Latest News Continued
Wednesday, 20 February 2013
20 February 2013

Metro-North plans for Penn Station access

MTA Metro-North Railroad could make access to Manhattan's Pennsylvania Station an official priority in its next five-year capital construction program to be released in 2014, despite decades of obstructions confronting the railroad.

Wednesday, 20 February 2013
20 February 2013

FreightCar America logs 4Q loss

FreightCar America, Inc. late Tuesday reported a net loss of $1 million, or 8 cents per diluted share, on revenue of $116.6 million in the fourth quarter, compared with net income of $8.5 million, or 71 cents per diluted share, on revenue of $187.1 million in the fourth quarter of 2011.

Tuesday, 19 February 2013
19 February 2013

Wabtec reports record 4Q, full-year results

Wabtec Corp. said Tuesday record fourth-quarter earnings per diluted share of $1.34, 40% above EPS in the fourth quarter of 2011 and topping Wall Street analyst consensus estimates of $1.31. Sales also notched a record, at $610 million, just short of analyst estimates of $611 million, and driven ...
Tuesday, 19 February 2013
19 February 2013

CN names Vena exec VP, COO

Claude Mongeau, president and chief executive officer of CN, on Tuesday announced the promotion of Jim Vena to executive vice-president and chief operating officer.

Tuesday, 19 February 2013
19 February 2013

Mexican railroad picks RailComm

Fairport, N.Y.-based RailComm says Compania de Ferrocarriles Chiapas Mayab (FFCM), located in Merida, Yucatan, Mexico, has selected RailComm for its computerized Track Warrant Control System.

Tuesday, 19 February 2013
19 February 2013

RailRunner COO courts European market

Lexington, Mass.-based RailRunner, N.A., Inc. said Tuesday Wolfgang Graff, vice president and chief operating and technology officer, will return to Germany next month to oversee European responsibilities for the company.

Saturday, 16 February 2013
16 February 2013

Contract set for Second Avenue Subway station

New York's Metropolitan Transportation Authority Friday said it had awarded a $258 million contract to Judlau Contracting, Inc., to tackle mechanical, electrical, plumbing, and finishing work for the 72nd Street Station, part of New York's Second Avenue Subway project.

Saturday, 16 February 2013
16 February 2013

Calgary considers adding streetcars

Calgary, the second North American city to commit to modernized light rail transit, may join the ranks of such cities also diversifying into streetcar operations.

Friday, 15 February 2013
15 February 2013

CSX taps Avtec for console contract

Avtec Inc. said Friday it and CSX Transportation have entered into a multiyear, multimillion dollar contract to migrate all of CSX's mainline dispatching centers to Avtec's Scout pure-IP radio console with Enterprise Management capabilities.

Friday, 15 February 2013
15 February 2013

Thales gets signal contract for Evergreen Line

Thales on Friday announced that it has been awarded a contract by Partnerships B.C. to install its SelTrac® Communications-Based Train Control (CBTC) on the new SkyTrain Evergreen Light Rapid Transit Line in Vancouver, British Columbia.

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