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Record 2Q earnings, revenue, for CSX
CSX Corp. announced record second-quarter net earnings of $529 million, or 53 cents per share, Tuesday afternoon, July 15, 2014, after the closing bell on Wall Street. Results were up…
SFMTA readies Siemens LRT contract
The San Francisco Municipal Transportation Agency (SFMTA) is set to award Siemens Mobility a contract for 261 S200 light rail transit (LRT) vehicles to replace the city's aging LRT fleet,…
Virginia funds back Columbia Pike streetcar
Virginia has committed to funding up to half the cost of the contentious Columbia Pike streetcar project, designed to traverse the namesake avenue in Arlington and Fairfax counties, suburbs of…
Survey: Shippers expect business to grow
The average growth rate by which shippers anticipate their businesses to grow has increased, the pricing and employment outlook remains solid, and ongoing rail traffic strength has been aided only…
"Solid" 3Q earnings, revenue for Greenbrier Cos.
The Greenbrier Cos. Wednesday, July 2, 2014, reported fiscal third-quarter net earnings of $33.6 million, or $1.03 per diluted share, compared with last year's fiscal third-quarter net earnings, excluding a…
Analyst: Thumbs up to Trinity Industries buy
Trinity Industries, Inc. has announced its intent to acquire Meyer Steel Structures, a provider of tubular steel structure for electricity transmission and generation, for about $600 million.
Indiana taps vendor for Hoosier State
Indiana's Department of Transportation has selected Corridor Capital, LLC as its "preferred vendor" to manage and operate Amtrak's Hoosier State between Indianapolis and Chicago.
El Paso streetcar plan gets state funding
The Texas Transportation Commission dispensed $2.2 billion in funding Thursday, June 26, 2014, to numerous municipalities in the Lone Start State, including cities such as Houston, Dallas, and San Antonio.…
Anthony D. Kruglinski, 1947-2014
Anthony D. “Tony” Kruglinski, Founder and President of Railroad Financial Corporation and Railway Age’s long-time Financial Editor, died Sunday, June 15, at his home in West Orange, N.J., of pancreatic cancer.…
OmniTRAX lands Texas short line, site work
OmniTRAX said Thursday, June 12, 2014, it will manage the Brownsville & Rio Grande International Railroad, a short line railway based in Brownsville, Tex. As well, OmniTRAX will also develop…
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