Latest News Continued
In reporting Class I railroad traffic for the week ending Aug. 8, 2015, the Association of American Railroads (AAR) took note of the fact that CBR (crude by rail) shipments in 2015's second quarter dropped 16%, or 21,189 tank car loads, from third-quarter 2014, the peak quarter for rail crude oil or ...

The Surface Transportation Board has set the rail industry’s 2014 after-tax cost of capital at 10.65%, some 6% lower than the 2013 figure of 11.32%.

The Maryland Transit Administration (MTA) has decided to phase out its 10-unit fleet of AEM7 and HHP8 electric locomotives used for MARC regional/commuter rail service and replace them with eight new 125-mph “Charger” diesel-electric loco ...

Canadian Pacific says it “is well positioned to provide best-in-class service to western Canadian grain shippers during the 2015-2016 crop-year.”

APTA (American Public Transportation Association) has named HART (Honolulu Authority for Rapid Transportation) Executive Director and CEO Daniel A. Grabauskas as U.S./North ...
New York Metropolitan Transportation Authority (MTA) Chairman and CEO Thomas Prendergast has named MTA Bridges and Tunnels President James Ferrara as interim president of MTA New York City Transit (NYCT) effective Aug. 21, when ...

Retlif Testing Laboratories, a leading independent compliance and testing organization based in Ronkonkoma, N.Y., announced August 7, 2015 that it has expanded with a new location in Concord, N.C.

Operation Lifesaver, Inc. (OLI), in partnership with the Federal Highway Administration (FHWA), announced on August 11, 2015 more than $200,0000 in grants to 13 State Operation Lifesaver programs for a variety of highway-rail grade crossing safety pub ...

There is “big potential” to expand crude by rail shipments to West Coast ports and to California, but building the infrastructure “has proven painstakingly slow,” writes RBN Energy LLC analyst Rusty Braziel.

David L. Powell, Vice President Motive Power for Genesee & Wyoming, has accepted a two-year assignment effective Sept. 1, 2015 as Director of Rolling Stock for Saudi Arabia Railway Co. (SAR), a 1,700-mile carrier of minerals and other cargo ...
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