Douglas John Bowen

Douglas John Bowen

Douglas John Bowen is Managing Editor of RAILWAY AGE. He also served as Editor of Intermodal Age from 1989 to 1991, and has held various positions at Inbound Logistics magazine, High Speed Transport News, The Journal of Commerce, and CNN/Money. Bowen began his journalism career at the Asbury Park Press, a New Jersey daily newspaper. A graduate of Rutgers University, Bowen resides in Hoboken, N.J. He served as president of the New Jersey Association of Railroad Passengers (NJ-ARP) from 1987 to 2000 and again from 2004 to 2010, serving on the NJ-ARP board from 1984 until 2012; he remains a member of the statewide organization.

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Thursday, 23 January 2014 14:03

Good 4Q13 for Union Pacific

Union Pacific said Thursday, Jan. 23, 2014 fourth-quarter 2013 earnings of $1.17 billion, or $2.55 per share, up 13% from $1.04 billion, or $2.19 per share, in the fourth quarter of 2012.

Thursday, 23 January 2014 13:46

AAR CEO: Room for both CBR and pipelines

Contrary to some speculation, North American railroads stand ready to do their share in supplying crude-by-rail (CBR) service to complement oil transport by pipeline, Association of American Railroads President and CEO Edward R. Hamberger said Jan. 23, 2014.

Thursday, 23 January 2014 12:27

U.S. freight traffic rebounds strongly

Up the first week in 2014, and down the second, U.S. freight traffic reversed the trend yet again to the plus side in the third week ending Jan. 18, 2014, the Association of American Railroads reported Thursday, Jan. 23.

Thursday, 23 January 2014 12:00

LA Expo Line ridership beating projections

The first phase of Los Angeles' Expo Line, which opened in April 2012, has matched ridership projections of 27,000 daily riders forecast for 2020.

Thursday, 23 January 2014 10:45

GATX 4Q13 earnings beat Street

Chicago-based GATX Corp. on Thursday, Jan. 23, 2014 reported fourth-quarter 2013 earnings of $53.3 million, or $1.14 per diluted share, compared with net income of $29.7 million, or 62 cents per diluted share, in the fourth quarter of 2012. That handily beat Wall Street consensus analyst estimates of 93 cents.

Wednesday, 22 January 2014 13:03

June debut for St. Paul Metro Green Line

St. Paul, Minn., will join the ranks of U.S. cities served by light rail transit on June 14, 2014, when the Metro Green Line – formerly called the Central Corridor – will open for revenue service.

Wednesday, 22 January 2014 11:40

LACMTA Crenshaw Line construction begins

Los Angeles continues to add to its growing light rail transit network, marked by the beginning of construction of its new 8.5-mile Crenshaw Line, which began Tuesday, Jan. 21, 2014.

Wednesday, 22 January 2014 10:10

Record 4Q earnings for Norfolk Southern

Norfolk Southern Corp. Wednesday, Jan. 22, 2014 reported record fourth-quarter net income of $513 million, or $1.64 per diluted share, up 24% from $413 million, or $1.30 per diluted share, earned in the fourth quarter of 2012. Revenue of $2.9 billion in the quarter was up 7% from a year ago.

Wednesday, 22 January 2014 09:37

Investment group sub to buy MM&A

Beleaguered short line Montreal, Maine & Atlantic Railway (MM&A), under financial duress due to the July 6, 2013 derailment and explosion of a train in Lac-Megantic, Quebec, has signed a sales agreement with Railroad Acquisisition Holdings LLC, an affiliate of New York-based Fortress Investment Group.

Tuesday, 21 January 2014 11:47

RSI to SecDOT: Include us re: CBR

The Railway Supply Institute (RSI) is urging Transportation Secretary Anthony Foxx to include tank car manufacturers and other parties in any effort to improve tank car safety, particularly when related to crude-by-rail (CBR) developments.

Washington, D.C.'s District Department of Transportation (DDOT) readied its official welcome of the first of three units being delivered by Clackamas, Ore.-based United Streetcar, LLC on Tuesday, Jan. 21, 2014.

Tuesday, 21 January 2014 10:56

CapMetro plans R-O-W capacity upgrade

Austin, Tex.'s Capital Metropolitan Transportation Authority (CapMetro) plans to add a second track at three stations on its existing route, as well as upgrade signaling and grade-crossing equipment, in order to improve running time and eventually increase service capacity.

Federal Transit Administrator Peter Rogoff has been appointed  Under Secretary for Policy at the U.S. Department of Transportation.

Friday, 17 January 2014 09:51

Pandrol acquires CDM Track

Bridgeport, N.J.-based Pandrol USA LP has announced it has acquired the CDM Track business unit, including the Resin Bonded Rubber manufacturing unit RBSI in France, from the Overijse, Belgium-based CDM.

Thursday, 16 January 2014 14:36

Railway Age's 2014 Passenger Railcar Outlook

The customer pool for North American passenger car suppliers keeps growing, as Railway Age reports in its January 2014 issue.

Both U.S. freight carload traffic and U.S. intermodal volume failed to gain ground during the week ending Jan. 11, 2014, measured against the comparable week in 2013, the Association of American Railroads reported Thursday, Jan. 16.

Thursday, 16 January 2014 11:13

FTA OKs Milwaukee streetcar route adjustment

The Federal Transit Administation (FTA) has granted Milwaukee its request to adjust a portion of its proposed streetcar route through downtown, sought by the city in order to reduce utility relocation costs.

Thursday, 16 January 2014 09:55

Amtrak adds its services to Super Bowl plans

Amtrak has announced it will utilize New Jersey Transit's Secaucus Junction Station, located on its Northeast Corridor, to help deliver customers to and from Super Bowl XLVIII, being held at MetLife Stadium in nearly East Rutherford, N.J., Sunday, Feb. 2, 2014.

Thursday, 16 January 2014 09:43

CSX releases 4Q, full-year results

CSX Corp. reported fourth-quarter earnings of $426 million, or 42 cents per share, down slightly from $449 million, or 44 cents per share, in the fourth quarter of 2012. That fell a penny short of Wall Street analyst expectations.

Wednesday, 15 January 2014 10:46

Boise, Idaho, revisits downtown streetcar idea

Plans for a streetcar circulator in Boise, Idaho's capital, have been revived after six years of dormancy, though modal choice is now up for grabs.

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