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Wabtec Corp. announced that it has signed a contract valued at about $12 million to provide braking equipment to Bombardier Transportation Canada, Inc., for 100 new passenger rail cars on order from New Jersey Transit. ...
CSX Corp. told its annual Investor and Financial Analyst Conference in Detroit Wednesday that it’s “targeting a compound annual growth rate in earnings per share of 18% to 20% through 2015, supported by a compound annual growth rate for operating income of 12% to 14% over the same time p ...
The commissioner of the U.S. Customs and Border Protection on Tuesday outlined planned improvements to joint U.S.-Canada operations, including streamlined radar operations to detect low-flying aircraft and establishing customs clearance for Amtrak’s Adirondack in Montreal’s Cen ...
Canadian National is making a series of capacity improvements to accommodate growing container volumes at its Brampton Intermodal Terminal (BIT), Canada’s largest such facility. CN says almost 60% of its system-wide intermodal business touches the terminal, which is located in the busy logisti ...
The American Public Transportation Association (APTA) and the International Union of Railways (UIC) on Tuesday formally announced that the 8th World Congress on High Speed Rail will take place in Philadelphia July 11-13, 2012. The World Congress is expected to attract more than 2,000 attendees world ...
FOX Business Network reporter Dagen McDowell on Tuesday, May 17, got a behind-the-scenes look at Union Pacific and the business of freight railroading—something most people rarely see or understand—as a part of the network’s American Icon series. McDowell spent the day ...
Officials in Gaston County, N.C., and Patriot Rail Corp. subsidiary Piedmont & Northern Railway seek to re-establish freight service linking Gastonia and Mount Holly, N.C., by this autumn on a local short line, though they believe actual resumption may not be achieved until January.  ...
Bombardier Transportation said Monday it has signed a contract with Saudi Arabian construction company Saudi Binladin Group,to design, build, operate, and maintain an INNOVIA APM 300 automated people mover system for the King Abdulaziz International Airport (KAIA) Development Project in Jeddah, King ...
ConnectLAX, a joint venture of Parsons Brinckerhoff (PB) and STV, Inc., said Friday it has been awarded a contract by the Los Angeles County Metropolitan Transportation Authority to provide environmental and preliminary design services for an extension of the Metro Green Line light rail to Los An ...
Amsted Rail said Thursday it has acquired Holland, L.P.’s Hollube® Wear Eliminator product line. Final agreement is scheduled to occur Friday, May 27. After that date, all orders and shipments will be initiated through Amsted Rail Customer Service, located in Granite City, Ill. ...
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