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Trinity Industries, Inc. late Wednesday reported net income of $29.7 million, or 37 cents per common diluted share, for the third quarter, compared with $23.2 million, or $0.29 per common diluted share, in the comparable quarter of 2009. Included in the results for the third quarter of 2010 was a ...
TCS Rail Services said Wednesday it will be co-hosting a seminar with the Federal Railroad Administration in Overland Park, Kan., on November 16, entitled “Drug and Alcohol Program Manager Training Session With Signs and Symptoms Training and Engineer Certification.” ...
Canadian Pacific reported Wednesday that third-quarter revenue increased 15% to C$1.3 billion, reflecting gains that included a 23% increase in industrial and consumer products traffic and a 41% increase in sulfur and fertilizers volume. ...
Wilmerding, Pa.-based Wabtec Corp. Wednesday reported third-quarter earnings rose 11% to $51 million, or 63 cents per diluted share, compared with comparable third-quarter 2009 earnings of 57 cents per diluted share. Sales of $276 million were up 14% compared with the year-ago quarter. ...
New Jersey Gov. Chris Christie today again canceled the proposed trans-Hudson rail tunnel, dubbed Access to the Region’s Core (ARC), based in large measure on concerns over cost overruns. The project, initially estimated to cost $6 billion, most recently was pegged at $8.7 billion, with additi ...
Canadian National reported an operating ratio of 60.7%, two points lower than a year ago, in a third quarter that saw net income rise by 21%to C$556 million while earnings per share of (C$1.19) increased 23% over reported third-quarter 2009 EPS, and by 27% over adjusted EPS. ...
Despite the impact of Hurricane Alex on revenue and expenses, Kansas City Southern on Tuesday reported third-quarter net income of $50.2 million, or $0.49 per diluted share (excluding debt retirement costs of one cent per share) and exceeding the estimates of Wall Street analysts by four cents. T ...
L.B. Foster Co. reported Tuesday that its third-quarter net income rose 6.0% to $6.5 million, or $0.63 per diluted share, vs. $6.1 million or $0.60 per share in the 2009 quarter. Analysts had expected per-share earnings of $0.55. Third quarter 2010 net sales increased 28.3% to $125.6 million compare ...
The Association of American Railroads (AAR) and the Transportation Technology Center, Inc. (TTCI) on Monday announced the establishment of a TTCI Research Advisory Board. Developed to provide feedback on AAR’s Strategic Research Initiatives and on how TTCI can best serve the AAR Affiliates and the Associates, the board will consist of members drawn from AAR’s Gold Associate and Affiliate programs.

aar_logo.jpgThe TTCI Research Advisory Board will be made up of 12 members who will serve two-year terms. The board will include members from non-Class I freight railroads, regional (“commuter”) railroads, infrastructure and equipment suppliers, and engineering consulting firms and car owners and lessors.

The Advisory Board will meet annually in Pueblo, Colorado at the Transportation Technology Center to receive updates on the AAR research program, observe and inspect various technology developments and interact with members of TTCI’s senior management team. The Advisory Board will offer input and advice to TTCI and the AAR research committees regarding the development and implementation of the AAR’s Strategic Research Initiatives Programs.

“I believe that this board will not only add value to the associate and affiliate program but will also bring additional insight to the valuable research program at TTCI,” said AAR President and CEO Edward R. Hamberger.

“The addition of AAR associate and affiliate members to our research program will bring an additional dimension to our research efforts from valuable stakeholders in the railroad industry. This will help maintain TTCI’s reputation as the leading transportation research and test organization in the world,” said Roy Allen, president of the Transportation Technology Center, Inc. --> The Association of American Railroads (AAR) and the Transportation Technology Center, Inc. (TTCI) on Monday announced the establishment of a TTCI Research Advisory Board. Developed to provide feedback on AAR’s Strategic Research Initiatives and on how TTCI can best serve th ...

The federal government on Monday proposed for the first time fuel efficiency and emissions standards for commercial trucks, which official estimates say will be hauling 14 billion tons of freight a year by 2018, vs. 11 billion tons in 2006. A joint initiative of the Department of Transportation and the Environmental Protection Agency, the proposed new rules are designed to eliminate nearly 250 million tons of greenhouse gas emissions during the service lifetime of trucks manufactured in the 2014-2018 model years as well as save 500 million barrels of diesel fuel.

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A reduction of up to 20% in carbon emissions and fuel use would be required of tractor-trailer rigs by the 2018 model year.

DRT and EPA estimated that fuel savings would pay for the cost of required upgrades within a year.

The action came three days after the American Trucking Associations announced that it had adopted “a carbon emissions control policy supporting a national fuel economy standard for trucks, rather than government actions to increase fuel prices or alternative fuel mandates. The policy states that ‘carbon emission reductions achieved through national truck fuel economy standards are preferable to government actions that increase fuel prices in an effort to discourage petroleum-based diesel fuel consumption or mandate the use of alternative fuels.’”

“While any federally mandated carbon control program applied to transportation fuels likely will increase the cost of fossil fuels,” said the trucking lobbying group, ”all discussions of carbon control programs should be premised on fundamental principles designed to minimize disruptions to the transportation of goods and to protect the viability of the trucking industry.”

ATA said its new energy policy outlines a framework for evaluating carbon control initiatives and specifies that an effective carbon control program for the trucking industry must,. among other things, produce “cost-effective, verifiable carbon reductions” and “ensure that revenue generated from motor carriers and other highway transportation consumers benefits highway users.” 


--> The federal government on Monday proposed for the first time fuel efficiency and emissions standards for commercial trucks, which official estimates say will be hauling 14 billion tons of freight a year by 2018, vs. 11 billion tons in 2006. A joint initiati ...
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