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STB determines rail industry's cost of capital for 2015
The Surface Transportation Board announced on August 5th that it has issued its decision determining the railroad industry's cost of capital for 2015.
Salient Systems ISO 9001:2008 Certification furthers quality management initiative
Salient Systems, Inc., a wholly owned subsidiary of L.B. Foster Co., achieved ISO 9001:2008 Certification in the second quarter of 2016. This facility engineers and manufactures remote infrastructure and vehicle…
São Paulo plans metro privatisation
The governor of the Brazilian state of São Paulo, Geraldo Alckmin, says he wants to privatize six of the nine existing or planned metro and monorail lines serving the city…
STB members to testify August 11 on first STB Reauthorization Act
The Surface Transportation Board announced on August 4th that, at the invitation of the Senate Committee on Commerce, Science, and Transportation, the three Board Members will testify on the topic…
MBTA issues RFQ for automated fare collection system
The Massachusetts Bay Transportation Authority (MBTA) Monday issued a Request for Qualifications (RFQ) for systems integrators interested in development of a new Automated Fare Collection (AFC) system under a performance-based…
MTA’s new role in Zika fight: Skeeter slayers
The state of New York is implementing aggressive initiatives to fight the Zika virus and partnering with the Metropolitan Transportation Authority (MTA) to combat the virus in the subway system.
HNTB hires Positive Train Control expert Aaron Marx
Aaron Marx joined HNTB Corporation as project manager, Positive Train Control systems. He is a technical resource for the firm and works with public- and private-sector clients across the United…
Railfest 2016 announces Grand Marshal
Railfest 2016, an annual celebration of railroading past, present and future that is held on the Saturday and Sunday of Labor Day weekend at Steamtown National Historic Site, announced that…
MBTA lights up solar infrastructure initiative
The MBTA Fiscal and Management Control Board approved a plan on August 1 allowing for the installation of solar energy generating equipment at 37 T-owned parking facilities.
FRA finalizes new safety rule for passenger rail
The U.S. Department of Transportation’s (DOT) Federal Railroad Administration (FRA) issued a new, final rule on July 29 that requires passenger railroads to proactively identify potential safety hazards across their…
ARI reports second quarter results
American Railcar Industries, Inc. (ARI) reported in the second quarter 2016, decreased revenues in the manufacturing segment were partially offset by increased revenues in the railcar leasing and railcar services…
Reading & Northern Railroad celebrates takeover of rail service to Humboldt Industrial Park
To celebrate its acquisition, Reading & Northern Railroad (R&N) welcomed over sixty guests on a passenger train trip through the Humboldt Industrial Park on Tuesday, July 26, 2016.
STB proposes “forced access” regulations
The Surface Transportation Board On July 27, 2016 proposed new regulations “to improve the availability of reciprocal switching,” an action the railroads have been anticipating for more than a year.…
For NS, a record-low operating ratio
Like most of its peers, Norfolk Southern’s second-quarter 2016 volume, revenues and income were down compared to the same period last year, but the railroad managed lower its operating ratio…
MTA NYCT chooses Canarsie Tunnel full-closure option
Metropolitan Transportation Authority (MTA) New York City Transit (NYCT) is opting for a full 18-month shutdown of the Canarsie Tunnel, versus a three-year partial shutdown, to rebuild the tunnel, which…
CN operating ratio: 54.5%
In the midst of what CN President and CEO Luc Jobin called “a very challenging volume environment” that saw second-quarter declines in revenues and operating income, the railroad posted an…
For UP, a challenging second quarter
Revenue declines in six traffic groups were a key contributing factor in Union Pacific’s second-quarter financials, for which the railroad reported diluted earnings per share of $1.17, a 15% decline…
USDOT constructs Build America Bureau
The U.S. Department of Transportation (USDOT) announced the establishment of the Build America Bureau, "which will drive transportation infrastructure development projects in the United States by streamlining credit and grant…
AAR: Total weekly rail traffic down 5.6%
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending Jul. 16, 2016:
First Transit signs its first rail contract in North America with DCTA
First Transit announced on July 20th that it signed its first rail contract in North America to provide operations and maintenance services for the Denton County Transportation Authority’s (DCTA) A-train…
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