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Erie, Pa.-based GE Transportation on Friday reported $1.5 billion in fourth-quarter 2011 revenue, up 43% year-over-year. Revenue for the full year 2011 was $4.9 billion, up 45% compared with fiscal…
Amtrak reportedly hopes to begin passenger rail service to Norfolk, Va., along the south side of the James River, by the end of the year.
The 1.7-mile Central Subway sought by San Francisco has received a “letter of non-prejudice” from the U.S. Department of Transportation, San Francisco Mayor Ed Lee says. The move clears the…
Kansas City Southern President and Chief Executive Officer David L. Starling, Railway Age’s 2012 Railroader of the Year, talks about his career path, his international experience, and KCS’s recent achievements and…
U.S. freight carload traffic rose 5.5% for the week ending Jan. 14 compared with the second week of 2011, the Association of American Railroads said Thursday. U.S. intermodal volume also…
GATX Corp. Thursday reported higher railcar lease prices and continued high utilization as it released results for fourth-quarter 2011 and the full calendar year.
Union Pacific announced Thursday that it earned 2011 fourth-quarter net income of $964 million, or $1.99 per diluted share, compared with $775 million, or $1.56 per diluted share, in fourth-quarter…
New York MTA Capital Construction (MTACC) says a study conducted by Parsons Brinckerhoff and reviewed by the U.S. Environmental Protection Agency found "no concerns that Second Avenue Subway construction is…
Canadian Pacific Railway said Thursday it has reached agreement with Canadian Tire Corp. Ltd., which extends to early 2017 and awards the railway with the vast majority of Canadian Tire's…
Canadian Pacfic on Thursday highlighted completed capital investments made to enhance its Locomotive Reliability Centre (LRC) in Toronto.
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