Balfour Beatty Rail, Inc.’s Transit division says it has successfully negotiated the first two work orders in its systems on-call services contract with the Denver Regional Transportation District (RTD), with a combined value in excess of $16 million. Both work orders have a completion date of Oct. 31, 2010.
One week is left for nominations to be submitted for Railway Age’s annual Short Line/Regional Railroad of the Year competition.
U.S. railroads reported that freight volume during the week ended Feb. 14 was once again down in comparison with last year, according to the Association of American Railroads. Carload freight fell 12.2% from the level achieved in the comparable week of 2008, though AAR noted carload volume for the week reached its highest level so far in 2009 and was up 6.2% from the previous week ended February 7.
Secretary of Transportation Ray LaHood says the Obama Administration is committed to high speed rail not just as a recipient of short-term stimulus funding, but for the long fun as well, and seeks to expand HSR in “five or six regions” in the U.S.
Thursday, March 19, 2009, marked the official beginning of the tunneling phase of MTA New York City Transit’s Line 7 subway extension project. With a who’s-who of politicians looking on, MTA Capital Construction lowered a key part of the first of two tunnel boring machines (TBMs) that will excavate two 7,100-foot tunnels. The piece lowered Thursday is known as the cutter head and has 44 rotating discs.
Trinity Industries says it achieved “strong fourth-quarter and full-year results” in 2008, but TrinityRail’s order backlog was substantially lower at year's end.
CN has announced a public debt offering of US$550 million 5.55% notes due 2019. CN says it expects to close the financing on Feb. 25, 2009.
Mexico’s Federal Competition Commission (Cofeco) has fined two domestic rail companies a total of $27 million for monopolistic practices, according to Mexico City-based Reforma.com.