Latest News Continued
Amid international speculation that its $300 billion high-speed rail program has been seriously damaged by faulty technology and a crash that killed 40 people (pictured), an announcement from Beijing on Thursday claimed the first “international” sale of a high-speed rail signaling system for ...
Amid international speculation that its $300 billion high speed rail program has been seriously damaged by faulty technology and a crash that killed 40 people (pictured), an announcement from Beijing on Thursday claimed the first “international” sale of a high-speed rail signaling system for ...
In the past two months, the Greenbrier Companies has received orders for 3,700 new railcar platforms valued at approximately $285 million. Combined with orders received since September 1, 2010 (the beginning of Greenbrier's fiscal year), Greenbrier’s cumulative number of railcar orders orde ...
03 August 2011

East Penn

Short line holding company Regional Rail LLC on Aug. 1 commenced operations in southeastern Pennsylvania on the York Industrial Track, which it has leased from Norfolk Southern. The York Industrial Track, which runs from York to Stony Brook, Pa., is now operated as part of Regional Rail subsidia ...
Rising from the destruction inflicted by the 9/ll 2001 terrorist attack, the New York Metropolitan Transportation Authority’s new, $1.4 billion Fulton Street Transit Center in lower Manhattan reached a milestone Tuesday with the opening of the 135 William Street entrance. The Cent ...
Iowa Pacific Holdings, LLC has agreed to sell the Arizona Eastern Railway Co. to Genesee & Wyoming, Inc. in a $90.1 million cash transaction, subject to post-closing adjustments.The Arizona Eastern was chartered in 1895 as the Gila Valley, Globe & Northern, and was constructed bet ...
A preliminary count by the Federal Railroad Administration Office of Safety Analysis shows that U.S. railroads reported 290 rail-related fatalities in the January-May period of 2011. Fatalities at highway-rail grade crossings totaled 110, vs. 104 in the 2010 period, an increase of 5.8%. Trespass ...
CSX is building a privately funded $15 million, 34-acre intermodal terminal in Louisville, Kentucky. The terminal, which is slated to begin operations in early 2012, will provide intermodal service to customers and consumers in the greater Louisville area.The new terminal will be built and ...
The latest freight car market analysis from Economic Planning Associates shows that the carbuilding backlog grew about 10% in the second quarter of 2011, compared to the previous quarter “In spite of a slowing economy, the railcar market continues to improve,” EPA said. “ ...
01 August 2011

Class I

Employment on U.S. Class I railroads reached 159,340 in June, an increase of 1.15%, or 1,688 workers over May and a 5.16% increase over June 2010. Train crew employment (transportation-train and engine) showed the strongest increase. The June figure of 64,111 was 1.64% higher than in Ma ...
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