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Bombardier INNOVIA APM debuts in Guangzhou

Bombardier Transportation said Monday that the company, in partnership with its customer, the Guangzhou Metro Corp. (GMC), Guangzhou Municipality, People’s Republic of China (PRC), has successfully delivered its INNOVIA APM 100 automated

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Five railroad stocks reach 12-month high

As the Dow Jones Industrial Average Ave reached a level Thursday that wiped out its recession losses, five of North America’s six major railroad were setting records of their own. New 12-monh

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BNSF names Greg Fox EVP operations

BNSF Railway President and Chief Operating Officer Carl Ice announced that Greg Fox has been promoted to executive vice president, operations. Fox has served as vice president, Transportation, since May 2007. Prior

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Pension funds to pay $3.39B to operate U.K. HSR link

British Transport Secretary Philip Hammond announced Friday that two Canadian pension funds will buy the right to operate Britain’s high speed rail ink from London to the Channel Tunnel for 2.1 billion

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With 3Q results, Portec cites positives

Portec Rail Products, Inc. Thursday reported unaudited net income of $1.24 million, or 13 cents per share, for the third quarter, compared with unaudited net income of $2.02 million, or 21 cents

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Mica seeks “better-directed” HSR program

Rep. John L. Mica of Florida, the Republican leader of the House Transportation & Infrastructure Committee, said Wednesday that if he is named chairman of the committee, a priority will be “cost-effective

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AAR: Traffic still outpacing 2009 levels

U.S. carload freight traffic stayed above 2009 levels for the week ending Oct. 30, 2010, up 6.3% compared with a year ago, the Association of American Railroads reported Thursday. U.S. intermodal traffic

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FreightCar America posts loss as orders sag

FreightCar America on Thursday reported third-quarter 2010 revenue of $41.3 million, a net loss of $4.7 million, and per-share earnings of $0.39.For third-quarter 2009, the company generated revenue of $55.1 million, net

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RailComm ranked on Rochester Top 100 list

Fairport, N.Y.-based RailComm has been ranked in the Rochester Top 100 list, based on its dollar and percentage growth, the company says. The Rochester Top 100, now in its 24th year, ranks

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EI Systems notes patent pending status

EI Systems says the United States Patent and Trademark Office has granted a patent-pending status for its web-based Rail Manager® service. Clients use Rail Manager® to track the status and location of

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Metro-North helps craft college curriculum

Connecticut’s Gateway Community College Foundation has honored MTA Metro-North Railroad for “outstanding corporate citizenship” in helping to develop the school’s Rail Engineering Technology (RET) Degree program. MTA said the program is the

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In California, Prop 22 garners 61%

California voters Tuesday appeared to have approved Proposition 22, The Local Taxpayer, Public Safety, and Transportation Act, to protect existing funds that are allocated to local government, public safety, and transportation (including

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Carl Ice named BNSF President, COO

BNSF Chairman and CEO Matt Rose Tuesday said Carl Ice has been promoted to the newly created position of President and Chief Operating Officer, overseeing operations, marketing, and technology services. Ice has

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GWI reports strong third-quarter results

Genesee & Wyoming earned net income of $24.8 million in third-quarter 2010, up from $21.7 million in the third quarter of 2009. GWI’s per-share earnings in this year’s third quarter increased to

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FRA: Fatalities up 12.1% in eight months

The Federal Railroad Administration’s Office of Safety Analysis released preliminary figures Oct. 30 showing 517 fatalities in the first eight months of 2010 compared with 461 in the same period last year,

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Grant to Delaware would fix NEC chokepoint

A $20 million federal grant to Delaware is being touted by state officials as a stepping stone toward improved commuter rail service, particularly in Newark, Del. But the funding could also alleviate

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ARI marks facility’s safety milestone

American Railcar Industries, Inc. says its Bude, Miss., repair facility has reached a significant safety milestone: 2 million consecutive man-hours worked without a lost time injury. This surpasses the previous record of

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Freight cars: “Demand for equipment is recovering”

Economic Planning Associates has upped its freight car production estimate for 2011 from 19,800 units to 22,500 units, with more-substantial growth beginning in 2012, according to its just-released analysis. “After three dismal

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LACMTA approves subway connector plan

The Los Angeles County Metropolitan Transportation Authority board Thursday approved plans to place the proposed Regional Connector in downtown Los Angeles fully underground. The vote authorizes a final phase of study before

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Siemens to build new Amtrak electrics

Amtrak has awarded a six-year, $466 million contract to Siemens Mobility (a division of Siemens Industry, Inc.) for 70 “Cities Sprinter” ACS-64 electric locomotives for Northeast Corridor service. Designed to operate at