Classification yard performance has a direct impact on network velocity and efficiency. Process control systems are helping improve that performance.
Rep. Reid Ribble’s (R-Wisc.) controversial proposed amendment to H.R. 3763, the Surface Transportation Reauthorization and Reform Act of 2015, which would allow heavier trucks on interstate highways in an effort to save shippers time and money, was rejected by the House on Nov. 3, 2015.
FreightCar America, Inc. reported on Nov. 2, 2015 third-quarter 2015 earnings per share of $0.96. This is compared to an estimate of $0.88 made by KeyBanc Capital Market Inc., and a Wall Street consensus estimate of $0.78.
The New York Metropolitan Transportation Authority (MTA) board has approved its 2015-19 Capital Program, the MTA reported on Oct. 30, 2015.