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GE Transportation notches solid 3Q gains

GE Transportation Friday reported $1.3 billion in third-quarter revenue, up 48% from the comparable quarter in 2010, and a profit of $196 million, up 94% compared to the year-ago quarter. GE Transportation’s

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San Antonio officials commit to streetcar plan

Following earlier recommendations from VIA Metropolitan Transit and Bexar County (Tex.) officials, and despite earlier political turmoil surrounding the subject, the San Antonio City Council on Thursday voted to help fund VIA’s

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KCS 3Q earnings and revenue rise

Kansas City Southern Friday morning reported third-quarter 2011 diluted earnings of $100 million, or 91 cents per share, up from $50 million or 48 cents per share in the third quarter of

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Cuomo picks Lhota to head New York MTA

New York Gov. Andrew Cuomo late Thursday nominated Joseph Lhota, now executive vice president of administration for Madison Square Garden Co., to succeed Jay Walder as chairman of the Metropolitan Transportation Authority,

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AAR: U.S. freight traffic offers

U.S. freight carload traffic was flat for the week ending Oct. 15, 2011, measured against the comparable week of one year ago, the Association of American Railroads reported Thursday. U.S. intermodal volume

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UP 3Q earnings up 16%

Union Pacific Corp. Thursday reported third-quarter earnings of $904 million, or $1.85 per share, up 16% from the $778 million, or $1.56 per share, it notched in the third quarter of 2010.

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GATX Rail earnings rise; fleet utilization: 98.2%

GATX Corp. has reported Rail segment profit of $63.0 million for the third quarter of 2011, compared with third-quarter 2010 Rail profit of $32.7 million. “The improvement in Rail segment profit is

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New Jersey rail service proposal revived

An oft-proposed $1.5 billion, 18-mile diesel light rail transit (DLRT) line serving New Jersey’s Philadelphia suburbs has been reactivated, though the Delaware River Port Authority, which has been the lead agent for

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Port Jervis Line repair ahead of schedule

MTA Metro-North Railroad says its efforts to repair its Port Jervis Line, providing West-of-Hudson service to New York’s Rockland and Orange counties, is ahead of schedule and, so far, under budget expectations.

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Wabtec wins Denver PTC contract

Wabtec Corp. announced Wednesday that it had signed a $63 million contract with Denver Transit Partners to provide Positive Train Control equipment and services for three new commuter rail lines planned for

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CSX again tops Newsweek

CSX Corp. ranked first among Class I railroads in the Newsweek Green Rankings, released Wednesday—an honor the company has consistently taken since the awards were launched in 2009. “Environmental sustainability has been

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For GE Transportation, a $231 million investment

GE Transportation announced Tuesday investments totaling $231 million in manufacturing improvements and site upgrades to its Erie, Pa., site and a new manufacturing plant in Fort Worth, Tex., “to meet accelerating domestic

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CSX posts record 3Q results

CSX Corp. late Tuesday said it notched record third-quarter net earnings of $464 million, or 43 cents per share, up 19% from earnings of $414 million, or 36 cents per share, in the

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Vacancies open on STB’s rail/shipper advisory board

The Surface Transportation Board gave notice Tuesday of seven vacancies on the Railroad-Shipper Transportation Advisory Council (RSTAC) and solicitation of nominations. The openings are for representatives of three small shippers; representatives of

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Class I employment up for month and year

U.S. Class I railroad employment rose to 160,240 in mid-September, up 3.99% over September 2010 and 0.08% higher than in September 2010. Employment was up in all categories compared with a year

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CN adding 200 EcoTherm containers

Canadian National on Tuesday said it has purchased 200 EcoTherm containers to “increase customer efficiency and help reduce energy consumption in its fast-growing temperature-sensitive intermodal markets.” CN will use the equipment to

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Amtrak leases Empire Corridor from CSX

Amtrak has reached agreement with CSX Corp. to lease roughly 100 miles of the Empire Corridor between Poughkeepsie and Schenectady, N.Y., to take effect early next year. A CSX spokesman said the

Railway Interchange 2011: An event to remember

Let me make one thing perfectly clear: I have never fueled a locomotive in my life, much less in a suit and tie. But in the photo above, taken at Railway Interchange 2011, I couldn’t resist a hands-on experience with a new piece of technology—in this case, the MPL Technologies SpillX system.

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Dahlman Rose 2011 survey:

According to Dahlman Rose & Co.’s proprietary Third Quarter 2011 Rail Shipper Survey (completed by participants with over $10 billion in combined transportation purchasing power), railroad shippers anticipate an average base rate

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Brunel industrial design award for Metro-North

MTA Metro-North Railroad received a prestigious Jury Prize for Overall Design Excellence for 2011 from The Watford Group and The Center for Industrial Design in Transportation at the Oct. 14 Brunel Awards