L.B. Foster Co., which supplies and distributes products and services for rail, construction, energy, and utility markets, has reported net income of $3.4 million or 33 cents per diluted share, in the first quarter of 2012 compared with 7 cents per diluted share in the prior year period. Sales were $118.5 million in the first quarter and the company’s backlog increased $56.3 million in the period.
Greenwich, Conn.-based Genesee & Wyoming’s newly formed subsidiary, the Columbus & Chattahoochee Railroad, Inc. (CCR), has signed an agreement with Norfolk Southern to lease and operate a 26-mile segment of NS track in Alabama.
Genesee & Wyoming Inc. early Tuesday reported net income in the first quarter of 2012 of $22.2 million, up from $22.1 million in the first quarter of 2011. GWI’s diluted earnings per share of 52 cents held steady in the quarter measured against the same period a year ago, though the company sported roughly 600,000 more weighted average shares outstanding in the latest report.
Los Angeles County Metropolitan Transportation Authority’s Board of Directors on Monday gave a preliminary nod to an $890 million contract to KinkiSharyo for up to 235 light rail cars.
Dallas Area Rapid Transit (DART) Monday said it had named Jesse Oliver deputy executive director and Carol Wise executive vice president, chief operating officer. As well, DART Senior Vice Presidents David Leininger and Timothy McKay were promoted to executive vice president. Tim Newby, previously DART’s assistant vice president of Bus Operations, is now vice president, transportation.
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. The six-race sponsorship program is built around CSX’s “Play it Safe” highway/railroad grade crossing and pedestrian safety campaign to urge pedestrians and motorists to exercise caution around railroad tracks.
Amtrak on Monday publicly unveiled its Amtrak Fleet Strategy Plan Version 3.1, an 82-page document designed to explain Amtrak’s desire to implement a systematic approach to replacing the carrier’s aged rolling stock and locomotive fleet.
MAC Products Inc. on Monday said it has acquired ProTran1 LLC and ProTran Technologies, producers of worker and pedestrian related safety equipment and devices for the transportation industry.
BNSF has announced “a new interactive map highlighting events and activities along its 32,000-mile rail network.”
Florida East Coast Railway, L.L.C. received the 2011 American Short Line and Regional Railroad Association President’s Award for its outstanding safety record. The President’s Award, first presented in 2006, is awarded to
Union Pacific General Director Car and Locomotive Engineering Michael Iden, Chicago, Ill., has been awarded the 2012 John H. Chafee Environmental Excellence Award by the Association of American Railroads.
BNSF Railway has honored the accomplishments of its 2011 Safety Employees of the Year, Achievement Award winners, and “Best of the Best” safety team leaders.
The Surface Transportation Board has ordered BNSF and Union Pacific to pay reparations totaling $9,244,144 to Arizona Electric Power Cooperative for rate overcharges for the movement of utility coal.
Reaction to the fight for control of Canadian Pacific seems to depend on whether the person reacting is a railfan or an investor.
While presumably voting for President of the United States Nov. 6, voters in Virginia Beach, Va., also can cast their ballots for or against extending The Tide light rail transit into their municipality from neighboring Norfolk.
It may be called “stock car racing,” but the racecars running in today’s NASCAR Sprint Cup Series are anything but stock. They may look a little like their production namesakes, but that’s where the similarity ends.
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 been authorized by their membership to launch a strike against CP as early as late May.
Amtrak said Thursday it is “creating a new Emergency Management and Corporate Security department to integrate existing company-wide efforts into a single, cohesive unit to more effectively prepare for emergencies and disasters, mitigate their effects and allow for fast and efficient response and recovery.”
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