Latest News Continued
China’s CRRC Changchun Railway Vehicles Company this week rolled out the first of four pilot transit cars for testing on Boston’s Massachusetts Bay Transportation Authority (MBTA).
A new transportation proposal introduced by Nashville Mayor Megan Barry calls for long-term investment to improve the city's transportation system and includes 26 miles of light rail.
Total U.S. rail traffic was 548,264 carloads and intermodal units, up 3.1% for the week ending Oct. 14 compared with the same week in 2016, according to the Association of…
At CSX’s third-quarter 2017 earnings call, President and CEO E. Hunter Harrison acknowledged the railroad’s recent service problems, but insisted that CSX has recovered and is in better shape operationally…
Ground has been broken on Phase III (construction phase) of the CREATE (Chicago Region Environmental and Transportation Efficiency) Program’s 34th initiative, Project B1, “Canadian Pacific Crossover Upgrades.” Metra and Canadian…
The government of Canada is giving OmniTRAX 30 days to repair and restore service on the Hudson Bay Railway to Churchill, Manitoba, or risk a lawsuit for breach of contract.
Canadian Pacific Railway reported third-quarter adjusted diluted earnings per share of $2.90, up 6%, on revenue that was 3% higher at $1.6 billion.
The results of Cowen and Company’s Third-Quarter 2017 Railcar Survey are a “net neutral,” based on several factors, according to Vice President Matt Elkott. The percentage of shippers responding to…
Railroad shippers are anticipating price increases averaging 3.2% over the next 6-12 months, according to Cowen and Company’s Third-Quarter 2017 Rail Shipper Survey. This is a 20 basis point sequential…
Kansas City Southern has formed a new Health, Safety and Environmental group within the Operations department “to consolidate occupational health, workplace and public safety, and environmental functions under a single…
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