Latest Rail News

ns-notches-numerous-3q-records
October 22, 2014
Norfolk Southern early Wednesday, Oct. 22, 2014, reported net income of $559 million, up 16% from $482 million in the third quarter of 2013 and a quarterly record. Diluted earnings per share of $1.79 rose 175 from $1.53 per diluted share...
cn-reports-record-q3-2014-results
October 21, 2014
CN has reported record financial and operating results for the third quarter and nine-month period ended Sept. 30, 2014. Net income was C$853 million, or C$1.04 per diluted share, compared with net income of C$705 million, or C$0.84 per diluted share,...
national-railway-equipment-co-now-100-employee-owned
October 21, 2014
National Railway Equipment Co., headquartered in Mount Vernon, Ill., has completed transfer of the company to the newly formed NRE–Global Holdings Inc. (NRE), an Employee Stock Ownership Trust (ESOP). As part of an ongoing branding campaign, the company will simply...
nj-mayors-push-for-bergen-county-lrt
October 21, 2014
A coalition of mayors, including mayors from Hudson County communities already served by light rail transit, are publicly urging New Jersey officials to extend Hudson-Bergen Light Rail (HBLR) into neighboring Bergen County, the most populous county in the Garden State. The...
csx-awards-savage-locomotive-mobile-fueling-services-contract
October 21, 2014
CSX has entered into an agreement with Savage for mobile locomotive fueling services at 30 sites across the CSX network in the eastern U.S. Prior to the new agreement, Savage had been providing locomotive fueling services at four CSX sites. Savage...

record-3q-for-cp-earnings
October 21, 2014
Canadian Pacific Railway on Tuesday, Oct. 21, 2014, announced record third-quarter net income of C$400 million (US$356.4 million), or C$2.31 (US$2.06) per...
lacmta-receives-first-kinkisharyo-lrv
October 20, 2014
Los Angeles County Metropolitan Transportation Authority (LACMTA) has taken delivery of a pre-series light rail vehicle from Kinkisharyo International, LLC,...
ceremony-marks-latest-la-gold-line-advance
October 20, 2014
Los Angeles County Metropolitan Transportation Authority (LACMTA) officials and others on Saturday, Oct. 18, 2014 marked the completion of trackwork for the...
cp-+-csx-“no-further-talks-are-planned”
October 20, 2014
Breaking its relative silence, Canadian Pacific Railway announced Oct. 20, 2014 that it is no longer pursuing CSX as a merger partner. “Exploratory conversations...
london-trackwork-lands-ottawa-contract
October 17, 2014
The Rideau Transit Group consortium, designers and builders of the OC Transpo Confederation Line (Ottawa Light Rail Transit Project), has awarded a contract to...