Latest News Continued

Florida's Canaveral Port Authority (CPA) has petitioned the Surface Transportation Board for permission to "construct and operate approximately 11 miles of new rail line to Port Canaveral (Port) in Brevard County, Florida."

Trinity Industries, Inc. announced third-quarter earnings of $149.4 million, or 90 cents per diluted share, up 43% from $99.6 billion, or 63 cents per share, in the third quarter of 2013. Trinity reported the news late Tuesday, Oct. 28, 2014, after the close of trading on Wall Street.

Toronto residents on Monday, Oct. 27, 2014 elected John Tory as the 65th mayor of Canada's largest city, generating cautious optimism among rail industry observers. Tory, a former business executive, will assume office on Dec. 1, garnering 40% of the vote in a three-way race.

New York's Metropolitan Transportation Authority said Monday, Oct. 27, 2014 that its new Fulton Street Transit Center, serving 11 subway lines and related facilities in lower Manhattan, will open to the public on Nov. 10 at 5:00 a.m.

Wabtec Corp. on Tuesday, Oct. 28, 2014 announced "record results" for its third quarter, led by record earnings per diluted share of 93 cents, up 22% from the comparable quarter in 2013. That handily beat Wall Street's consensus analyst estimate of 89 cents per share.

Amtrak on Oct. 27, 2014 said it posted record ticket revenues for the Fiscal Year 2014 ending Sept. 30, and achieved slight increase in ridership over the prior fiscal year, “reflecting strong continued demand for passenger rail.”
The New York Metropolitan Transportation Authority (MTA) has named National Transportation Safety Board Managing Director David L. Mayer as the agency’s new Chief Safety Officer.
The Western Coal Traffic League (WCTL) has petitioned the Surface Transportation Board to "require BNSF Railway Company (BNSF) to submit to the Board a coal-specific service recovery plan, and for the Board to review, approve or revise, and enforce the recovery plan," according to the STB. WCTL s ...
Unveiling a new logo for regional rail service 12 days before Election Day, Connecticut Gov. Dannel P. Malloy and the state Department of Transportation announced capital adjustments to the newly named "Hartford Line," linking the state capital with Springfield, Mass. to the north, and New Haven, ...

U.S. Sen. Charles Schumer (D-N.Y.), joined by Staten Island Borough President James Oddo, is urging the Port Authority of New York & New Jersey (PA) to fund a proposed West Shore Light Rail project.

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