Latest News Continued
Amidst ongoing light rail transit expansion plans in Minnesota's Twin Cities, Minneapolis also is advancing a prospective route of a different flavor: a 3.4-mile, $230 million initial streetcar line on Nicollet Avenue. In response, the Public Works, Energy and Environment Committee of Hennep ...

The state of Illinois said Monday, Aug. 4, 2014 it and Iowa Interstate Railroad (IAIS) had reached a "key milestone" in developing intercity passenger rail service linking Chicago and the Quad-Cities of Moline and East Moline, Ill., and Davenport and Bettendorf, Iowa.

North American intermodal rail volume continues to notch gains across the board, the Intermodal Association of North America (IANA) reported in its Intermodal Market Trends & Statistics report.

Testing began Monday, Aug. 4, 2014, on the District of Columbia's first modern streetcar line, running along H Street and Benning Road in the city's Northeast.

A California appeals court has ruled that the California High-Speed Rail Authority (CHSRA) can proceed with up to $8 billion in state bond sales for the proposed $68 billion system proposed to span the Golden State.

Now available from the Association of American Railroads is the latest edition of Railroad Ten-Year Trends, which contains a variety of railroad-related data for the years 2003-2012. More than 60 pages of the publication also have preliminary data for 2013.
Morristown, N.J.-based Louis Berger, as part of the Consorcio PML2, has signed a five-year, $32 million contract to oversee construction of the Panama City Metro Line 2, Central America’s first rapid transit system.
Keolis, a provider of passenger transportation services throughout the U.S. and Canada, will be a major sponsor of the 2015 World Police & Fire Games, in which an estimated 12,000 first responders from around the world will compete in mor ...
Based largely on an increase in demand for its tank cars and hopper cars, American Railcar Industries, Inc. (ARI) on July 30, 2014 reported record earnings and revenues for second-quarter 2014.
The Surface Transportation Board on July 31, 2014 issued its decision calculating the railroad industry’s after-tax cost of capital for 2013 as 11.32%, a slight increase over 2012’s 11.12%. The cost-of-capital figure represents STB’s estimate of the average rate of return needed to persua ...
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