Latest News Continued
GATX Corp. Thursday reported first-quarter net income of $27.1 million, or 57 cents per diluted share, down from $30.3 million, or 64 cents per diluted share, in the first quarter of 2012. Results fell short of Wall Street analyst expectations. Revenue of about $272 million was in line with ...

Down for freight carload traffic, up for intermodal: That once more describes U.S. freight rail volume, this time for the week ending April 20, 2013, according to the latest report by the Association of American Railroads.

American Railcar Industries late Wednesday reported first-quarter net earnings of $17.9 million for its first quarter ended March 31, up a substantial 49% from the prior-year quarter, mostly on strong tank car sales. But earnings of 84 cents per share disappointed Wall Street, where consensus ana ...

The words "light rail" were uttered, or at least alluded to, by candidates for New York City mayor at a meeting in Staten Island Wednesday, hosted by the Staten Island Economic Development Corp.

The U.S. needs “fair and clear long-term policies that encourage continued investment in railroad infrastructure, technology, and sustainability initiatives,” Norfolk Southern CEO Wick Moorman told a federal panel on April 24.
The Association of American Railroads (AAR) Wednesday recognized the industry's overall safety achievements by highlighting best safety practices accomplishments at the Railroad Safety Leadership Forum, in Chicago. The focus of the forum was to acknowledge railroad team achievements in personal s ...

Wabtec Corp. Wednesday morning reported net income from operations of $104 million, or earnings of $1.44 per diluted share, for the first quarter of 2013, up 18% from the same quarter in 2012 and a record.

The general manager of New Orleans' Regional Transit Authority Tuesday set forth a proposal for expanding the Crescent City's venerable streetcar system, though funding for such work was not identified.

Canadian Pacific early Wednesday reported first-quarter net income of C$217 million, or C$1.24 per diluted share, up sharply from C$142 million, or 82 Canadian cents per share, in the first quarter of 2012—a 51% improvement in earnings per share. Earnings beat Wall Street consensus estimat ...
NASCAR Sprint Cup fans attending the Toyota Owner’s 400 on Saturday evening, April 27, at Richmond International Raceway, or tuning in to the race on Fox Sports, will see something unusual on the three-quarter-mile track: A racecar sporting Class I railroad graphics.
430
Page 430 of 883

Get the latest rail news

Rail news and analysis from Railway Age, IRJ and RT&S by email