Latest News Continued

U.S. freight rail traffic kept advancing in the latest week ending Oct. 11, 2014, the Association of American Railroads (AAR) reported Thursday, Oct 16, suggesting continued U.S economic strength may continue despite Wall Street concerns of a global economic slowdown.

Export-Import Bank of the U.S. (Ex-Im Bank) Chairman and President Fred P. Hochberg, GE Transportation President and CEO Russell Stokes, and Indonesia's PT Kereta Api (PTKAI) of Jakarta President and CEO Ignasius Jonan have signed a credit agre ...

Northern Plains Rail Services (NPRS) said Thursday, Oct. 16, 2014 it has formed a partnership with NorthStar Midstream "to provide switching operations at their new transloading terminal located in Fairview, N.D."

Fairport, N.Y.-based RailComm said Thursday, Oct. 16, 2014 that a large Long Beach, Calif.-based container terminal selected the company "to provide remote automation to a new facility installation."

The New Mexico Border Authority has selected HNTB Corp. perform a comprehensive study determining the feasibility of a new rail bypass and international rail border crossing near the Santa Teresa, N.Mex., Port of Entry into Mexico. The resu ...

California' State Supreme Court on Wednesday, Oct. 15, 2014 rejected the latest challenge to the Golden State's proposed 700-mile high speed rail project, clearing the way for initial construction.

Siemens has been awarded a contract worth approximately €25 million (US$32 million) by the state government of Nuevo León (Secretaría de Obras Públicas del Estado de Nuevo León) to equip Metro Line 3 in Monterrey, Mexico with telecommunications, signaling, and operations control systems. ...
The Surface Transportation Board, in a decision dated Oct. 14, 2014 (Docket No. EP 724, “United States Rail Service Issues,” has asked Canadian Pacific Railway to “answer specific questions to clarify ambiguities related to CP’s efforts to resolve service problems and respond to fall pe ...
CSX posted record third-quarter 2014 net earnings of $509 million, or $0.51 per share, up from net earnings of $455 million, or $0.45 per share, in the same period last year. This performance was supported by volume increases of 7%, with broad-based growth across nearly all markets CSX serves. ...
Paul Jablonski, CEO of the San Diego Metropolitan Transit System (MTS), was recognized as the Outstanding Public Transportation Manager for 2014 by the American Public Transportation Association (APTA).
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