Latest News Continued
Light rail transit ridership maintained its strong U.S. growth trend in the second quarter of 2012, the American Public Transportation Association (APTA) said Tuesday. LRT ridershp rose 4.3% during the…
Bombardier Transportation Tuesday said it has signed contracts with Madrid-based Patentes Talgo SA to develop and supply components for 36 very high speed trains for Saudi Arabia.
The Federal Railroad Administration Monday announced its intent to release $74.8 million for 11 miles of a third track for use by Virginia Rail Express (VRE), CSX, and Amtrak in northern…
How bullish is the marketplace still on the continued growth of intermodal traffic in North America ? How will growing cargoes through Canadian and Mexican ports reshape the transportation picture?
Canadian Pacific Monday said it has launched new faster intermodal train services connecting Vancouver, British Columbia, to Toronto or Chicago.
September 17, 2012

InnoTrans 2012 set to open

On Tuesday, Sept. 18, InnoTrans 2012 opens in Berlin, and over a period of four days, a record 2,515 exhibitors from 49 countries will be presenting their railway products and…
The Surface Transportation Board announced Friday that it had determined the railroad industry's after-tax cost of capital for 2011 to be 11.57%, compared with 11.03% for the prior year.
New York's Metropolitan Transportation Authority (MTA) said controlled blasting resumed on the Second Avenue Subway Friday, following an intensive investigation into the cause of an Aug. 21 incident below 72nd…
Genesee & Wyoming Inc (GWR) announced Friday that it has priced its previously announced offering of 3,500,000 shares of Class A common Stock—including 233,966 shares held by its board chairman—at $64.75 per share,…
Minnesota Gov. Mark Dayton Thursday approved $2 million in grant funding for the proposed Southwest Light Rail project, which would link downtown Minneapolis with Eden Prairie, Minn.
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