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Rail News: April 2005

April 29

Budget deficit blues: Caltrain to raise fares more than 20 percent, reduce several services AAR update: U.S. roads continue to move more carloads, intermodal loads L.A. MTA OKs funding plan for Exposition light-rail project RailAmerica's 1Q earnings and revenue up, operating income and ratio down Sound Transit unveils regional long-range plans Short line association shuffles board Greenbrier, Babcock & Brown team up to obtain, lease out rail cars North American Technologies Group names Dorman CFO

April 28

BNSF sets quarterly revenue, income and earnings records CSX stays its 'continuous improvement' course by increasing quarterly income and revenue, decreasing costs and operating ratio 1Q: CPR's revenue reaches $1 billion mark, operating ratio drops to low 80s Amtrak, PennDOT continue to reconstruct the Keystone Corridor UTU carries out short strike against BNSF TriMet marks anniversary of Interstate MAX Yellow Line service, designs two new lines Rail-car deliveries will surpass 60,000 this year, Rail Theory Forecasts says VIA adds Crete, Cummings to board

April 27

1Q: NS increases income, improves operating ratio despite costly derailment Rail shippers pay higher rates, live with roads' performance because trucks a 'less attractive' option, UBS survey says Tex Mex T&E workers to log onto KCS' automated crew management system Time flies: SEPTA's airport line marks second decade WMATA names Malasky to head property development division Calgary Transit, CPR stress crossing safety to passengers Ferromex leases 300 covered hoppers from CIT Rail Resources RELCO takes wraps off Iowa locomotive rebuild center Alcatel installs communication system on Egyptian metro line TTX appoints Pokorski VP of equipment

April 26

Anacostia & Pacific leases BNSF track in Minnesota, launches Northern Lines Railway CSXI to pump up May fuel surcharge to 14 percent KCS appoints Howard associate general counsel Wabtec registers first-quarter earnings, income gains Hurst to head TNT Logistics' business development

April 25

FRA issues final train horn rule NJ Transit adds trains on several lines Savage Cos. to enter short-line business by acquiring Alberta RailNet Santa Clara VTA to review engineering study for BART extension WMATA to continue rehabbing escalators, elevators Railroad doing its part to reduce air pollution, CPR says VIA Rail to operate new service to Maritime provinces TranSystems wins engineering award for K.C. flyover design Panasonic provides communication system for NYCT subway cars Greenbrier settles litigation, arranges stock buy-out with late co-founder's estate

April 22

Amtrak develops own reform proposal, seeks different legislation CPR, Vancouver port team up to tap into growing Asia-North America trade U.S. roads set weekly ton-miles record at 33.3 billion, AAR says Acela service may be suspended until summer, Amtrak says Florida East Coast posts quarterly revenue and income gains, lowers operating ratio NJ Transit approves FY2006 fare increase, outlines project plans North Carolina Railroad to improve Raleigh-to-Goldsboro line Watco's K.C. short line leases 15 track miles from BNSF UP honors 19 chemical shippers' safety efforts

April 21

CN posts best-ever first-quarter operating ratio, registers year-over-year revenue and income gains 1Q: UP's results still show effects from operational woes BNSF's board retains 10 members, loses one director to retirement Canadian railway association report: Roads' fuel usage, emissions haven't risen along with traffic, ridership Sierra Railroad ready for 'Skunk Train's' return to California route KCS continues to offer a crossing safety refresher course for police officers 'RailSight' railroad customers surpass 460 mark, Railinc says Greenbrier adds 1,300 rail cars to order count

April 20

U.S. appellate court puts D.C. haz-mat ban on hold Utah agency to build five light-rail lines Federal funds to help CPR find ways to reduce fuel usage From one new start to another: Former Metro Transit execs to take on Phoenix light-rail project Australia to study freight-rail corridor; install interoperable communications and train-control systems VIA Rail to adjust schedules Former UTU VP Miller dies WMATA to welcome passenger comments at monthly board meetings Bombardier to sell Capital subsidiary's inventory financing division

April 19

U.S. district court upholds D.C. haz-mat ban; CSXT to appeal decision CPR cites three reasons to start multi-phased capacity expansion program Group unveils 'vision' for Manhattan light-rail line Bay-area agencies to obtain additional state, federal funds Stengem to retire from BNSF; Schulze selected as successor BART outlines plan to overcome $30 million FY2006 budget deficit Ontario Northland negotiates four labor agreements covering 281 workers CTA updates public on station renovations, Brown Line project NS earns Toyota's top service award, on-time performance honor Spear Technologies, AEA Technology team up to improve asset management software

April 18

House bills propose billions for passenger, freight roads Senate bill aims to improve track inspections, tank-car safety CTA approves fare increase, service cuts STB releases supplemental environmental study on DM&E's Powder River Basin project Houston METRO posts record light-rail ridership in March CSXT assigns five execs to operating department positions RTA report: Tie production picks up in March, but still lags behind purchases BNSF conducts passenger-rail training session AllTranstek acquires Rail Transportation Management Services Cubic to supply regional smart-card system for L.A.-area agencies

April 15

Second time around: Bush Administration reintroduces Amtrak reform legislation CN, terminal operator expect no more container backlogs at Vancouver port SEPTA, TWU extend contract a second time San Mateo transit authority to start preliminary work on San Francisco area corridor NJ Transit proposes $1 billion FY2006 capital budget AAR: U.S., Canadian roads and TFM post weekly traffic gains Alaska Railroad sets income record in 2004 Pennsylvania House green lights funds for new commuter-rail line Railway Tie Association to hold tie grading seminar in mid-July C.K. Industries promotes Meyers to VP

April 14

KCS stresses 'no blind shoves' to maintain safety performance momentum BNSF to reduce rates for Montana grain shippers Caltrain banks on Baby Bullet train additions to reduce budget deficit Siemens to supply high-speed trains for Russian railroad U.S. agency helps fund cargo security program at L.A.-area ports Alameda Corridor a boon to L.A.'s air quality, study shows Butler, Krehbiel to take on new VP roles at UP Engineering firm appoints Noonan to manage transit-rail accounts

April 13

U.S. government agency allocates $108 million in transit-rail security grants CTA to consider cost-cutting measures BNSF bags Toyota's annual service award a second-straight time Northstar commuter-rail authority secures 2005 funding Riverport to build 'AgriPort,' increase car storage capacity Miami transit agency to hike fares Sacramento transit district to add station amenities Global Railway to produce Rafna's rail gears in Pennsylvania instead of Quebec RMI's information technology controls receive approval rating FreightCar America's IPO nets $86 million

April 12

CN, BLET agree on tentative contract KCS to consolidate, improve revenue management system A sign of the times: BART gains riders as gas prices skyrocket Bush to nominate Cino as deputy transportation secretary MARTA to unveil FY2006 budget CSXI introduces Chicago-to-northern New Jersey trailer service WMATA prepares for town hall meeting FCM Rail promotes Marshall to president, appoints two other execs

April 11

Railroads, chemical shippers should continue to label haz-mat carrying rail cars, DHS says CN offers instant carload rates on the Internet CSXT leases southeastern line to Genesee & Wyoming subsidiary Charlotte agency holds hearing on proposed stations Twin Cities & Western appoints Suko GM of operations North American intermodal association issues report reviewing years worth of data

April 8

AAR March traffic tally: U.S. roads score; Canadian roads and TFM fall below par SEPTA continues negotiations with TWU, prepares for possible strike Average train speed still a drag for U.S. Class Is, Smith Barney/Citigroup says Issues beyond railroad's control are affecting grain shippers' service, CN says FTA approves VTA's revised Silicon Valley extension proposal BNSF honors haz-mat shippers' safe-handling efforts Cherry blossom events, start of tourist season spike WMATA's ridership U.S. Class Is rank in upper fourth of Forbes top 2,000 global firms

April 7

CN orders 75 locomotives to meet traffic demands After one-month decline, TSI inches up in January On a roll: Las Vegas monorail carries 1 million passengers in March UP stations hybrid low-emission switcher at Fresno yard San Diego Trolley to open Mission Valley extension in July Foreign exchange: OmniTRAX seeks to generate trade between Canadian, Russian ports MARTA to add residential space to transit-oriented development STB to hike various fees for processing cases

April 6

BART's $523 million FY2006 budget anticipates more costs, fewer jobs Canadian grain shippers' association pans Class Is' service, seeks solutions TRE to open quiet zones in Irving Short-line association hands out annual marketing, safety person awards BART to poll public on Warm Springs extension The end of the Electro-Motive Division era: EMD changes owners, management and name FreightCar America initiates IPO to provide broadband communication services for WMATA Savi adds former homeland security head Ridge to board

April 5

Power purchase: NS to buy 50 more locomotives Canadian Pacific, Elk Valley Coal reach five-year pact Bombardier receives $323 million order to supply 100 locomotives to Italian Railways BNSF Logistics adds Boyd, Richards to management team

April 4

Done deal: KCS completes TFM transaction, names interim CEO for TFM ASLRRA selects BNSF to provide technical training to short-line employees WMATA seeks to curb employee overtime costs BNSF's Los Angeles Division unveils realignment strategy RailAmerica elects former American Airlines exec to the board

April 1

New York, New Jersey port authority contracts Kawasaki to build 340 cars Good Friday slows North American roads' weekly traffic, AAR says CTA lobbies for state funds OmniTRAX to acquire North American RailNet's three U.S. short lines Watco, KCS agree on lease deal to resurrect Mississippi branch line WMATA to upgrade, install automatic train-control systems on 740 cars Rail Theory Forecasts: Ton-mile increase will pressure U.S. roads to acquire more locomotives, cars this year VIA Rail considers adding trains in Ontario CSXT to use 10East's Web-based management system another four years << Previous Next >>
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