Honolulu to seek line of credit to improve rail’s financial plan

Honolulu Mayor Peter Carlisle presented a proposed solution to further strengthen the financial plan of Honolulu’s rail project, remain on target for its successful completion and obtain full funding in the amount of $1.55 billion from the federal government.

BNSF plans $3.9 billion capital program in 2012

BNSF plans a 2012 capital commitment program of approximately $3.9 billion, a $400 million increase over its 2011 capital spend of $3.5 billion.

Construction completed at GO Transit’s new Allandale Waterfront Station

GO Transit’s new Allandale Waterfront Station in Barrie, ON, Canada, has opened for service. The new station allows GO Transit to extend service further into downtown Barrie, which will improve access and increase ridership on the Barrie line.

Hampton Roads Transit gets new president, CEO

The Transportation District Commission of Hampton Roads in Virginia selected William Harrell as the new president and CEO of Hampton Roads Transit. The vote was unanimous.

Freight railroads to hire 15,000, spend an expected $13 billion in capex

The Association of American Railroads said the nation’s major freight railroads are projected to invest a record $13 billion in capital expenditures in 2012 to expand, upgrade and enhance the nation’s freight rail network. The freight railroads also expect to hire more than 15,000 employees this year, replacing retiring workers and adding new positions nationwide.

Amtrak’s Hiawatha Service sets annual ridership record in 2011

For the first time in its history, Amtrak’s Hiawatha Service between Chicago and Milwaukee, has a ridership that surpassed 800,000 in 2011. The year-end numbers put ridership at 823,163. According to the Wisconsin Department of Transportation, that is a nearly four percent increase from 2010 when ridership totaled 792,848.

Apache Railroad members ratify new UTU contract

United Transportation Union-represented engineers and conductors employed by Apache Railroad in Arizona have ratified a new three-year agreement providing for wage increases, certification pay, improvements in disability and life insurance benefits, an increase in the employer match for a 401-k plan, substantial improvements in the healthcare insurance plan and a reduction in the employee contribution.

BART set to launch next stage of Transbay Tube retrofit

Bay Area Rapid Transit in San Francisco, Calif., is continuing its work of earthquake safety strengthening of the Transbay Tube, which was not damaged in the 1989 Loma Prieta earthquake but remains BART’s top earthquake safety priority.

Chicago South Shore UTU members ratify new pact

United Transportation Union engineers, conductors and collectors employed by Chicago South Shore & South Bend, an electric-line passenger operation between Chicago and South Bend, Ind., have ratified a new two-year agreement.

Watco Companies to provide rail service at Port San Antonio

Port San Antonio in Texas and Watco Companies, L.L.C., plan to launch a new rail service at the Port’s East Kelly Railport.

Pre-construction work begins on Vancouver’s Evergreen Line

Canada’s Evergreen Line in Vancouver, B.C., is taking a major step forward with pre-construction beginning in the next couple of weeks, bringing new jobs and improved transit options for residents of Metro Vancouver.

Secretary LaHood proposes streamlining major transit awards

U.S. Transportation Secretary Ray LaHood proposed a significant change in the way major transit projects compete for federal funds by streamlining the process and making decisions more responsive to local needs.

PATH reports record ridership in 2011

The Port Authority of New York & New Jersey’s PATH rail system reported record ridership in 2011, with 76.6 million commuter trips made during the year, the highest number since the agency took over operation of the system in 1962.

Dulles rail tunnel completed

The Dulles Corridor Metrorail Project in northern Virginia has completed the tunnel that will carry the future rail line under a portion of Tysons Corner, Va., just outside of Washington, D.C.

Wood Energy Group names Ryan president

Jon Ryan has been named president of The Wood Energy Group, Inc., owned by Banyan Rail Serivices Inc.

WSOR’s Madison line rehab nearly complete

Wisconsin & Southern Railroad LLC will soon complete a major capital project to rehabilitate a publicly-owned railroad corridor between Madison and Milton, Wis. The project, expected to be completed this year, consists of installing 30,000 railroad ties, upgrading 21 public at-grade railroad crossings and installing 32 miles of continuous welded rail in the following communities: Madison, McFarland, Stoughton, Edgerton and Milton.

CSX names new COO and CFO

CSX Corporation appointed Oscar Munoz as executive vice president and chief operating officer and Fredrik Eliasson as executive vice president and chief financial officer, effective immediately.

Metro-North ridership beats LIRR numbers

New York Metropolitan Transportation Authority Metro-North Railroad provided 82 million rides last year, up 1.4 percent over 2010, with ridership gains on all lines and in all markets from traditional morning inbound commutation to nights, weekends, middays and holidays.

HART’s GET revenue surpasses projections

The General Excise and Use Tax (GET) surcharge collected this past quarter for Honolulu’s rail project came in significantly higher than projected, marking the third consecutive quarter that revenue has surpassed projections, the Honolulu Authority for Rapid Transportation reported.

L.B. Foster names new CEO

L.B. Foster Company appointed Robert Bauer as president and chief executive officer and member of the board of directors, effective February 1, 2012. Bauer joins the company from Emerson Climate Technologies where he previously served as president of the Refrigeration Division, a business of Emerson Electric Co. Bauer also served as president of Emerson Network Power’s Liebert Division.

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