(Adds comments from CEO, company spokesman, analyst) April 23 (Reuters) - Canadian National Railway Co on Monday posted a 16.2 percent fall in quarterly profit as operating expenses shot up during the harsh winter, and the country's largest railroad cut its 2018 outlook as capacity limits strained its ability to meet high demand. The backlog…
Posts published in “Uncategorized”
CN will acquire 350 boxcars to serve an increase in demand from industrial customers across the Class I's North American network.Equipped with 12-foot plug doors, the leased, 50-foot, high-capacity plate F boxcars are expected to be delivered beginning in late summer with all the cars in service by the end of the year, CN officials…
The passenger railroad is looking for a firm to build 32 bi-directional trainsets. Photo – VIA Rail Canda Inc. VIA Rail Canada Inc. has issued a request for qualifications (RFQ) for a supplier to replace its fleet that operates along the Quebec-Windsor corridor.The passenger railroad is looking for a firm to build 32 bi-directional trainsets…
General Electric Co. is in talks to sell its locomotive business to rail equipment manufacturer Wabtec Corp., Bloomberg reported late last week.GE is considering combining the GE Transportation business with Wabtec, which has a market valuation of $8 billion, Bloomberg reported citing people familiar with the matter. Bloomberg did not identify the individuals because the…
The S70 model streetcars will operate on the future Orange County Streetcar line. Photo – OCTA The Orange County Transportation Authority (OCTA) on Monday approved a $51.5 million contract to acquire eight S70 model streetcars from Siemens Industries Inc.The units will be used on the future 4.1-mile Orange County Streetcar line, which will run from…
Rail News Home Federal Legislation & Regulation 3/27/2018 Rail News: Federal Legislation & Regulation BNSF addresses STB's service concerns BNSF Railway Co.'s $3.3 billion capital investment plan will put the railroad in a position to meet customers' growth and service expectations this year, President and Chief Executive Officer Carl Ice told the Surface Transportation Board…
The unit arrived in downtown Milwaukee via truck. Photo – Jeff Bentoff The city of Milwaukee yesterday took delivery of the first vehicle for its new streetcar system.The 67-foot, 83,000-pound streetcar arrived from Brookville Equipment Corp.'s plant in Brookville, Pennsylvania. The unit, which rolled off a truck in downtown Milwaukee, will be stored in the…
Rail News Home Federal Legislation & Regulation 3/26/2018 Rail News: Federal Legislation & Regulation CN responds to STB's rail-service concerns JJ Ruest Photo – CN CN President and Chief Executive Officer JJ Ruest has informed the Surface Transportation Board (STB) of the railroad's plan to speed up its service in response to recent shipper complaints.Earlier…
The new units are expected to cost $10 million total. Photo – portlandstreetcar.org Oregon's Portland Streetcar last week obtained permission from the Portland City Council to buy two new streetcars to boost service frequency.To be manufactured by Brookville Equipment Co., the new units will allow for more frequent service on the streetcar system's A and…
Rail News: Mechanical Metra OKs contract to upgrade rolling stock rehab shops GE to modernize locomotives for NS, CP Fort Worth transit agency receives second TEXRail trainset SFMTA tests three-car Muni trains FreightCar America to buy Navistar Inc. rail-car plant TransLink fast-tracks delivery of new SkyTrain cars GE inks $1 billion locomotive agreement in Ukraine…