news

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Trinity Industries 1Q results termed

Trinity Industries Inc. late Wednesday reported first-quarter net income of $24.2 million, or 30 cents per share, up dramatically from the $2.0 million, or two cents per share, in the first quarter

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GWI reports 1Q results, two deals

Greenwich, Conn.-based Genesee & Wyoming Inc. Thursday reported its first-quarter net income was $22.1 million up 38% from net income of $16.0 million in the first quarter of 2010. GWI’s diluted earnings

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ARI first-quarter loss shrinks

American Railcar Industries Thursday reported a loss of $5.3 million, or 25 cents per share, in the first quarter, less than the $7 million loss it reported in the first quarter of

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EMD ends distribution relationship

Electro-Motive Diesel, Inc. (EMD) said Wednesday it and Rail Systems, Inc. have reached an agreement to dissolve their distributor relationship for rail parts. Rail Systems has served as an EMD distributor since

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NS 1Q earnings and revenue rise

Norfolk Southern late Wednesday reported earnings of $325 million, or 90 cents per diluted share, up 26% from the $257 million, or 68 cents per share, reported in the first quarter of

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California gets grant for U.S.-made rail cars

The California Department of Transportation (Caltrans) will receive a $100 million grant from the Federal Railroad Administration to purchase domestically manufactured rail passenger cars and locomotives for the Pacific Surfliner and San

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RSI white paper urges

In a white paper published Tuesday entitled “Rail Supply Innovation and Buy America Requirements,” the Railway Supply Institute recommended three sweeping changes to current U.S. Buy-America provisions and funding for transit, high

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Bombardier wins Trenitalia add-on order

Bombardier Transportation said Wednesday Trenitalia (Italian Railways) has awarded it a new order to supply an additional 50 E464 electric locomotives, exercising an option to the contract signed in 2009 for the

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ARG Trans chosen to run Oregon short line

ARG Trans has been selected by the Oregon International Port of Coos Bay as the preferred operator for the 133-mile Coos Bay rail line, following interviews with five final candidates in January

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APTA begins search for successor to Millar

The American Public Transportation Association has selected the Washington-based executive recruitment firm of Krauthamer & Associates to lead the search for a new president and CEO to succeed William W. Millar, who

Oak Cliff streetcar may need DART funding

The Dallas City Council may ask Dallas Area Rapid Transit to contribute roughly $20 million to the proposed $37 million Oak Cliff streetcar project, linking Union Station and Methodist Hospital.

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CN 1Q earnings beat Street expectations

CN late Tuesday reported its first-quarter net income increased 31% to C$668 million, or diluted earnings of C$1.45 per share, aided by the sale of a rail line. Excluding that sale, net

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NS Roanoke shops set safety record

Norfolk Southern Tuesday said its Roanoke Locomotive Shops achieved 1 million injury-free employee-hours last month. The facility, near downtown Roanoke, Va., employs about 200 people in the heavy maintenance and overhaul of

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Wabtec reports record 1Q earnings

Wilmerdering, Pa.-based Wabtec Corp. Tuesday reported record earnings and sales in its first quarter, and increased its 2011 earnings guidance. Earnings per diluted share of 85 cents, totaling $41 million, in the

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CP cites weather for first-quarter results

Canadian Pacific Railway Ltd. says severe winter weather cut into volume and increased costs during its first quarter, resulting in earnings of C$33.7 million, or 21 Canadian cents per share. That’s down

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RiverLINE: Injury-free for seven years

The staff of NJ Transit’s RiverLINE diesel light rail system, which runs between Trenton and Camden, N.J., over a right-of-way shared with Conrail freight trains, recently celebrated seven continuous years of operation

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Wi-Tronix aids MBTA water services

Bolingbrook, Ill.-based Wi-Tronix®, LLC said Tuesday that Massachusetts Bay Transit Authority (MBTA) has deployed Wi-Tronix monitoring systems on two of its ferry boats, the Flying Cloud and Lightning. Wi-Tronix says the system

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San Diego sets 40-year transport plan

Metropolitan San Diego has released a 40-year regional transportation development plan which emphasizes light rail expansion, continuing the area’s growing commitment to LRT since it became the first U.S. city to implement

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LRT part of Ore.-Wash. bridge plan

The governors of Oregon and Washington Monday prepared to announce general agreement on a new bridge spanning the Columbia River over Interstate 5 that will include room for light rail transit, as

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KCS 1Q earnings and revenue rise

Kansas City Southern Thursday reported first-quarter net income of $63 million, or 58 cents per diluted share, compared with $33 million, or 34 cents per diluted share, in the first quarter of