Latest News Continued
Monday, 05 August 2013
05 August 2013

IANA: Domestic container traffic up in 2Q

Domestic container volume continued to grow during the second quarter of 2013, up 9% measured against the comparable quarter in 2012, the Intermodal Association of North America (IANA) said Monday, Aug. 5, 2013.

Monday, 05 August 2013
05 August 2013

Rethinking railroad safety and efficiency

An innovative project on Egyptian National Railways is an example of how small railroads can install PTC at a low cost.

Monday, 05 August 2013
05 August 2013

LACMTA taps Atkins for engineering needs

The Los Angeles County Metropolitan Transportation Authority (Metro) has selected Atkins to serve as a general engineering consultant (GEC) in support of Metro's rail network operations, maintenance, and expansion plans, Epsom, England-based Atkins said Aug. 5, 2013.

Monday, 05 August 2013
05 August 2013

FreightCar America marks 2Q loss

FreightCar America, Inc. recorded a net loss of $3.4 million, or a loss of 29 cents per diluted share, in the second quarter, the company said late Friday, Aug. 2, 2013. That compared with net income of $5.6 million, or a gain of 46 cents per diluted share, in the second quarter of 2012.

Saturday, 03 August 2013
03 August 2013

Rail cost of capital fell slightly in 2012



The Surface Transportation Board announced Friday, Aug. 2, 2013, that it has determined that the rail industry’s after-tax cost of capital was 11.11%. Last
 year, the cost of capital was 11.57%.

Friday, 02 August 2013
02 August 2013

FRA issues Emergency Order, Safety Advisory in Lac ...

The Federal Railroad Administration issued an Emergency Order (EO 28, Notice No. 1, 49 CFR 232.103[n]) and Safety Advisory (2013-06) Friday evening, Aug. 2, 2013, “to help prevent trains operating on main line tracks or sidings from moving unintentionally,” specifically, those hauling certa ...
Friday, 02 August 2013
02 August 2013

Connecticut urged to aid Housatonic rail route

Massachusetts Gov. Deval Patrick reiterated the Bay State's support for restoration of passenger rail service between the Berkshire Mountains, in western Massachusetts, and New York—but Connecticut must be a contributing player, he says.

Friday, 02 August 2013
02 August 2013

Date eyed for KC streetcar groundbreaking

Construction of Kansas City, Mo.'s initial 2.2-mile streetcar line could begin this October, pending approval by the City Council, the Kansas City Streetcar Authority said Thursday, Aug. 1, 2013.

Thursday, 01 August 2013
01 August 2013

U.S. freight traffic up in latest week

U.S. freight traffic sectors did better than Canadian and Mexican counterparts during the week ending July 27, 2013, the Association of American Railroads said Thursday, Aug. 1, as both freight carload traffic and intermodal volume gained ground.

Thursday, 01 August 2013
01 August 2013

Bombardier Transportation aids parent’s 2Q

Bombardier Inc. reported Thursday, Aug. 1, 2013, that adjusted net income for the company's second quarter was US$158 million, or nine U.S. cents per share, in line with Wall Street consensus estimates, but down about 5% from earnings of US$167 million in the second quarter of 2012.

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