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USDOT: Four railroads fully met PTC implementation deadline

Rail News Home Federal Legislation & Regulation 1/2/2019 Rail News: Federal Legislation & Regulation USDOT: Four railroads fully met PTC implementation deadline Employees at work in Metra's PTC lab. Photo – Metra As of Dec. 31, four railroads had fully implemented positive train control (PTC) systems and all others mandated to adopt the technology had…

Senate confirms Fuchs, Oberman appointments to STB

Rail News Home Federal Legislation & Regulation 1/3/2019 Rail News: Federal Legislation & Regulation Senate confirms Fuchs, Oberman appointments to STB The U.S. Senate yesterday confirmed Patrick Fuchs and Martin Oberman as Surface Transportation Board (STB) commissioners. Fuchs has been a senior professional staff member working on surface transportation and maritime issues for the Senate…

Canadian environmental agency seeks public feedback on proposed Kamloops yard

Rail News Home Federal Legislation & Regulation 1/7/2019 Rail News: Federal Legislation & Regulation Canadian environmental agency seeks public feedback on proposed Kamloops yard The planned North Thompson Rail Terminal would cover 67 acres. Photo – Source: North Thompson Rail Terminals Inc. The Canadian Environmental Assessment Agency (CEAA) is seeking public input to decide whether…

APTA: Commuter roads met PTC deadline requirements at 2018’s end

Rail News Home Federal Legislation & Regulation 1/4/2019 Rail News: Federal Legislation & Regulation APTA: Commuter roads met PTC deadline requirements at 2018's end The North County Transit District has installed PTC along its line in San Diego County. Photo – NCTD All commuter-rail systems have met the congressional end-of-2018 deadline requirements for positive train…

Technology for clearer station announcements

Technology for clearer station announcements 24 Jan 2019 GERMANY: A public address system which Berlin-based start-up Holoplot has developed with the aim of providing clearer announcements is being trialled on the underground S-Bahn platforms at Frankfurt Hauptbahnhof, where the high frequency of train services means announcements must be made at very short intervals.  Holoplot has…

Hydrogen train goes on tour

Hydrogen train goes on tour 24 Jan 2019 GERMANY: Alstom is taking a Coradia iLint hydrogen fuel cell powered multiple-unit on a tour of six Länder between late January and mid-February. ‘This roadshow is a great opportunity for passengers, media and political stakeholders to get to know our Coradia iLint hydrogen train’, said Dr Jörg…

Union Pacific quarterly revenue rises 6 pct

Jan 24 (Reuters) - U.S. railroad operator Union Pacific Corp on Thursday reported a 6 percent rise in quarterly revenue, helped by higher industrial shipments. The Omaha, Nebraska-based company's net income fell to $1.55 billion, or $2.12 per share in the fourth quarter ended Dec. 31, from $7.28 billion, or $9.25 per share, a year…

UPDATE 1-Union Pacific profit beats on higher industrial demand, cost cuts

(Adds details on operating ratio, estimates) Jan 24 (Reuters) - U.S. railroad operator Union Pacific Corp on Thursday reported a better-than-expected quarterly profit, as higher demand for industrial shipments and cost controls bolstered results. Its operating ratio - a measure of operating expenses as a percentage of revenue and a key metric for Wall Street…

UPDATE 2-Union Pacific profit beats, boosted by volume and price gains

(Adds context, executive comment, details on results) Jan 24 (Reuters) - Union Pacific Corp, one of the biggest U.S. railroads, on Thursday reported a higher-than-expected quarterly profit and said efficiency gains will bolster profits in 2019. Shares in the company, which connects 23 states in the western two-thirds of the United States by rail, jumped…

UPDATE 3-Union Pacific profit beats, boosted by volume and price gains

(Adds executive comment, context) Jan 24 (Reuters) - Union Pacific Corp, one of the biggest U.S. railroads, on Thursday reported higher-than-expected quarterly profit and said efficiency gains will bolster profits in 2019. Shares in the company, which connects 23 states in the western two-thirds of the United States by rail, rose 3.3 percent to $159.37.…