• News

Parsons Brinckerhoff names new chairman

Parsons Brinckerhoff has appointed Richard A. Schrader chairman, succeeding Keith J. Hawksworth, who is retiring after 33 years with the firm. In his new position, Schrader, currently Executive Vice President and Chief

  • News

NYC Transit slashing 1,722 jobs by July 4

New York City Transit’s subway and bus system will eliminate 1,722 jobs—by layoffsor attrition—by July 4, according to information filed with state authorities. The planned elimination of the V and W subway routes

  • News

Genesee & Wyoming cheered by its 1Q performance

Genesee & Wyoming Inc. Thursday said its first-quarter net was $16.0 million, up 15% from $13.9 million recorded in the first quarter of 2009. GWI’s diluted earnings per share of 39 cents

  • News

DART Green Line completion date announced

Dallas Area Rapid Transit has set December 6, 2010 as the date for completion of the final sections of the Green Line light rail project. Two sections, one from MLK, Jr. Station

  • News

CP quarterly earnings up 74%; operating ratio drops

Canadian Pacific earned first-quarter net income of C$100 million, an increase of 74% from first-quarter 2009. Earnings per share were C$0.59, up from C$0.36 and ahead of the Wall Street consensus estimate of C$C0.51.

PTC: What impact on Class II and III?

Although the Railroad Safety Improvement Act of 2008 was written primarily for the Class I’s, many of the short line and regional railroads that touch roughly one out of every five carloads the Class I’s handle will have to deal with this mostly unfunded mandate.

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Seattle’s First Hill streetcar plan inches forward

The Seattle City Council’s Transportation Committee Wednesday unanimously approved a proposed First Hill modern streetcar project, and even seeks to extend the proposed route with surplus funds if construction comes in below

  • M/W

Getting better with the basics

The railroad industry has a safety record that’s the envy of many other industries, yet when railroads think safety, they think continuous improvement. The most important element is a strong safety culture, supported by training and technology.

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Short lines in the Buffett era

Now that BNSF is no longer a public company and is a wholly owned subsidiary of Berkshire Hathaway, what can BNSF’s short lines expect? There are two indicators, both of which are in Warren Buffett’s 2009 Shareholder Letter (available at

  • News

Class I train crew employment up 2.58% in March

In the key category of transportation (train and engine)—train operating crews—employment rose to 57,807 in March, a 2.58% increase over February. This was about double the rate of increase for all employment. That

  • News

Maine rail abandonment goes into mediation

The threatened abandonment of 231 miles of the Montreal,Maine & Atlantic Railway in Maine’s Aroostook and Penobscot counties is going into confidential mediation under the auspices of the Surface Transportation Board. The board said it