Latest News Continued
Wednesday, 24 April 2013
24 April 2013

New Orleans ponders streetcar expansion

The general manager of New Orleans' Regional Transit Authority Tuesday set forth a proposal for expanding the Crescent City's venerable streetcar system, though funding for such work was not identified.

Wednesday, 24 April 2013
24 April 2013

CP touts “best ever” first quarter

Canadian Pacific early Wednesday reported first-quarter net income of C$217 million, or C$1.24 per diluted share, up sharply from C$142 million, or 82 Canadian cents per share, in the first quarter of 2012—a 51% improvement in earnings per share. Earnings beat Wall Street consensus estimat ...
Tuesday, 23 April 2013
23 April 2013

CSX, David Ragan ready for Richmond race

NASCAR Sprint Cup fans attending the Toyota Owner’s 400 on Saturday evening, April 27, at Richmond International Raceway, or tuning in to the race on Fox Sports, will see something unusual on the three-quarter-mile track: A racecar sporting Class I railroad graphics.
Tuesday, 23 April 2013
23 April 2013

NS 1Q earnings rise

Norfolk Southern Corp. Tuesday afternoon reported a first-quarter 2013 net profit of $450 million, or $1.41 a share, up from $410 million, or $1.23 a share, in the first quarter of 2012. First-quarter results included a gain from the sale of land to the Michigan Departm ...
Tuesday, 23 April 2013
23 April 2013

FTA gives OK for Detroit M-1 project

The Federal Transit Administration has given its environmental approval for Detroit to construct an initial 3.3-mile streetcar line along Woodward Avenue from downtown Detroit to the New Center area.

Tuesday, 23 April 2013
23 April 2013

Kansas City to piggyback streetcar order

Kansas City officials say they'll seek streetcar rolling stock through options already held by Cincinnati or Salt Lake City, which are advancing their own streetcar lines.

Monday, 22 April 2013
22 April 2013

Attack on VIA Rail train thwarted

The Royal Canadian Mounted Police arrested two men April 22 who had been planning to bomb a Via Rail Canada passenger train. One was arrested in Toronto and one near Montreal following a lengthy counter-terrorism investigation, “Project SMOOTH,” that began in August 2012 and included the FBI. ...
Monday, 22 April 2013
22 April 2013

CN 1Q earnings slip but beat Street

CN Monday reported first-quarter net income of C$555 million, or C$1.30 per diluted share, down from net income of C$775 million, or C$1.75 per diluted share, in the first-quarter of 2012.

Monday, 22 April 2013
22 April 2013

March employment gains over year, previous month

Figures released Monday by the Surface Transportation Board show Class I railroads employed 163,059 people in mid-March, up 0.66% from March 2012, and up 831 people, or 0.51% from last February.

Monday, 22 April 2013
22 April 2013

Key Brooklyn subway stop nears reopening

MTA New York City Transit will reopen its Smith-Ninth Street subway stop in Brooklyn Friday morning, April 26, following almost two years of repair work and nearly one year past its initial expected reopening.

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