Latest Rail Industry News
Metra, the commuter railroad in the Chicago metropolitan area, has temporarily suspended its request for proposals (RFP) for a vendor to build 367 new railcars due to state funding issues. Illinois has put on hold more than $300 million in funding previously budgeted in Metra’s capital program.
CSX has designated a portion of Duke Realty's Lebanon Business Park in Lebanon, Ind., as a CSX Select Site.
Norfolk Southern (NS) has released its new online sustainability report, “What Efficiency Looks Like,” which details NS’ progress toward achieving a balance between its business
Patriot Rail Company LLC (Patriot Rail) has appointed Matthew Reddell vice president and chief safety officer to serve as the senior safety executive charged with leading all safety efforts throughout the company's rail services holdings.
The Association of American Railroads (AAR) has reported that U.S. rail traffic for the week ending August 6, 2016, totaled 531,595 carloads and intermodal units, a 5.5 percent decrease compared to the same week in 2015.
Koppers Holdings Inc., a producer of treated wood products and other services for industries including rail, has reported 2016 second quarter consolidated sales of $385.1 million, a decrease of 10.8 percent, or $46.5 million, from sales of $431.6 million for the same quarter in 2015.
Alstom passenger train for Trenitalia. Photo: courtesy of Alstom.
Harsco Corporation has reported results for the 2016 second quarter, with operating income of $1 million and a diluted loss per share from continuing operations of $0.35. Operating income had a loss provision in rail of $40 million, which included the loss of the company's railway maintenance equipment contracts wit