Latest News Continued
Friday, 28 October 2011
28 October 2011

Amtrak readies NEC bridge replacement

Continuing to upgrade and replace bridges in Connecticut on its Northeast Corridor, Amtrak is preparing to replace two bridge spans in Stonington, Conn, and will suspend passenger service from 4:00 p.m. Saturday, Nov. 5, though noon Sunday, Nov. 6.  

Thursday, 27 October 2011
27 October 2011

11 charged in LIRR disability fraud case

U.S. prosecutors Thursday charged 11 people, including former Long Island Rail Road employees, with an alleged $1 billion fraud involving hundreds of railroad workers filing false disability claims. The fraud reportedly also involved doctors, who assisted LIRR employees filing disabi ...
Thursday, 27 October 2011
27 October 2011

Bombardier wins Switzerland's Tell Award

Bombardier announced Thursday that it has received the Tell Award for the most significant technology project in Switzerland in recognition of its development for the company’s TWINDEXX Swiss Express intercity trains and its MITRAC propulsion and control system. The award is named for the f ...
Thursday, 27 October 2011
27 October 2011

GWI

The Association of American Railroads Wednesday awarded its 2011 Professional Environmental Excellence Award to Genesee & Wyoming (GWI) Vice President for Motive Power David Powell. ...
Thursday, 27 October 2011
27 October 2011

American Railcar backlog at three-year high

American Railcar Industries reported Wednesday that its backlog swelled to approximately 7,110 cars as of Sept. 30, the largest since June 2008. The backlog includes approximately 1,700 cars for lease. The company had a backlog of approximately 1,050 cars on Dec. 31, 2010. Third-quarter 2011 shipmen ...
Wednesday, 26 October 2011
26 October 2011

NS: Record earnings, operating ratio at 67.5%

Norfolk Southern Corp. late Wednesday announced record third-quarter net income of $554 million, up 24% compared with the same period of 2010. Diluted earnings per share were a record $1.59, up 14%.  ...
Wednesday, 26 October 2011
26 October 2011

RailAmerica revenue and earnings rise

RailAmerica, Inc. third-quarter revenue increased 7% to $104.7 million with average revenue per car up 14% and carloads down 6%, the company announced Tuesday. Non-freight revenue increased 14% to $35.0 million. ...
Wednesday, 26 October 2011
26 October 2011

Trinity backlog grows to $2.4 billion

Trinity Industries, Inc. has reported third-quarter net income of $31.9 million, compared with $39.7 million for the same quarter of 2010. Revenue for the third quarter was $796.8 million compared with $540.0 million for the prior-year period. The company reported an operating profit of $105.4 milli ...
Wednesday, 26 October 2011
26 October 2011

NYC ponders subway line into New Jersey

A $250,000 study by Parsons Brinckerhoff, due to be publicly released soon, is expected to endorse a proposal to extend New York City Transit’s No. 7 subway line under the Hudson River to Secaucus, N.J. The proposal, strongly backed by Mayor Michael Bloomberg, is becoming a risi ...
Wednesday, 26 October 2011
26 October 2011

CN 3Q earnings rise, beat Street

Canadian National late Tuesday reported earnings of C$621 million, or C$1.38 a diluted share, for the third quarter, up 12% from the comparable quarter in 2010 and beating Wall Street analyst expectations of C$1.32 a share. Sales of C$2.3 billion were up 9% from a year ago, CN said. ...
597
Page 597 of 902

Get the latest rail news

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