FreightCar America Reports Strong Second Quarter 2009 Results

September 23, 2009 News Wire 0

CHICAGO — FreightCar America reported net income of $7.0 million, or $0.59 per diluted share, for the three months ending June 30 on revenues of $104.3 million. For the second quarter of 2008, the company generated sales of $141.3 million and a net loss of $400,000, or $0.03 per diluted share. These 2009 results are consistent with the preliminary second quarter financial metrics that the company announced on July 28, officials said. The company recently announced that it had identified historical accounting errors in accounts payable that resulted in the understatement of its cumulative net earnings since the fourth quarter

BNSF Burlington Bridge Upgrade Work Begins

September 23, 2009 News Wire 0

FORT WORTH, Texas — Work has started to replace BNSF Railway’s 118-year-old swing span over the Mississippi River at Burlington, Iowa, with a modern lift span that will increase the river channel width from 150 feet to 307 feet 6 inches. The $70 million project is scheduled for completion in the summer of 2011. Construction of the lift span is being financed in part through the American Recovery and Reinvestment Act of 2009 and previous year appropriations under the Truman-Hobbs Act, which provides federal funds for the alteration of bridges found to be unreasonably obstructive to navigation. The Truman-Hobbs Bridge

CN Announces Enhanced Calculator to Estimate Greenhouse Gas-Emissions for Multi-Modal Shipments

September 23, 2009 News Wire 0

MONTREAL — CN has unveiled an upgraded on-line greenhouse gas-emissions (GHG) calculator that estimates total carbon emissions for shipments across multiple modes of transportation. The new calculator, located at, generates carbon-emission estimates for shipments using a combination of vessel, rail and truck – such as containers moving internationally from Asia to North American destinations along CN’s network — or domestic shipments using a combination of rail and truck or a single mode of transportation. “CN is more than a railway – today we offer the marketplace total transportation solutions involving rail, truck, vessel, as well as warehousing and distribution

NTSB Fills Senior Management Positions

September 23, 2009 News Wire 0

WASHINGTON — National Transportation Safety Board Chairman Deborah A.P. Hersman this week filled two senior management positions at the agency. David L. Mayer was named Managing Director, the senior career position at the Safety Board.  Mayer has been Deputy Managing Director since January 2005. Mayer began his career at the Safety Board in 1991 in the Office of Research and Engineering, where he was responsible for transportation safety databases, and for the design and management of safety studies. In 1996 he moved to the Office of Aviation Safety, where he worked on a number of the Board’s investigations. He was

The slow train to Atami

September 23, 2009 Todd DeFeo 0

ATAMI, Japan – The regular commuter train from Tokyo to Japan is slow, to say the least – especially compared to the high-speed bullet trains that speed across the countryside. The local train stops at town after town, and the crowd of people aboard the train as we pulled out of Tokyo thins out more and more with each stop. The world outside the train’s window turns from cityscape to countryside with each mile of the Japanese countryside we traverse. At some of the stations, I stick my head out the door as the train idles, waiting for the precise

Terminal Station harkens back to city’s railroad past

September 22, 2009 Todd DeFeo 0

CHATTANOOGA, Tenn. – During the Civil War, the railroad was vital to Chattanooga, bringing supplies to the troops stationed in the city and also transporting reinforcements to nearby destinations. In April 1862, Chattanooga was the destination of the failed Andrews Raid — a Union raid aimed at destroying the Western & Atlantic Railroad that served the city. Over the years, a number of major railroads served the city, including the Cincinnati Southern Railway, which on March 5, 1880, operated a southbound that departed Cincinnati bound for Chattanooga that was nicknamed Chattanooga Choo Choo, or so the story goes. During its

Union Pacific Recognized Among Nation’s Top 50 ‘Best Places to Launch a Career’ by BusinessWeek

September 22, 2009 News Wire 0

OMAHA, Neb. — Union Pacific has been named one of the nation’s top 50 “Best Places to Launch a Career” by BusinessWeek. The magazine ranks the railroad No. 28 on the list, up from No. 39 last year. “We are proud to be recognized again by BusinessWeek,” said Barb Schaefer, Union Pacific senior vice president – Human Resources. “While hiring levels have declined in conjunction with Union Pacific’s business levels during the global recession, we continue to look for ways to bring top talent into our organization. Over the next several years, we expect retirements and business growth will create

Last Steam Locomotive Built For Union Pacific Visits North Platte During Railroad Celebration

September 22, 2009 News Wire 0

NORTH PLATTE, Neb. — Thousands descended on North Platte, Neb., to take in the sights and sounds of Union Pacific Railroad’s No. 844, the last steam locomotive built for Union Pacific, and UP’s Bailey Yard during the area’s RailFest celebration. “The crowds along the route have been tremendous and we sincerely appreciate those who have taken the time to come and experience a part of Union Pacific’s heritage,” said Steve Lee, Union Pacific’s manager – operating practices and one of No. 844’s engineers. “Union Pacific’s historical ties run deep in North Platte so it is only fitting that we display

DOT Presents MARTA With $10.8 Million for Solar Canopies

September 22, 2009 News Wire 0

ATLANTA — The U.S. Department of Transportation awarded MARTA with a $10.8 million grant under the Transit Investments for Greenhouse Gas and Energy Reduction (TIGGER) Grant Program. The grant will be used to install energy-efficient solar panels at the Laredo Bus Maintenance Facility in Decatur, Ga., resulting in considerable cost-savings for MARTA and creating much-needed economic opportunities for metro Atlanta, officials said. The TIGGER award represents “a timely and substantial contribution” to MARTA’s sustainability initiatives and continuing commitment to be innovative and cost-effective, MARTA said in a news release. The turnkey project will provide for shade structures with integrated, grid-tied

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