The Federal Transit Administration (FTA) issued a public notice and request for comments on a proposed General Directive that would reduce the frequency of stop signal overruns in the rail transit industry.
The Association of American Railroads (AAR) on Jan. 18 reported for the week ending Jan. 14, 2017 total U.S. weekly rail traffic was 516,229 carloads and intermodal units, up 2% compared with the same week last year.
OPW, a Dover company and a global supplier of fluid-handling equipment, celebrates its 125th anniversary in 2017. OPW was founded as the Ohio Pattern Works & Foundry Co. in Cincinnati, Ohio and was officially incorporated in 1892.
Rail shippers “are more confident in the economy, and the new Trump Administration is providing a degree of both hopeful optimism and uncertainty,” according to Cowen and Company’s 4Q16 Rail Shipper Survey. “Overall, the survey is positive for the rails, in our view.”
Tanya Adams has been promoted to vice president in the Chicago office of WSP | Parsons Brinckerhoff.
On Jan. 17, CSX Corporation announced fourth quarter 2016 net earnings of $458 million, or $0.49 per share, versus $466 million, or $0.48 per share, in the same period of last year.
Brookville Equipment Corporation’s Rick Graham was recently promoted to President after serving for 14 months as Chief Financial Officer.