Louisiana's state capital, Baton Rouge, is considering a plan for streetcar operations as part of a city and parish (county) plan, FuturEBR.
Canadian Pacific said it set numerous records for both its fourth quarter and full-year 2013, and offered guidance suggesting continued improvement in 2014.
Dallas Area Rapid Transit (DART) said it anticipates opening its 4.7-mile Orange Line light rail transit extension to Dallas/Fort Worth International Airport ahead of schedule.
Fourth-quarter railcar orders, deliveries, and backlogs showed robust activity, according to the Railway Supply Institute's American Railway Car Institute Committee (ARCI) data released Thursday, Jan. 23, 2014. Tank cars, in particular, continued to show robust activity.
Fairport, N.Y.-based RailComm said Wednesday, Jan. 23, 2014 it has upgraded the current Domain Operations Controller (DOC®) system in a Fort Worth, Tex., rail yard to include RailComm's Blue Flag Indicator (BFI) System.
Kansas City Southern reported fourth-quarter net income of $114 million, or $1.03 per diluted share, up 12% from $93 million, or 83 cents per diluted share, in the fourth quarter of 2012, based on record fourth-quarter revenue of $616 million.
Railway Age is now accepting entries for its annual Short Line/Regional Railroad of the Year competition. Short lines and regionals—and there are more than 500 of them—are invited to submit entries describing outstanding achievement in one or a combination of areas.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.