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Portec Rail Products, Inc. Thursday reported unaudited net income of $1.24 million, or 13 cents per share, for the third quarter, compared with unaudited net income of $2.02 million, or 21 cents per share, in the third quarter of 2009. ...
Rep. John L. Mica of Florida, the Republican leader of the House Transportation & Infrastructure Committee, said Wednesday that if he is named chairman of the committee, a priority will be “cost-effective passenger rail transportation, including a better directed high speed rail program. ...
U.S. carload freight traffic stayed above 2009 levels for the week ending Oct. 30, 2010, up 6.3% compared with a year ago, the Association of American Railroads reported Thursday. U.S. intermodal traffic for the week was up 14.2% compared with the same week a year ago, with container volume up 15.7% ...
FreightCar America on Thursday reported third-quarter 2010 revenue of $41.3 million, a net loss of $4.7 million, and per-share earnings of $0.39.For third-quarter 2009, the company generated revenue of $55.1 million, net income of $1.1 million, and per-share earnings of $0.09. ...
Fairport, N.Y.-based RailComm has been ranked in the Rochester Top 100 list, based on its dollar and percentage growth, the company says. ...
EI Systems says the United States Patent and Trademark Office has granted a patent-pending status for its web-based Rail Manager® service. Clients use Rail Manager® to track the status and location of railcars within large industrial sites and gain web-based visibility into rail ...
Connecticut’s Gateway Community College Foundation has honored MTA Metro-North Railroad for “outstanding corporate citizenship” in helping to develop the school’s Rail Engineering Technology (RET) Degree program. ...
California voters Tuesday appeared to have approved Proposition 22, The Local Taxpayer, Public Safety, and Transportation Act, to protect existing funds that are allocated to local government, public safety, and transportation (including rail-specific transportation). The initiative would prohib ...

BNSF Chairman and CEO Matt Rose Tuesday said Carl Ice has been promoted to the newly created position of President and Chief Operating Officer, overseeing operations, marketing, and technology services.

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Ice has served as BNSF executive vice president and chief operations officer since December 2000. Prior to this position, he served as senior vice president, operations, for The Burlington Northern and Santa Fe Railway Company beginning in June 1999.

Said Rose, “I want to personally congratulate Carl on his well-earned promotion and recognize his many accomplishments and contributions to BNSF and the rail industry. Our alignment and teamwork have been a hallmark of BNSF’s success. This change marks the next step in our evolution and will put BNSF in a position to lead the rail industry through the next decade.”

Ice began his career in the railroad industry with Santa FeRailway in the industrial engineering department in 1979. He later held positions in operations, finance, and information systems. In 1992, Ice was named vice president, administration. He became vice president, carload business unit, in January 1994 and was named vice president, executive, in July of the same year. In January 1996, he was appointed vice president and chief mechanical officer. Ice became vice president, operations North, in January 1999 and was promoted to senior vice president, operations, in June 1999.

--> BNSF Chairman and CEO Matt Rose Tuesday said Carl Ice has been promoted to the newly created position of President and Chief Operating Officer, overseeing operations, marketing, and technology services. ...
Genesee & Wyoming earned net income of $24.8 million in third-quarter 2010, up from $21.7 million in the third quarter of 2009. GWI’s per-share earnings in this year's third quarter increased to 59 cents from 53 cents in the third quarter of 2009. Income from continuing op ...
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