Latest News Continued
Wednesday, 25 July 2012
25 July 2012

CN posts strong earnings, revises outlook upward

Canadian National earned net income of C$631 million in this year's second quarter, or C$1.44 per diluted share, up from C$538 million, or C$1.18 per diluted share, in the second quarter of 2011.

Wednesday, 25 July 2012
25 July 2012

L.B. Foster gets Honolulu rail contract

L.B. Foster Co. said Wednesday it has been awarded the company's largest rail products contract, valued at approximately $60 million, by contractor Kiewit/Kobayashi, a joint venture for the construction of the Honolulu Authority for Rapid Transportation (HART) passenger transit sys ...
Tuesday, 24 July 2012
24 July 2012

With record ROI, NS shaves 2Q operating ratio

For this year's second quarter, Norfolk Southern earned a net income of $524 million that edged 6% below that for the second quarter of 2011, but it also had an impressive string of records to report Tuesday.

Tuesday, 24 July 2012
24 July 2012

Wabtec sets record 2Q earnings and sales

Wabtec Corp. Tuesday said it notched record earnings and sales in its second quarter, as the company increased its earnings guidance for the full year.

Tuesday, 24 July 2012
24 July 2012

Cold Train expands volume, reach, and fleet

Rail Logistics Tuesday said that due to "continued growth," the company's Cold Train service is expanding its Washington State-based refrigerated container fleet to 300 state-of-the-art 53-foot containers (built by Hyundai), and will also be expanding its service territory this year.

Tuesday, 24 July 2012
24 July 2012

Bombardier gets another Manchester LRT order

Bombardier Transportation said Tuesday that it and consortium partner Vossloh Kiepe has signed an option to supply 20 additional Flexity Swift light rail vehicles (LRVs) to Transport for Greater Manchester's (TfGM's) Metrolink system.

Tuesday, 24 July 2012
24 July 2012

2Q railcar orders, deliveries grow, ARCI says

Orders and deliveries of railcars showed strength in the second quarter, according to the Railway Supply Institute's American Railway Car Institute (ARCI) Committee.

Monday, 23 July 2012
23 July 2012

GWI set to acquire RailAmerica, Inc.

Greenwich, Conn.-based Genesee & Wyoming Inc. said Monday it has entered into an agreement to acquire Jacksonville, Fla.-based RailAmerica, Inc. The all-cash acquisition, at $27.50 per share, would amount to roughly $1.4 billion.

Monday, 23 July 2012
23 July 2012

Arlington County streetcar funding outlined

The Arlington County Board in Virginia voted Saturday to spend $2.4 billion during the next decade for numerous infrastructure projects, including investment in its two streetcar lines, each extending from Metrorail's Pentagon City Station.

Friday, 20 July 2012
20 July 2012

Locomotive orders aid GE Transportation 2Q

GE Transportation reported $1.6 billion in second-quarter 2012 revenue, up 27% year-over-year, and a segment profit for the quarter of $282 million, up 58% from $178 million in the second quarter of 2011.

519
Page 519 of 902

Get the latest rail news

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