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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…
GWI 3Q earnings and revenue rise
Darien, Conn.-based Genesee & Wyoming, Inc. on Friday, Oct. 31, 2014 reported third-quarter net income of $72.9 million, compared with net income of $66.2 million in the third quarter of…
FreightCar America 3Q earnings much improved
FreightCar America, Inc. reported third-quarter net income of $6.4 million, or 53 cents per diluted share, much better than the loss of $900,000, or 8 cents per diluted share, in…
Greenbrier Cos. touts record 4Q, full year
The Greenbrier Cos., Inc. on Thursday, Oct. 30, 2014 announced "record results for [the] fourth quarter and fiscal year," adding it had received orders of "an additional 11,400 units" after…
ARI 3Q revenue slips, but backlog grows
American Railcar Industries, Inc. (ARI) reported a drop in third-quarter revenue 2014 relative to the comparable period in 2013. St. Charles, Mo.-based ARI announced its results late Wednesday, Oct. 29,…
Trinity Industries 3Q earnings rise
Trinity Industries, Inc. announced third-quarter earnings of $149.4 million, or 90 cents per diluted share, up 43% from $99.6 billion, or 63 cents per share, in the third quarter of…
Unknotting rail congestion compels investment
Unraveling the knot restricting rail network fluidity cannot be achieved through Surface Transportation Board (STB) intimidation of rail CEOs, or by the agency's issuance of an emergency service order instructing…
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