Down for freight carload traffic, up for intermodal: That once more describes U.S. freight rail volume, this time for the week ending April 20, 2013, according to the latest report by the Association of American Railroads.
The words "light rail" were uttered, or at least alluded to, by candidates for New York City mayor at a meeting in Staten Island Wednesday, hosted by the Staten Island Economic Development Corp.
Wabtec Corp. Wednesday morning reported net income from operations of $104 million, or earnings of $1.44 per diluted share, for the first quarter of 2013, up 18% from the same quarter in 2012 and a record.
The general manager of New Orleans' Regional Transit Authority Tuesday set forth a proposal for expanding the Crescent City's venerable streetcar system, though funding for such work was not identified.
