Latest Rail News

class-i-ceos-diverge-on-mergers
October 22, 2014
During third-quarter 2014 earnings presentations, two Class I CEOs with considerable experience in mega-mergers expressed opposing viewpoints on the merits of a final round of railroad mergers that would presumably create two gigantic east-west transcontinental carriers encompassing the U.S. and...
mbta-taps-chinas-cnr-for-subway-cars
October 22, 2014
Massachusetts Gov. Deval Patrick and the state Department of Transportation were poised Wednesday, Oct. 22, 2014, to approve a $566.6 million contract for CNR Changchun to supply 284 rapid transit cars for Boston's "T" system. MassDOT's Board of Directors officially approved...
fta-marta-launch-lrt-study
October 22, 2014
The Federal Transit Administration and Metropolitan Atlanta Rapid Transit Authority (MARTA) are advancing a study that could establish Atlanta's first light rail transit (LRT) line along what's called the Clifton Corridor, along a rail line owned by CSX Corp. The proposed...
fort-lauderdale-mulls-next-streecar-phase
October 22, 2014
With plans in place for a 1.4-mile initial streetcar operation to begin in 2016, Fort Lauderdale, Fla.'s Downtown Development Authority is weighing plans to add a second phase in a loop pattern. Cost for both phases of The Wave is put...
new-york-subways-notch-days-of-6-million-riders
October 22, 2014
As New York City’s subway ridership has improved, journalistic shorthand has routinely noted the system, easily the largest rapid transit system in the U.S., carries 5 million riders per weekday. MTA New York City Transit now is suggesting that assumed...

ns-notches-numerous-3q-records
October 22, 2014
Norfolk Southern early Wednesday, Oct. 22, 2014, reported net income of $559 million in the third quarter, up 16% from $482 million in the third quarter of...
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...
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...
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...
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...