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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Caltrain said Thursday its staff offered a preliminary report to the Joint Powers Board indicating the rail service's Fiscal Year 2014 budget will be balanced, but warning that FY15 could produce a budget shortfall that might trigger fare increases and service cuts.

Friday, 03 May 2013 07:57

NY&A nets ASLRRA honors

Among those recognized with various awards April 30 (including Railway Age's own Short Line Railroad of the Year and Regional Railroad of the Year honors) during the American Short Line and Regional Railroad Association annual meeting in Atlanta, the New York & Atlantic Railway notched both marketing and safety awards from ASLRRA.

The recipe for 2013 seldom changes; U.S. freight rail traffic for the week ending April 27, 2013 retained the same mix of “mixed,” the Association of American Railroads reported Thursday.

FreightCar America, Inc. Wednesday reported a net loss of $2.6 million, or 22 cents per diluted share, in the first quarter of 2013, on revenue of $87.6 million. That compared with first-quarter 2012 earnings of $9.7 million, or 81 cents per diluted share, on revenue of $219.million. Wall Street analysts had anticipated a net profit of six cents per diluted share in the quarter.

Thursday, 02 May 2013 09:13

GWI marks 1Q earnings, new headquarters

Genesee & Wyoming, Inc. Wednesday reported first-quarter net income of $82.7 million, compared with net income of $22.2 million in the first quarter of 2012. Excluding the impact of certain significant items discussed below, G&W's adjusted net income in the first quarter of 2013 was $48.9 million, compared with adjusted net income of $25.0 million in the first quarter of 2012, the company said.

Thursday, 02 May 2013 07:42

GATX classroom railcar rolls into action

GATX Corp. on Wednesday announced a new classroom railcar will be put into service along with its TankTrainer, a tank car developed to provide hands-on training in maintenance and operation.

Friday, 26 April 2013 11:20

RailComm tapped for Alliance Yard

Fairport, N.Y.-based RailComm said Friday it has provided a yard control system, as well as remote control blue flag protection, to a yard in Alliance, Neb.

MTA New York City Transit Thursday officially established 30 subway stations on Manhattan's West Side as accessible to Wi-Fi needs. MTA officials were joined by executives from four companies in making the announcement at the Times Square subway stop: AT&T, Boingo Wireless, Transit Wireless, and T-Mobile USA.

Restating Oregon's official position even as the state commits to brinksmanship, Oregon Gov. John Kitzhaber's office continues to insist the proposed $3.4 billion bistate Columbia River Crossing will die if Washington state tries to remove the light rail transit portion from the bridge project, as several Washington state elected officials have attempted.

GATX Corp. Thursday reported first-quarter net income of $27.1 million, or 57 cents per diluted share, down from $30.3 million, or 64 cents per diluted share, in the first quarter of 2012. Results fell short of Wall Street analyst expectations. Revenue of about $272 million was in line with expectations. 

Thursday, 25 April 2013 12:56

Amtrak magic: RIP, Richie Havens

When singer Richie Havens passed away April 22, many people who knew of him immediately remembered Woodstock. Me, too, but I also thought "Amtrak."

Down for freight carload traffic, up for intermodal: That once more describes U.S. freight rail volume, this time for the week ending April 20, 2013, according to the latest report by the Association of American Railroads.

Thursday, 25 April 2013 09:18

ARI 1Q earnings rise

American Railcar Industries late Wednesday reported first-quarter net earnings of $17.9 million for its first quarter ended March 31, up a substantial 49% from the prior-year quarter, mostly on strong tank car sales. But earnings of 84 cents per share disappointed Wall Street, where consensus analyst estimates forecast 96 cents per share.

The words "light rail" were uttered, or at least alluded to, by candidates for New York City mayor at a meeting in Staten Island Wednesday, hosted by the Staten Island Economic Development Corp.

Wednesday, 24 April 2013 14:31

AAR marks industry commitment to safety

The Association of American Railroads (AAR) Wednesday recognized the industry's overall safety achievements by highlighting best safety practices accomplishments at the Railroad Safety Leadership Forum, in Chicago. The focus of the forum was to acknowledge railroad team achievements in personal safety and injury prevention and provide a venue to share best practices.

Wednesday, 24 April 2013 10:23

Wabtec reports solid 1Q results

Wabtec Corp. Wednesday morning reported net income from operations of $104 million, or earnings of $1.44 per diluted share, for the first quarter of 2013, up 18% from the same quarter in 2012 and a record.

Wednesday, 24 April 2013 07:59

New Orleans ponders streetcar expansion

The general manager of New Orleans' Regional Transit Authority Tuesday set forth a proposal for expanding the Crescent City's venerable streetcar system, though funding for such work was not identified.

Wednesday, 24 April 2013 07:38

CP touts “best ever” first quarter

Canadian Pacific early Wednesday reported first-quarter net income of C$217 million, or C$1.24 per diluted share, up sharply from C$142 million, or 82 Canadian cents per share, in the first quarter of 2012—a 51% improvement in earnings per share. Earnings beat Wall Street consensus estimates of  C$1.21 per share for the quarter.

Tuesday, 23 April 2013 14:48

NS 1Q earnings rise

Norfolk Southern Corp. Tuesday afternoon reported a first-quarter 2013 net profit of $450 million, or $1.41 a share, up from $410 million, or $1.23 a share, in the first quarter of 2012. First-quarter results included a gain from the sale of land to the Michigan Department of Transportation, which increased net income by $60 million, or 19 cents per diluted share.

Tuesday, 23 April 2013 11:00

Sample Trade Show Story 7

The Royal Canadian Mounted Police arrested two men on Monday (Feb. 22) who had been planning to bomb a Via Rail Canada passenger train. One was arrested in Toronto and one near Montreal following a lengthy counter-terrorism investigation, “Project SMOOTH,” that began in August 2012 and included the FBI.
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