BNSF has reported operating income for the fourth quarter of 2013 of $1.88 billion, up 15% from $164 billion in income in the fourth quarter of 2012. Income for the full year of 2013 was $6.67 billion, up 11% from $6.0 billion in 2012.
Ontario province's Regional Municipality of Waterloo on Tuesday, March 4, 2014, approved a C$1.9 billion (US$1.7 billion), 30-year contract to GrandLinq, one of three consortia competing to build an 11.8-mile light rail transit line.
Fort Worth's TEX Rail regional passenger rail project will benefit from $50 million budgeted in its fiscal year 2015 budget, Fort Worth Transportation Authority ("The T") said Tuesday, March 4, 2014.
Two more top New Jersey Transit executives have been reported on the way out following the start March 1, 2014 of Veronique "Ronnie" Hakim's tenure as NJT Executive Director, succeeding Jim Weinstein.
Jack Stephens has been named executive director of the South Florida Regional Transportation Authority (SFRTA), succeeding Joseph Giulietti. SFRTA's governing board awarded Stephens a one-year contract.
The Greenbrier Cos., Inc. said Monday, March 3, 2014 it has received "new orders in the second fiscal quarter ended February 28, 2014 for 5,600 railcar units valued at approximately $460 million."
Caltrain has released its draft environmental impact report for its planned electrification of right-of-way between San Francisco and San Jose, a distance of roughly 51 miles.