Latest Rail Industry News
Union Pacific Railroad (UP) has started construction on a new 102-foot bridge over Bayou Lafourche in Donaldsonville, La., replacing an existing crossing made up of box culverts. The work is scheduled to be completed by year's end.
Bombardier to supply BiLevel commuter rail cars to Metrolinx. Photo: courtesy of Bombardier.
Pennsylvania Department of Transportation’s (PennDOT) Bureau of Rail Freight, Ports and Waterways is accepting applications for the 2016 Rail Transportation Assistance Program (RTAP) and the 2016 Rail Freight Assistance Program (RFAP) through 6 p.m. on August 30, 2016.
The Greenbrier Companies, Inc. has closed on the previously announced acquisition for $10 million of a 19.5 percent ownership stake in
The Port Authority of New York and New Jersey recently announced that PATH ridership in June reached its highest ever monthly total, with approximately 7 million people entering the turnstiles system-wide, a 3.6 percent increase over last year.
FreightCar America, Inc. has reported consolidated revenues of $126.2 million for the second quarter ending June 30, 2016, compared to revenues of $235.6 million in the 2015 second quarter.
Genesee & Wyoming (G&W) has reported its financial results for the second quarter of 2016, with net income of $48.4 million compared to $52.8 million in the second quarter of 2015.
The Association of American Railroads (AAR) has reported that total U.S. rail traffic for July 2016 was 2,027,768 carloads and intermodal units, down 7.9 percent or 174,012 carloads and intermodal units compared with July 2015.