Latest News Continued
Hub Group, Inc. late Monday reported third-quarter earnings of $16.3million, a 29% increase compared with the third quarter of 2010. ...
Boca Raton, Fla.-based Patriot Rail Corp., a short line and regional railroad operator, and CFRail Services, a transportation asset services and investments company,have entered into long-term railcar services agreements at threePatriot-owned railroads. ...
Milestone Equipment Corp. and Scrap Metal Services LLC on Monday announced the acquisition of 7,300 intermodal dry van trailers.** The heavy-duty dry van trailers are operated under leases throughout North America in rail intermodal service. Financial terms of the transaction were not disclosed. ...
The Maryland Transit Administration has reached a contract agreement with Bombardier Transportation to provide 54 Bombardier BiLevel rail cars for MARC passenger rail service at a cost of $153 million. ...
Bellevue, Wash., has released drafts of a proposed agreement between Sound Transit and the city to finance a $300 million light rail transit tunnel through the municipality’s downtown. Bellevue’s City Council has the option of passing the agreement, asking for more time, ...
Union Pacific Railroad will continue improving right-of-way in Wyoming and Nebraska by investing $17 million in the rail line that runs from Egbert, Wyo., to Hershey, Neb., the Class I railroad said Friday. ...
Fairport, N.Y.-based RailComm said Friday its Yard Automation System at Amtrak’s Chicago Union Station is now operational. ...
GE Transportation Friday reported $1.3 billion in third-quarter revenue, up 48% from the comparable quarter in 2010, and a profit of $196 million, up 94% compared to the year-ago quarter. ...
Following earlier recommendations from VIA Metropolitan Transit and Bexar County (Tex.) officials, and despite earlier political turmoil surrounding the subject, the San Antonio City Co ...
Kansas City Southern Friday morning reported third-quarter 2011 diluted earnings of $100 million, or 91 cents per share, up from $50 million or 48 cents per share in the third quarter of 2010. Adjusted for impacts related to Hurricane Alex in 2010, a 2010 post-employment expense benefit, and debt r ...
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