news

  • News

Train crew employment up 1.07% in month

U.S. Class I railroads employed 57,198 transportation (train and engine) workers in mid-October, an increase of 1.07% from September, though still 15.27% below October 2008 numbers. The month-to-month increase in train crew workers was one

metrolinx_logo.jpg

Metrolinx, TTC explore 3P approach for three projects

Metrolinx and the Toronto Transit Commission are reaching out to the private sector for possible design-build-finance approaches to advance three rail projects. TTC would operate and maintain the new lines, eschewing half of the “DBOM” (design-build-operate-maintain) approach, but the agency duo still seeks to employ a private-public partnership to expedite construction.

 

  • News

Florida governor “optimistic” on SunRail service

Florida Gov. Charlie Crist said Tuesday he’s "hopefully optimistic" state legislators will support the latest effort to establish SunRail passenger rail service. Crist has maintained support for the proposal despite its repeated

  • News

Railinc honored for “industry driven technology”

Railinc Corp. Tuesday said it has been named a winner at the 2009 NCTA 21 Awards in the category of “Industry Driven Technology Company.” The awards, bestowed annually by the North Carolina Technology

  • News

GE, CSR Qishuyan take next step with joint venture

One day after GE Transportation announced an agreement to provide 300 locomotive assemblies for China HXN5 Mainline locomotives produced by CSR Qishuyan with Evolution® Series diesel engines, the two parties announced “formation

  • News

RailRunner N.A. touts ReeferPro chassis for temp-controlled containers

Lexington, Mass.-based RailRunner N.A. Inc. has announced the availability of its Model ReeferProTM 100 chassis for temperature-controlled ISO containers, developed specifically for shippers of produce, frozen or refrigerated foods, pharmaceuticals, and other products requiring

  • News

Alstom lands LRT contract with Casablanca

Alstom SA has been awarded a 190 million euro ($282 million) contract to supply 74 Citadis light rail vehicles to Casa Transports, the public transport opeator in Casablanca, Morocco’s largest city, for the

  • News

New York MTA rail ridership sags

The New York Metropolitan Transportation Authority has released ridership figures showing that all three of its rail operating agencies lost ground in this year’s first eight months. Metro-North Railroad posted the biggest loss, with

  • News

ALK Technologies offers new Graphical User Interface

Princeton, N.J.-based ALKTechnologies, Inc. says it has designed a new Graphical User Interface (GUI) for its users to easily access PC*MILER mileage, toll costs, map data, drivingdirections, and reporting functionality. Web Services

anthony-kruglinski-web.jpg
Commentary
  • News

Financial Edge: Inspect it, or regret it

By Anthony Kruglinski I had a conversation last month with Pat Mazzanti, president of Railroad Appraisal Associates (formerly Norman Seip & Associates), the oldest rail equipment appraisal organization in North America. I

  • News

GE Transportation, China’s CSR Qishuya sign accord

Erie, Pa.-based GE Transportation announced Monday that it has reached an agreement with CSR Qishuyan Locomotive Co., Ltd., based in Beijing, to provide 300 locomotive assemblies for China HXN5 Mainline locomotives produced

warren_buffet_3.jpg
  • News

Buffett predicts economic comeback in 2012

In a rare media interview, Berkshire Hathaway, Inc. chief Warren Buffett told television’s Charlie Rose that while Berkshire’s own businesses (including BNSF Railway) have seen the bottom of the recession, the national economy isn’t

  • News

Passenger rail business lifts Global revenue

Global Railway Industries has reported total revenue of C$16.9 million (US$16.1 million) for this year’s third quarter, compared to C$15.1 million in the third quarter of 2008. Terry McManaman, chairman, president, and