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DART expands to Camp Wisdom and UNT Dallas
Written by: Ben Vient, Managing EditorDallas Area Rapid Transit (DART) announced its Blue Line added three miles and opened new stations at Camp Wisdom and UNT Dallas, effective October 24. “Residents...
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Cubic wins Northern station gate contract
Written by: Ben Vient, Managing EditorCubic Transportation Systems (CTS) announced October 24 it was awarded a contract from Northern, the U.K.’s largest train operator outside London, to supply...
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Hitachi unveils Miami metro cars
Written by: Ben Vient, Managing EditorHitachi Rail presented October 24 the first vehicle for the new Metro for Miami-Dade County, with the Miami Mayor Carlos Gimenez and the Japanese Consul General...
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CTA proposes $1.524 billion budget for 2017
Written by: Ben Vient, Managing EditorThe Chicago Transit Authority on October 24 proposed a balanced $1.524 billion operating budget that holds the line on base fares and preserves bus and rail...
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Wabtec reports 3Q results and updates Faively Transport acquisition
Written by: Ben Vient, Managing EditorWabtec Corporation reported on Oct. 25 results for the 2016 third quarter, updated 2016 full-year guidance and announced modified terms for its acquisition of...
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Greenbrier FY16 results: Record revenue of $2.68 billion
Written by: Ben Vient, Managing EditorGreenbrier on Oct. 25 reported results for its fourth quarter and fiscal year ending Aug. 31, 2016, as well as orders for 2,300 railcars valued at $200 million....
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First Guadalajara Line 3 train heads for Mexico
Written by: Keith BarrowThe first of 18 three-car Metropolis trains for Guadalajara metro Line 3 has left Alstom’s Santa Perpetua de Mogoda plant near Barcelona for the nearby port of Tarragona on the...
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CN 3Q: "Outstanding results"
Written by: Ben Vient, Managing EditorLuc Jobin, CN president and chief executive officer announced CN's third quarter results on October 25: "With solid execution from our industry-leading operating...
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Savage opens transloading facility in Iowa
Written by: Ben Vient, Managing EditorSavage announced Oct. 25 the start of transloading in Daveport, Iowa. Bulk material handling and rail transloading services will occur at the Trans Load Facility...
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Road & Rail Services marks 30 years
Written by: William C. Vantuono, Editor-in-ChiefLongevity is common in the railway supply business, even though many companies have been through the merger and acquisitions process. Louisville,...
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NJT completes PTC radio spectrum acquisition; sets ops, capex budgets
Written by: William C. Vantuono, Editor-in-ChiefNew Jersey Transit has executed a lease agreement with the New York Metropolitan Transportation Authority for the last component of radio spectrum needed...
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AAR: weekly intermodal volume up 2.6%
Written by: Ben Vient, Managing EditorThe Association of American Railroads (AAR) on Oct. 26 reported for the week ending Oct. 22, 2016, total U.S. weekly rail traffic was 544,092 carloads and...
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NS 3Q: Record-low OR
Written by: Ben Vient, Managing EditorNorfolk Southern on Oct. 26 reported third-quarter 2016 results with a record low operating ratio, which improved to 67.5%, reflecting a 10% reduction in operating...
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GBX stock slide "unwarranted": Cowen and Company
Written by: William C. Vantuono, Editor-in-ChiefInvestors tend to be a fickle, knee-jerking lot, and when it comes to railroads or railroad suppliers, often clueless. Case in point: The Greenbrier...
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Siemens to electrify Quito metro Line 1
Written by: Dan TempletonThe Acciona-Odebrecht construction consortium, building the first metro line in the Ecuadorian capital Quito has commissioned Siemens to electrify the line. The scope of the...
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27 more Siemens S70 LRVs to the Twin Cities
Written by: Ben Vient, Managing EditorSiemens has been chosen by The Metropolitan Council to manufacture 27 new light rail vehicles that will operate on the Twin Cities’ Metro Transit Southwest line...
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AAR to STB: "Terminate this proceeding"
Written by: William C. Vantuono, Editor-in-ChiefIn comments filed with the Surface Transportation Board regarding Reciprocal Switching, STB Ex Parte No. 711 (Sub-No. 1), the Association of American...
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Providence and Worcester shareholders approve GWI acquisition
Written by: Mischa Wanek-Libman, Engineering EditorShareholders of Providence and Worcester Railroad Company (P&W) voted to approve the proposed acquisition of PWRR by Genesee & Wyoming Inc....
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The state of Intermodal
Written by: William C. Vantuono, Editor-in-ChiefCoal is no longer king and will not return to the position it once held as the industry’s largest revenue stream. Crude oil might bounce back, a little....
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Cubic extends with MARTA
Written by: Ben Vient, Managing EditorCubic Transportation Systems (CTS), on Oct. 28 announced the award of a $12.7 million, two-year contract extension from the Metropolitan Atlanta Rapid Transit...
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