Latest News Continued
The California High-Speed Rail Authority Wednesday issued a Request for Expressions of Interest (RFEI), soliciting private-sector interest in advancing the state’s proposed $44 billion, 800-mile high speed rail network. ...
CN announced plans Wednesday to invest C$1.7 billion in 2011 capital improvements in order “to grow the business efficiently and to continue to provide customers with a high level of service.” In the past five years, CN’s annual capital budget has averaged around C$1.6 billion. ...
The New York Metropolitan Transportation Authority announced Tuesday that a tunnel boring machine (TBM) has mined 7,162 feet to complete excavation of the West Tunnel for Phase I of the Second Avenue Subway. ...
Sen. Kay Bailey Hutchison (R-Tex.), senior Republican on the Senate Commerce Committee, introduced legislation Feb. 8 that, while maintaining the Positive Train Control mandate, would ease its financial impact on the railroads. The bill, co-sponsored by Senators John Thune (R-S.D.), Roge ...
Bombardier Transportation said Wednesday its advanced CBTC system, CITYFLO 650, is in service on the 8400 series metro cars that are being introduced on Line 6 of the Madrid Metro, metro, in addition to the 5000 series currently in operation. ...
International intermodal volume surged 16.9% in the fourth quarter of 2010, helping to push overall intermodal volume up 14.7% for the year, according to a report released Tuesday by the Intermodal Association of North America (IANA). ...
TUV Rheinland Rail Sciences said Tuesday it has landed a subcontracting position on a 78-month contract for the performance of professional engineering services, relating to Independent Safety Assessor (ISA) tasks for the Communication-Based Train Control (CBTC) signal system modernization of ...
Greenwich, Conn.-based Genesee & Wyoming Inc. Tuesday reported fourth-quarter net income of $19.9 million, or 47 cents per diluted share, up almost 9% from $18.3 million, or 44 cents per diluted share, in the comparable quarter of 2009. ...

Speaking at Amtrak’s 30th Street Station in Philadelphia Tuesday, Vice President Joe Biden outlined three channels of development. “Core Express” will develop electrified trains operating at 125 mph to 250 mph, running on tracks dedicated to passenger service. “Regional” will develop 90 mph to 125 mph service (HrSR), an incremental step toward true HSR. “Emerging” will develop reliable train service in regions that are underserved, increasing access to the larger national intercity passenger rail network.

The President’s proposal received support Tuesday in a joint statement from U.S. Chamber of Commerce President and CEO Thomas J. Donohue andAFL-CIO President Richard Trumpka.

Also praising the measure was the National Association of Railroad Passengers. “It is extremely heartening that the White House has the clarity of vision to propose this groundbreaking program in the face of recent narrowly-based attacks on high speed rail in the U.S.,” said NARP President Ross Capon. “If we are to develop a modern transportation system that gives Americans the travel choices they need and cut our reliance on foreign oil, we need our leaders to show this steadfast determination to get the job done.” --> President Obama is advocating a six-year, $53 billion investment in high speed rail (HSR) as part of his thrust to use infrastructure spending to create jobs. The President will call for an initial $8 billion HSR investment in the budget he is set to release next week. ...
BNSF Railway on Monday announced a planned 2011 capital program of $3.5 billion. It includes $450 million to acquire 227 locomotives and $350million for new freight cars and other equipment. ...
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