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Axion International announced that it has signed a letter of intent with Sicut Holding Ltd. to form a global joint venture for the manufacture and sale of Recycled Structural Composite (RSC) crossties utilizing their respective licenses from Rutgers University.The new company, to be known ...
San Antonio’s VIA Metropolitan Transit has hired HNTB Corp. as a program manager to determine plans for an urban rail line. HNTB, with an office in the city, will work as VIA's in-house consultants to determine the potential rider market, route or routes, and whether light rail transit (LRT ...
The Greenbrier Cos. Friday reported revenue of $317 million in its third quarter ended May 31, up from $207 million in the comparable period in 2010. Net loss for the quarter was $3.3 million, or 14 cents per diluted share, compared with net earnings of $4.6 million, or 23 cents per diluted share, ...
Chicagoland’s Regional Transportation Authority (RTA), seeking to bolster and assist ridership on its bus and train routes, has produced a video entitled “From the Suburbs to Chicago” aimed at customers using Chicago Transit Authority, Metra regional rail, and Pace suburban bus ser ...
Regional Rail, LLC, on Friday said it has entered into an agreement with Norfolk Southern Corp. to lease and operate the Class I railroad’s York Industrial Track, which runs from York, Pa., to Stony Brook, Pa. Regional Rail said the line will be operated as part of its subsidiary East Penn ...
The Surface Transportation Board announced Thursday that it is cutting the fees that shippers pay to file a railroad rate or unreasonable practice complaint from $20,000 to $350. The board is maintaining the $150 fee to file an expedited small rate case. ...
U.S. freight carload traffic for the week ending July 2 advanced 0.3% compared with the same week in 2010, the Association of American Railroads said Thursday. U.S. intermodal volume, meanwhile, gained 2.5% for the week compared with a year ago. ...
The United States and Mexico signed an agreement in Mexico City Wednesday that will permit Mexican trucks to operate on U.S. highways. In return, Mexico will cancel tariffs ranging between 25% and 50% that it imposed oncertain U.S. products in retaliation for the decision of the Obama Administration ...
As expected, Rep. John Mica (R-Fla.) Thursday unveiled a six-year surface transportation reauthorization bill, totaling $230 billion, roughly 20% less than the previous bill, SAFETEA-LU, and also significantly less than a $500 billion reauthorization bill introduced to Congress, but never passed, in ...
A rare 2011 setback for Bombardier Transportation has prompted the company to plan layoffs for 1,400 workers in Great Britain. Bombardier says it will let go 446 permanent employees and 983 temporary workers at its Derby, England, facility, following its failure to land a contract to build passen ...
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