Latest News Continued
Tuesday, 06 November 2012
06 November 2012

BNSF surge beefs up Berkshire earnings

Omaha, Neb.-based Berkshire Hathaway, Inc. continues to reap handsome returns from its purchase of BNSF Railway. Berkshire late Monday announced that total third-quarter revenue grew 22% year-over-year to $41.1 billion, with a particularly strong performance from BNSF.

Tuesday, 06 November 2012
06 November 2012

Talgo, Inc. sues Wisconsin

Attorneys for Seattle-based Talgo, Inc. on Monday announced they had filed a lawsuit on behalf of the rail equipment manufacturer against the state of Wisconsin, based on the state's decision "to terminate its contract with the State of Wisconsin to build passenger trains to be used by the State ...
Monday, 05 November 2012
05 November 2012

STB takes new look at "paper barriers"

The Surface Transportation Board has announced a proposal to require disclosure of additional information concerning interchange commitments—known as "paper barriers"—underlying a lease or rail-line sale filed with the board.

Monday, 05 November 2012
05 November 2012

IANA: Domestic container growth continues

Domestic container volume recorded double digit growth for the fourth quarter in a row, according to the Intermodal Association of North America's (IANA) Intermodal Market Trends & Statistics report, released Monday.

Monday, 05 November 2012
05 November 2012

For NJT, equipment damage looms large

New York-area residents attempted some resumption of "normal" travel-to-work routine Monday, with varying degrees of success. But New Jersey residents may be deprived of adequate rail transit alternatives for far longer than their counterparts in New York State and Connecticut may expect, in larg ...
Monday, 05 November 2012
05 November 2012

NYAB's Train Dynamic Systems earns ISO 9001 c ...

New York Air Brake and its Train Dynamic Systems Division announced that the company's facility in Irving, Tex., has passed an intensive audit and has been recommended for accreditation for the ISO 9001:2008 standard.

Monday, 05 November 2012
05 November 2012

For Greenbrier Cos., a record fiscal year

Fiscal year 2012 was a record one for The Greenbrier Cos., both in terms of earnings and revenue, the Lake Oswego, Ore.-based company said. The company's fiscal year ended Aug. 31, 2012.

Friday, 02 November 2012
02 November 2012

NY/NJ transportation continues its state of emerge ...

New York and New Jersey rail transit remains in a state of emergency while crews work at a non-stop pace to repair damage and restore service.

Friday, 02 November 2012
02 November 2012

Amtrak update: Repairs continue, test train to ope ...

Repairs continue to be made on Amtrak's system in order to resume service to and from New York City from points south and north on the Northeast Corridor.

Friday, 02 November 2012
02 November 2012

BNSF's Lanigan to retire, railroad names thr ...

BNSF named Steve Bobb executive vice president and chief marketing officer, with responsibility for BNSF's sales, marketing, customer service, economic development and business unit activities. He succeeds John Lanigan, who has decided to retire effective Jan. 15, 2013.

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