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CSX CFO upbeat on 4Q, long term
CSX Corp. is on target for its fourth-quarter earnings expectations and is confident of the longer-term outlook, Chief Financial Officer Fredrik Eliasson told those attending the Credit Suisse Global Industrials…
Duke Energy wins Cincy streetcar cost spat
Cincinnati has been assigned the fiscal streetcar burden foisted on other cities, in its case by a judge declaring Duke Energy is not responsible for the cost of moving utilities…
Fed funds back MBTA Green Line extension
The Federal Transit Administration has pledged about $996 million in "New Starts" funding to support extension of Massachusetts Bay Transportation Authority's (MBTA) Green Line from Cambridge to Somerville and Medford.
Amtrak touts FY14 fiscal numbers
Amtrak released it fiscal year 2014 revenue numbers Tuesday, Nov. 25, 2014, citing continued financial performance that drew grudging coverage even from media adversaries of the national passenger railroad.
La Jolla link next for San Diego Trolley
The San Diego Association of Governments Board of Directors (SANDAG) has unanimously approved the final environmental impact report (FEIS) for extending the San Diego Trolley from Old Town to La…
GWI acquires Arkansas short lines
Genesee & Wyoming Inc. (GWI) late Wednesday, Nov. 19, 2014 announced it "has signed an agreement with Pinsly Railroad Company of Westfield, Mass., to acquire certain subsidiaries that constitute Pinsly's…
Arlington County scuttles streetcar plans
Arlington County officials said Tuesday, Nov. 18, 2014 that the county is canceling its plans for two streetcar projects, bowing to continual opposition and heightened by a recent local election.
CP agrees to sell D&H line to Norfolk Southern
Canadian Pacific announced on Monday, Nov. 17, 2014 it would sell a line of roughly 200 miles, cutting across Pennsylvania and New York, to Norfolk Southern Corp. for $192.6 million.
Columbia River Crossing successor sought
Opposition to a proposed $3.3 billion multimodal bridge linking Oregon and Washington last year killed the controversial Columbia River Crossing (CRC) project, sinking additions to Interstate 5 road capacity and…
California HSR phase 2 draws three bidders
Three consortia submitted sealed bids late Thursday, Oct. 30, 2014, to the California High-Speed Rail Authority (CHSRA), expressing interest in overseeing construction of the second leg of the state's proposed…
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