Latest News Continued
Wednesday, 14 November 2012
14 November 2012

Greenbrier Cos. affirms Icahn stock acquisition

The Greenbrier Cos. late Tuesday affirmed that "Carl C. Icahn and Reporting Persons affiliated with him have acquired 9.99% of the outstanding Common Stock of Greenbrier."

Wednesday, 14 November 2012
14 November 2012

CP offers $1 million to hurricane relief fund

Canadian Pacific Wednesday said it will donate US$1 million to assist with Hurricane Sandy relief efforts.

Tuesday, 13 November 2012
13 November 2012

GWI traffic declines in October

Greenwich, Conn.-based Genesee & Wyoming, Inc. Tuesday said freight traffic declined 4.8% in October compared with October 2011.

Tuesday, 13 November 2012
13 November 2012

Balfour Beatty gets Charlotte streetcar contract

The Charlotte, N.C. City Council Monday awarded a $26.3 million contract to Atlanta-based Balfour Beatty Rail Inc. and Charlotte-based Blythe Development Co. for the city's first streetcar line of 1.5 miles. The vote was 9-2 in favor, but followed a yearlong dispute over the proposal.

Tuesday, 13 November 2012
13 November 2012

In Salt Lake City, TRAX shines as snow falls

Significant snow blanketed Salt Lake City Sunday amidst the 12th National Light Rail Conference being held by the American Public Transportation Association (APTA)—and Salt Lake City's own TRAX LRT system reportedly has performed well.

Monday, 12 November 2012
12 November 2012

Shad Peterson named President of Sasser Family Hol ...

Sasser Family Holdings Inc., a fourth-generation, family-held transportation asset services and management company with roots dating back to 1928, has named Shad Peterson as President. 

Monday, 12 November 2012
12 November 2012

Morgan Stanley: “Few new risks" from D.C.

A newly released report from Morgan Stanley Research North America on the post-election rail regulatory landscape suggest that rail investors “have few new risks to fear from Washington.”

Monday, 12 November 2012
12 November 2012

Freight car market 2013-14: Down, then up

Economic Planning Associates (EPA), in its latest freight car delivery forecast, is predicting that 48,800 cars will be delivered in 2013—a 15% drop from 2012’s 57,200—followed by a strong rebound in 2014, to 60,300.

Monday, 12 November 2012
12 November 2012

Cuomo seeks funds for stricken rails, tunnels

New York Gov. Andrew Cuomo was reported Monday to be putting together request for $60 billion in federal aid to help pay for damage inflicted on the New York City region by Hurricane Sandy.

Monday, 12 November 2012
12 November 2012

Nebraska short line opens new rail bridge

Nebraska Central Railroad has announced the opening of a new rail bridge serving Norfolk, Neb., which will increase the short line's capacity to move next-generation railcars of 286,000 pounds per car.

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