Caltrain dedicated funding is approved by voters
Historically, Caltrain has depended upon rider fares to support its operations. The agency is the only Bay Area transit system without a dedicated revenue source. As is the case with most transit
Historically, Caltrain has depended upon rider fares to support its operations. The agency is the only Bay Area transit system without a dedicated revenue source. As is the case with most transit
The Metropolitan Atlanta Rapid Transit Authority (MARTA) is partnering with Uber for a one-year pilot program to provide customers greater flexibility and more options for their transportation needs when normal MARTA service
Norfolk Southern Corporation today reported financial results for the quarter ended September 30, 2020. During the quarter, the company achieved net income of $569 million, diluted earnings per share of $2.22, and
L.B. Foster has recently installed its next generation Protector X Trackside Friction Management (FM) System on Canadian Pacific’s (CP) Mountain Subdivision in Illecillewaet, British Columbia. This is the first of 46 Protector
The New Jersey Transit Board of Directors has approved a $2.6 billion operating budget for fiscal year 2021 and a five-year capital plan. They support continued investment in personnel, infrastructure and equipment;
AECOM, the world’s premier infrastructure consulting firm, today launched Mobilitics for Pandemic Response, an updated version of its groundbreaking transportation scenario-planning tool originally launched in 2018. This latest iteration helps transit agencies,
Norfolk Southern is currently working through two mainline derailments that will affect customers’ traffic: · At approximately 11 p.m., Thursday, October 22, train 231/22 derailed on the mainline in Midville, Georgia affecting
Union Pacific Corporation (NYSE: UNP) today reported 2020 third quarter net income of $1.4 billion, or $2.01 per diluted share. This compares to $1.6 billion, or $2.22 per diluted share, in the
CSX Corp. [yesterday] announced third quarter 2020 net earnings of $736 million, or $0.96 per share, versus $856 million, or $1.08 per share in the same period last year. Despite lower economic
Canadian National [yesterday] reported its financial and operating results for the third quarter ended September 30, 2020. “CN’s people never stopped working since the beginning of the pandemic and I am proud
“Every now and then, failures of different types of structures are reported in the news,” say Avanish Prasad and Purnima Prasad. “Some of these failures are a result of static and dynamic
Canadian Pacific Railway Limited today announced third-quarter revenues of $1.86 billion, diluted earnings per share (“EPS”) of $4.41, adjusted diluted EPS of $4.12 and an operating ratio of 58.2 percent. “This quarter
Although no longer a familiar name to most of today’s railroaders, Alan S. Boyd was a transportation industry icon during the 1960s and ’70s. He died at the age of 98 yesterday
Last month, RT&S reported on problems at the Metro rail operations control center. Please follow the preceding link to read this story. Metro announced this weekend that an FAA official, Edward Donaldson,
Yesterday, RT&S published a story about Metra bringing suit against Union Pacific for breach of contract. You can read that story via the preceding link. Today, Union Pacific responded to our report
While the pandemic has certainly impacted rail revenues in 2020, including in the third quarter, no one really knew what to expect from the Q3 2020 earnings reports. Kansas City Southern released
Over the past couple of years, leaders of transit companies and U.S. government officials have expressed growing concern about the Chinese Railway Rolling Stock Corporation’s (CRRC) involvement in the manufacturing of commuter
Ed. Note: Union Pacific has responded to our story on the Metra lawsuit. Please follow the preceding link to read their statement. DCL Metra [yesterday] sued Union Pacific Railroad for breach of
Parsons Corporation announced today that the company has been selected by the Southern California Regional Rail Authority (SCRRA) as one of five engineering firms for a three-year $50 million task order contract.
The Port of Virginia needs to complete a rail yard expansion at its Norfolk International Terminals, and will receive a federal grant of just over $20 million through the U.S. DOT’s Port