Amtrak is preparing to revamp its network of passenger trains in order to boost ridership, The Wall Street Journal reported.Mimicking its popular Northeast Corridor route elsewhere in the country could increase the number of passengers by millions.Changing up its service would impact its storied long-distance routes. Stan Honda | AFP | Getty Images An Amtrak…
Posts published in February 2019
CNBC's Jim Cramer explains why the worries of a near-term recession are overblown.The "Mad Money" host also sits down with the CEOs of Hasbro, S&P Global and Norfolk Southern.In the lightning round, Cramer gives the short and long of it for a gene therapy play. Lightning round: The long and short of CRSP In Cramer's…
Rail News Home Mechanical 2/6/2019 Rail News: Mechanical Rail supplier news from Siemens, Alstom, GE, Progress Rail, PS Technology, Astronics, Ondas and RailcarRx (Feb. 6) The European Commission yesterday rendered a decision prohibiting the proposed merger of Siemens' and Alstom's mobility businesses. As a result, the merger will not proceed, officials from the companies said…
Rail News Home Mechanical 2/6/2019 Rail News: Mechanical Houston METRO orders more Siemens light-rail vehicles Houston METRO now has ordered 51 S70 light-rail vehicles. Photo – Siemens The Metropolitan Transit Authority of Harris County, Texas (METRO) has ordered 14 light-rail vehicles (LRVs) from Siemens Mobility.The latest purchase marks Houston METRO's third order for Siemens Mobility…
Rail News Home Federal Legislation & Regulation 2/5/2019 Rail News: Federal Legislation & Regulation NTSB updates list of most wanted safety improvements Six safety recommendations are repeated from the 2017-18 most wanted list. Photo – Source: NTSB The National Transportation Safety Board (NTSB) yesterday unveiled its 2019-20 list of most wanted transportation safety improvements.Launched in…
Rail News Home Federal Legislation & Regulation 2/4/2019 Rail News: Federal Legislation & Regulation STB installs Fuchs as vice chairman for 2019 Patrick Fuchs Photo – Patrick Fuchs' LinkedIn page The Surface Transportation Board (STB) has designated Patrick Fuchs as vice chairman. The vice chairmanship rotates among board members each year.Fuchs was sworn in last…
Rail News Home Federal Legislation & Regulation 1/31/2019 Rail News: Federal Legislation & Regulation ASLRRA holds fly-ins to build BRACE Act support in DC The American Short Line and Regional Railroad Association (ASLRRA) held a fly-in yesterday in Washington, D.C., to garner congressional support for the Building Rail Access for Customers and the Economy (BRACE)…