Two new light rail lines in Houston's expanding LRT system will open in late December, and not during the fall as originally expected, Metropolitan Transit Authority of Harris County (Metro) said Monday, July 21, 2014.
Rebounding from a first quarter hampered by what its CEO called the "winter of a lifetime," CN late Monday, July 21, 2014 reported second-quarter net income of C$847 million (US$789 million), up 18% from C$717 million in the second quarter of 2013.
Figures released by the Surface Transportation Board show total Class I railroad employment as of mid-June 2014 rose 1.02%, to 166,139, from June 2013, and also gained modestly previous month, up 0.03%.
The Greenbrier Cos., Inc. and Watco Cos. LLC announced Monday, July 21, 2014, that they "have completed formation of their 50/50 railcar repair joint venture creating the largest independent railcar repair shop network in North America. The new joint venture, called GBW Railcar Services, LLC (GBW), owns and operates the combined network of 38 railcar repair, refurbishment and maintenance shops of Greenbrier and Watco."
A plan to implement streetcar service in Miami, originally proposed nine years ago, has been revived as a possible public-private partnership (PPP) initiative.
The Railway Supply Institute on Friday, July 18, 2014, released its railcar industry order, delivery, and backlog statistics for the second quarter, with the data showing strong growth, which one analyst attributes largely to ongoing crude-by-rail (CBR) developments.
Kansas City Southern early Friday, July 18, 2014, reported higher second-quarter net income and revenue, which it said was powered by strong agriculture and automotive shipments.
New York Gov. Andrew Cuomo announced Thursday, July 17, 2014, that an anticipated strike by Long Island Rail Road workers, due to begin Sunday, July 20, has been averted.
Railroads in all three major North American nations scored solid gains in freight rail traffic during the week ending July 12, 2014, the Association of American Railroads reported Thursday, July 17.
Canadian Pacific early Thursday, July 17, 2014, reported second-quarter net income of C$371 million (US$345 million), or C$2.11 (US$1.96) per diluted share, a record for the second quarter, and up from C$252 million, or C$1.43 per share, in the comparable quarter of 2013.
Norfolk Southern Corp. released its latest "Connections" sustainability report Wednesday, July 16, 2014, detailing its ongoing efforts to contribute to a cleaner environment, a healthier economy, and stronger communities.
Edson L. Tennyson, one of the most respected rail advocates across several decades spanning U.S. passenger rail's decline and recovery, died at his home Monday, July 14, 2014, succumbing to bladder cancer. He was 92.
SEPTA has announced an intense, concentrated "Trolley Tunnel Blitz" beginning Aug. 1, 2014 and continuing through early Aug. 18, in an "around-the-clock" endeavor to upgrade and improve infrastructure. Service will be discontinued for the duration of the project.
CSX Corp. announced record second-quarter net earnings of $529 million, or 53 cents per share, Tuesday afternoon, July 15, 2014, after the closing bell on Wall Street. Results were up from $521 million, or 51 cents per share, in the comparable quarter in 2013. CSX also beat Wall Street consensus per share estimates, recently raised, of 52.2 cents.
San Francisco Municipal Transportation Agency (SFMTA) said Tuesday, July 15, 2014 that "Transport Workers Union Local 250-A, which represents Municipal Railway (MUNI) transit operators, voted to ratify a new three-year agreement that increases wages, strengthens pension benefits, and is in line with the budget needs of the agency."
Roughly 900 workers at Bombardier Transportation's Thunder Bay, Ontario, rail production plant walked off the job on Monday, July 14, 2014, following a breakdown in contract talks with management.
The San Francisco Municipal Transportation Agency (SFMTA) is set to award Siemens Mobility a contract for 261 S200 light rail transit (LRT) vehicles to replace the city's aging LRT fleet, built by Breda.
Amtrak has issued a request for information concerning 15 new Tier 4 diesel-electric locomotives, as well as one diesel switch yard locomotive.
In St. Louis, the Loop Trolley Transportation Development District (TDD) will host a public open house on July 24, 2014 to seek community input as it updates plands for the Loop Trolley project.
Virginia has committed to funding up to half the cost of the contentious Columbia Pike streetcar project, designed to traverse the namesake avenue in Arlington and Fairfax counties, suburbs of Washington, D.C.