Norfolk Southern plans a capital program of $1.845 billion in 2018, continuing what the railroad calls a balanced deployment of capital.
Construction began early this month on Brazos Yard in Robertson County, Texas. Union Pacific says the $550-million yard is the largest capital investment in a single facility in its history.
UP says Brazos Yard is the first classification yard to be built in more than a generation and will showcase best practices in operating efficiency, technology and innovation. The yard is scheduled to be completed in 2020 and will have the capacity to switch up to 1,300 rail cars per day, making it one of the highest capacity yards on Union Pacific's 23-state network.
Construction began early this month on Brazos Yard in Robertson County, Texas. Union Pacific says the $550-million yard is the largest capital investment in a single facility in its history.
UP says Brazos Yard is the first classification yard to be built in more than a generation and will showcase best practices in operating efficiency, technology and innovation. The yard is scheduled to be completed in 2020 and will have the capacity to switch up to 1,300 rail cars per day, making it one of the highest capacity yards on Union Pacific's 23-state network.
Bergmann, a national engineering firm, has named George Kevgas, PE, as its new vice president of infrastructure for the firm's Atlantic region.
Bergmann, a national engineering firm, has named George Kevgas, PE, as its new vice president of infrastructure for the firm's Atlantic region.
The Federal Transit Administration (FTA) has granted The Santa Clara Valley Transportation Authority (SCVTA) a three-month extension to complete the Federal New Starts funding program's project development phase.
The Federal Transit Administration (FTA) has granted The Santa Clara Valley Transportation Authority (SCVTA) a three-month extension to complete the Federal New Starts funding program's project development phase.
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The Ontario government on Tuesday confirmed that Metrolinx was the victim of a cyberattack by North Korea.
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The Santa Clara Valley Transportation Authority (VTA) received approval from the Federal Transit Administration (FTA) to extend the New Starts project development phase for the 6-mile Bay Area Rapid Transit extension to Silicon Valley.
The deadline to complete the phase has been moved from March to June. VTA made the request so it could refine design considerations for two tunneling methods for the 5-mile segment into downtown San Jose, California, agency officials said in a press release.
In December 2017, New York City Transit presented prototypes of the new cars.Photo – Metropolitan Transportation Authority / Patrick Cashin
[Editor's note: This story was updated at 1:10 p.m. CST.]
Union Pacific Corp. today reported fourth-quarter 2017 adjusted net income rose 5 percent to $1.2 billion, or $1.53 per diluted share, compared with $1.14 billion, or $1.39 per share, for the same period a year ago.
Including the impact of the recently passed federal corporate tax reform, UP posted net income of $7.3 billion, or $9.25 per diluted share for Q4 2017, according to a UP press release.
Union Pacific Corp. today reported fourth-quarter 2017 adjusted net income rose 5 percent to $1.2 billion, or $1.53 per diluted share, compared with $1.14 billion, or $1.39 per share, for the same period a year ago.
Including the impact of the recently passed federal corporate tax reform, UP posted net income of $7.3 billion, or $9.25 per diluted share for Q4 2017, according to a UP press release.
Stadler has acquired Knorr-Bremse subsidiary Swedtrac, which specializes in train modernization. The move is aimed at enabling Stadler to strengthen its presence in the Nordic countries, company officials said in a press release. Swedtrac will join Stadler in the first quarter. In the long term, Stadler aims to transform Swedtrac's site in Tillberga, Sweden, into a major service cente. Financial terms of the acquisition were not disclosed.
Harsco Rail has promoted Allen Branham to vice president of North America sales and global contracting services. He has more than two decades of experience with the company and most recently served as director of U.S. East sales. Branham also has held positions in product management, engineering and project management.
The Long Beach Board of Harbor Commissioners on Monday approved the construction of Pier B on-dock rail support facility at the Port of Long Beach, California.
The facility would provide track space to join together sections of trains assembled at terminals. The ability to build long trains now is limited due to lack of adequate yard tracks and the configuration of mainline tracks, port officials said in a press release.
Norfolk Southern Corp. has appointed John Scheib executive vice president law and administration and chief legal officer as of March 1.
Scheib will succeed William Galanko, who will retire on the same date after 28 years with the railroad, NS officials said in a press release.
New Jersey Gov. Phil Murphy on Monday signed an executive order mandating a full-scale audit of New Jersey Transit.
The audit will review the agency's finances, leadership structure, hiring process and customer service. It also will examine NJ Transit's relationship with Amtrak and its implementation of positive train control.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 20, 2018.
Contact Progressive Railroading editorial staff.
Contact Progressive Railroading editorial staff.