Latest News Continued

New York's Metropolitan Transportation Authority said Monday, Oct. 27, 2014 that its new Fulton Street Transit Center, serving 11 subway lines and related facilities in lower Manhattan, will open to the public on Nov. 10 at 5:00 a.m.

Wabtec Corp. on Tuesday, Oct. 28, 2014 announced "record results" for its third quarter, led by record earnings per diluted share of 93 cents, up 22% from the comparable quarter in 2013. That handily beat Wall Street's consensus analyst estimate of 89 cents per share.

Amtrak on Oct. 27, 2014 said it posted record ticket revenues for the Fiscal Year 2014 ending Sept. 30, and achieved slight increase in ridership over the prior fiscal year, “reflecting strong continued demand for passenger rail.”
The New York Metropolitan Transportation Authority (MTA) has named National Transportation Safety Board Managing Director David L. Mayer as the agency’s new Chief Safety Officer.
The Western Coal Traffic League (WCTL) has petitioned the Surface Transportation Board to "require BNSF Railway Company (BNSF) to submit to the Board a coal-specific service recovery plan, and for the Board to review, approve or revise, and enforce the recovery plan," according to the STB. WCTL s ...
Unveiling a new logo for regional rail service 12 days before Election Day, Connecticut Gov. Dannel P. Malloy and the state Department of Transportation announced capital adjustments to the newly named "Hartford Line," linking the state capital with Springfield, Mass. to the north, and New Haven, ...

U.S. Sen. Charles Schumer (D-N.Y.), joined by Staten Island Borough President James Oddo, is urging the Port Authority of New York & New Jersey (PA) to fund a proposed West Shore Light Rail project.

Southeast Pennsylvania Transportation Authority (SEPTA) says its $130 million smart-card payment system, now dubbed "SEPTA Key," will be implemented on Philadelphia-area buses and subways beginning early next year, with implementation on light rail transit operations to follow.

Canadian Pacific’s Holiday Train program is returning to the rails for a 16th year to raise money, provide food, and promote awareness for food banks and hunger issues across Canada and the U.S. Since 1999, the program has raised close to C$9.5 million and 3.3 million pounds of food for North ...
Kevin B. Myles has joined Marsh, a global provider insurance brokering and risk management, as a Vice President in its Global Rail Practice.
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