Portec Rail Products,
Inc., was recently named to the Forbes magazine listing of the 200 Best Small Companies. Forbes states that candidates must have annual revenue
between $5 million and $750 million, be publicly-traded for at least one year
and have a stock price no lower than $5. Rankings are based on earnings growth,
sales growth and return on equity in the past 12 months and over the last five
Work on Caltrain's Grade
Crossing Improvement Program, which will enhance safety at 25 grade crossings
in San Mateo County, continues in Menlo Park and Atherton. Work will take place
Nov. 15-19 between the hours of 8 p.m. and 4 a.m. at Fair Oaks Lane and Watkins
Avenue in Atherton and Encinal, Ravenswood and Oak Grove avenues in Menlo Park.
Throughout the project area, at least one lane of the impacted street will
remain open. Flagmen will direct traffic and pedestrians around the
U.S. Sen. Patty Murray announced
a start date of Saturday, Dec. 19, for Link light rail service to Sea-Tac
Airport - 36 days and counting!
At a ceremony in the
Municipality of Chatham-Kent, Ontario, officials kicked off a major rail
infrastructure project to increase and improve the safety, frequency and speed
of passenger rail service all along VIA's busy Toronto-Windsor route.
The Chicago Transit Authority Board approved
a $1.27-billion budget for 2010. The budget proposes management efficiencies,
elimination of more than 1,100 jobs and service reductions. However, due to an
agreement brokered by Governor Quinn's office, a proposed fare increase was
removed from the budget. To replace the $83 million in revenue that was
anticipated from the fare increase, the Regional Transportation Authority will
issue bonds in 2010 and 2011 that will enable the CTA to use eligible capital
funds to support operations and replace those funds with the new RTA revenue. As
a result, the CTA has agreed to maintain current fares for the next two years.
The public is invited to
attend the launch of Minnesota's first commuter rail service, communities
will host local celebrations on Saturday, Nov. 14, at rail stations in Big
Lake, Elk River, Anoka, Coon Rapids and Fridley. Free train rides for a limited
number of people will be available Nov. 14 at the Fridley, Coon
Rapids-Riverdale, Anoka, Elk River and Big Lake stations. No rides will be
provided at the Target Field Station that day. However, people may tour a
Northstar train at the Target Field Station and receive a free Metro Transit
ride coupon good for travel on Northstar at a later specified date.
The Gold Line, a six-mile
light-rail extension, which cost $898 million, will open Nov. 15 with free
rides and entertainment. Here are some details from the Los Angeles Times.
steps proceed to finalize acquisition of the spur by Rusk County Rural Rail
Transportation District from Union Pacific, District 11 state Rep. Chuck Hopson
said he is behind the project, according to the Tyler, Texas, Morning Telegraph.
And Sue Henderson, general manager of Henderson Economic Development Corp.,
declared the spur would aid future growth in the city.
A nine-mile spur prevents
a key West Feliciana Parish industrial site from linking to the remaining 2,900
railroad miles in Louisiana - and to business beyond the state, industry
leaders claim, local media report. The spur runs west from Slaughter in lower
East Feliciana Parish, crosses U.S. 61 at Delombre and enters West Feliciana
Parish shortly before reaching the Renew Paper mill on the Mississippi River.
Track maintenance on the
Orange and Red lines in the Washington, D.C., area Nov. 13-15 will cause
inbound and outbound trains to take turns sharing one track. Customers should
add 20 to 30 minutes to their trips.
Metrorail customers traveling between
the East Falls Church and Ballston-MU Metrorail stations should add at least 20
minutes of travel time to their trips because Metro will replace crossties