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The Georgia Ports Authority (GPA) saw the highest-ever volume of intermodal rail moves in Fiscal Year 2015 with the Port of Savannah having moved 369,347 containers by rail in FY2015, up from the previous year record of 332,996 containers set in FY2014, the authority announced on July 27, 2015. T ...
Wabtec has confirmed that it plans to acquire Faiveley Transport for a total purchase price of $1.8 billion, including assumed debt, which if approved, will create one of the world's largest rail equipmen ...
“Short-term pressure,” in the words of President and CEO Jim Squires, contributed to Norfolk Southern on July 27, 2015 posting second-quarter 2015 financials with significant declines in net income, operating revenues ...
Crosslinx Transit Solutions General Partnership, a consortium comprised of Aecon Group Inc., ACS Infrastructure Canada, EllisDon, and SNC-Lavalin, announced July 24, 2015 that it has reached commercial and financial close on t ...

Wabtec Corp. on June 23, 2015 reported record results for second-quarter 2015.

VHB has added four new employees to its Transit & Rail practice in order to better serve clients in metropolitan areas along the East Coast, including Boston, New York City, Washington, D.C., and Atlanta, the firm announced on July 23, 2015. ...
The Sunday, July 26, 2015 Brickyard 400 NASCAR Sprint Cup Series race at Indianapolis Motor Speedway will have not one, but two CSX-primary-sponsored Front Row Motorsports Ford Fusions running: The familiar blue and gold “Play It Safe Around Railroad Tracks” No. 34, driven by 22-year-old Bret ...
Worldwide rail infrastructure and maintenance firm Harsco Rail, a division of Harsco Corp., will move all its technology products and services under the Protran Technology bran ...
Net income of $1.2 billion, compared with 2014 net income of $1.3 billion, combined with an operating revenue decrease of 10% and an operating income down 11%, resulted in a flat second-quarter 2015 for Union Pacific (UP), the railroad reported on ...
Railroads that are revenue adequate and earn their cost of capital should not be punished by capping their shipping rates, which would discourage the substantial and mostly private investment in the nation’s critical rail transportation infrastructure, CSX Executive Vice President and CFO Fredr ...
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