Latest News Continued
Vale, the Brazilian multinational mining corporation, has selected Miner Enterprises, Inc. to supply AggreGate® ballast systems on ballast hoppers built by Brazilian railcar manufacturer Amsted-Maxion Fundacao e Equipamentos Ferroviarios Ltda. ...
Transit new-starts funding got a strong boost when the Senate Appropriations Committee approved its version of the FY 2010 Transportation, Housing and Urban Development (THUD) Appropriations bill as Congress prepared to close down for its August recess. The bill provides more than $ ...
MTA Metro-North Railroad has awarded a $7.9 million contract to Progress Rail Services of East Chicago, Ind., to overhaul six 3,000-hp F40PH locomotives in use on its West of Hudson service. The overhaul will include new, larger fuel tanks for more efficient operations, and will help improve train o ...
Venezuela and the China Railway Engineering Co  announced Monday that they have formed a joint venture to build a $7.9-billion railroad between the states of Cojedes and Anzoategui. Venezuela has a 60% stake in the joint venture. The line is expected to be completed in  2011. ...
Southern California Regional Rail Authority (Metrolink) has awarded a three-year, $20 million contract to RailPros, Inc. for on-call project management, construction management, and staff augmentation ...
Kansas City Southern has successfully completed a new common stock issue, selling 4,330,208 shares at an average price of $17.32 per share or a total of $75 million. The issue was sold under a previously announced ATM Equity OfferingSM Sales Agreement w ...
The Federal Railroad Administration released preliminary railroad safety statistics for the first five months of 2009 on Friday, and they showed strong improvement across the board.A total of 4,164 accidents/incidents were reported in the January-May period, down 29.5% from the correspon ...
The U.S. House Judiciary Subcommittee on Courts and Competition Policy on Thursday approved H.R. 233, the Railroad Antitrust Enforcement Act of 2009.The bill  awaits consideration by the full Committee after  the August recess of Congress.In the Senate, Commerce Com ...
With an international corps of reporters aboard, Russia’s new, Siemens Transportation Systems-built high speed train, the EVS1 Sapsan (Russian for Peregrine Falcon), made a demonstration run between Moscow and St. Petersburg Thursday at a top speed of 155 mph. ...
IBM announced Friday that it has signed a new five-year information technology (IT) agreement with Amtrak to provide data center services including mainframe, mid-range server, security services, asset management and desktop support services for 10,000 workstations nationwide. The contr ...
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