Canadian Pacific Railway on Tuesday, Oct. 21, 2014, announced record third-quarter net income of C$400 million (US$356.4 million), or C$2.31 (US$2.06) per diluted share, up from C$324 million or C$1.84 per diluted share, in the third quarter of 2013, an increase of 26% year-over-year.
Los Angeles County Metropolitan Transportation Authority (LACMTA) has taken delivery of a pre-series light rail vehicle from Kinkisharyo International, LLC, under a contract for 78 vehicles awarded in April 2012.
Los Angeles County Metropolitan Transportation Authority (LACMTA) officials and others on Saturday, Oct. 18, 2014 marked the completion of trackwork for the Foothill Gold Line extension of light rail transit at the line's future terminal station in Azusa, Calif.
Kansas City Southern on Friday, Oct. 17, 2014 reported third-quarter 2014 revenue of $678 million, up 9% from the third quarter of 2013. Carload volumes for the quarter were up 4% from the comparable quarter of a year ago, the company said. Both were at record levels, KCS said.
Piscataway, N.J.-based Strato, Inc., says it has been named New Jersey Manufacturer of the Year 2014 by NJBIZ, a business publication.