news

The power of GREEN

In our environmentally conscious society, “green” is probably the most overused or misused word in the English language. Few industries can really stand up and shout that they’re green. The railroad industry, based on what it has been accomplishing with locomotives, is entitled to shout the loudest.

CN’s productivity pipeline

Writing a new chapter in an extraordinary success story.

Paul Tellier took Canadian National public with stunning success, Hunter Harrison’s Precision Railroading model took CN to performance levels that led many investment analysts to crown CN as the world’s finest freight railroad, and now Claude Mongeau, in command since Jan. 1, is taking steps to ensure that CN stays that way.

A natural fit?

No longer content with the “static quo,” Amtrak seeks to establish European-style HSR in the U.S. Northeast—and operate other planned U.S. HSR systems.

Amtrak Vice President-High Speed Rail Albrecht Engel makes two quick points: 1) Amtrak already is an operator of true HSR, “even under international ‘rules,'” courtesy of its Acela service on the Northeast Corridor; and 2) Amtrak wants, and needs, to do much more.

Automated asset management

Sophisticated data collection methods, along with high-tech systems to read and interpret the data, help railroads maximize their assets. Railroads are both asset-intensive and capital intensive. Knowing where and in what conditions those assets are, from rolling stock to sticks of rail or stacks of ties, is a big job, but new systems help with that immense task to help plan short- and long-term operations and maintenance.

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CSX offers iPhone app to customers

CSX on Monday announced the release of a new iPhone application, ShipCSX, that allows customers to track freight shipments and trains across the CSX network. It also provides specifications of rail cars

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PATH marks completion of 340-car order

PATH officials Monday hosted a ceremonial ride employing the final seven PA-5 rapid transit cars of a 340-car delivered by Kawasaki Rail Car Corp. to the bistate agency. The cars replace earlier

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Activist hedge fund invests in CP

Pershing Square Capital Management, an activist hedge fund, reportedly has compiled a stake in Canadian Pacific Railway exceeding 12%. In a regulatory filing, New York-based Pershing Square said CP Rail shares are

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NJ Transit Hoboken Division still hurt by storm

A Halloween feel was in place early Monday morning at New Jersey Transit’s Hoboken Terminal, with the venerable terminal’s concourse eerily deserted on a weekday due to service disruptions on much of

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U.S. freight traffic remains mixed, AAR says

U.S. freight carload traffic fell 0.5% during the week ending Oct. 22, 2011, measured against the comparable week of 2010, the Association of American Railroads said. But U.S. intermodal volume rose 4.2%

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Progress Rail locomotive shop up and running

Progress Rail Services Corp., a subsidiary of Caterpillar Inc., announced that less than 10 months after construction began, its new locomotive assembly facility at Muncie, Ind., has already completed its first diesel-electric

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Bidding begins for Tucson streetcar project

Tucson, Ariz., officials on Friday said contractors can start bidding today on the city streetcar construction project. Bids are due by the end of the month, and the city may select a

Amtrak readies NEC bridge replacement

Continuing to upgrade and replace bridges in Connecticut on its Northeast Corridor, Amtrak is preparing to replace two bridge spans in Stonington, Conn, and will suspend passenger service from 4:00 p.m. Saturday, Nov. 5, though noon Sunday, Nov. 6.  

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11 charged in LIRR disability fraud case

U.S. prosecutors Thursday charged 11 people, including former Long Island Rail Road employees, with an alleged $1 billion fraud involving hundreds of railroad workers filing false disability claims. The fraud reportedly also

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Bombardier wins Switzerland’s Tell Award

Bombardier announced Thursday that it has received the Tell Award for the most significant technology project in Switzerland in recognition of its development for the company’s TWINDEXX Swiss Express intercity trains and

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GWI

The Association of American Railroads Wednesday awarded its 2011 Professional Environmental Excellence Award to Genesee & Wyoming (GWI) Vice President for Motive Power David Powell. Based in Jacksonville, Fla., Powell has 19

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American Railcar backlog at three-year high

American Railcar Industries reported Wednesday that its backlog swelled to approximately 7,110 cars as of Sept. 30, the largest since June 2008. The backlog includes approximately 1,700 cars for lease. The company

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NS: Record earnings, operating ratio at 67.5%

Norfolk Southern Corp. late Wednesday announced record third-quarter net income of $554 million, up 24% compared with the same period of 2010. Diluted earnings per share were a record $1.59, up 14%. 

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RailAmerica revenue and earnings rise

RailAmerica, Inc. third-quarter revenue increased 7% to $104.7 million with average revenue per car up 14% and carloads down 6%, the company announced Tuesday. Non-freight revenue increased 14% to $35.0 million. RailAmerica

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Trinity backlog grows to $2.4 billion

Trinity Industries, Inc. has reported third-quarter net income of $31.9 million, compared with $39.7 million for the same quarter of 2010. Revenue for the third quarter was $796.8 million compared with $540.0

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NYC ponders subway line into New Jersey

A $250,000 study by Parsons Brinckerhoff, due to be publicly released soon, is expected to endorse a proposal to extend New York City Transit’s No. 7 subway line under the Hudson River