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Kansas City Southern on Friday, Jan. 23, 2015, said it had achieved record revenue results for both its fourth quarter and full year, as earnings per share exceeded Wall Street analyst expectations.

The backlog of freight cars grew by about 75% in 2014, according to fourth-quarter reporting statistics compiled by the Railway Supply Institute American Railway Car Institute (ARCI) Committee. As of Dec. 31, 2014, the backlog stood at 142,837 units, compared to 81,927 units at the end of 2014 ...

Riders on New York Metropolitan Transportation Authority's (MTA) buses and subways will pay more beginning March 22, 2015, following an MTA Board of Directors decision on Thursday, Jan. 22, to increase fares.

Total cumulative U.S. weekly rail traffic for the week ending Jan. 17, 2015 slipped 1% measured against the comparable week in 2015, the Association of American Railroads reported Wednesday, Jan. 21, 2015.

Union Pacific said Thursday, Jan. 22, 2015 its fourth-quarter net earnings totaled $1.41 billion, or $1.61 per share, handily beating Wall Street consensus analyst expectations of $1.51 per share.

Canadian Pacific early Thursday, Jan. 22, 2015, announced record net income of C$451 million, of C$2.63 per diluted share, up 10% from the fourth quarter of 2013 and aiding the railroad's record low operating ratio of 59.8%.

Figures released by the Surface Transportation Board Wednesday, Jan. 21, 2015, show total Class I railroad employment as of mid-December 2014 rose 4.93% to 170,841, from mid-December 2013, and also added 96 positions from mid-November 2014, a rise of 0.59%.

The Toronto Transit Commission (TTC) has adjusted its timetable to implement its fare-card system, accelerating its completion date and now including its existing streetcar fleet in the mix.

New York Gov. Andrew Cuomo on Tuesday, Jan. 20, 2015 caught many by surprise in proposing a rail link from MTA subway and rail services in Queens to LaGuardia Airport, the oldest and smallest of New York's three primary area airports and the only one lacking rail access of any kind.

L.B. Foster Company has acquired TEW Engineering Ltd. of Nottingham, U.K., a 100-year-old engineering firm that designs, manufactures, and supports such applications as control panels, mimic diagrams, dynamic displays, passenger informatio ...
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