Latest News Continued

VIA Rail released its annual report on May 6, 2016, and for the first time in seven years, posted both ridership and revenue gains.

Continuing efforts begun in 2012 with the purchase of a wind turbine generator at the Kingston rail layover facility, the Massachusetts Bay Transportation Authority projects a further reduction of energy costs in the coming fiscal year, thanks in part to renewable energy efforts.

Caltrain’s annual ridership count shows that agency has reached a record for the sixth consecutive year.

Kansas City, Mo., celebrated the return of light rail to its streets after a 59-year hiatus on May 6th with the opening of a 2.2-mile line from River Market via the city center to Union Station.

In a bid to make good on a promise to promote community engagement for the Long Island Rail Road (LIRR) Expansion Project, New York Gov. Andrew Cuomo laid out plans for public meetings, launched a new website and committed to expedited grade crossing improvements.

On May 5, 2016, the Caltrain Board of Directors adopted an agreement that invests an additional $211 million in the Caltrain Modernization Program. The seven-party agreement increases funding commitment ...
CN announced on May 5, 2016 it has been recognized as one of the three recipients of the prestigious Responsible Care Partner of the Year award of the American Chemistry Council (ACC), as well as a a 2015 National Achievement Award ...

“We would still be buyers of Norfolk Southern stock,” Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl wrote in Reiterate Outperform—Just the Tip of the Iceberg, on May 5, 2016.

The Federal Aviation Administration opened public comments on May 3, 2016 for a proposed funding change that could benefit passenger rail development around airports.

CN and the Canadian Pacific announced on May 5, 2016 that they are contributing a minimum of C$150,000, combined, to help people affected by the devastating wildfires that have swept through Northern Alberta, forcing emergency evacuations of some 80,000 people and destroying thousands of homes an ...
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