Resuming a push for streetcar expansion interrupted by Hurricane Katrina in 2005, New Orleans’ Regional Transit Authority is advocating additions (or extensions) to its existing operations, at a projected cost of $212
By Tony Kruglinski, Financial Editor I would like to use this month’s Financial Edge to comment on the standards of honesty and ethical behavior that we have come to expect in our
By William C. Vantuono, Editor One of the best ways to compare the performance of the railroads against the economy is to examine some of the data that economists—those people that practice
U.S. railroads reported 327 fatalities in the first six months of 2009, mostly due to trespassing and highway-rail grade crossing collisions. That was an 11.9% improvement over the 371 fatalities reported in
Canadian National Friday officially opened its new C$14 million (US$13 million) Toronto Automotive Compound at MacMillan yard, north of the Ontario provincial capital. The new facility’s track layout will accommodate the unloading
The Federal Railroad Administration has awarded $28 million for continued planning of a proposed maglev operating linking downtown Pittsburgh with the city’s international airport. The proposal has survived for nearly 30 years,
Jay Walder, confirmed by the New York State Senate Thursday as the new chairman and CEO of the Metropolitan Transportation Authority, has vowed to initiate change within the organization, starting with its
The Association of American Railroads late Thursday reported that, while U.S. freight rail carloads of 1,116,182 for August were 16.4% lower compared with the same month last year, the percentage decline for
Seven of the 19 carload freight commodity groups charted by the Association of American Railroads showed gains for the week ended September 5, compared with the corresponding week in 2008. The gains
The Chicago Transit Authority has awarded a $4.3 million contract to Teleste Corp. of Georgetown, Tex., for the supply of two new types of high-resolution digital security cameras and related equipment. One type will be
Norfolk Southern Corp., reflecting the growing interest by Class I railroads to cooperate with passenger rail interests to the benefit of both parties, says it would cost just $75 million to upgrade
Ottawa will pay Siemens Canada and two other contractors C$36.7 million (US$33.9 million) to settle a lawsuit triggered when the city abandoned efforts to build a C$1 billion north-south light rail line. The project had been approved by the city council, but rejected by the council in late 2006 after an election changed the body’s representation.
Blue Anchor, N.J.-based ProTran1 says it has worked with both Amtrak and the Fire Department of New York to develop a wireless 30KV voltage sensing device, initially designed to be used as
The railroads are well-positioned for the recovery—a point emphasized by the railroad industry speakers at the September 9-10 Dahlman Rose & Co. 2009 Global Transportation Conference in New York City, moderated by
Denver is opting for electric multiple-unit (EMU) rail service to link the city’s proposed regional rail system, with its hub at Denver Union Station, with Denver International Airport. The city’s Regional Transportation
Amtrak Wednesday implemented a “multi-force security surge” at stations and on trains in the Northeast Corridor, which included “random passenger bag inspections at unannounced locations,” according to the Transportation Security Administration. A
General Electric Co. is seeking to secure Chinese business partners for its technology infrastructure unit, as it moves to increase its role for both rail and wind power business in the world’s
B.H.I.T., Inc. , a publicly traded company based in Boca Raton, Fla., has acquired 100% of the equity securities of the Wood Energy Group, Inc. for $6.4 million. St. Louis-based Wood Energy is a railroad tie reclamation/energy
The six-year, $500 billion surface transportation bill spearheaded by Rep. Jim Oberstar (D-Minn.), chairman of the House Transportation & Infrastructure Committee, would terminate the Section 130 rail-highway grade crossing program two years
The American Public Transportation Association released a report Sept. 4 showing that an individual in a two-person household can save an average of $762 a month by taking public transportation and living with one
