Latest News Continued
The Southern California Regional Rail Authority has awarded a $120 million contract to Parsons to design, procure, and install Positive Train Control (PTC) technology on the 512-mile Metrolink regional rail system. Parsons’ responsibilities will include design, installation, documentation, ...
Norfolk Southern late Wednesday reported third-quarter 2010 net income of $445 million, up 47% compared from third-quarter 2009, and diluted earnings per share of $1.19. up 47% The operating ratio improved by 3.2 percentage points to 69.6%. ...
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 ...
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