Right-of-way used by Ohio short line Youngstown & Southern Railroad (Y&SR), currently owned by the Columbiana County Port Authority (CCPA), may soon be sold to Mule Sidetracks LLC, a noncarrier, for an estimated $3 million.
Bicycles will be allowed aboard BART trains at all times, including rush hours, following a unanimous vote Thursday, Oct. 24, 2013 by the BART Board of Directors to lift existing restrictions.
Pershing Square Capital Management founder William Ackman reportedly is selling roughly US$800 million of his investment in Canadian Pacific Railroad, or roughly 5.9 million shares.
Dallas Area Rapid Transit (DART) has selected Blue Alliance Partners (BAP) as lead designer for the $101 million South Oak Cliff Extension 3 project, an extension of DART’s Blue Line light rail transit system. BAP is a joint venture of HNTB and Dikita Enterprises, Inc.
North America’s largest railroads saw gains in both freight carload traffic and intermodal volume during the week ending Oct. 19, 2013, the Association of American Railroads reported Thursday, Oct. 24.
Passengers riding Amtrak Illinois Zephyr trains between Chicago and Quincy will have a unique opportunity this fall to view the change of seasons when the historic “Great Dome” railcar is part of Trains 380 and 383 from Nov. 5 to Nov. 22.
Chicago-based GATX Corp. Thursday, Oct. 24, 2013 reported third-quarter net income of $53.8 million, or $1.15 per diluted share, compared with net income of $53.8 million, or $1.13 per diluted share, in the third quarter of 2012.
Houston's North Rail Line will open for service on Dec. 21, 2013, according to Metropolitan Transit Authority of Harris County officials addressing a luncheon held by the Greater Houston Partnership Tuesday, Oct. 22.
Norfolk Southern Wednesday, Oct. 23, 2013 reported third-quarter net income of 482 million, up 20% from the $402 million reported in the third quarter of 2012. Diluted earnings per share were $1.53, up 23% compared with $1.24 per diluted share in comparable quarter last year.
Canadian Pacific early Wednesday, Oct. 23, 2013, reported third-quarter net income of C$324 million (US$312.5 million), or C$1.84 (US$1.77) per diluted share, noting it was a record. Results beat CP's 3Q12 income of C$224 million or C$1.30 per share.