Latest Rail Industry News
The Association of American Railroads (AAR) has reported that U.S. rail traffic for the week ending January 21, 2017, totaled 530,299 carloads and intermodal units, an 8.1 percent increase compared to the same week in 2016.
Canadian National Railway (CN) has reported increases in net income in the 2016 fourth quarter and the 2016 full year. Fourth quarter net income increased 8 percent to C$1,018 million, with diluted EPS increasing 12 percent to C$1.32, compared with the 2015 fourth quarter.
Norfolk Southern Corporation (NS) has reported financial results for the year 2016 and for the fourth quarter 2016. Yearly results included a net income of $1.7 billion, an increase of 7 percent from 2015′s reported net income of $1.6 billion.
Alstom was awarded its first contract in Taiwan by China Steel Co. for the delivery of 15 Citadis trams for Kaohsiung tramway project phase 2. The tramway is expected to start revenue service in 2019.
The New York Metropolitan Transportation Authority (MTA) is testing two prototypes of portable track vacuum systems which can be quickly deployed, operated from platforms, and moved easily.
The New York Metropolitan Transportation Authority (MTA) is proposing to expand its sleep apnea screening and treatment to its entire system.
Ansaldo STS was awarded a contract worth AUD$44 million by Salini Impregilo - NRW Joint Venture (SINRW) to deliver the signalling and telecommunications system for Perth’s 8 km Forrestf
In 2016, Union Pacific (UP) had the safest year in its 154-year history, with a reportable injury rate of 0.75, down 14 percent from 0.87 in 2015. The employee reportable injury rate is measured by injuries for every 200,000 employee hours worked.
LNVG’s Bombardier-built Fleet. Photo: courtesy of Bombardier.