids. The amount of the contract has not yet been disclosed.
New York's Metropolitan Transportation Authority (MTA) announced July 31, 2013 that it has secured $200 million of insurance protection to help "pay for future repairs for damage to its infrastructure, in the event of a storm featuring destructive storm surges similar to those experienced during Superstorm Sandy."
San Antonio residents mulling a streetcar plan for Texas' third-largest metropolitan area have a new route option to ponder, courtesy of a local architect providing input at a local meeting soliciting public input.
Bolingbrook, Ill.-based Wi-Tronix, LLC announced Tuesday, July 30, 2013 its Second Annual User Conference will commence on Monday, Sept. 9, 2013, at Pheasant Run Resort, St. Charles, Ill.
As speculation rises over the future of the Montreal, Maine & Atlantic Railway (MM&A) following the July 6, 2013 derailment in Lac-Megantic, Quebec, officials in Maine are pondering options for continue shipment of crude by rail through other means.
Railyard Management Software, LLC on Monday, July 29, 2013 announced its new cloud-based Railyard Operations & Inspection Management Software Solution, developed to meet the railcar tracking, record keeping, and inspection management needs of railyard operators and quality control professionals.
The Oklahoma Department of Transportation, along with the Federal Railroad Administration, has launched the Tulsa-Oklahoma City Passenger Rail Corridor Investment Plan to evaluate passenger rail service linking the two cities.
Bombardier Transportation announced Monday, July 29, 2013, its sponsorship of The Millennial Trains Project (MTP).
Metro-North Railroad says it expects all damaged track near Spuyten Duyvil (the Bronx) on its Hudson Line to be fully repaired by Monday, July 29, 2013, following a CSX train derailment July 18 which caused extensive track damage.
Construction crews laid down the final link of rail Thursday, July 25, 2013, for the streetcar line in Tucson, Ariz.
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.