Latest News Continued

Canadian Pacific early Thursday, Jan. 22, 2015, announced record net income of C$451 million, of C$2.63 per diluted share, up 10% from the fourth quarter of 2013 and aiding the railroad's record low operating ratio of 59.8%.

Figures released by the Surface Transportation Board Wednesday, Jan. 21, 2015, show total Class I railroad employment as of mid-December 2014 rose 4.93% to 170,841, from mid-December 2013, and also added 96 positions from mid-November 2014, a rise of 0.59%.

The Toronto Transit Commission (TTC) has adjusted its timetable to implement its fare-card system, accelerating its completion date and now including its existing streetcar fleet in the mix.

New York Gov. Andrew Cuomo on Tuesday, Jan. 20, 2015 caught many by surprise in proposing a rail link from MTA subway and rail services in Queens to LaGuardia Airport, the oldest and smallest of New York's three primary area airports and the only one lacking rail access of any kind.

L.B. Foster Company has acquired TEW Engineering Ltd. of Nottingham, U.K., a 100-year-old engineering firm that designs, manufactures, and supports such applications as control panels, mimic diagrams, dynamic displays, passenger informatio ...
Former Federal Railroad Administration Deputy Administrator Karen J. Hedlund has joined Parsons Brinckerhoff as Director of Public-Private Partnerships (P3s). In her new position, she will work with federal, state, and local transportation agencies as well as private companies to facilitate fin ...

A U.S. federal disrict judge has rejected a request by anti-rail activists to block construction of streetcar right-of-way along North Rampart Street and St. Claude Avenue in New Orleans' French Quarter.

San Jose, Calif.-based Lilee Systems on Tuesday, Jan. 20, 2015 announced "the availability of its TransAir™ LMS-2450 series, a locomotive messaging and application server (LMS) series that the company says "gives freight and passenger rail operators the ability to achieve positive train control ...

Fairport, N.Y.-based RailComm said it has "completed the installation of an advanced remote switch and third-rail heater control system for the Southeastern Pennsylvania Transportation Authority [SEPTA]."

Now a two-time recipient of the industry's most prestigious award, this giant of railroading tackles the questions, where are we going, and how are we going to get there?
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