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Norfolk Southern Tuesday afternoon reported net income of $402 million, or $1.24 per diluted share, down 27% compared with $554 million, or $1.59 per diluted share, in the third quarter…
Caterpillar, the parent company of Progress Rail Services, of which Electro-Motive Diesel is a subsidiary, showcased a new EMD SD70ACe locomotive decked out in familiar yet new-for EMD colors—Caterpillar’s distinctive…
Chicago-based Iowa Pacific Holdings, LLC Tuesday announced its acquisition of a controlling interest in Cape Rail, Inc., and its subsidiaries, Massachusetts Coastal Railroad, LLC and Cape Cod Central Railroad.
CSX Chairman, President, and Chief Executive Officer Michael J. Ward Tuesday joined federal, state, and local officials from Pennsylvania to mark the midway point of progress on the first phase…
Australian railroad QR National Ltd. (QRN) has appointed two new senior executives to the company's management team, both with extensive experience in the North American railway industry.
The Hub Group, Inc. Monday reported that its third-quarter intermodal revenue climbed 11% $444 million compared with the same period one year ago. Intermodal volume increased 9%.
Canadian National Monday afternoon reported third-quarter net income of C$664 million (US$669 million), or C$1.52 per diluted share, up modestly from C$659 million, or C$1.46 per diluted share, in the…
Steam locomotive No. 844 is on the final leg of the UP 150 Express tour to Houston's Amtrak Station for the October 26-28 commemoration to President Abraham Lincoln's signing of the Act…
Streetcar tests are slated to start this winter in Washington, D.C.'s Southeast, specifically in Anacostia along S. Capitol Street, according to the District Department of Transportation (DDOT). But a revenue…
Figures released by the Surface Transportation Board Friday show Class I railroads employed 160,428 people in mid-September, up a modest 0.12% from September 2011, but down 1.39% (95 employees) from…
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