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Buffett: Beware of environmental "shortcuts"
Well-run companies that fill a lasting need and do the least damage to the environment are known to be the kind of businesses that Berkshire Hathaway's Warren Buffett likes to acquire.
Weekly RT&S Rail Brief debuts
Railway Age sister publication Railway Track & Structures (RT&S) this week introduced RT&S Rail Brief, a weekly compendium of issues and breaking news affecting those involved in railroad infrastructure.
Bombardier FLEXITY 2 trams debut in Blackpool
Bombardier Transportation said Tuesday its FLEXITY 2 trams (streetcars) have entered revenue passenger service in Blackpool, England.
CN, CSX offer rail interchange at Chicago
Canadian National has announced a new rail interchange service with CSX Transportation (CSX) over the Chicago gateway. Prior to this agreement, CN and CSX exchanged containers in Chicago only by truck.
LIRR East End DMU plan now funded
MTA Long Island Rail Road long has had plans to provide diesel multiple-unit (DMU) service to its riders on both the North Fork and South Fork of the railroad's namesake…
Rio de Janeiro EMUs go into service
Electric multiple-unit (EMU) trains manufactured by China's CNR Changchun Railway Vehicles Co., Ltd. went into operation in Rio de Janeiro, Brazil, on March 20. An inaugural ceremony was held on that…
Pittsburgh North Shore LRT extension opens
Pittburgh's light rail transit system officially added 1.2 route miles Sunday for revenue service, as the North Shore Connector began operations linking its namesake neighborhood with the city's downtown.
Sydney, Australia, to scrap monorail for LRT
New South Wales government officials in Australia have announced that the state has acquired Metro Transport Sydney (MTS), the company that owns monorail and light rail operations, in an A$19.8…
GM names UP Rail Services Supplier of the Year
General Motors has named Union Pacific its 2011 Supplier of the Year for Rail Services.
Genesee & Wyoming February traffic slips
Genesee & Wyoming has reported a decline of 0.6% to 72,245 carloads, traffic volume for February. GWI's traffic in the first quarter of 2012 through February was 145,132 carloads, a decrease or…
Invensys Rail, Lilee form PTC partnership
Louisville, Ky.-based Invensys Rail Corp. said Tuesday it and Lilee Systems have joined forces to bring a new Wayside Messaging Server (WMS) to Positive Train Control (PTC) applications across North…
CREATE clears a way through Chicago
Is it logical to give a federal “high speed” grant to a snarled inner-city network where trains move at a crawl when they move at all? It makes more sense…
Railway Age names 2012 Short Line of the Year, 2012 Regional Railroad of the year
Railway Age magazine has named Vermont Railway the 2012 Short Line Railroad of the Year, and the Indiana Rail Road Co. its 2012 Regional Railroad of the Year. The awards…
Maersk Line, BNSF team for “Flagship Service”
Madison, N.J.-based Maersk Line announced on Monday its new "Flagship import service direct from Asia to five key markets in North America—Chicago, Dallas-Fort Worth, Houston, Memphis, and northwest Ohio"—in conjunction…
UP CEO Jim Young to take medical leave
Union Pacific announced Friday that James R. Young , its chairman, president, and CEO, will take a medical leave of absence from his responsibilities as president and CEO while he is being…
Metals shippers honor Union Pacific
Union Pacific has been named Logistics/Transportation Provider of the Year at the 2012 American Metals Market (AMM) Steel Tube and Pipe Conference.
Buffett praises Matt Rose leadership
If 81-year-old Warren Buffett has a short list of candidates to succeed him as head of Berkshire Hathaway, he did not directly allude to it in his annual message to shareholders, released…
New oil-gas rail terminal on tap for Texas
Kinder Morgan Energy Partners, L.P. and Martin Midstream Partners L.P. have formed a joint venture, Pecos Valley Producer Services LLC, to develop a rail terminal in Pecos, Tex., to serve…
RailAmerica, RMI sign software pact
Atlanta-based RMI Wednesday said it has reached a five-year agreement with RailAmerica, Inc. for the implementation of RMI's ExpressYard Car Repair Billing (CRB) and Operations Management Software System.
NS taps two for clean renewable diesel supply
Norfolk Southern said Tuesday that two fuel suppliers, Dynamic Fuels, LLC and Mansfield Oil Co., have signed an agreement to supply renewable diesel to the Class I railroad.
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