E-mail

Latest News

Ferromex to acquire 44 new locomotives (30.07.2010)

Grupo Mexico announced Thursday that Ferromex, the largest railroad company in Mexico, expects to invest $134 million for the year, mainly ...

 
Ellcon National, Amsted Rail form joint venture (30.07.2010)

Ellcon National, a subsidiary of Faiveley Transport, and Amsted Rail have created a joint venture that Faiveley Chairman and CEO<...

 
Miner Enterprises awarded Canadian patent (30.07.2010)

Geneva, Ill.-based Miner Enterprises says the Canadian Patent Office has recently awarded Miner a patent on ...

 
UP's Duffy retiring; Fritz named EVP-Operations (30.07.2010)

Dennis J. Duffy, vice chairman-Operations of Union Pacific and the longest-serving head of the operating department in company history, has decided ...

 
TCS marks rail training sessions (30.07.2010)

Transportation Certification Services (TCS) has providedspring and summertime training to rail workers in six North America locations,offering training in varied ...

 
Rail traffic tops '09 but still trails '08 (29.07.2010)

The Association of American Railroads reports that U.S.railroads originated 286,854 carloads for the week ending July 24, up 4.7% from the same ...

 
RailAmerica revenue up 18% in quarter (29.07.2010)

Jacskonville, Fla.-based RailAmerica, Inc. reported late Wednesday that its second-quarter 2010 revenue increased 18% to $117.3 million from $99.7 million. With carloads up 11%, freight ...

 
Trinity Rail Group posts loss, but backlog rises (29.07.2010)

In its second-quarter 2010 report, Trinity Industries, Inc. said its Rail Group had revenue of $112.9 million ...

 
ARI 2Q loss belies “modest improvement in demand” (29.07.2010)

American Railcar Industries, Inc. Wednesday reported a second-quarter 2010 net loss of $5.9 million, or 28 cents per share, on revenue of $61.2 million, compared ...

 
Invensys Rail gets Thameslink resignaling work (29.07.2010)
London’s Network Rail said Thursday it has awarded the £32 million (roughly $50 million) Thameslink core area resignaling contract to Invensys Rail. The project ...
 
PATH taps eAccess for Smart Cards (29.07.2010)

San Diego-based eAccess LLC, part of Cubic Corp., said Thursday it will deliver 1 million smart cards to the Port Authority of ...

 
Countdown begins for Railway Interchange 2011 (28.07.2010)

September 18-21, 2011, marks the dates for Railway Interchange 2011, as Minneapolis hosts the first North American event combining the technical ...

 
CP's second-quarter profit jumps 97% (28.07.2010)

Canadian Pacific second-quarter net increased 97% to C$166.6 million (US$161 million) compared with the second quarter of 2009. Diluted earnings per share were 98 ...

 
Fighting deficits, NYMTA plans new fare hikes (28.07.2010)

The New York Metropolitan Transportation Authority’s 2011 Preliminary Budget, released Wednesday, proposes fare andtoll increases of 7.5% effective Jan. 1, for riders ...

 
Lack of "safety culture" cited in fatal WMATA collision (28.07.2010)

The National Transportation Safety Board has determined that contributing factors to last year’s fatal collision of two Washington Metropolitan ...

 
Indiana Harbor Belt Railroad taps Trainyard Tech (28.07.2010)

Trainyard Tech, LLC says it has signed a contract with Indiana Harbor Belt Railroad Co. to install the CLASSMASTER™ process ...

 
NS increases profit, cuts operating ratio (27.07.2010)

Norfolk Southern Corp. Tuesday reported second-quarter 2010 net income of $392 million, up 59% from the $247 million posted for second-quarter 2009. ...

 
KCS earnings soar, operating ratio plunges (27.07.2010)

Kansas City Southern reported a second-quarter 2010 profit of $34.6 million, or 34 cents a share, compared with $6.5 million or seven cents a share ...

 
Wabtec earnings top Street forecast (27.07.2010)

Wabtec Corp. earned net income of $31.2 million in the second quarter, or 65 cents a share, vs. earnings of $30.8 million or 64 cents ...

 
L.B. Foster: Sales, earnings, backlog rise (27.07.2010)

L.B. Foster Co. reported Tuesday that net income increased by 125.8% to $6.0 million, or 58 cents per share, in the second quarter ...


 



rroty336.jpg 

 

Get Rail Group News! Our Free E-Newsletter
Passenger Trains on Freight Railroads