Latest News Continued

San Diego's Metropolitan Transit System (MTS) says its public transit network generated 95,010,550 in fiscal year 2014, which ended June 30, 2014, up 11.5% from FY13 and a record.

Light rail transit ridership on the new Green Line (Central Corridor) in St. Paul has been strong, exceeding some projections, in its first weeks of operation, even as complaints about trip times have surfaced.

Mitsui Rail Capital, LLC (MRC) has promoted Daniel Penovich to President and Chris Gerber to Vice President of Sales and Marketing. Both MRC executives have extensive experience with MRC as well in the railroad and railroad leasing business ...

U.S. rail traffic for the week ending Aug. 16, 2014 kept its winning streak rolling, the Association of American Railroads said Thursday, Aug. 21.

Miner Enterprises, one of the railroad industry’s longest-standing supply companies, in 2014 is celebrating 120 years in business.
Wabtec Corp. said Thursday, Aug. 21, 2014 it has acquired Dia-Frag, a manufacturer of friction products based in Monte Alto, Brazil. Dia-Frag has annual sales of about $40 million. Wabtec did not disclose any financial details of acqui ...
The first of Toronto’s 204 new Bombardier-built, 100%-low-floor streetcars will debut on the Toronto Transit Commission’s 510 Spadina line Aug. 31, 2014.

One day after Oregon denied a permit for a coal export terminal on the Columbia River, a separate state body has approved plans to expand a crude-by-rail (CBR) transfer terminal serving trains and barge traffic.

Seeking to maintain recent momentum to add light rail transit, the Chesapeake, Va., City Council on Tuesday, Aug. 19, 2014 voted to officially ask Hampton Roads Transit, operator of The Tide LRT, to help Chesapeake locate adequate funding for a $1.8 million study of the proposal.

Figures released by the Surface Transportation Board show total Class I railroad employment as of mid-July 2014 rose 1.94% to 167, 138, from mid-July 2013, and also added 99 positions from mid-June 2014, a rise of 0.6%.

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