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Bombardier said Thursday, Feb. 19, 2015 that it will raise C$750 million (about US$600 million) through the sale of 339.4 million subscription receipts to a syndicate of underwriters, in order to raise US$2.1 billion to stabilize its financial status.

Network Rail Consulting, a wholly owned subsidiary of Network Rail, owner and operator of Britain’s railway infrastructure, has appointed Ron Hartman as Vice President of North America.
Kansas City Southern Executive Vice President and Chief Marketing Officer Patrick J. Ottensmeyer has been appointed President, effective March 1, 2015, as part of the railroad’s succession planning process. ...
Unifor, the largest union at CN, with more than 4,800 members (mechanics, clerical workers, excavator operators, locomotive engineers, and truck drivers) covered by six collective agreements, said on Feb. 19, 2015 that it will be commencing strike votes at CN as of early the week of Feb. 23 “ ...
St. Charles. Mo.-based American Railcar Industries Inc. reported fourth-quarter net income of $22.7 million, or $1.06 per share, late Wednesday, Feb. 18, 2015, after the closing bell on Wall Street. Net income was up 3% from the comparable quarter in 2013. The results fell short of Wall Street an ...

Trinity Industries, Inc. released its fourth-quarter earnings late Wednesday, Feb. 18, 2015, which one Wall Street analyst defined as "solid" results.

BNSF Railway, as part of its record 2015 capital commitment of $6 billion—the railroad’s largest planned capital expenditure in its history—will invest a total of $1.63 billion in Illinois, Minnesota, Nebraska, North Dakota, Texas, and Was ...

FreightCar America reported its fourth-quarter and full-year 2014 results Tuesday, Feb. 17, 2015, after the closing bell on Wall Street, highlighted by positive net earnings in 2013 compared with a net loss in 2013.

By a roughly 2-to-1 majority, Sacramento, Calif., property owners along a proposed streetcar route have approved plans to fund $30 million toward the cost of the 3.3-mile, $150 million project.

For the second straight week, U.S. intermodal volume slipped fractionally behind levels of 2014 even as total U.S. freight traffic gained ground, the Association of American Railroads said Wednesday, Feb. 18, 2015.

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