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 its entire line” of roughly 15 miles.
Leading off Class I first-quarter 2012 earnings reports, CSX Corp. late Tuesday cited first-quarter net income of $449 million, or 43 cents per share. That handily beat Wall Street’s consensus analyst estimates of $395 million, or 35 cents per share.
Seeking to improve capacity and reduce scheduling conflicts, MTA Long Island Rail Road Tuesday said it plans to begin double-tracking 12.6 miles of LIRR’s Ronkonkoma Branch route between Farmingdale and Ronkonkoma, N.Y., two years ahead of the previous schedule.
Deciding longer dwell times are preferable to fare evasion and fraud, Massachusetts Bay Transportation Authority on Tuesday expanded operating Green Line light rail transit service using only front-set doors during off-peak and weekend operations.
INIT said Tuesday that GO Transit, a division of Metrolinx, has chosen the company to deploy a new fleet management system for 47 GO Transit railcars, as well as 424 GO buses and 50 non-revenue vehicles.
Seattle-based Talgo, Inc. is considering legal action against the state of Wisconsin following the latter’s long-expected cancelation of a $166 million maintenance contract.
Bombardier Transportation announced in Berlin Tuesday that it has joined the Metropolitan Atlanta Rapid Transit Authority (MARTA) in a demonstration project to enhance the safety of trackside rail transit workers.
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 of that five-year goal in the first year,” the railroad announced Tuesday.
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.
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 InnoTrans in Berlin Sept. 18-23.
Saskatchewan’s provincial government Monday announced C$700,000 in grants distributed among 11 short line railroads through its Shortline Railway Sustainability Program.
Regan Smith, driving the no. 78 Furniture Row/CSX Play it Safe Chevrolet, rebounded to a 16th-place finish in the Goody’s Fast Relief 500 Sprint Cup race at Martinsville Speedway on April 1.
The rain-delayed 2012 Daytona 500 on Feb. 27, the season-opening event in the NASCAR Sprint Cup Series, marked a milestone for CSX Transportation, the first Class I railroad to sponsor a Sprint Cup team.
Regan Smith brought his No. 78 Furniture Row Racing/CSX Play it Safe Chevrolet home in 24th place, four laps down, in the Food City 500 at Bristol (Tenn.) Motor Speedway on March 18 following an early incident.
CSX Transportation has partnered with Furniture Row Racing and the No. 78 Chevrolet Impala driven by Regan Smith in NASCAR’s top-tier Sprint Cup Series as an associate sponsor for the first half of the 2012 season.
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 Show in Chicago.
In his proxy fight for control of Canadian Pacific, Pershing Square Capital Management hedge fund chief Bill Ackerman contends that the railroad’s management has failed to seize opportunities to improve its performance.
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.”
The Surface Transportation Board says Michigan’s Department of Transportation has filed an Acquisition Exemption, requesting permission for MichDOT to acquire two sections of NS rights-of-way totaling about 135 miles.
Michigan’s Department of Transportation, Norfolk Southern Corp., and Amtrak reportedly have reached agreement on work designed to remove or reduce slow orders NS imposed last month on right-of-way between Kalamazoo, and Dearborn, Mich., the latter city just west of Detroit.
