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The Acciona-Odebrecht construction consortium, building the first metro line in the Ecuadorian capital Quito has commissioned Siemens to electrify the line.

26 October 2016

NS 3Q: Record-low OR

Norfolk Southern on Oct. 26 reported third-quarter 2016 results with a record low operating ratio, which improved to 67.5%, reflecting a 10% reduction in operating expenses coupled with a 7% decline in operating revenues.

The Association of American Railroads (AAR) on Oct. 26 reported for the week ending Oct. 22, 2016, total U.S. weekly rail traffic was 544,092 carloads and intermodal units, down 1.7% compared with the same week last year.

New Jersey Transit has executed a lease agreement with the New York Metropolitan Transportation Authority for the last component of radio spectrum needed for its Positive Train Control (PTC) system, and has set its FY2017 operating and capital budgets.

Longevity is common in the railway supply business, even though many companies have been through the merger and acquisitions process. Louisville, Ky.-based Road & Rail Services marks 30 years in this industry in 2016.

Savage announced Oct. 25 the start of transloading in Daveport, Iowa.

Luc Jobin, CN President and CEO, announced CN's third-quarter 2016 results on Oct. 25: "With solid execution from our industry-leading operating team and a network-wide focus on providing quality service, CN delivered outstanding results in the third quarter while faci ...

The first of 18 three-car Metropolis trains for Guadalajara metro Line 3 has left Alstom’s Santa Perpetua de Mogoda plant near Barcelona for the nearby port of Tarragona on the first stage of its journey to Mexico.

Greenbrier on Oct. 25 reported results for its fourth quarter and fiscal year ending Aug. 31, 2016, as well as orders for 2,300 railcars valued at $200 million.

Wabtec Corporation reported on Oct. 25 results for the 2016 third quarter, updated 2016 full-year guidance and announced modified terms for its acquisition of Faiveley Transport.

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