Latest News Continued
Utah Transit Authority on Sunday launched its two newest TRAX light rail lines for revenue service, with UTA claiming both came in ahead of schedule and under budget at a combined $905 million. ...
August 12 marks the 10th anniversary of operation by the Portland Streetcar, generally considered the first “new” U.S. streetcar operation and by far the largest such system to date. Portland, Ore., city officials will mark the event with a celebration in Jamison Square Park, located wit ...
Chicago Freight Car Leasing Co. has named Robert Cleator vice president of sales and marketing. A 20-year rail industry veteran, Cleator will succeed Paul Deasy, who was recently named president of the company, a full service operating lessor of railcars to industrial, agricultural, and food prod ...
04 August 2011

AAR:

The Association of American Railroads today reported “mixed results” for July monthly rail traffic compared with the same month last year, with U.S. railroads originating 1,111,682 carloads, down 1%, and 895,649 trailers and containers, up 1.3%. For July 2011, 12 of the 20 c ...
Canadian National is investing $165 million to expand Kirk Yard in Gary, Ind., and relocate locomotive repair work now performed at a shop in Homewood, Ill., to the upgraded facility. CN acquired the 350-acre yard as part of its purchase of the Elgin, Joliet & Eastern in 2009. CN e ...
Union Pacific announced Thursday that its employees achieved the best first half of the year safety performance in the company’s nearly 150-year history. Union Pacific’s employee reportable injury rate was 1.01, a 23% improvement vs. 2010’s record 1.31 reportable injury rate. ...
FreightCar America, Inc. reported second quarter revenues of $97.6 million and net income of $0.2 million, or $0.02 per diluted share. For the first quarter of 2011, the company had revenues of $72.2 million and a net loss of $1.3 million, or $0.11 per diluted share. For the second quarter of 20 ...
L.B. Foster Company's 2011 second quarter operating results include income of $6.4 million or $0.61 per diluted share. Second quarter sales increased by $54.2 million or 45.4% due to the inclusion of Portec Rail Products Inc. sales, as well as a 21.5% sales increase in the legacy L.B. Foster bus ...
Amid international speculation that its $300 billion high-speed rail program has been seriously damaged by faulty technology and a crash that killed 40 people (pictured), an announcement from Beijing on Thursday claimed the first “international” sale of a high-speed rail signaling system for ...
Amid international speculation that its $300 billion high speed rail program has been seriously damaged by faulty technology and a crash that killed 40 people (pictured), an announcement from Beijing on Thursday claimed the first “international” sale of a high-speed rail signaling system for ...
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