The news comes after the railroad received just one response to its initial request for new bi-level gallery cars. Photo – Metra Metra plans to reissue its request for proposals (RFP) for new rail cars and open it up to alternative car designs.The railroad opted to reissue the RFP after receiving only one response to…
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OMAHA, Neb. (AP) — Union Pacific Corp. hauled in 29 percent more second-quarter profit as the railroad handled 4 percent more shipments, but the results might have been better with some operational challenges. The Omaha, Nebraska-based company said Thursday it earned $1.51 billion net income, or $1.98 per share. That's up from $1.17 billion, or…
(Compares with estimates, adds details on result) July 18 (Reuters) - Canadian Pacific Railway Ltd reported a higher-than-expected quarterly profit on Wednesday as Canada's no.2 railroad operator was helped by higher shipments of commodities like grains and potash. CP said total carloads, the amount of freight loaded into freight cars during a specified period, rose…
OMAHA, Neb. (AP) — CSX Corp. delivered a 72 percent jump in its second-quarter profit as the railroad continues to cut its expenses and improve operations. The Jacksonville, Florida-based company said Tuesday that it earned $877 million, or $1.01 per share in the quarter. That's up significantly from last year's $510 million, or 55 cents…
Rail News Home Federal Legislation & Regulation 7/17/2018 Rail News: Federal Legislation & Regulation FTA unveils FY2018 apportionments document Yesterday, the Federal Transit Administration (FTA) published a notice in the Federal Register about its fiscal-year 2018 apportionments, which include policies, procedures, streamlining activities, authorized funding levels, program details and funding availability.The notice details $13.4 billion…
Rail News Home Federal Legislation & Regulation 7/16/2018 Rail News: Federal Legislation & Regulation Transport Canada announces clean-rail research grant awards The Canadian government last week announced grant funding for 10 projects under the Clean Rail Academic Grant Program.Under the program's fifth round of funding, the 10 projects will each receive a grant of up…
Rail News Home Federal Legislation & Regulation 7/16/2018 Rail News: Federal Legislation & Regulation FRA hosts PTC symposium on interoperability issues Ronald Batory Photo – Federal Railroad Administration The Federal Railroad Administration (FRA) today is holding the second of three symposiums for the 41 railroads required to implement positive train control (PTC) systems.Attending the symposium…
Rail News Home Federal Legislation & Regulation 7/13/2018 Rail News: Federal Legislation & Regulation Panhandle Northern Railroad seeks CRISI grant for safety improvements The city is the lead applicant for the grant, but is joined by the short line and the Panhandle Regional Planning Commission as co-applicants Photo – City of Borger website The city…
Rail News Home Federal Legislation & Regulation 7/13/2018 Rail News: Federal Legislation & Regulation FRA's Batory tours CSX's Virginia Avenue Tunnel project FRA Administration Ronald Batory (center, in dark suit and red tie) toured CSX's Virginia Avenue Tunnel project, which is slated to wrap up this year. Photo – National Railroad Construction and Maintenance Association…
The P865 models debuted on Metro's Blue Line when it opened in July 1990. Photo – LA Metro's blog The Los Angeles County Metropolitan Transportation Authority (Metro) next month will retire its remaining P865 light-rail cars.Manufactured by Nippon Sharyo, the P865 models debuted on Metro's Blue Line when it opened in July 1990. The agency…