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Wilmerdering, Pa.-based Wabtec Corp. Tuesday reported record earnings and sales in its first quarter, and increased its 2011 earnings guidance. ...
Canadian Pacific Railway Ltd. says severe winter weather cut into volume and increased costs during its first quarter, resulting in earnings of C$33.7 million, or 21 Canadian cents per share. That’s down from C$101 million, or 60 Canadian cents per share, notched in the first quarter of 2010. ...
The staff of NJ Transit’s RiverLINE diesel light rail system, which runs between Trenton and Camden, N.J., over a right-of-way shared with Conrail freight trains, recently celebrated seven continuous years of operation without a Federal Railroad Administration reportable injury. ...
Bolingbrook, Ill.-based Wi-Tronix®, LLC said Tuesday that Massachusetts Bay Transit Authority (MBTA) has deployed Wi-Tronix monitoring systems on two of its ferry boats, the Flying Cloud and Lightning. ...
Metropolitan San Diego has released a 40-year regional transportation development plan which emphasizes light rail expansion, continuing the area’s growing commitment to LRT since it became the first U.S. city to implement a new system in 1981.A draft-version of a 663-page document h ...
The governors of Oregon and Washington Monday prepared to announce general agreement on a new bridge spanning the Columbia River over Interstate 5 that will include room for light rail transit, as well as bicycle and pedestrian capacity, as well as increased highway capacity. If built, ...
Kansas City Southern Thursday reported first-quarter net income of $63 million, or 58 cents per diluted share, compared with $33 million, or 34 cents per diluted share, in the first quarter of 2010. Revenue of $489 million was up 12% compared with the corresponding 2010 period, based in part on carl ...
GATX Corp. reported Thursday that its Rail segment earned a net profit of $51.6 million in the first quarter of 2011, compared with $49.3 million in the 2010 first quarter. ...
U.S. freight carload traffic slipped 0.3% for the week ending April 16, measured against the comparable week of a year ago, the Association of American Railroads reported Thursday. But U.S. intermodal volume for the week rose 9.8% compared with the same week last year. ...
Portland, Ore.’s City Council, in a 4-1 vote Wednesday, approved plans to expand the city’s growing streetcar line from the city’s South Waterfront to suburban enclave Lake Oswego, south of Portland. ...
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