Latest News Continued
A multibillion-dollar antitrust suit alleging that four Class I railroads conspired to impose a uniform fuel surcharge on shippers will reach a crucial point on May 3, when a federal appeals court in Washington considers whether the case can proceed as a class action, Reuters reported today. ...
In its current quarterly freight car building forecast, Economic Planning Associates, Inc., says that, except for the booming tank car market, 2013, “in spite of continued [high capital] investments by the railroads, will be a difficult year for carbuilders. Most other car types will see mode ...
David Ragan, driving the no. 34 CSX “Play It Safe” Ford Fusion, lined up 20th for the April 27th NASCAR Sprint Cup Series Toyota Owners 400 at Richmond International Raceway night race, the hood of his racecar freshly covered in signatures of fans who promised to be safe around railroad tra ...
President Obama has nominated Charlotte, N.C., Mayor Anthony Foxx as the next U.S. Secretary of Transportation, to succeed Ray LaHood.

Fairport, N.Y.-based RailComm said Friday it has provided a yard control system, as well as remote control blue flag protection, to a yard in Alliance, Neb.

MTA New York City Transit Thursday officially established 30 subway stations on Manhattan's West Side as accessible to Wi-Fi needs. MTA officials were joined by executives from four companies in making the announcement at the Times Square subway stop: AT&T, Boingo Wireless, Transit Wireless, ...
Restating Oregon's official position even as the state commits to brinksmanship, Oregon Gov. John Kitzhaber's office continues to insist the proposed $3.4 billion bistate Columbia River Crossing will die if Washington state tries to remove the light rail transit portion from the bridge project, a ...
GATX Corp. Thursday reported first-quarter net income of $27.1 million, or 57 cents per diluted share, down from $30.3 million, or 64 cents per diluted share, in the first quarter of 2012. Results fell short of Wall Street analyst expectations. Revenue of about $272 million was in line with ...

Down for freight carload traffic, up for intermodal: That once more describes U.S. freight rail volume, this time for the week ending April 20, 2013, according to the latest report by the Association of American Railroads.

American Railcar Industries late Wednesday reported first-quarter net earnings of $17.9 million for its first quarter ended March 31, up a substantial 49% from the prior-year quarter, mostly on strong tank car sales. But earnings of 84 cents per share disappointed Wall Street, where consensus ana ...
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