Latest News Continued
01 September 2011

APTA lauds Obama

The American Public Transportation Association (APTA) late Wednesday released a statement by APTA President William Millar, which said: ...
31 August 2011

100 years of growth

As New York Penn Station marks a century of service, planners are gearing up for the next 100 years. A century ago, the Pennsylvania Railroad was in the midst of one of the most expansive infrastructure capital programs in the history of the United States.

High performance wheels can offer improved safety and an extended life cycle. Wheelset removals are the largest freight car maintenance expense item in North America, accounting for half of all car maintenance dollars. Wheel tread damage is the single largest cause of wheelset removals, and ...
Current technology is not only more reliable, it's highly intelligent. When it comes to grade crossings, protecting people and equipment is the top priority for all railroads. Suppliers are making that job easier by ensuring everything from the bells and lights to the communications mechanis ...

If the past few months are any indication, the answer is yes. Just ask BNSF. BNSF Railway posted a double-digit return on net investment for the 12 months ending June 30, 2010—right through the worst of the Great Recession.

I’m sitting here during the Dog Days of summer recuperating from major surgery as well as the experience of advising one of the potential purchasers of GE’s railcar leasing business, which was for sale up until recently.

Bombardier Transportation increased its revenue by 26%, reaching $2.7 billion for the second quarter ended July 31, compared with $2.1 billion for the corresponding period last fiscal year, Bombardier Inc. announced Wednesday. During the second quarter, the Transportation segment reported new orders ...
Global Railway Industries Ltd. announced Tuesday that its shareholders have approved the proposed sale ofCAD Railway Industries Ltd. and the winding-up of Global. “As previously disclosed,” said the company, “closing of the CADRI salewill occur promptly following satisf ...
30 August 2011

NS CEO doubts

Norfolk Southern CEO Wick Moorman says he believes that despite a weaker second-quarter economy, “the causes are not necessarily indicative of larger problems,” and “we certainly don't see the likelihood of a significant economic slowdown.” Moorman made the comments in an int ...
The Timken Company has appointed Brian J. Ruel to the position of vice president of rail, effective Oct. 1 upon the retirement of Roger W. Lindsay. Ruel most recently held the position of vice president-light vehicle systems, which like rail is part of the company’s Mobile Indust ...
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