11/7/2016
Rail News: MOW
11/7/2016
Rail News: MOW
11/7/2016
Rail News: Amtrak
Genesee & Wyoming Inc. (GWI) announced last week its completed acquisition of Providence and Worcester Railroad Company (P&W) for approximately $126 million, or $25.00 per share.
BNSF Railway Co.'s third-quarter net income declined 12 percent to $1.02 billion and total revenue fell 8 percent to $5.2 billion compared with third-quarter 2015 results.
Declining coal volumes, as well as weaker shipments of energy-related commodities and certain other industrial products categories were factors in BNSF's results, according to the Class I's website.
11/7/2016
Rail News: Short Lines & Regionals
11/4/2016
Rail News: Supplier Spotlight
11/4/2016
Rail News: Passenger Rail
11/4/2016
Rail News: Rail Industry Trends
11/4/2016
Rail News: Intermodal
The SMART (Internation Association of Sheet Metal, Air, Rail and Transportation workers) Transportation Division’s (TD) Missouri State Legislative Board released the results of a survey Nov. 2 revealing Missouri residents strongly support the addition of transportation options and more stringent safety requirements.
Canadian Minister of Transport Marc Garneau announced a new strategy Nov. 3 aimed at improving the nation’s transportation system.
The New York & Atlantic Railway Company (NYA) announced multiple of upper-level promotions this week, including the promotion of current vice president James P. Bonner to president, effective Nov. 4, 2016.
The N.C. Department of Transportation (NCDOT) announced Nov. 2 the launch of a three-month smartphone application pilot program that will allow North Carolina riders to plan their commutes and track trains in real time.
Metrom Rail, a developer of rail safety technology, released a new, modular PTC offering Nov. 2 that the company says can be implemented without significantly affecting train throughput.
11/2/2016
Rail News: BNSF Railway