Latest News Continued
The collision of two high speed rail trains near Wenzhou, China, on July 23 has triggered doubt, both domestically and internationally, not of HSR’s viability but of China’s expertise to implement its HSR plans, in part because HSR for decades has operated nearly flawlessly in Europe and ...

San Antonio’s VIA Metropolitan Transit has adopted a master plan that includes adding both light rail transit and streetcar operations to its existing bus network. VIA Metro Transit’s Board unanimously approved the plan Tuesday, July 26, 2011.

Flooding kept Canadian Pacific from joining its Class I brethren in setting record-breaking second-quarter results, with CP Wednesday reporting its second-quarter net income fell to C$128 million (US$135.7 million), or 75 Canadian cents per share. That still beat analyst expectations by two cents, b ...
Norfolk Southern Tuesday reported record second-quarter net income of $557 million, 42% higher than the $392 million notched during the same quarter in 2010. Diluted earnings per share were a record $1.56, up 50% compared with $1.04 per diluted share earned in the same period a year ago. NS said the ...

The city of Milwaukee’s Common Council, in a 10-5 vote Tuesday, approved a long-sought plan to establish a streetcar circulator for the city’s downtown.

Wabtec Corp. has reported second-quarter results, including sales of $479 million, 28% more than the year-ago quarter, and a backlog of undelivered orders totaling $1.5 billion. The company also increased its full-year guidance excluding a previously announced charge for a court ruling that Wabtec i ...
26 July 2011

Chile

Fairport, N.Y.-based RailComm says ithas been chosen to provide its Track Warrant Control (TWC) System for Chile’s Empresa de los Ferrocarriles del Estado (EFE). RailComm’s Domain Operations Controller (DOC®) train control system will be used for dispatching and train management. ...
CIT Rail, which owns more than 100,000 railcars leased to approximately 500 customers in North America, has announced orders for 5,000 new tank cars and hoppers from “multiple manufacturers.” Deliveries are scheduled throughout 2012. The orders include an option for an addit ...
CN Monday reported second-quarter results, saying its net income increased from the year-earlier quarter to C$538 million, with earnings per share rising 4% to C$1.18. Excluding a deferred income tax expense, adjusted diluted EPS for the second quarter of 2011 rose to C$1.26. ...
Progress Rail Services plans to locate a locomotive manufacturing facility in Sete Lagoas in the state of Minas Gerais, Brazil, to serve the South American diesel-electric market. ...
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