Latest News Continued
J.B. Hunt Transport Services, Inc., has announced record second-quarter 2011 net earnings of $65.7 million, and a solid performance by its Intermodal segment gets much of the credit. Total operating revenue was $1.15 billion, compared with $943 million for the second quarter of 2010. The ...
Phoenix’s Valley Metro said Thursday it has received a Finding of No Significant Impact (FONSI) from the Federal Transit Administration for the 3.1-mile Central Mesa light rail transit extension. FTA’s approval follows the submittal of the project’s Environmental Assessment, re ...
RailAmerica, Inc., which operates 43 short line and regional railroads in 27 U.S. states and three Canadian provinces, reports that it achieved double-digit revenue growth in this year’s first quarter, although freight carloads failed to meet projections. ...
Ottawa’s City Council Thursday unanimously approved a revised C$2.1 billion light rail transit plan for a 12.5-kilometer (7.7-mile) route between Tunney's Pasture and Blair Road via a downtown tunnel along Queen Street. The revised plan focused on keeping the project cost at C$2.1 b ...

TheBoard of Directors also approved a 12 cents per share quarterly dividend on thecompany’s common stock. The dividend is payable on Sept. 15, 2011, toshareholders of record at the close of business on Aug. 31, 2011.

 

--> CSX Corp. says it will increase its capital investment for 2011 to $2.2 billion, up from the previously announced $2 billion. ...
U.S. freight carload traffic fell 3.2% in the week ending July 9, measured against the comparable week in 2010, the Association of American Railroads said Thursday. U.S. intermodal volume also fell, though a more modest 0.2%, for the week. ...
As Railroad Day on Capitol Hill unfolded Thursday, business and labor leaders, government officials, and rail industry employees representing more than 350,000 American workers from around the country canvassed Capitol Hill in support of policies that enable the freight rail industry to creat ...
Transportation Secretary Ray LaHood is scheduled to attend a groundbreaking ceremony next Monday, July 18, in Orlando to initiate construction of central Florida’s SunRail commuter train project. ...
This summer’s proposal by Rep. John Mica (R-Fla.) to privatize Amtrak would violate the Takings Clause of the U.S. Constitution, the nonpartisan Congressional Research Service says. Though Mica’s proposal has seemed unlikely to gain traction in Congress this year, particul ...

Seattle Transit Blog reports ridership on the 1.3-mile Seattle South Lake Union Streetcar (SLUS) continues to grow, despite criticism that the initial segment is too short and was doomed to struggle. The blog says ridership so far this month (July 1 through 9) has topped 3,000 per weekday.

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