Latest News Continued
01 August 2011

Class I

Employment on U.S. Class I railroads reached 159,340 in June, an increase of 1.15%, or 1,688 workers over May and a 5.16% increase over June 2010. Train crew employment (transportation-train and engine) showed the strongest increase. The June figure of 64,111 was 1.64% higher than in Ma ...
Your short line faces higher fuel prices, health costs escalating at a rate you can’t predict, limited ability to increase per-car divisions with your Class I connections, and has about worn out its first-generation GP7s and GP38s. Where’s the money coming from? You have three choices ...

Washington, D.C. and Cincinnati may become the first U.S. cities to purchase dual-power streetcars—and they’ll have plenty of options to choose from.

Canadian Pacific has harnessed the latest train control and planning technologies to drive forward its successful long-train program. The first half of 2009 was a tough time for Canadian Pacific Railway. In the grip of a sharp global economic downturn, the compan ...
An elder statesman among the growing crowd of U.S. transit properties, Massachusetts Bay Transportation Authority—the "T"—holds to its vision: expand its service area and service options. Watch Boston TV, listen to a radio station, and/or read a Boston-area newspaper (or news/o ...
Kansas City Southern looks to its new international intermodal corridor for sustained growth.Kansas City Southern is "the best growth story in rail." That proclamation, made recently by Dahlman Rose Director-Equity Research and Railway Age Contributing Editor Jason Seidl, characterizes a ...
The Surface Transportation Board released Friday a new user fee list that incorporates a recent decision to reduce fees for filing formal complaints, including rate complaints and unreasonable practice complaints, to $350, and maintains the $150 fee to file an expedited small rate case. ...
GATX Rail earned a profit $56.7 million in the second quarter of 2011, compared with $29.4 million to second-quarter 2010. GATX Corp. said the improvement in Rail segment profit was driven by higher lease income and increased asset remarketing activity, partially offset by higher maintenance expense ...
An agreement between Amtrak and the North County Transit District will allow California COASTER customers to supplement monthly passes with a COASTER-Rail2Rail-UPGRADE. The upgrade opens access to Amtrak California Pacific Surfliner trains between the Oceanside Transit Center and San Diego ...
McKeesport, Pa.-based Maglev, Inc., the frontrunner expected to land any maglev project serving Pittsburgh International Airport, has filed for Chapter 11 bankruptcy as it attempts to reorganize and await a $28 million federal grant. Maglev, Inc. has sought to develop a 54-mile, $5.25 ...
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