Latest News Continued
Union Pacific announced Thursday that its employees achieved the best first half of the year safety performance in the company’s nearly 150-year history. Union Pacific’s employee reportable injury rate was 1.01, a 23% improvement vs. 2010’s record 1.31 reportable injury rate. ...
FreightCar America, Inc. reported second quarter revenues of $97.6 million and net income of $0.2 million, or $0.02 per diluted share. For the first quarter of 2011, the company had revenues of $72.2 million and a net loss of $1.3 million, or $0.11 per diluted share. For the second quarter of 20 ...
L.B. Foster Company's 2011 second quarter operating results include income of $6.4 million or $0.61 per diluted share. Second quarter sales increased by $54.2 million or 45.4% due to the inclusion of Portec Rail Products Inc. sales, as well as a 21.5% sales increase in the legacy L.B. Foster bus ...
Amid international speculation that its $300 billion high-speed rail program has been seriously damaged by faulty technology and a crash that killed 40 people (pictured), an announcement from Beijing on Thursday claimed the first “international” sale of a high-speed rail signaling system for ...
Amid international speculation that its $300 billion high speed rail program has been seriously damaged by faulty technology and a crash that killed 40 people (pictured), an announcement from Beijing on Thursday claimed the first “international” sale of a high-speed rail signaling system for ...
In the past two months, the Greenbrier Companies has received orders for 3,700 new railcar platforms valued at approximately $285 million. Combined with orders received since September 1, 2010 (the beginning of Greenbrier's fiscal year), Greenbrier’s cumulative number of railcar orders orde ...
03 August 2011

East Penn

Short line holding company Regional Rail LLC on Aug. 1 commenced operations in southeastern Pennsylvania on the York Industrial Track, which it has leased from Norfolk Southern. The York Industrial Track, which runs from York to Stony Brook, Pa., is now operated as part of Regional Rail subsidia ...
Rising from the destruction inflicted by the 9/ll 2001 terrorist attack, the New York Metropolitan Transportation Authority’s new, $1.4 billion Fulton Street Transit Center in lower Manhattan reached a milestone Tuesday with the opening of the 135 William Street entrance. The Cent ...
Iowa Pacific Holdings, LLC has agreed to sell the Arizona Eastern Railway Co. to Genesee & Wyoming, Inc. in a $90.1 million cash transaction, subject to post-closing adjustments.The Arizona Eastern was chartered in 1895 as the Gila Valley, Globe & Northern, and was constructed bet ...
A preliminary count by the Federal Railroad Administration Office of Safety Analysis shows that U.S. railroads reported 290 rail-related fatalities in the January-May period of 2011. Fatalities at highway-rail grade crossings totaled 110, vs. 104 in the 2010 period, an increase of 5.8%. Trespass ...
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