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A California appeals court has ruled that the California High-Speed Rail Authority (CHSRA) can proceed with up to $8 billion in state bond sales for the proposed $68 billion system proposed to span the Golden State.

Now available from the Association of American Railroads is the latest edition of Railroad Ten-Year Trends, which contains a variety of railroad-related data for the years 2003-2012. More than 60 pages of the publication also have preliminary data for 2013.
Morristown, N.J.-based Louis Berger, as part of the Consorcio PML2, has signed a five-year, $32 million contract to oversee construction of the Panama City Metro Line 2, Central America’s first rapid transit system.
Keolis, a provider of passenger transportation services throughout the U.S. and Canada, will be a major sponsor of the 2015 World Police & Fire Games, in which an estimated 12,000 first responders from around the world will compete in mor ...
Based largely on an increase in demand for its tank cars and hopper cars, American Railcar Industries, Inc. (ARI) on July 30, 2014 reported record earnings and revenues for second-quarter 2014.
The Surface Transportation Board on July 31, 2014 issued its decision calculating the railroad industry’s after-tax cost of capital for 2013 as 11.32%, a slight increase over 2012’s 11.12%. The cost-of-capital figure represents STB’s estimate of the average rate of return needed to persua ...
The Association of American Railroads reported continued growth in U.S. rail traffic for the week ending July 26, 2014, with 306,988 total carloads, up 4.3% compared with the same week last year. Total U.S. weekly intermodal volume was 264,809 units, up 3.3% compared with the same week last yea ...
Riding high on a record backlog of freight car orders, Trinity Industries reported second-quarter earnings per common diluted share of $1.01—a 94% increase year-over-year—and quarterly revenue and net income of $1.5 billion and $164.2 milli ...
The New York Metropolitan Transportation Authority, which accounts for approximately 25% of all rail transit spending in the U.S., is staring at a potential $12 billion shortfall in its proposed 2014-2019 capital plan, according to New York State Controller Thomas DiNapoli.
Protran Technology has delivered the first sets of its Collision Avoidance System to a major East Coast transit agency and a maintenance-of-way contractor.
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