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Invensys Rail Corp. announces PTC acquisition
Invensys Rail Corp. has acquired privately held PHW, Inc. from the current owner/managers for up to $24 million. Invensys says the acquisition was completed May 10. Pittsburgh-based PHW, Inc. will…
Amtrak reorganizes Operations management
Amtrak Friday unveiled its long-anticipated reorganization of its Operations management structure, saying it has created "four business lines to establish clear accountability for the financial performance of individual trains and…
RailComm aids NECR bridge operation
Fairport, N.Y.-based RailComm said Wednesday it has provided remote control for a New England Central Railroad bridge.
CN revamps senior marketing team
Jean-Jacques Ruest, CN's executive vice-president and chief marketing officer, has announced changes within CN's senior marketing team that he says "will help us maintain our forward momentum and continue to build on our…
Teamsters weigh strike against CP
The general committees of the Teamsters Canada Rail Conference (TCRC), representing the conductors, trainmen, yardmen, locomotive engineers and rail traffic controllers employed by Canadian Pacific Railway, announced Thursday they have…
Progress Rail sets short line locomotive pact
Progress Rail Services Corp. says it has reached an agreement with Exeter, Calif.-based San Joaquin Valley Railroad, a RailAmerica subsidiary, to supply four repowered, low-emissions PR30B locomotives.
RailAmerica: Operating income up 57%
RailAmerica, Inc. reported late Wednesday that first-quarter revenue increased 15% to $143.4 million from $124.9 million in the first quarter last year. 2011. Freight revenue increased 10% to $107.8 million with average revenue…
Oklahoma short line gets trackage rights
The Surface Transportation Board Wednesday announced approval of a trackage rights exemption sought be WFEC Railroad Co. "to grant limited nonexclusive overhead trackage rights to Kiamichi Railroad LLC (KRR), over…
Norfolk Southern honored for carbon reduction
The American Carbon Registry has presented Norfolk Southern its Corporate Excellence award for "making a public commitment to reducing CO2 emissions 10% below 2009 levels by 2014 and for reaching nearly 40%t…
NS plans yard expansion in Ohio
Norfolk Southern announced that it will begin a $160 million expansion of its Bellevue rail yard in northern Ohio this month, doubling the yard's capacity.
United States joins InnoTrans 2012 exhibitors
With the addition of the United States and Hungary, InnoTrans 2012 will have a record 32 countries mounting combined national and regional displays of their transport technology at the ninth…
BNSF’s Carl Ice to keynote RSI/CMA 2012 meeting
BNSF President and Chief Operating Officer Carl Ice will deliver the keynote speech Sept. 24 to the Opening General Session of the Railway Supply Institute's RSI/CMA 2012 Conference and Trade…
Metro-North touts “best first quarter ever”
MTA Metro-North Railroad said Friday its systemwide on-time performance was 98.8% during the first quarter of 2012, claiming it was "the best quarter in Metro-North's history."
R.J. Corman partners with Toyota
R.J. Corman Railroad Group says that R.J. Corman Switching Co. has formed a partnership with Toyota to provide railcar switching, vehicle shuttling, vehicle loading, and track maintenance at the new…
UP receives Toyota Logistics Services award
Toyota Logistics Services recognized Union Pacific Railroad as the top rail transportation provider with its 2011 President's Award. UP received the award for its high level of overall logistics excellence…
DART readies Orange Line test train
Dallas Area Rapid Transit Monday is running its first light rail transit test train on the five-mile extension of the Orange Line into Irving, Tex. The train will travel from…
Funds spur Providence, R.I., streetcar plan
The Rhode Island Public Transit Authority has formally approved plans for a $126.7 million Providence streetcar system, including a financing mechanism for the project, and authorized a preliminary 2.5-mile route…
Rail Logistics-Cold Train announces partnership
Quincy, Wash.-based Rail Logistics-Cold Train and Interstate Distributor Co. have announced a partnership in which Cold Train will utilize a dedicated fleet of trucks from Interstate Distributor Co. for short-haul…
RailComm aids Michigan short line dispatching
Marquette, Mich.-based Lake Superior and Ishpeming Railroad (LS&I) has been using RailComm's state-of-the-art Domain Operations Controller (DOC®) train control system to dispatch its railroad since 2007, but the DOC® System…
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.
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