Latest News Continued

Canadian Pacific early Thursday, July 17, 2014, reported second-quarter net income of C$371 million (US$345 million), or C$2.11 (US$1.96) per diluted share, a record for the second quarter, and up from C$252 million, or C$1.43 per share, in the comparable quarter of 2013.

Exhibit space is 85% sold for RSI/CMA 2014 and the Canadian Rail Summit (CRS), the upcoming industry trade show and technical conference highlighting the U.S. and Canadian railway and railway supply industries’ newest res ...

Norfolk Southern Corp. released its latest "Connections" sustainability report Wednesday, July 16, 2014, detailing its ongoing efforts to contribute to a cleaner environment, a healthier economy, and stronger communities.

Union Tank Car Company has marked the fabrication and in-to-service completion of its 5,000th compressed gas tank car since 2010. These jumbo cars are optimized for transporting propane, butane, and other liquefied petroleum gasses, production and distribution of which is associated with the gr ...

Edson L. Tennyson, one of the most respected rail advocates across several decades spanning U.S. passenger rail's decline and recovery, died at his home Monday, July 14, 2014, succumbing to bladder cancer. He was 92.

SEPTA has announced an intense, concentrated "Trolley Tunnel Blitz" beginning Aug. 1, 2014 and continuing through early Aug. 18, in an "around-the-clock" endeavor to upgrade and improve infrastructure. Service will be discontinued for the duration of the project.

According to the Railway Supply Institute (RSI) and Railway Engineering-Maintenance Suppliers Association (REMSA), “Many railway suppliers are interested in expanding their customer base and business partners abroad, particularly in the growing market of South America and in Europe. The RSI/R ...
CSX Corp. announced record second-quarter net earnings of $529 million, or 53 cents per share, Tuesday afternoon, July 15, 2014, after the closing bell on Wall Street. Results were up from $521 million, or 51 cents per share, in the comparable quarter in 2013. CSX also beat Wall Street consensus ...
Five companies joined the Association of American Railroads as Associate Members in June 2014.
San Francisco Municipal Transportation Agency (SFMTA) said Tuesday, July 15, 2014 that "Transport Workers Union Local 250-A, which represents Municipal Railway (MUNI) transit operators, voted to ratify a new three-year agreement that increases wages, strengthens pension benefits, and is in line w ...
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