Latest News Continued
U.S. Transportation Secretary Ray LaHood today announced a grant of $196.5million to the Michigan Department of Transportation for track andsignal improvements between Detroit and Kalamazoo, Mich. These improvementswill allow for speeds up to 110 mph on 77% of Amtrak’s Wolverine and BlueWa ...
Telvent, a supplier of real-time IT systems, announced today that it will extend collaboration with IVU Traffic Technologies AG, a Berlin-based IT company that develops systems for the transportation industry. The companies, which have already collaborated on Automatic Vehicle Location (AVL) yste ...
The Railway Supply Institute has released the official attendance figures for Railway Interchange 2011, and they “exceeded all the hosts' expectations, hitting 9,000.” Said RSI in a statement, “Anyone walking the show floor at the Minneapolis Convention Center, participating in ...
With the backdrop of the world’s largest showcase for the public transportation industry, the American Public Transportation Association’s EXPO 2011, the association released an updated report making the case for investment in the public transportation industry by detailing the enorm ...
The Surface Transportation Board today announced its decision calculating the railroad industry's cost of capital for 2010. In Railroad Cost of Capital—2010, Docket No. EP 558 (Sub-No. 14), the board found that the rail industry's after-tax cost of capital was 11.03%. Up from 10 ...
Bombardier Transportation has won a Grand Prize Award in the American Public Transportation Association 2011 Annual AdWheel Award competition for the promotion of its BOMBARDIER PrimoveCity solution. As described by Bombardier: "The PrimoveCity contactless power transfer solution ...
In this year's first seven months, 743 large and small U.S. railroads reported 6,229 accidents and incidents, down 7.3% from the same period in 2010, according to the Federal Railroad Administration's Office of Safety Analysis.Rail-related fatalities declined 3.5% to 415 in the 2011 period ...
Ubisense is introducing to the American market a real-time location system, Transit Yard Manager for Rails (TYM), which it says improves rail yard efficiencies and productivity.TYM for Rails provides rail operators with several real-time location benefits, Ubisense says, including: ...

According to information in BNSF's 10Q quarterly filing at the Securities and Exchange Commission, the company paid a dividend of $250 million to Warren Buffett, its only stockholder. Some analysts immediately raised questions about the wisdom and size of the dividend payment.

30 September 2011

LIRR’s new digs

Construction proceeds to give the largest U.S. regional railroad access to Grand Central Terminal, while a revitalized and upgraded Brooklyn hub goes into service. 

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