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Canadian National has announced a new rail interchange service with CSX Transportation (CSX) over the Chicago gateway. Prior to this agreement, CN and CSX exchanged containers in Chicago only by truck.

In a sign of growing financial strength, Kansas City Southern's board of directors has decided to initiate a quarterly cash dividend for holders of its common stock.

The California High-Speed Rail Authority Monday is expected to offer an updated estimate for construction and financing of a statewide high speed rail network. Cost estimates, which began at about $44 billion for 700 miles of right-of-way, had escalated to nearly $100 billion.

Granite Construction Inc. announced late Thursday that it and RailWorks Track Systems have been awarded a a $56 million contract by Tucson, Ariz., to build the city's 3.9-mile streetcar project. The two companies have formed a joint venture, Old Pueblo Trackworks, to perform the work.

MTA Long Island Rail Road long has had plans to provide diesel multiple-unit (DMU) service to its riders on both the North Fork and South Fork of the railroad's namesake territory. Those plans now have capital funding identified.

Bombardier Transportation said Friday it will deliver 16 TWINDEXX Vario multiple units to Deutsche Bahn AG (DB AG) for operation on the Kiel-Hamburg and Flensburg-Hamburg railway lines.

Unable to craft its own long-term surface transportation bill, and equally unable to agree to a Senate version already passed by the upper house, the House of Representatives Thursday managed to approve yet another extension of SAFETEA-LU, this one for 90 days.

Railway Age sister publication Railway Track & Structures launched a redesign with its March 2012 issue. The new look is designed to better reflect the progression and energy of the rail industry. RT&S has been redesigned to be more contemporary and easier to re ...

U.S. freight carload traffic for the week ending March 24, 2012 fell significantly, down 7.2%, measured against the comparable week in 2011, the Association of American Railroads (AAR) said Thursday, continuing a decline that now has run for some time.

The Surface Transportation Board has initiated proposals to encourage more mediation and arbitration for the resolution of issues coming before the Board.

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