The general counsel for Northwestern Pacific Railroad Co. (NWP) has moved to defuse complaints from NWP's Vice President Jacob Park related to implementing passenger rail service in Sonoma and Marin counties in northern California.
Wabtec Corp. on Thursday, July 24, 2014, reported "record results" for its second quarter.
Union Pacific said Thursday, July 24, 2014 its second-quarter net earnings rose 17%, to $1.29 billion, or $1.43 per share, measured against $1.11 billion, or $1.18 per share, in the comparable quarter of a year ago.
Splitting the modal difference, the Board of Directors for Denver's Regional Transportation District (RTD) has approved a light rail transit exentsion along with a "rapid bus" route.
Norfolk Southern Corp. early Wednesday, July 23, 2014 reported "record net income" of $462 million, or diluted earnings per share of $1.79, in the second quarter. Those marks were 21% and 23% higher, respectively, from the $465 million, or $1.46 per diluted share, in the second quarter of 2013.
The Seattle City Council on Monday, July 21, 2014, approved a First Avenue streetcar alignment that will seam together operations, the existing South Lake Union Streetcar and the similarly named First Hill streetcar, where construction has been nearly completed prior to the line's opening later this year.
Schellville, Calif.-based short line Northwestern Pacific Railroad Co. (NWP) has expressed displeasure with recent actions undertaken by Sonoma-Marin Area Rail Transit (SMART) actions that the freight railroad says is disrupting its service capabilities.
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.