Latest News Continued

The winning streak continued for all U.S. rail freight traffic during the week ending April 12, 2014, measured against the comparable week in 2013, the Association of American Railroads reported Thursday, April 17.

Union Pacific on April 17, 2014 reported 2014 first quarter net income of $1.1 billion, or $2.38 per diluted share, compared to $957 million, or $2.03 per diluted share, in first-quarter 2013, a 17% improvement. Operating revenues totaled $5.6 billion, up 7% ...
Kansas City Southern reported net income in its 2014 first quarter of $94 million, or 85 cents per diluted share, slipping from $104 million, or 94 cents per diluted share, in the first quarter of 2013. But excluding the impacts of lease termination costs, foreign exchange rate fluctuations, and ...

DART's first light rail transit consist operated over five new miles of the Orange Line Wednesday, April 16, 2014, testing the extension for future service to and from Dallas/Fort Worth International Airport.

Atlanta's initial modern streetcar line will open this year, though perhaps not until late December, according to Mayor Kasim Reed.

A study by HNTB Corp. for regional transit organizations and mayors in Louisiana says that a new passenger train service linking New Orleans and Baton Rouge on existing freight trackage, with intermediate stops and beginning as twice-daily trips ...

Los Angeles County Metropolitan Transportation Authority (LACMTA) analysts are recommending two contractors be selected to construct the Downtown Regional Connector, improving connections among LA's subway and light rail lines.

CSX Corp. announced late Tuesday, April 15, 2014 first-quarter net earnings of $398 million, or 40 cents per share, down from $462 million, or 45 cents per share, in the same quarter of 2013. But that still beat Wall Street analyst consensus estimates of 38 cents per share.

VIA Metropolitan Transit officials in San Antonio, Tex., on Tuesday, April 15, 2014, welcomed a judicial ruling that any appeal of a decision to use bonds to build a new multimodal station, to be used by streetcars among other modes, must pay nearly $4 million.

The Greater Cleveland Regional Transit Authority (GCRTA) has selected Protran Technology’s Protracker System for roadway worker protection.
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