Latest News Continued
Friday, 29 June 2012
29 June 2012

Pro-passenger rail voices lament transport bill

Pro-passenger rail and environmental groups Friday lamented the House-Senate compromise on federal transportation funding, citing various examples of punishment or disincentives levied against the mode.

Friday, 29 June 2012
29 June 2012

Wabtec lands Denver component contract

Wabtec Corp. Friday said it has signed contracts worth about $25 million to provide components, including on-board Positive Train Control (PTC) equipment, for 50 new transit cars being built by Hyundai-Rotem for Denver's Regional Transit District (RTD).

Friday, 29 June 2012
29 June 2012

Waterloo council makes “add-on” LRT order

Officials from Ontario's Waterloo-Kitchener-Cambridge metropolitan area, southwest of Toronto, say they will place an add-on order with Bombardier Transportation for 14 light rail transit (LRT) vehicles to facilitate the region's plans for LRT.

Friday, 29 June 2012
29 June 2012

Hunter Harrison named CP President, CEO

Canadian Pacific Friday officially made its long-anticipated move of appointing E. Hunter Harrison president and chief executive officer, completing a significant revision of CP leadership through its revamped board of directors.

Thursday, 28 June 2012
28 June 2012

North American carload freight volume rallies

Freight carload volume gained ground in Canada, Mexico, and the U.S. during the week ending June 23, 2012, measured against the comparable week a year ago, the Association of American Railroads reported Thursday.

Thursday, 28 June 2012
28 June 2012

Case against coal heats up—again

A ruling by the U. S. Court of Appeals for the District of Columbia has cast new doubt on the future of coal as a source of electricity it for Americans—and a major revenue provider for American railroads.

Thursday, 28 June 2012
28 June 2012

Greenbrier reports record quarterly revenue

Greenbrier reported Thursday that revenue for its third fiscal quarter reached a record $507.8 million, up 11% from $458.2 million in the second quarter and up 60% from $317.3 million in the prior year's third quarter.

Thursday, 28 June 2012
28 June 2012

Jim Schultz joins Patriot Rail as EVP

Patriot Rail President and CEO John Fenton has announced the appointment of James T. Schultz, former vice president & chief safety officer at CSX, as executive vice president & chief administrative officer.

Wednesday, 27 June 2012
27 June 2012

Bombardier Sustainability Awards go to GE, SKF

Bombardier Transportation has presented its Transportation Sustainability Awards to SKF Group and General Electric Co., "recognizing accomplishments in the field of sustainable development and emphasizing the strong strategic importance of a responsible supply chain as part of the ...
Wednesday, 27 June 2012
27 June 2012

Grant aids Port of Corpus Christi rail project

The Port of Corpus Christi Authority (POCCA) has received a $10 million federal grant toward its Nueces River Rail Yard Expansion project. The grant comes from the Transportation Investment Generating Economic Recovery (TIGER) program of the United States Department of Transportation.

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