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Herzog ballast dumping: No GPS? No problem!
Written by: William C. Vantuono, Editor-in-ChiefHerzog Railroad Services Inc. (HRSI) says its GPS ballast trains “are one of the safest and most efficient advancements of railroad maintenance equipment...
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Detroit finally falls, still lacking rail transit
Written by: Douglas John BowenThe slow-motion car crash, 60 years running, has finally reached its point of no return. Detroit has fiscally fallen. And it's still without serious rail transit to help...
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KCS 2Q earnings, adjusted, beat Street
Written by: Douglas John BowenKansas City Southern reported second-quarter earnings of $15.4 million, or 14 cents a share, Friday, July 19, 2013. Earnings results were down 87% from $120.4 million, or...
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Miami-Dade MPO revives LRT proposal
Written by: Douglas John BowenPlans for a light rail transit line linking Miami and Miami Beach, first floated a decade ago, have been revived by the Miami-Dade Metropolitan Planning Organization. The...
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Analyst: Tank cars still driving orders in 2Q
Written by: Douglas John BowenFigures released Friday, July 19, 2013, by the Railway Supply Institute's American Railcar Institute Committee (ARCI) show that tank cars continued to be a driving force...
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Wabtec to provide PTC for Coaster
Written by: William C. Vantuono, Editor-in-ChiefWabtec Corp. has signed a $9 million contract with Herzog Technologies Inc. to provide Positive Train Control (PTC) equipment and services for Oceanside,...
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June employment up over year ago, prior month
Written by: Douglas John BowenFigures released Monday, July 22, 2013, by the Surface Transportation Board show Class I railroads employed 164,499 people in mid-June, up 0.80% from June 2012, and up 220...
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Bethesda, Md., mulls Purple Line terminus plans
Written by: Douglas John BowenOfficials in Bethesda, Md., and the Maryland Transit Administration (MTA) are moving with some urgency to resolve site plans for a preferred Purple Line light rail transit...
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CN 2Q earnings up from a year ago
Written by: Douglas John BowenCanadian National reported second-quarter earnings of C$717 million (US$694 million), or C$1.69 (US$1.64) per diluted share, up from net income in the comparable 2012...
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Detroit M1 Rail backers outline plans
Written by: Douglas John BowenNotwithstanding the biggest U.S. urban bankruptcy event to date, officially occurring last week, private-sector backers of Detroit's M1 streetcar project are proceeding...
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Norfolk Southern 2Q net income declines
Written by: Douglas John BowenNorfolk Southern Corp. said its second-quarter net income of $465 million in the second quarter was 11% lower than the $524 million notched in the second quarter of 2012....
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Transport Canada: No more one-person crews
Written by: Douglas John BowenTransport Canada said late Tuesday, July 23, 2013 it would now ban one-person train crews, in response to the train derailment and explosion earlier this month in...
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CP sets record 2Q earnings, operating ratio
Written by: Douglas John BowenCanadian Pacific on Wednesday, July 24, 2013 reported record second-quarter net income of C$252 million, or C$1.43 per diluted share, taking pains to also note a record...
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APTA to honor nine for sustainability
Written by: Douglas John BowenThe American Public Transportation Association (APTA) announced Wednesday, July 24, 2013, that that nine public transportation systems and businesses will be recognized...
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Death toll at 80 in Spanish derailment
Written by: Fernando PuenteA Renfe class 730 train derailed on July 24, 2013, on the approach to Santiago de Compostela leaving more than 70 dead and dozens injured. The train left the tracks entirely...
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American Railcar Industries logs strong 2Q
Written by: Douglas John BowenAmerican Railcar Industries, Inc. (ARI) reported second-quarter earnings of $23.6 million, or $1.11 per share, late Wednesday, July 24, 2013, following the close of...
View ArticleRecord 2Q sales, earnings for Wabtec
Written by: Douglas John BowenWabtec Corp. reported record second-quarter earnings and revenue Thursday, July 25, 2013, spurred by what the company said was strong performance in its Transit Group....
View ArticleA turning point for crude by rail?
Written by: Tony Kruglinski, Financial EditorAfter my most recent blog on the CBR (crude by rail) disaster in Canada, I fielded a lot of questions that, while they were often worded differently, all...
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AAR: U.S. carloads down, intermodal up, in latest week
Written by: Douglas John BowenU.S. freight carload volume fell 3% during the week ending July 20, 2013, measured agains the comparable week in 2012, the Association of American Railroads reported...
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BASF Corp. debuts transit-oriented website
Written by: Douglas John BowenWyandotte, Mich.-based BASF Corp. announced Wednesday, July 24, 2013 it had launched a new website targeting public transportation use and BASF's product offerings serving...
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