Latest News Continued
Thursday, 10 May 2012
10 May 2012

PTC ruling will save "hundreds of millions&qu ...

Transportation Secretary Ray LaHood announced Thursday major changes to regulations governing the installation of positive train control.

Thursday, 10 May 2012
10 May 2012

NYCT's No. 7 extension gets first rails

MTA New York City Transit announced Thursday that the No. 7 subway extension to Manhattan's West Side, now 65% complete, has just received its first set of rails.

Thursday, 10 May 2012
10 May 2012

Moorman “optimistic” on traffic prospects

Norfolk Southern CEO Wick Moorman told stockholders at the company's 30th annual meeting in Williamsburg, Va., Thursday that he is “confident, optimistic, and enthusiastic about our future business prospects.”

Thursday, 10 May 2012
10 May 2012

U.S. freight trends continue, both up and down

In line with much of 2012, U.S. freight carload traffic for the week ending May 5, 2012 failed to keep pace with 2011 levels, down 2% measured against the comparable week last year, the Association of American Railroads said Thursday. In contrast, U.S. intermodal continued its sustained improveme ...
The American Short Line & Regional Railroad Association has named Tyrone James, vice president of Safety & Compliance at Genesee & Wyoming, as the winner of this year's Safety Professional of the Year Award. ASLRRA also announced that Aaron Willet, superintendent of Operations at ...
Wednesday, 09 May 2012
09 May 2012

Investment firm acquires Patriot Rail Corp.

San Francisco-based SteelRiver Infrastructure Partners, an independent investment management firm, said Tuesday it will acquire 100% of the capital stock of Patriot Rail Corp. The firm will make the purchase through its dedicated infrastructure investment vehicle, SteelRiver Infrastructure Fund N ...
Wednesday, 09 May 2012
09 May 2012

RailComm aids NECR bridge operation

Fairport, N.Y.-based RailComm said Wednesday it has provided remote control for a New England Central Railroad bridge.

In conjunction with bestowing the Harriman Awards for corporate rail safety on Tuesday in Washington, D.C., industry leaders also took time to honor individual employees notching significant safety achievements, who were honored with the 2011 Harold F. Hammond Award. Receiving recognition fo ...
Wednesday, 09 May 2012
09 May 2012

Schneider National extends BNSF Railway pact

Green Bay, Wis.-based Schneider National, Inc., on Wednesday said it has signed a new, multiyear agreement with BNSF, under which the Class I railroad will continue to serve as one of Schneider's primary rail providers.

Wednesday, 09 May 2012
09 May 2012

MTA East Side Access deadline slips again

Confirming what many have suspected, New York Metropolitan Transportation Authority Chairman Joseph Lhota on Tuesday acknowledged that the agency's East Side Access Project likely would not be completed until 2019, due to unexpected construction difficulties.

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