Latest News Continued
There are unanswered questions about regulatory changes and a shrinking operating lessor pool. As readers of this column already know, the rail industry has enjoyed more than 30 years of seemingly limitless financing of its equipment needs by banks, insurance companies, and operating lessors.
12 December 2011

U.S. HSR: Ready or not?

Optimists insist the U.S. is finally poised to join the world’s “true” high speed rail club. Skeptics say a hostile Congress could make that advance more difficult. Both may be right.
Norfolk Southern produces another champion! One of the best ways to describe Norfolk Southern is to state that it operates like a well-oiled machine—efficiently, quietly, safely (that’s an understatement), without a whole lot of fanfare.

Canadian National and the Teamsters Canada Rail Conference have reached a tentative agreement to renew the labor contract for approximately 1,800 CN locomotive engineers in Canada.

McKinney Avenue Transit Authority in Dallas is set to celebrate the debut of a streetcar turntable Thursday, Dec. 15, complete with holiday lights coordinated to dazzle viewers when the turntable itself is in use. 

House Rep. Adam Smith (D-Wash.) on Thursday introduced legislation aimed at funding “the nation’s oversubscribed and underfinanced freight infrastructure network.”

Joint venture group Skanska-Shimmick-Herzog was awarded a $772 million contract Thursday by the Santa Clara Valley Transportation Authority (VTA) board of directors to extend BART 10 miles south, into Santa Clara County.

Chicago-based Veolia Transportation said Thursday it would lead an ongoing study on engineer distraction conducted at the Volpe Institute of Transportation Studies in Massachusetts. Veolia’s George Elsmore will spearhead the effort, joined by Dr. Raja Parasuraman, a professor of psychology at ...
U.S. public transportation trips increased 2.0% in the third quarter compared with the third quarter of 2010, the American Public Transportation Association said Thursday—an increase of 52 million transit trips. The gains occurred in all public transport modes, with light rail transit leading t ...

U.S. freight carload traffic rose 2.8% for the week ending Dec. 3, 2011, measured against the comparable week in 2010, the Association of American Railroads said Thursday. U.S. intermodal volume also did well, up 3.5% for the week compared with the same week one year ago.

Page 574 of 894

Get the latest rail news

Rail news and analysis from Railway Age, IRJ and RT&S by email