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Intermodal leads U.S. freight rail traffic gains With intermodal leading the way, U.S. rail freight traffic during the week ending Oct. 25, 2014 maintained growth momentum, the Association of American Railroads reported Thursday, Oct. 30.
ARI 3Q revenue slips, but backlog grows American Railcar Industries, Inc. (ARI) reported a drop in third-quarter revenue 2014 relative to the comparable period in 2013. St. Charles, Mo.-based ARI announced its results late Wednesday, Oct. 29, 2014, following the closing bell on Wall Street.
Greenbrier Cos. touts record 4Q, full year The Greenbrier Cos., Inc. on Thursday, Oct. 30, 2014 announced "record results for [the] fourth quarter and fiscal year," adding it had received orders of "an additional 11,400 units" after its fiscal fourth quarter ended on Aug. 31, 2014.
NTSB, others savage Metro-North, FRA on safety The National Transporation Safety Board (NTSB) on Tuesday, Oct. 28, 2014, publicly identified several recurring safety issues plaguing Metro-North Railroad in past years, including inadequate and ineffective track inspection and maintenance, extensive deferred maintenance issues, inadequate safety oversight, and deficiencies in passenger car crashworthiness, roadway worker protection procedures, and organizational safety culture.
L.B. Foster to acquire Balfour Beatty unit L.B. Foster Co. announced on Wednesday, Oct. 29, 2014, an agreement to acquire the railroad tuning unit, FWO, of Balfour Beatty Rail GmbH. The German business provides track lubrication and switch roller equipment for international railway applications.

Breaking News

freightcar-america-3q-earnings-much-improved
October 31, 2014
FreightCar America, Inc. reported third-quarter net income of $6.4 million, or 53 cents per diluted share, much better than the loss of $900,000, or 8 cents per diluted share, in the third quarter of 2013.  Chicago-based FreightCar America announced the...
los-angeles-metro-taps-cubic-for-tap-upgrade
October 31, 2014
The Los Angeles County Metropolitan Transportation Authority (Metro) has awarded Cubic Transportation Systems $9 million contract to upgrade its TAP universal fare collection system. The contract, an add-on to the original Universal Fare System (UFS) contract awarded to Cubic in 2002...
ztr-wins-smartstart®-contract-in-germany
October 31, 2014
DB Schenker Rail, Germany, has awarded ZTR Control Systems a contract for more than 300 SmartStart® AESS (Automatic Engine Start-Stop) systems. The contract calls for systems that are EN50155 certified, as required by European railway standards. The contract was signed...
bnsf-we’re-ready-for-winter
October 31, 2014
BNSF says will go into the 2014-2015 winter season “better prepared than ever before, especially if the U.S. experiences a return of the polar vortex. The 2013-2014 winter was one of the most severe winters the U.S. has experienced in...
intermodal-leads-us-freight-rail-traffic-gains
October 30, 2014
With intermodal leading the way, U.S. rail freight traffic during the week ending Oct. 25, 2014 maintained growth momentum, the Association of American Railroads reported Thursday, Oct. 30. U.S. freight carload traffic did fine itself, up 3.5% when measured against the...
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Blogs and More

why-ntsb-got-it-wrong
October 31, 2014
I forced myself to review every miserable second of the Oct. 28, 2014 NTSB press conference regarding NTSB’s determination of the causes of five accidents on Metro-North Railway (MNR), for a couple of reasons: 1) I couldn’t believe what was being said 2) I couldn’t...
“schumenthal”-at-their-self-serving-best-and-worst
October 29, 2014
I never thought I would find myself in the position of defending the Federal Railroad Administration, at least from anyone other than the Ayn Rand-Alan Greenspan-Phil Gramm-Rush Limbaugh types out there, but life is a funny thing.
transport-canada-resumes-modest-rail-safety-regulation
October 29, 2014
After a train crash of criticism by Canada's Transportation Safety Board and the country's auditor-general, Transport Canada is softly moderating its three-wise-monkeys approach to railway regulation.
unknotting-rail-congestion-compels-investment
October 28, 2014
Unraveling the knot restricting rail network fluidity cannot be achieved through Surface Transportation Board (STB) intimidation of rail CEOs, or by the agency's issuance of an emergency service order instructing one railroad to operate over the tracks of another, or by merging the nation's seven...
lrt-aids-houstons-21st-century-hopes
October 21, 2014
Jettison the biases and stereotypes before you head to Houston, my brother-in-law cautioned me last month as I prepared for APTA Expo 2014. "It's really grown up; it's a real city now," he offered.