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The Timken Co. Friday reported record sales of $5.2 billion for 2011, up 28% from 2010 on "strong demand from diverse industrial markets,” including the railroads., (The growing railroad market for Timken roller bearings reflects the soaring demand for freight cars.)

The Railway Supply Institute said Friday that the “House Transportation and Infrastructure Committee is set to vote on SAFETEA-LU reauthorization legislation as early as next Thursday, February 2, and that vote could sanction “an increase in truck size and weights at state option as well as a ...

J.B. Hunt Transport Services, Inc. reported late Thursday that fourth quarter 2011 Intermodal Segment revenue increased 24% to $729 million, and operating income grew 20% to $83.9 million.

Railroad freight car orders increased 51.4% in the fourth quarter to 16,434, compared with 10,853 car orders for the same quarter last year, according to the Railway Supply Institute. Orders in the quarter fell relative to the third quarter, which totaled 20,165 orders.

New York’s Metropolitan Transportation Authority Capital Construction says it plans to reorganize its construction plan of the $7.4 billion East Side Access project, designed to give the Long Island Rail Road ...
Canadian Pacific Railway Thursday reported fourth-quarter net income of C$221 million and diluted earnings per share of C$1.30, including 22 Canadian cents per share income tax benefit. For the full year, the company reported net income of C$570 million, down from last year, and diluted earnings ...
U.S. freight carload traffic in early 2012 rose again, up 1.6% for the week ending Jan. 21, the Association of American Railroads reported Thursday. U.S. intermodal volume moved up even more, advancing 3.0% for the week measured against the comparable week in 2011. ...

Norfolk Southern has announced a $2.4 billion capital improvement program for 2012, 12% higher than 2011 spending. 

New generation trains running on existing track can easily combine higher speeds, lower energy consumption, reduced noise, and lower costs, according to findings by Swedish researchers released Wednesday in Stockholm. The four-year project was supported by three major partners, including Bombardi ...

Union Pacific Railroad employees achieved a record low 1.15 reportable injury rate in 2011, the best performance on record in the company's 150-year history, according to a UP announcement Tuesday.

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