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Saturday, April 27, 2024

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CSX announces earnings of $449 million

CSX Corporation today announced first quarter net earnings of $449 million, or $0.43 per share, versus $395 million, or $0.35 per share, in the same period last year. This represents a 23 percent year-over-year improvement in earnings per share. “CSX is off to a fast start in a year that will be dynamic and challenging,” [...]

Union Pacific Railroad named top rail transportation provider

Toyota Logistics Services recognized Union Pacific Railroad as the top rail transportation provider with its 2011 President’s Award. Union Pacific received this award for its high level of overall logistics excellence among rail carriers. Union Pacific also received Toyota’s Logistics Excellence Awards for on-time service performance and customer service. Toyota Logistics Services recognizes outstanding performance [...]

DHL to transfer sea freight containers from road to rail

DHL Global Forwarding Freight is making increased use of rail transport for the transportation of containers to the loading terminals of selected shipping companies. DHL will now be using the rail network for consolidated freight containers which have to be...

Railway stations to receive £1m investment for Commonwealth Games

ScotRail today announced a £1 million programme of improvements in passenger facilities at 19 stations in Glasgow and Lanarkshire in the run up to the Commonwealth Games in 2014. This will meet a commitment to Scottish Ministers to deliver enhancements...

TransContainer announces operating results

TransContainer, Russia's leading container transportation company, has announced its preliminary operating results for the first quarter of 2012. The company’s rail container transportation volumes for the first quarter of 2012 increased by 10.7% to 347,000 twenty-foot equivalent units (TEU) compared to...

Ansaldo STS to upgrade Xstrata Coal’s rail infrastructure

Ansaldo STS has been awarded a contract to upgrade the rail infrastructure of Xstrata Coal’s Mine Complex in New South Wales. The contract, worth $10 million involves signalling and train control for the Mine Complex in the Hunter Valley. Ansaldo STS will design, construct, test and commission the signalling, communications and train control system for the rail facility using [...]

Europorte trains to operate on Belgian rail network

The rail freight arm of Groupe Eurotunnel, Europorte, has been certified to operate on the Belgian rail network, Infrabel. This safety certification, issued by the SCCIF (the Belgian railway safety authority) allows Europorte to extend its development in Belgium. Since 19...

CN to acquire 161 locomotives

CN has announced a major locomotive acquisition program to ‘accommodate anticipated traffic growth and to improve operational efficiency, enabling the railway to better serve its customers’. CN will acquire 65 new high-horsepower locomotives as well as 96 second-hand high-horsepower locomotives that will be upgraded. Keith Creel, executive vice-president and chief operating officer, said: “CN’s locomotive [...]

Planning for PortLink project begins in WA

Regional Development Minister Brendon Grylls has announced that $5 million in Royalties for Regions funding had been allocated to commence the planning phase of the long-awaited PortLink Inland Freight Corridor Development Plan. Mr Grylls said the PortLink project – which last week received an additional $2 million commitment in Federal Government funding for the planning [...]

Norfolk Southern slows train speeds on Michigan Line

Norfolk Southern has lowered the railroad operating speed limits on certain sections of the Michigan Line between Dearborn and Kalamazoo that handle both Amtrak’s passenger service and Norfolk Southern’s freight service. These lower speed limits have been imposed to reflect the maximum safe operating speeds for the line, given the line’s condition. Safety is of [...]

Latest News

New trains named after Wrexham Football Hollywood stars

Transport for Wales has named two new trains after the home cities of Wrexham Football Club owners Ryan Reynolds...