Latest News Continued
Railroads operated by Iowa Pacific Holdings LLC carried nearly 400,000 passengers during the holiday season, and the company is the largest franchisee of the Warner Brothers Polar Express™ brand, both in locations and number of passenger ...
The 17th year of the Canadian Pacific Holiday Train program “saw tremendous crowds, generous donations and big smiles as it etched its way across Canada and the northern U.S.,” according to CP. “With results continuing to roll in, the 2015 edition of the Holiday Train is on track to raise m ...
Vertex Railcar Corp. of Wilmington, N.C., has achieved two certifications from the Association of American Railroads (AAR). Following official site audits this fall, AAR representatives certified that the Vertex facility in Wilmington meets ...
Citing a “tepid macroeconomic climate that is impacting all freight transport providers, including truckers,” Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl is lowering estimates and reducing price targets well before the railroads rep ...
The Association of American Railroads, in reporting rail traffic for the week ending Dec. 26, 2015 (week 51), noted that total U.S. weekly rail traffic was 391,107 carloads and intermodal units, down 9.8% compared with the same week in 2014. Total carloads for the week, pushed by a near-32% drop ...
The Fort Worth Transportation Authority (The T) and representatives from Union Pacific, Dallas Area Rapid Transit (DART), Amtrak, Fort Worth & Western Railroad (FW&W) and Regional Rail Right-of-Way Co. on Dec. 28, 2015 signed a shared-use op ...
During much of fourth-quarter 2015, investor interest in Wabtec (Westinghouse Air Brake Technologies Corp.) has increased due to concerns about the North American railcar cycle, Wabtec’s pending acquisition of Faiveley Transport, the sustainability of margins and returns, and the company’s de ...

New Jersey Transit has appointed Dennis J. Martin as Interim Executive Director effective Dec. 28, 2015, replacing Veronique “Ronnie” Hakim, who left NJT to become President of MTA New York City Transit.

The U.S. Surface Transportation Board on Dec. 28, 2015 issued two interrelated decisions—a Notice of Proposed Rulemaking (NPRM) and Proposed Policy Statement (PPS)—proposing revised definitions and policy guidance for passenger train on-time performance and preference. The STB is seeking publ ...
Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl reports on a recent dinner conversation with “a large private shipper” that focused on the proposed Canadian Pacific-Norfolk Southern merger, rail pricing, railcar sourcing, and the U.S. e ...
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