Latest News Continued
Greenwich, Conn.-based Genesee & Wyoming Inc. announced Wednesday that subsidiary Genesee & Wyoming Australia Pty Ltd. (GWA) purchased an intermodal and freight terminal in Alice Springs, Northern Territory, from Asciano Services Pty Ltd. (AIO). As part of the transaction GWA is selling A ...
In train operations, the railroads continue to post impressive safety gains. This year's first five months, according to preliminary counts released Tuesday by the Federal Railroad Administration, saw declines of 33.3% in collision, to 46 from 69; 22.8% in derailments, to 484 from 627; and 19.0% ...

The Port Authority of New York & New Jersey reported July 31 that ExpressRail, its rail system serving New York and New Jersey marine terminals, reported a record 10% increase in cargo transported during the first half of 2012.

Economic Planning Associates, noting that demand for certain freight car types has weakened, has released figures reducing its forecast for 2012 by approximately 3,000 units. EPA said deliveries will rebound beginning in 2014.

Operation Lifesaver has taken note that deaths and injuries from crossing crashes and pedestrian-train incidents rose in the first four months of 2012 compared to the same period in 2011.

Ansaldo Honolulu Joint Venture has awarded the Rail Electrification business unit of Siemens Infrastructure & Cities Sector (which also includes Siemens Mobility) a contract to provide the electrification for Honolulu’s under-construction rail rapid transit system.

The Wall Street Journal has named Union Pacific Chief Financial Officer Rob Knight to its “Best CFOs of 2012 List.” Knight, CFO since 2004, is the only transportation sector CFO to make the list.

Wallenius Wilhelmsen Logistics Vehicle Services Americas Inc. (WWL), the primary North American logistics provider for Nissan vehicles, named Union Pacific and its Automotive group its 2011 Provider of the Year. The award evaluates railroad, truck, and short-sea companies to determine the best ov ...

CIT Group Inc. announced Monday, July 30, that railcar lessor CIT Rail has ordered an additional 3,000 tank cars from multiple manufacturers. Deliveries are to begin in 2014.

Union Pacific has been named one of the 2012 Best Employers for Healthy Lifestyles, the only railroad to receive the award offered annually by the National Business Group on Health (NBGH). UP has received this honor each year since the award's inception in 2005.

498
Page 498 of 883

Get the latest rail news

Rail news and analysis from Railway Age, IRJ and RT&S by email