Latest News Continued
In this year's first seven months, 743 large and small U.S. railroads reported 6,229 accidents and incidents, down 7.3% from the same period in 2010, according to the Federal Railroad Administration's Office of Safety Analysis.Rail-related fatalities declined 3.5% to 415 in the 2011 period ...
Ubisense is introducing to the American market a real-time location system, Transit Yard Manager for Rails (TYM), which it says improves rail yard efficiencies and productivity.TYM for Rails provides rail operators with several real-time location benefits, Ubisense says, including: ...

According to information in BNSF's 10Q quarterly filing at the Securities and Exchange Commission, the company paid a dividend of $250 million to Warren Buffett, its only stockholder. Some analysts immediately raised questions about the wisdom and size of the dividend payment.

30 September 2011

LIRR’s new digs

Construction proceeds to give the largest U.S. regional railroad access to Grand Central Terminal, while a revitalized and upgraded Brooklyn hub goes into service. 

Amtrak Sept. 28 unveiled an ambitious vision for "Next-Generation High-Speed Rail service" in the Northeast, superseding and complementing its existing Northeast Corridor, and designed to dramatically reduce travel times between Boston and Washington, D.C. upon full buildout in 2040. Spea ...

Welcome to this year’s edition of the Railroad Financial Desk Book. Each year we try our best to take a look back and a look forward to see if we can discern what the tea leaves have in store for the rail equipment and leasing industries.

Bigger is indeed better for this transcontinental carrier, which is operating some of the longest freight trains in North America. A railroad's stock performance isn't its only measure of excellence, but it's a good one.

30 September 2011

Jason Seidl: What

Dahlman Rose & Co. Transportation Analyst (and Railway Age Contributing Editor) Jason Seidl issued an investment advisory Friday that put the recent (and continuing) decline in railroad stocks in a broad context that gives investors solid grounds for holding onto their shares. ...
U.S. Transportation Secretary Ray LaHood announced that under an agreement reached with New Jersey Gov. Chris Christie, the state will reimburse the federal government $95 million for money that was supposed to be spent building the ARC Tunnel between New Jersey and Manhattan. Christie terminated ...
Bombardier Transportation has spent several weeks preparing to showcase its North American Light Rail Vehicle at the American Public Transportation Association Expo 2011 Oct. 2-5 in New Orleans. Bombardier plans to hold a press conference at 2:00 p.m. Monday at its exhibition to detail “two o ...
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