Latest News Continued

Wabtec Corp. on June 23, 2015 reported record results for second-quarter 2015.

VHB has added four new employees to its Transit & Rail practice in order to better serve clients in metropolitan areas along the East Coast, including Boston, New York City, Washington, D.C., and Atlanta, the firm announced on July 23, 2015. ...
The Sunday, July 26, 2015 Brickyard 400 NASCAR Sprint Cup Series race at Indianapolis Motor Speedway will have not one, but two CSX-primary-sponsored Front Row Motorsports Ford Fusions running: The familiar blue and gold “Play It Safe Around Railroad Tracks” No. 34, driven by 22-year-old Bret ...
Worldwide rail infrastructure and maintenance firm Harsco Rail, a division of Harsco Corp., will move all its technology products and services under the Protran Technology bran ...
Net income of $1.2 billion, compared with 2014 net income of $1.3 billion, combined with an operating revenue decrease of 10% and an operating income down 11%, resulted in a flat second-quarter 2015 for Union Pacific (UP), the railroad reported on ...
Railroads that are revenue adequate and earn their cost of capital should not be punished by capping their shipping rates, which would discourage the substantial and mostly private investment in the nation’s critical rail transportation infrastructure, CSX Executive Vice President and CFO Fredr ...
The California High-Speed Rail Authority (CHSRA) has awarded the Spanish company SENER a $56 million contract to develop the engineering and environmental services for the Palmdale to Bu ...
For the week ending July 18, 2015, total U.S. weekly rail traffic was 551,181 carloads and intermodal units, down 2.8% compared with the same week last year, as carload traffic continues to dip while intermodal makes slight gains, the Association of American Railroads (AAR) reported on July 22. ...
The Senate Finance Committee on July 21, 2015 met to debate S. 637, legislation put forward by Chairman Orrin Hatch (R-Utah) to extend expiring tax credits, including the Section 45G Short Line Tax Rehabilitation railroad track maintenance credit. 45G has been publically endorsed by 38 Senators w ...
Testifying at a  July 22, 2015 Surface Transportation Board hearing on railroad revenue adequacy, the Association of American Railroads, executives from its member railroads and ec ...
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