Latest News Continued
Wednesday, 25 April 2012
25 April 2012

Cuomo communications aide joins NYMTA

Stephen J. Morello, who has served for the past year as deputy director of communications in the office of New York Governor Andrew M. Cuomo, is joining the Metropolitan Transportation Authority as director of communications, government relations, and community affairs divisions of the MTA and it ...
Wednesday, 25 April 2012
25 April 2012

Land of Lincoln lauds Lincoln’s land link

Illinois Governor Pat Quinn and the Illinois General Assembly have proclaimed July 1, 2012, as “Union Pacific Railroad Day” in Illinois to honor UP during its year-long 150th anniversary celebration.

Wednesday, 25 April 2012
25 April 2012

NS recognizes 45 chemical customers for safety

Forty-five Norfolk Southern chemical customers have earned the railroad’s Thoroughbred Chemical Safety Award for their safe handling of chemical products in 2011.

Wednesday, 25 April 2012
25 April 2012

Hoback accepts Regional Railroad of the Year award

Indiana Rail Road Company (INRD) President and Chief Executive Officer Tom Hoback accepted Railway Age’s 2012 “Regional Railroad of the Year” award at the American Short Line and Regional Railroad Association’s national convention in Indianapolis April 24.

Tuesday, 24 April 2012
24 April 2012

NS: “Another record-breaking quarter”

Norfolk Southern late Tuesday reported net income of $410 million ($1.23 per 
diluted share), up 26% from the first quarter of 2011. This included 
 a $58 million non-cash charge that reduced net income by $36
 million, or $0.10 per diluted share.



Tuesday, 24 April 2012
24 April 2012

GE Transportation launches new product line

GE Transportation has launched a new a new portfolio of rail signaling and train control systems called Tempo Railway Solutions. Among Tempo’s offerings are ETCS (European Train Control System) technology and a Computer Based Interlocking system, both of which were introduced today at the UIC E ...
Tuesday, 24 April 2012
24 April 2012

Wabtec: Record 1Q sales, strong backlog

Wabtec Corp. on Tuesday reported record results for the 2012 first quarter. Sales were a best-ever $583 million, 28% higher than the year-ago quarter, due to strength in the Freight Group.

Tuesday, 24 April 2012
24 April 2012

KCS: Record 1Q revenue, operating ratio

Kansas City Southern has reported record first-quarter 2012 revenue of $548 million with carloads up 7% from first-quarter 2011.

Monday, 23 April 2012
23 April 2012

CN revises outlook upward after strong quarter

CN late Monday, April 23, posted strong first quarter results, prompting the railroad to revise its outlook for the year upward.

Monday, 23 April 2012
23 April 2012

CP: Pershing Square has “no plan and no ideas”

Following Canadian Pacific’s favorable first-quarter 2012 earnings report last week, Pershing Square Capital Management stepped up its attack on CP President and CEO Fred Green (pictured) and his management team with a strongly worded letter to shareholders that some industry observers are call ...
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