Latest News Continued
Wednesday, 19 December 2012
19 December 2012

Twin Cities suburb OKs LRT route option

Golden Valley, Minn.'s City Council, reversing an earlier stance, has narrowly given approval for a proposed light rail transit route linking Brooklyn Park, Minn., and Minneapolis. The vote was 3-to-2.
Wednesday, 19 December 2012
19 December 2012

LACMTA addresses LRT track gauge flaw

Los Angeles County Metropolitan Transportation Authority plans to repair a flawed junction where its Blue Line and Expo Line light rail transit routes converge.

Wednesday, 19 December 2012
19 December 2012

MTA chairman expected to relinquish post

Joseph J. Lhota, the chairman of the New York Metropolitan Transportation Authority, will be stepping down from his position on Friday, Dec. 22, according to a report in today’s New York Times. He is expected to pursue a candidacy for New York City mayor as a Republican.
Wednesday, 19 December 2012
19 December 2012

Greenbrier plus ARI: Let the games begin

The Greenbrier Companies, one of only a handful of remaining domestic railcar manufacturing companies, late yesterday said that Carl Icahn’s current attempt to have American Railcar Industries (ARI), of which he is majority shareholder, acquire Greenbrier (in which he also has a stake) “gro ...
Tuesday, 18 December 2012
18 December 2012

PATH again links Hoboken and Manhattan

After nearly two months of extensive round-the-clock repair efforts following Hurricane Sandy, PATH (Port Authority Trans-Hudson) rapid transit trains are resuming service between Hoboken Terminal in New Jersey and the 33rd Street station in Manhattan. Trains were scheduled to start rolling at ...
Tuesday, 18 December 2012
18 December 2012

Employment up year-over-year, past month

Figures released by the Surface Transportation Board show Class I railroads employed 162,766 people in mid-November, up 1.65% from November 2011, and up 0.20% from October 2012.
Tuesday, 18 December 2012
18 December 2012

ARI offers to buy rival Greenbrier Cos.

American Railcar Industries Inc., controlled by well-known investor Carl Icahn, has offered to buy Lake Oswego, Ore.-based The Greenbrier Cos. Inc. for about $543 million.
Tuesday, 18 December 2012
18 December 2012

NTSB issues first report on NJ bridge incident

The National Transportation Safety Board on Monday released its preliminary report on the Paulsboro, N.J. train derailment Nov. 30, but the initial release does not identify the cause of the accident.

Monday, 17 December 2012
17 December 2012

BNSF CEO sees record 2013 capex

BNSF Railway CEO Matt Rose says his railroad set a company record for capital investment in 2012, but expects to exceed that level in the coming year. BNSF has yet to release a specific figure for 2013.
Monday, 17 December 2012
17 December 2012

Florida’s capital yearns for Sunset Limited

Tallahassee, Fla., is urging Amtrak to restore passenger rail service to the state capital.

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