Latest News Continued
Electro-Motive Diesel, Inc. (EMD) said Wednesday it and Rail Systems, Inc. have reached an agreement to dissolve their distributor relationship for rail parts. Rail Systems has served as an EMD distributor since 1993. ...
Norfolk Southern late Wednesday reported earnings of $325 million, or 90 cents per diluted share, up 26% from the $257 million, or 68 cents per share, reported in the first quarter of 2010. Revenue rose 17% to $2.6 billion. The company thus beat Wall Street analyst earnings estimates of 89 cents a s ...
The California Department of Transportation (Caltrans) will receive a $100 million grant from the Federal Railroad Administration to purchase domestically manufactured rail passenger cars and locomotives for the Pacific Surfliner and San Joaquin routes, used by state-assisted Amtrak tr ...
In a white paper published Tuesday entitled “Rail Supply Innovation and Buy America Requirements,” the Railway Supply Institute recommended three sweeping changes to current U.S. Buy-America provisions and funding for transit, high speed rail, and intercity passenger rail that will ensur ...
Bombardier Transportation said Wednesday Trenitalia (Italian Railways) has awarded it a new order to supply an additional 50 E464 electric locomotives, exercising an option to the contract signed in 2009 for the supply of 100 units. The added order is worth about $186 million. With this contract, Tr ...
ARG Trans has been selected by the Oregon International Port of Coos Bay as the preferred operator for the 133-mile Coos Bay rail line, following interviews with five final candidates in January 2011, port officials have announced. ARG Trans also will maintain the right-of-way. ...
The American Public Transportation Association has selected the Washington-based executive recruitment firm of Krauthamer & Associates to lead the search for a new president and CEO to succeed William W. Millar, who announced he will retire Oct. 31. after 15 years at the post. K&am ...
The Dallas City Council may ask Dallas Area Rapid Transit to contribute roughly $20 million to the proposed $37 million Oak Cliff streetcar project, linking Union Station and Methodist Hospital.

CN late Tuesday reported its first-quarter net income increased 31% to C$668 million, or diluted earnings of C$1.45 per share, aided by the sale of a rail line. Excluding that sale, net income of C$414 million, or 90 Canadian cents a share, still beat Wall Street analysts expectations of 88 Canadian ...
Norfolk Southern Tuesday said its Roanoke Locomotive Shops achieved 1 million injury-free employee-hours last month. The facility, near downtown Roanoke, Va., employs about 200 people in the heavy maintenance and overhaul of the railroad’s locomotive fleet, has logged nearly 3 ½ years w ...
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