Latest News Continued
The Metropolitan Transportation Authority (MTA) today announced an “innovative and pragmatic financing strategy” to fill a $$13.6 million funding gap that looms in the final three years of its 2010-2014 capital program. ...
The Los Angeles Metro Gold Line Foothill Extension Construction Authority has awarded a $485.9 million design-build contract to Foothill Transit Constructors, a Kiewit Parsons joint venture. Authority directors called the contract “a significant milestone” for the 11-5-mile l ...
RailAmerica, Inc. second-quarter results include income from continuing operations of $8.7 million, or 17 cents per diluted share, compared with a loss from continuing operations of $4.2 million, or 8 cents per diluted share, in the second quarter of 2010. RailAmerica President and Chief Executive O ...
U.S. freight carload traffic for the week ending July 23, 2011 advanced 1.4% compared with the same week in 2010, the Association of American Railroads said Thursday. U.S. intermodal volume edged up 0.8% compared with the same week a year ago. ...
St. Charles, Mo.-based American Railcar Industries late Wednesday reported a second-quarter profit of $569,000, or 3 cents per share, compared with a loss of $5.9 million, or 28 cents per share, in the second quarter of 2010. ...
28 July 2011

APTA

Effective November 1, Michel P. Melaniphy will succeed William Millar as president of the American Public Transportation Association. APTA’s Board of Directors on Wednesday unanimously approved Melaniphy’s selection. ...
28 July 2011

T

TÜV Rheinland has appointed Suzanne Murtha as its business development manager for its Intelligent Transportation Systems (ITS) group. Murtha will develop and manage TÜV Rheinland’s North American consulting, assessment, analysis, verification, validation, testing, and certification ...
Dallas-based Trinity Industries, Inc. Wednesday reported a second-quarter earnings of $30.0 million, or 37 cents per diluted share, up from $18.4 million, or 23 cents per diluted share, in the second quarter of 2010. Revenue of $710.5 million was up from $543.1 million for the year-ago period. Wall ...
The collision of two high speed rail trains near Wenzhou, China, on July 23 has triggered doubt, both domestically and internationally, not of HSR’s viability but of China’s expertise to implement its HSR plans, in part because HSR for decades has operated nearly flawlessly in Europe and ...

San Antonio’s VIA Metropolitan Transit has adopted a master plan that includes adding both light rail transit and streetcar operations to its existing bus network. VIA Metro Transit’s Board unanimously approved the plan Tuesday, July 26, 2011.

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