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Posts published in “Day: October 25, 2018”

Flirt Akku battery multiple-unit unveiled

Flirt Akku battery multiple-unit unveiled 25 Oct 2018 GERMANY: Stadler has officially unveiled the prototype Flirt Akku, a version of its Flirt family of electric multiple-units which is equipped with a battery to permit operation on non-electrified or partly-electrified routes. The unit was officially unveiled on October 25, when it carried guests between the Stadler…

Union Pacific profit rises 33 percent

Oct 25 (Reuters) - No. 1 U.S. railroad Union Pacific Corp reported a 33 percent rise in quarterly profit on Thursday, boosted by a rise in freight revenue. The company's net income rose to $1.59 billion, or $2.15 per share, in the third quarter ended Sept. 30, from $1.19 billion, or $1.50 per share, a…

UPDATE 1-Union Pacific profit beats on higher freight demand

(Adds third-quarter details, compares with estimates) Oct 25 (Reuters) - Union Pacific Corp, the No. 1 U.S. railroad, topped quarterly Wall Street estimates for profit on Thursday, as it transported more industrial and agricultural products. A strong economy, robust freight demand and a tight trucking market in the United States have buoyed the sector, with…

UPDATE 2-Union Pacific profit beats, shares rise

(Recasts first sentence with expected impact of U.S. trade policies, adds executive comments, share price) Oct 25 (Reuters) - Union Pacific Corp reported a bigger-than-expected jump in quarterly profit on Thursday and said it was redoubling efforts to run its trains more effectively amid looming risks from new U.S. trade policies and economic softening in…

FRA’s Ries receives Operation Lifesaver’s Champion Award

Rail News Home Federal Legislation & Regulation 10/24/2018 Rail News: Federal Legislation & Regulation FRA's Ries receives Operation Lifesaver's Champion Award Ries is staff director of the FRA's highway-rail crossing and trespasser programs division. Photo – Operation Lifesaver Inc. Operation Lifesaver Inc. (OLI) has presented its Champion Award to the Federal Railroad Administration's (FRA) Ronald…