Locomotives

Progress Rail has signed an agreement to acquire Downer EDI’s freight rail business, Downer Freight Rail, an Australian railcar company.
Come Feb. 1, 2018, the Railway Supply Institute (RSI) will have new leadership, as President Tom Simpson, who has spent nearly 30 years at the organization, retires. Mike O’Malley, a…
Strato, Inc.’s Quality Management System has been certified to ISO 9001:2015, superseding the company’s previous ISO 9001:2008 certification, and one year earlier than required.
Financial Edge, November 2017: Last month’s Railroad Financial Desk Book identified the influx of new investment capital as a cause for concern for railcar investors. Not discussed was that as…
The New York & Atlantic Railway (NY&A), Waste Management of New York (WMNY) and the New York City Department of Sanitation have joined forces on a Locomotive Repower Project to…
Monday the 13th at General Electric: The 125-year-old corporation, among the world’s oldest, announced a massive, aggressive downsizing and restructuring, a reduced dividend, and an in-the-works divestiture of its storied…
Metra, the commuter rail division of Chicago’s Regional Transportation Authority, approved a 2018 budget that raises fares and cuts some trains in a bid to close a $45-million operating deficit.
While CSX this year has made headlines for all the wrong reasons, it gave the railroad industry a surprise gift for the holidays, rolling out a heritage locomotive to lead…
Florida East Coast Railway has become the first North American railroad to adopt LNG (liquefied natural gas) for its entire line-haul locomotive fleet. FECR on Nov. 9, in partnership with…
Joseph Parsons will take on the newly-created title of general manager at the Iowa Interstate Railroad (IAIS), effective Nov. 3, concurrent with the retirement of Jerome Lipka from the position…
The union representing Canadian Pacific train crews met again with the railroad after membership voted to reject a one-year contract proposal.
Regional and short line operator Genesee & Wyoming saw higher revenue in the third quarter, but said weaker than expected earnings fell by 18% on lower agricultural shipments out of…
The League of Railway Industry Women (LRIW), an organization that supports women in the rail industry, recently appointed new executive officers and elected six officers to its board of directors.
A pilot program to advance the use of Unmanned Aircraft Systems (UAS, or drones) will partner the U.S. Department of Transportation and local jurisdictions in developing rules that will allow…
Union Pacific Corp. had third quarter net income of $1.2 billion, or a $1.50 per share, up from $1.1 billion, or $1.36, in the year-ago quarter, on improved pricing despite…
Recent acquisitions helped boost results for component and systems provider Wabtec Corp. in the third quarter as sales of existing equipment in the transit and freight categories faced “challenging market…
For the ninth straight year, CN has made the not-for-profit, worldwide environmental Carbon Disclosure Project’s (CDP) Climate A List, identifying the railroad as “a global leader in the corporate response…
Norfolk Southern Corp. reported third-quarter net income of $506 million, up 10% on-year, as income from railway operations increased 11% to $911 million and the operating ratio fell to a…
Canadian National reaffirmed full-year financial estimates on third-quarter revenue that was 7% higher and earnings that were essentially unchanged.
Union Pacific has unveiled No. 1943 “The Spirit of the Union Pacific” locomotive at San Antonio's Sunset Station, the 16th commemorative locomotive in the railroad’s 155-year history The arrival of…
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