Equities research analysts forecast that Greenbrier Companies Inc will report earnings of $0.96 per share for the current fiscal quarter, according to Zacks Investment Research . Four analysts have issued estimates for Greenbrier Companies' earnings, with the lowest EPS estimate coming in at $0.80 and the highest estimate coming in at $1.14. Start the conversation,…
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Canadian Pacific Railway Limited - Desjardins issued their Q1 2018 earnings estimates for Canadian Pacific Railway in a research report issued on Friday. Desjardins analyst B. Poirier forecasts that the transportation company will post earnings of $2.34 per share for the quarter. Start the conversation, or Read more at AmericanBankingNews.com.
CSX Corp. appears to have made strides to ease the problem of blocked railroad crossings, which reached a new threshold in October with a nine-hour delay in Plymouth . Plymouth and Canton officials say the situation has shown marked improvements following a new round of talks in late November with CSX representatives. Start the conversation,…
FEC's locomotives use an LNG "kit" that allows for dual fuel capabilities. Photo – Florida East Coast Railway Florida East Coast Railway (FEC) last week offered a tour of its liquid natural gas (LNG) operations in Jacksonville, Florida, to U.S. and global representatives from a range of industries.The tour was offered as part of the…
The units will be used on the agency's Tacoma Link line. Photo – Sound Transit Sound Transit's board yesterday approved a $26.5 million order for five Brookville Equipment Corp. light-rail cars for the Tacoma Link extension. The new vehicles will begin arriving in third-quarter 2020, with full delivery to be completed by first-quarter 2021. The…
The R211 cars include wider doors to speed boarding. Photo – New York Gov. Andrew Cuomo's office MTA New York City Transit (NYCT) today will begin offering tours of a prototype of its newest class of subway cars.Riders may tour the new R211 car design and its features today through Dec. 6 at the the…
The four-car consist is part of a 136-car order. Photo – Hitachi Miami-Dade Transit yesterday placed its first new Hitachi Rail Italy train into passenger service. The four-car consist is the agency's first new train to enter service since the Metrorail system opened in 1984, Miami-Dade County officials said in a press release.The train is…
ECP brakes would have been required on certain tank cars. Photo – Railway Supply Institute Yesterday, the U.S. Department of Transportation (USDOT) repealed a May 2015 rulemaking that would have required the installation of electronically controlled pneumatic (ECP) brakes on certain tank cars, according to U.S. Sen. John Thune (R-S.D.). The USDOT had until Dec.…
The company provided locomotives for the Maryland Area Regional Commuter service and SEPTA. Photo – Siemens Siemens has delivered new locomotives to the Maryland Transit Administration (MTA) and the Southeastern Pennsylvania Transportation Authority (SEPTA).The MTA has received three Charger locomotives for its Maryland Area Regional Commuter (MARC) service. The MTA has ordered a total of…
CN today announced it chose Toyo Engineering Canada Ltd. to design and carry out a pilot project associated with producing CanaPux™ pellets.The project is a key step toward demonstrating the commercial viability of moving bitumen in solid form by rail, CN officials said in a press release. The Class I worked with InnoTech Alberta to…