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Montreal transit agency taps Bombardier, Alstom to supply more Azur rail cars

The companies will provide 153 additional Azur subway cars, expanding on a 468-car order from October 2010. Photo – Bombardier Transportation A Bombardier Transportation-Alstom consortium has signed an agreement to supply 153 additional Azur subway cars to the Societe de transport de Montreal (STM) for $340 million.The agreement expands on an October 2010 order for…

Metra to buy three used locomotives

The railroad is supplementing its aging fleet as it continues a longer-term procurement of new or remanufactured locomotives, Metra officials say. Photo – Metra Metra's board has approved the purchase of three used F59PH locomotives from Progress Rail for $2.5 million.The railroad is supplementing its aging fleet as it continues a longer-term procurement of new…

Oil pucks and pellets; Canada eyes new ways to move stranded crude

CALGARY, Alberta, Nov 11 (Reuters) - Canada's biggest railroad says it is attracting interest from oil producers in its effort to move crude in solid, puck-like form, as clogged pipelines divert more oil to riskier rail transport. Congested pipelines have stranded much of Canada's crude in Alberta, driving discounts to record-high levels. Canadian heavy crude…

U.S. Rep. Loebsack visits Sivyer Steel for post-bankruptcy update

Rail News Home Federal Legislation & Regulation 11/9/2018 Rail News: Federal Legislation & Regulation U.S. Rep. Loebsack visits Sivyer Steel for post-bankruptcy update U.S. Rep. Dave Loebsack (center) met with Sivyer officials to discuss the firm's progress since it was bought out of bankruptcy proceedings. Photo – Sivyer Steel Corp. U.S. Rep. Dave Loebsack (D-Iowa)…

Canada seeks buyer for Ridley Terminals

Rail News Home Federal Legislation & Regulation 11/7/2018 Rail News: Federal Legislation & Regulation Canada seeks buyer for Ridley Terminals Ridley Terminals operate on Ridley Island in Prince Rupert, where they transfer bulk commodities from rail cars onto ocean-going vessels. Photo – rti.ca The Canada Development Investment Corp. (CDEV) has begun the process of selling…

Canada’s TSB highlights fatigue on safety watchlist

Rail News Home Federal Legislation & Regulation 10/31/2018 Rail News: Federal Legislation & Regulation Canada's TSB highlights fatigue on safety watchlist TSB Chair Kathy Fox discussed the board's 2018 Watchlist at a press conference this week. Photo – TSB YouTube The Transportation Safety Board of Canada (TSB) this week released its Watchlist 2018 to highlight…

Senate bill would provide railroads, ports equal footing for INFRA grants

Rail News Home Federal Legislation & Regulation 10/26/2018 Rail News: Federal Legislation & Regulation Senate bill would provide railroads, ports equal footing for INFRA grants Sen. Tom Carper Photo – Carper's office Sen. Tom Carper (D-Del.) earlier this month introduced S. 3587, a bill that proposes to provide rail, intermodal and port projects a better…

ARCI: Car orders climbed, deliveries declined in Q3

Rail-car orders in the third quarter totaled 24,972 units compared with 23,788 units in the second quarter and 10,348 units in the first quarter, according to quarterly rail-car statistics released earlier this week by the Railway Supply Institute's American Railway Car Institute Committee. In third-quarter 2017, orders totaled 8,671 cars.Car deliveries in Q3 declined to…

UPDATE 2-Union Pacific profit beats, shares rise

(Recasts first sentence with expected impact of U.S. trade policies, adds executive comments, share price) Oct 25 (Reuters) - Union Pacific Corp reported a bigger-than-expected jump in quarterly profit on Thursday and said it was redoubling efforts to run its trains more effectively amid looming risks from new U.S. trade policies and economic softening in…

UPDATE 3-Union Pacific profit beats, shares rise

(Adds detail on operating margin) Oct 25 (Reuters) - Union Pacific Corp on Thursday posted a bigger-than-expected jump in quarterly profit and said it was working to run its trains more efficiently as new U.S. trade policies and economic softening in Europe threaten to slow business down. Shares of Union Pacific, which connects 23 states…