Latest News Continued

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 ...
Houston’s Metropolitan Transportation Authority Thursday approved a $153 million contract with Construcciones y Auxiliar de Ferrocarriles (CAF) for 39 light rail transit (LRT) vehicles, noting the company now was “fully compliant” with federal regulations and offered “the ...
By a 101-to-8 vote, Michigan’s House of Representatives Wednesday passed SB 237, a supplemental appropriations bill committing roughly $32 million to match a $358.9 million federal grant, in order to acquire Norfolk Southern Corp.'s Kalamazoo-Dearborn segment of the Chicago-Detroit Wolverine C ...
Combined North American intermodal volume for the week ending Sept. 24, 2011, including the U.S., Canada, and Mexico, was up 3.5% over last year, setting a record, the Association of American Railroads said Thursday. Freight carload volumes in each of the three countries also gained for the week. ...
Colo Railroad Builders on Wednesday said it had appointed Mark Jansen vice president and general manager of the company’s Chicago office. ...
CSX Wednesday announced measurable results of its participation in the Environmental Defense Fund’s 2011 Climate Corps program. The Climate Corps places trained graduate students in three-month fellowships with companies, cities, and universities to address climate issues, including reducing c ...
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