Latest News Continued
Friday, 13 April 2012
13 April 2012

Bombardier opens Brazil monorail plant

Bombardier Transportation Friday inaugurated a new monorail vehicle manufacturing facility in Hortolândia-São Paulo, Brazil.

Thursday, 12 April 2012
12 April 2012

Wabtec increases 2012 earnings guidance

Wabtec Corporation said April 12 that it expects first-quarter 2012 earnings per diluted share to be about $1.20, and has increased its 2012 full-year EPS guidance to about $4.80, based on anticipated revenue growth of about 12%. Previously, the company’s full-year guidance was for EPS of about ...
Thursday, 12 April 2012
12 April 2012

U.S. carloads fall 7.7%, intermodal up 1.1%: AAR

The Association of American Railroads today reported that rail carload traffic for the week ending April 7, 2012, fell 7.7% compared to the prior-year week, with U.S. railroads originating 270,974 carloads. Intermodal volume for the week totaled 231,153 trailers and containers, up 1.1% compared w ...
Thursday, 12 April 2012
12 April 2012

UP cites safest hazmat shippers

Union Pacific has named 74 companies as annual Pinnacle Award recipients for chemical transportation safety.

Wednesday, 11 April 2012
11 April 2012

Cubic unveils Nextaccount AFC platform

Cubic Transportation Systems has introduced Nextaccount, which it describes as "the first of several new products in Cubic's solution systems portfolio for the next generation of fully integrated Automated Fare Collection (AFC) systems."

Wednesday, 11 April 2012
11 April 2012

NS “Train Your Brain” safety campaign hits Ala ...

Now in its sixth year, Norfolk Southern’s “Train Your Brain” public safety program has reminded more than half a million people “to be smart and alert around highway-rail grade crossings and to avoid trespassing on railroad property,” the railroad notes.

Wednesday, 11 April 2012
11 April 2012

Amid trans-Hudson fuss, Amtrak touts ridership

Amtrak Wednesday said it was on pace to "set another new annual ridership record, as passenger counts across its national network for the first six months of fiscal year 2012 (October 2011-March 2012) are up 3.7% over the same period last year, when the current record was established."

Tuesday, 10 April 2012
10 April 2012

Canadian Pacific proxy battle heats up

The stage has been set for Canadian Pacific’s annual shareholders meeting on May 17, where hedge fund Pershing Square Capital Management will attempt a takeover of CP and replace the railroad’s president, Fred Green, and board of directors with its own candidates.

Tuesday, 10 April 2012
10 April 2012

R.J. Corman partners with Toyota

R.J. Corman Railroad Group says that R.J. Corman Switching Co. has formed a partnership with Toyota to provide railcar switching, vehicle shuttling, vehicle loading, and track maintenance at the new Blue Springs, Miss., Toyota Corolla plant.

Tuesday, 10 April 2012
10 April 2012

RailAmerica completes acquisition

Jacksonville, Fla.-based RailAmerica, Inc. announced that it has completed the acquisition of a 20% interest in the Wellsboro & Corning Railroad and Industrial Waste Group from Myles Group for approximately $18 million.

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