U.S. freight carload traffic and U.S. intermodal volume declined during the week ending March 30, 2013, the Association of American Railroads said Thursday, as the overall month ended in mixed fashion.
Lake Oswego, Ore.-based The Greenbrier Cos. Thursday reported net earnings of $13.8 million, or 45 cents per diluted share, in its second fiscal quarter ending Feb. 28, 2013. That was down 22% from earnings of $17.7 million in the comparable fiscal year 2012 quarter, but still topped Wall Street's consensus estimate of 41 cents per diluted share. Revenue was $423.2 million.
MTA New York City Transit's old South Ferry Station reopened for business at 5:00 a.m. Thursday, re-establishing a subway-ferry transfer point severed since Hurricane Sandy flooded large portions of lower Manhattan late last October.
A new law in New Mexico will provide a tax break to lower the cost of locomotive fuel for the BNSF Railway Co., the Associated Press reported Wednesday.
Norfolk Southern has appointed Tom W. Schnautz assistant vice president research and advanced technology. Schnautz has assumed some of the responsibilities of Gerhard Thelen, including Positive Train Control (PTC) and research.
The Railway Supply Institute has promoted Nicole Brewin to Vice President Government Affairs, and promoted Robyn Leach to Vice President Administration.
North Kansas City, Mo., is weighing the idea of reaching a pact with its larger neighbor for a feasibility study to extend the planned Kansas City starter line.
An interagency report released Tuesday recommends Ottawa's existing O-Train diesel light rail transit (DLRT) service be extended across the Ottawa River "to better integrate transit between the downtown cores of Ottawa and Gatineau."
Criticism of a proposed $850 million expansion plan for Boston's South Station is coming not just from fiscal conservatives and anti-rail partisans, but now also from those arguing current plans ignore a long-sought link with the city's North Station.
Operation Lifesaver, Inc. on Tuesday released its 2012 Annual Report, which reviews the organization's accomplishments, according to President and CEO Joyce Rose.
The Phoenix Sky Train, featuring Bombardier automated people mover (APM) equipment, will open for revenue service April 8, linking Sky Harbor Airport Terminal 4 to parking lots and Valley Metro light rail transit at 44th Street and Washington.
Riverside, Calif. Mayor Rusty Bailey is proceeding with plans for a 12-mile streetcar line linking University of California-Riverside with the city's western boundary.
Canadian Pacifc on Thursday said it had resumed service in western Minnesota after a derailment spilled up to 30,000 U.S. gallons of oil.
U.S. freight carload traffic logged a second straight week of gains, albeit modest ones, measured against the comparable period in 2012, the Association of American Railroads said Thursday.
Amtrak is seeking $2.1 billion in capital funding for fiscal year 2014, which begins Oct. 1, to obtain more passenger rail cars and continue its momentum in improving infrastructure.
Lake Oswego, Ore.-based The Greenbrier Companies, Inc. late Wednesday said it received new orders in January, February, and March for 5,400 railcar units valued at approximately $575 million.
TTX Co. AVP-Marketing Frank Adcock will outline the challenges of "Managing the national equipment pool" at The New Intermodal Age Conference and Expo, to be held next week, April 2-3, 2013, at the Hyatt Regency Baltimore on the Inner Harbor, Baltimore, Md.
To state the obvious: Other things besides railroads preoccupy the average American’s daily life. But when one deals with, works on, or writes about the railroad industry on a daily basis, a reminder of the obvious doesn’t hurt.
Transit Center, Inc., Tuesday named David Bragdon executive director. Transit Center, Inc. was founded in the mid-1980s by the Port Authority of New York & New Jersey as an incubator and provider of pre-tax commuter benefits.