Douglas John Bowen

Douglas John Bowen

Douglas John Bowen is Managing Editor of RAILWAY AGE. He also served as Editor of Intermodal Age from 1989 to 1991, and has held various positions at Inbound Logistics magazine, High Speed Transport News, The Journal of Commerce, and CNN/Money. Bowen began his journalism career at the Asbury Park Press, a New Jersey daily newspaper. A graduate of Rutgers University, Bowen resides in Hoboken, N.J. He served as president of the New Jersey Association of Railroad Passengers (NJ-ARP) from 1987 to 2000 and again from 2004 to 2010, serving on the NJ-ARP board from 1984 until 2012; he remains a member of the statewide organization.

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Monday, 28 January 2013 11:57

NS budgets $2 billion for 2013 capex

Norfolk Southern Monday disclosed its intent to invest $2 billion in 2013 for capital improvements. The largest portion of that amount, $831 million, will be for rail right-of-way upgrades, the company said.

Virginia Gov. Bob McDonnell on Thursday singled out a rail priority among numerous projects unveiled on Wednesday: restored passenger rail service to Roanoke, Va., in the state's western reaches. McDonnell's interest drew praise from Amtrak President and CEO Joseph Boardman.

Reauthorized rail safety legislation the implementation of two new laws on pipeline safety and hazardous materials safety are on the House Transportation and Infrastructure Committee's agenda in 2013, according to the committee's oversight plan released earlier this week.

U.S. freight carload traffic for the week ending Jan. 19, 2013 was down 3.5% measured against the comparable week in 2012, the Association of American Railroads said Thursday. U.S. intermodal volume kept its positive run going and then some, however, rising 13.5 compared with levels of one year ago.

Thursday, 24 January 2013 09:45

Milwaukee streetcar plans plod ahead

Pro-rail advocates and officials in the city of Milwaukee, continuing to battle anti-rail partisans in the city's namesake county and the state of Wisconsin, continue to plan the start of streetcar right-of-way construction, now set for early 2014.

Wednesday, 23 January 2013 11:46

United Streetcar delivers first car to Portland

Clackamas,Ore.-based United Streetcar, LLC has delivered the first of five streetcars ordered by nearby Portland, Ore., months behind original schedule.

Wednesday, 23 January 2013 09:06

Newest New Orleans streetcar line to debut

New Orleans plans to formally open its new 1.5-mile Loyola Avenue streetcar line on Monday, Jan. 28, seven days before the Baltimore Ravens face off against the San Francisco 49ers in the Big Easy during Super Bowl XLVII Feb. 3.
CSX Corp. Tuesday afternoon reported fourth-quarter 2012 net earnings of $443 million, or 43 cents per share, compared with $457 million, or 43 cents per share, in the comparable 2011 quarter. Earnings per share, however, beat Wall Street analyst estimates by four cents. For full-year 2012, net earnings were $1.9 billion, or $1.79 per share, up from $1.8 billion, or $1.67 per share, in 2011.
Tuesday, 22 January 2013 16:11

NS 4Q and full-year results slip

Norfolk Southern Corp. Tuesday afternoon reported fourth-quarter 2012 net income of $413 million, or $1.30 per diluted share, compared with $480 million, or $1.42 per diluted share, earned in the fourth quarter of 2011. Per-share earnings, however, did beat Wall Street analyst estimates by 11 cents. Net income for full-year 2012 was $1.7 billion, or $5.37 per diluted share, compared with $1.9 billion, or $5.45 per diluted share, earned in 2011.

Tuesday, 22 January 2013 12:07

CN notches solid 4Q results

Canadian National Tuesday reported fourth-quarter earnings of C$610 million (US$614 million), of C$1.41 per share, up from C$592 million, or C$1.32 a share, in the fourth quarter of 2011. Earnings met Wall Street consensus analyst estimates.

Tuesday, 22 January 2013 11:06

AREMA 2013 Scholarship Program announced

The American Railway Engineering and Maintenance-of-Way Association (AREMA) Educational Foundation said Tuesday it is now accepting applications for the 2013 Scholarship Program. The deadline for applications is March 8, 2013.

Norfolk Southern on Monday said it has opened its third Crescent Corridor intermodal facility, a $97 million terminal in Greencastle, Pa., in the south central portion of the Keystone State.
BNSF Railway Co. late Friday announced its 2013 capital commitment program of approximately $4.1 billion, which the railroad said was "approximately a $450 million increase over its 2012 capital spend of $3.6 billion."
Sunday, 20 January 2013 16:46

GE Transportation marks good year

GE Transportation's fourth-quarter results included $252 million in earnings, or "segment profits," in the fourth quarter, up 11.5% from $226 million in the comparable 2011 quarter.

Friday, 18 January 2013 14:14

December employment up year-over-year

Figures released Friday by the Surface Transportation Board show Class I railroads employed 162,652 people in mid-December 2012, up 1.06 % from December 2011, though down a modest 0.07%, or 114 employees, from November 2012.
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.
Friday, 18 January 2013 10:54

Feds (again) fund Detroil M-1 rail project

Transportation Secretary Ray LaHood on Friday announced Detroit's M-1 Rail project will receive $25 million from the federal government. The planned streetcar line, at present set to run 3.3 miles, has a projected cost of $137 million.
Friday, 18 January 2013 08:39

ARI in tank car pact with ACF Industries

American Railcar Industries, Inc. late Thursday said it has entered into a purchasing and engineering services agreement with ACF Industries, LLC. ACF will build rail tank cars at its Milton, Pa., plant, under the agreement.
Thursday, 17 January 2013 12:05

U.S. freight traffic resumes familiar mix(ed)

For the second week of 2013 (and the first week fully within the calendar year), U.S. freight traffic mirrored its most common measure through most of 2012: U.S. carload freight fell; U.S. intermodal volume advanced.

Thursday, 17 January 2013 11:03

LIRR eyes two tracks to Ronkonoma

MTA Long Island Rail Road Wednesday said its oft-delayed plans to increase track capacity on its Ronkonkoma Line is back in play. LIRR hopes to double-track 18 miles of the route between Ronkonkoma and Farmingdale, N.Y.

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