Latest News Continued
Amtrak said Thursday it is developing an in-depth business plan that will maximize the opportunity for private investment to finance the construction of infrastructure and the acquisition of equipment required to provide 220 mph next-generation high speed rail service in the Northeast Corridor. ...
Siemens Industry, Inc. announced Thursday that it will supply Atlanta with four new streetcars under a $17.2 million contract from the Metropolitan Atlanta Rapid Transit Authority on behalf of the City of Atlanta and the Atlanta Downtown Improvement District. The first car is to be delivered in ...
CSX Corp. announced Wednesday that it will invest $160 million over the next several years to complete the National Gateway project, bringing its total commitment to $575 million. Total project costs are estimated at $850 million, of which state and federal funding will provide than $280 million. ...
BNSF Railway has applied to the Surface Transportation Board for permission to discontinue service on a 45.84-mile segment in Iron and Crawford counties, Mo. known as the Lead Line, the STB announced Thursday. ...
U.S. freight carload traffic gained 1.6% during the week ending May 14, 2011, measured against the comparable week one year ago, the Association of American Railroads said Thursday. U.S. intermodal volume for the week continued to show strength, up 6.3% compared with the same week in 2010. ...
Invensys Rail Thursday said Kevin Riddett will succeed James Drummond as president and CEO of Invensys Rail. Riddett (pictured below) has been chief operating officer of Chippenham, England-based Invensys Rail since November 2010, having previously spent two years leading Invensys Rail North America ...
According to the Association of American Railroads, 2010 “was the safest year ever for railroads, with significant reductions achieved in train accidents and employee casualties.” And for the 22nd year in a row, the Norfolk Southern Thoroughbred galloped away with the gold. ...
In mid-April, U.S. Class I railroads employed 5,689 more people than they did in April 2010, and 935 more than in March 2011. The 3.77% improvement in employment compared with a year ago and the 0.60% gain since March were in line with the gradual growth in railroad jobs that has been taking place i ...
The Victoria Regional Transit Commission in British Columbia on Tuesday endorsed a C$950 million light rail transit line to link Victoria and nearby Langford, B.C. But the commission cautiously noted it still needs a commitment of provincial and federal funding before any LRT project proceeds. ...
Wabtec Corp. announced that it has signed a contract valued at about $12 million to provide braking equipment to Bombardier Transportation Canada, Inc., for 100 new passenger rail cars on order from New Jersey Transit. ...
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