Los Angeles County Metropolitan Transportation Authority (LACMTA) officials and other transport personnel welcomed a $670 million federal grant aiding a Downtown Regional Connector, scheduled to open in 2020.
St. Charles, Mo.-based American Railcar Industries says it recorded record earnings for the full year of 2013, and a 3% rise in consolidated earnings during the fourth quarter compared with a year ago.
Efforts to extend light rail transit from Norfolk, Va., east to neighboring Virginia Beach have received substantial political and media attention in recent years. But Norfolk and Hampton Roads Transit are pursuing extension of The Tide LRT from its current western terminus north to Naval Station Norfolk.
Both U.S. freight carload traffic and U.S. intermodal volume declined during the week ending Feb. 15, 2014, measured against the comparable week in 2013, the Association of American Railroads reported Thursday, Feb. 20.
Dallas-based Trinity Industries late Wednesday, Feb. 19, 2014, reported fourth-quarter net income of $112.8 million, or $1.44 per share, up from $71.3 million, or 90 cents a share, in the comparable quarter of 2012. That beat Wall Street analyst consensus estimates of $1.41 per share by three cents.
Wabtec Corp. early Wednesday, Feb. 19, 2014, reported "record results" in its fourth quarter, including earnings per diluted share of 76 cents. Net income for the fourth quarter was $74 million, up from $64.8 million in the fourth quarter of 2012.
Two court victories for Hawaii pro-rail forces on Tuesday, Feb. 18, 2014, have removed significant obstacles confronting the controversial $5.26 billion Honolulu Rail Transit project designed to serve the island of Oahu.
FreightCar America, Inc. reported a fourth-quarter loss following the close of trading Tuesday, Feb. 18, 2014, with its rail division contributing to the shortfall. The company's fourth quarter net loss was $12.3 million, or a loss of $1.03 per diluted share, on revenue of $79.7 million.
Saint John, New Brunswick-based Irving Oil Ltd. announced plans Monday, Feb. 17, 2014, to voluntarily convert its older DOT-111 tank cars used in crude-by-rail (CBR) business—which has soared in recent years—to meet higher recommended safety standards by the end of April.
A California appeals court has put on hold an earlier legal order by a Superior Court judge halting funding of California's high speed rail project, saying it will review the matter over funding.
Florida Gov. Rick Scott announced Monday, Feb. 17, 2014 a financial package of up to $215 million to assist construction of a rail station at Orlando International Airport.
The first Siemens S70 streetcar destined to ply the streets of downtown Atlanta arrived in Georgia's capital city Monday, Feb. 17, 2014, while a second car was slated to arrive on the property Tuesday.
Fairport, N.Y.-based RailComm said Thursday, Feb. 13, 2014 that a North American railroad yard in Kansas City, Kan., has added a remote control derail system to the diesel shop.
Resuming a pattern predominant through 2013, U.S. intermodal volume gained ground, while U.S. carload freight fell short, during the week ending Feb. 8, 2014, the Association of American Railroads reported Thursday, Feb. 13.
A Norfolk Southern crude-by-rail (CBR) train derailed in Pennsylvania Thursday, Feb. 13, 2014, resulting in oil leakage from three tank cars. No injuries were reported.
Following Charlotte's lead in North Carolina, and perhaps pacing similar efforts in Raleigh-Durham, the Winston-Salem City Council's Public Works Committee has approved a streetcar proposal.
The winds at my back from the north actually aided my trip to work this snowy Thursday, Feb. 13, 2014, also allowing me great visibility since the snow also attacked from behind. It is, as I write this, a gorgeous day for those of us who don't have to drive. Or fly. And the trains were running – a good thing, since I can't walk across the Hudson River. It's not cold enough. It's not the worst winter I've ever lived.
Nominations are still being accepted for the American Short Line and Regional Railroad Association (ASLRRA) 2014 awards honoring marketing, safety, and improvement – but the deadline of Friday, Feb. 14, 2014, is near.
AmtrakConnect, the national passenger railroad's WiFI service, now is available to customers traveling on seven routes linked to Amtrak's Chicago hub.