MARTA Interim GM and CEO Elizabeth O'Neill said the contract will be worth nearly $1 billion. Photo – MARTA's YouTube account By Daniel Niepow, Associate EditorThe Metropolitan Atlanta Rapid Transit Authority (MARTA) late last week unveiled plans to replace its entire rail-car fleet.In the 2018 "State of MARTA" address, Interim General Manager and Chief Executive…
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In December 2017, New York City Transit presented prototypes of the new cars. Photo – Metropolitan Transportation Authority / Patrick Cashin [Editor's note: This story was updated at 1:10 p.m. CST.]The Metropolitan Transportation Authority's (MTA) board yesterday approved a $1.4 billion contract with Kawasaki Rail Car Inc. for 535 next-generation subway cars.Known as R211 units,…
The first train is slated to enter service as early as today. Photo – Bay Area Rapid Transit The California Public Utilities Commission earlier this…
Rail-car orders in fourth-quarter 2017 totaled 8,501 units compared with 8,671 units in the third quarter and 4,866 units in fourth-quarter 2016, according to quarterly statistics released this week by the Railway Supply Institute's American Railway Car Institute Committee (ARCI).Car deliveries in Q4 2017 rose to 13,404 units from 11,015 units in Q3. Deliveries for…
BNSF Railway Co. will spend $3.3 billion on capital expenses this year, the Class I announced yesterday.The investment is the same amount as last year's capital budget, according to a BNSF press release.This year's capital plan reflects BNSF's continued focus on maintaining its network as well as expansion projects aimed at meeting customer demands, BNSF…
BNSF Railway Co. will spend $3.3 billion on capital expenses this year, the Class I announced yesterday.The investment is the same amount as last year's capital budget, according to a BNSF press release.This year's capital plan reflects BNSF's continued focus on maintaining its network as well as expansion projects aimed at meeting customer demands, BNSF…
(John Kemp is a Reuters market analyst. The views expressed are his own) * Chartbook: http://tmsnrt.rs/2DB9aLY LONDON, Jan 26 (Reuters) - Freight movements in the United States and around the rest of the world are growing at some of the fastest rates this decade, which should provide a big boost for diesel consumption in 2018.…
The class was the largest to graduate in the commuter-rail system's history, according to Keolis. Photo – Keolis Commuter Services Keolis Commuter Services earlier this week graduated 27 new assistant conductors for the Massachusetts Bay Transportation Authority's (MBTA) commuter-rail network.The group, which completed the training program in Somerville, Massachusetts, was the largest class to graduate…
OMAHA, Neb. (AP) — Union Pacific reported $6.1 billion jump in fourth-quarter profit thanks to a sweeping change in U.S. tax laws, but the profit growth was a more modest $60 million when that one-time benefit is stripped away. The Omaha, Nebraska, railroad on Thursday reported a profit of $7.28 billion, or $9.25 per share.…
