Latest News Continued
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 ...
CSX is building a privately funded $15 million, 34-acre intermodal terminal in Louisville, Kentucky. The terminal, which is slated to begin operations in early 2012, will provide intermodal service to customers and consumers in the greater Louisville area.The new terminal will be built and ...
The latest freight car market analysis from Economic Planning Associates shows that the carbuilding backlog grew about 10% in the second quarter of 2011, compared to the previous quarter “In spite of a slowing economy, the railcar market continues to improve,” EPA said. “ ...
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 ...
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