Canadian Pacific announced it is now shipping crude oil by rail from a new transload facility near Lloydminster, Sask. CP said the facility is a facility is a key enhancement to a growing energy portfolio. It accommodates the needs of NuStar Energy LP, with a further expansion planned this year.
Intermodal container volume set a new record in 2011 with 12.4 million moves, beating former record-year 2007 by 3.7%, the Intermodal Associaton of North America (IANA) said Thursday.
The House Transportation and Infrastructure Committee Wednesday introduced a five-year surface transportation funding bill, a successor to the now-expired SAFETEA-LU, that would extend Congress’ mandated deadline for Positive Train Control (PTC) by five years, from Dec. 31, 2015, to Dec. 31, 2020. It also would revamp the Railroad Rehabilitation and Improvement Financing (RRIF) program–and allow larger and heavier trucks on U.S. highways
BNSF Railway Co. on Wednesday announced a planned 2012 capital commitment program of approximately $3.9 billion, up $400 million, or about 11.4%, from its 2011 capital spend of $3.5 billion.
As Daffy Duck might plead: Who’s in charge here?
Here we go again. A “friendly” GOP House committee chairman has introduced legislation that would reauthorize the expired surface transportation program. Without benefit of any hearings, the bill introduced by Rep. John
Freight car builders and component suppliers have good reason to look at 2012 and beyond with renewed optimism and real confidence. That’s because, according to the most recent figures released by Economic Planning Associates, carbuilders received orders for no fewer than 89,073 cars and intermodal platforms, the highest annual level since EPA began tracking the market in 1980.
Though conflicting concepts on the future of U.S. ground transportation are part of the process, the American Public Transportation Association is encouraged by action by both houses of Congress to renew federal surface transportation funding, APTA said Tuesday.
Legislation designed to fix the nation’s crumbling transportation infrastructure will actually accelerate road and bridge damage and trigger an increase in taxpayer subsidies to the trucking industry, the Association of American Railroads said Tuesday, pointing to language in a House bill that allows for 20% heavier trucks and triple trailers.
Hampton Roads Transit will add a new crossover on The Tide light rail transit system. To facilitate construction this weekend, LRT service will be suspended between Harbor Park and EVMC/Ft. Norfolk stations during construction the weekend of Feb. 4-5.
Florida’s Pinellas County Project Advisory Committee on Monday formally adopted a proposal to build 24 miles of light rail transit linking St. Petersburg, Clearwater, Pinellas Park, and Gateway.
Bombardier Transportation said Tuesday it will deliver up to 60 FLEXITY trams to Basel, Switzerland’s Transport Authority (BVB). Bombardier notes it is the largest order placed by BVB in the agency’s 116-year history. The contract is worth roughly $241 million.
The Federal Transit Administration Monday gave the city of Milwaukee environmental approval for an initial streetcar line. City Engineer Jeff Polenske said FTA had issued a “finding of no significant impact” (FONSI) for the proposed route.
The Association of American Railroads says the nation’s major freight railroads are projected to invest a record $13 billion in capital expenditures in 2012 to expand, upgrade, and enhance the nation’s freight rail network.
California Gov. Jerry Brown said Sunday the state’s 700-mile high speed rail project will cost far less than the state’s current estimate of nearly $100 billion, and also said that environmental fees paid by carbon producers will be a source of funding.
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 2012 season. The 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.
The Timken Co. Friday reported record sales of $5.2 billion for 2011, up 28% from 2010 on “strong demand from diverse industrial markets,” including the railroads., (The growing railroad market for Timken roller bearings reflects the soaring demand for freight cars.)
The Railway Supply Institute said Friday that the “House Transportation and Infrastructure Committee is set to vote on SAFETEA-LU reauthorization legislation as early as next Thursday, February 2, and that vote could sanction “an increase in truck size and weights at state option as well as allow longer combination vehicles nationwide.”
J.B. Hunt Transport Services, Inc. reported late Thursday that fourth quarter 2011 Intermodal Segment revenue increased 24% to $729 million, and operating income grew 20% to $83.9 million.
Railroad freight car orders increased 51.4% in the fourth quarter to 16,434, compared with 10,853 car orders for the same quarter last year, according to the Railway Supply Institute. Orders in the quarter fell relative to the third quarter, which totaled 20,165 orders.
