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Kansas City Southern Thursday reported first-quarter net income of $63 million, or 58 cents per diluted share, compared with $33 million, or 34 cents per diluted share, in the first quarter of 2010. Revenue of $489 million was up 12% compared with the corresponding 2010 period, based in part on carl ...
GATX Corp. reported Thursday that its Rail segment earned a net profit of $51.6 million in the first quarter of 2011, compared with $49.3 million in the 2010 first quarter. ...
U.S. freight carload traffic slipped 0.3% for the week ending April 16, measured against the comparable week of a year ago, the Association of American Railroads reported Thursday. But U.S. intermodal volume for the week rose 9.8% compared with the same week last year. ...
Portland, Ore.’s City Council, in a 4-1 vote Wednesday, approved plans to expand the city’s growing streetcar line from the city’s South Waterfront to suburban enclave Lake Oswego, south of Portland. ...
Erie, Pa.-based GE Transportation has publicized results of a study it commissioned to evaluate its value to the Commonwealth of Pennsylvania – and finds its activities are valuable to the state. GE Transportation commissioned Pittsburgh-based research firm Tripp Umbach last year t ...
Continuing a slow, steady rise, employment on U.S. Class I railroads reached 155,842, in mid-March, up 0.87% from February and a 4.42% improvement over March 2010. Train crew employment (transportation, train and engine) increased to 62,627, up 0.78% from February and up 7.47% from March 2010. ...

Revenue rose to $4.5 billion from $4.0 billion a year ago, with volume growth across all six of its business units for the fourth consecutive quarter.

--> Union Pacific Corp. Wednesday reported first-quarter earnings of $639 million, or $1.29 per share, up nearly 24% from $516 million, or $1.01 per share, in the first quarter of 2010. ...

The Alabama and Gulf Coast Railway operatesover 348 miles of owned and leased tracks from Pensacola, Fla., exportterminals north to Columbus, Miss., and from Mobile, Ala., north to Kimbrough,Ala.

 

--> RailAmerica, Inc. says a “a special-interest group” including the American Chemistry Council, the Chlorine Institute, and the Fertilizer Institute is seeking to halt implementation of enhanced safety measures applying to transportation of chlorine and other toxic and poisonous commodi ...
CSX Corp. has reported first-quarter earnings of $395 million, or $1.06 per share, up 30% from the comparable quarter in 2010. Revenue of $2.81 billion was up 13% from the year-ago quarter. ...
R. J. Corman Railpower says the Port of Corpus Christi Authority (POCCA) has purchased a repowered RP14BD GenSet locomotive, with delivery planned for late this summer. ...
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