Wabtec Corp. Wednesday morning reported net income from operations of $104 million, or earnings of $1.44 per diluted share, for the first quarter of 2013, up 18% from the same quarter in 2012 and a record.
The general manager of New Orleans' Regional Transit Authority Tuesday set forth a proposal for expanding the Crescent City's venerable streetcar system, though funding for such work was not identified.
The Federal Transit Administration has given its environmental approval for Detroit to construct an initial 3.3-mile streetcar line along Woodward Avenue from downtown Detroit to the New Center area.
Kansas City officials say they'll seek streetcar rolling stock through options already held by Cincinnati or Salt Lake City, which are advancing their own streetcar lines.
CN Monday reported first-quarter net income of C$555 million, or C$1.30 per diluted share, down from net income of C$775 million, or C$1.75 per diluted share, in the first-quarter of 2012.