Latest News Continued

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.

About 800 million gallons of water flow through Maine aquifers for the Poland Spring company each year. Since January 2016, containers full of that water flow south from Maine by rail.

The Chicago Transit Authority on Oct. 24 proposed a “balanced” $1.52 billion operating budget that holds the line on base fares and preserves bus and rail service levels, while continuing investments. The CTA also proposed a $3.5 billion five-year ...

Hitachi Rail presented October 24 the first vehicle for the new Metro for Miami-Dade County, with the Miami Mayor Carlos Gimenez and the Japanese Consul General Ken Okaniwa in attendance.

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