The New York Metropolitan Transportation Authority (MTA) board has approved its 2015-19 Capital Program, the MTA reported on Oct. 30, 2015.
The Greenbrier Companies, Inc. on Oct. 30, 2015 reported record financial results for its fourth fiscal quarter and full year ended Aug. 31, 2015.
The Toronto Transit Commission board of directors has voted unanimously to sue Bombardier Transportation for at least $50 million for failure to deliver new streetcars on time, and without defects, according to an Oct. 30, 2015 report in the Toronto City News.
For the week ending Oct. 24, 2015, total U.S. rail traffic was 553,144 carloads and intermodal units, down 5.6% compared with the same week in 2014, the Association of American Railroads (AAR) reported on Oct. 28, 2015.
The rail industry’s frenzied push to extend the Congressionally imposed deadline for implementing Positive Train Control—one of the largest unfunded mandates ever foisted upon a U.S. industry—finally came to fruition on Oct. 29, 2015.