KeyBanc Capital Markets Inc. issued best- and worst-case scenarios for the freight railcar production market Thursday, Dec. 4, 2014, "[g]iven the dramatic share price volatility in the railcar space following OPEC's decision last week."
Fairport, N.Y.-based RailComm says it has been selected "to provide and install a state-of-the-art car tracking and inventory management solution at Terminal Railway Alabama State Docks (TASD)."
CSX Corp. is on target for its fourth-quarter earnings expectations and is confident of the longer-term outlook, Chief Financial Officer Fredrik Eliasson told those attending the Credit Suisse Global Industrials Conference in New York on Wednesday, Dec. 3, 2014.
The Federal Railroad Administration said Wednesday, Dec. 3, 2014 it intends to grant both Amtrak and the California High-Speed Rail Authority waivers from its "Buy America" requirement for the non-domestic final assembly of up to four prototype Tier III high speed rail train sets.
Cincinnati has been assigned the fiscal streetcar burden foisted on other cities, in its case by a judge declaring Duke Energy is not responsible for the cost of moving utilities under streetcar rights-of-way in the city.