Posts published in January 2019
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 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…
(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…
(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…
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…
Rail News Home Federal Legislation & Regulation 1/7/2019 Rail News: Federal Legislation & Regulation DeFazio to chair House Transportation and Infrastructure Committee U.S. Rep. Peter DeFazio (D-Ore.) Photo – DeFazio's office U.S. Rep. Peter DeFazio (D-Ore.) last week was elected chairman of the House Transportation and Infrastructure Committee for the 116th Congress. DeFazio had been…
Rail News Home Federal Legislation & Regulation 1/14/2019 Rail News: Federal Legislation & Regulation Congress names transportation committee leaders The U.S. House and Senate have established their committee and subcommittee leadership for the 116th Congress, including those related to transportation.In the House, U.S. Rep. Sam Graves (R-Mo.) will serve as the ranking member of the…
Rail News Home Federal Legislation & Regulation 1/11/2019 Rail News: Federal Legislation & Regulation Rhode Island business park awarded grant for freight-rail project Rail-car volume in the Quonset Business Park has tripled since 2007. Photo – Quonset Development Corp. A $3 million federal grant has been awarded to help support Quonset Development Corp.'s (QDC) freight-rail…
Rail News Home Federal Legislation & Regulation 1/15/2019 Rail News: Federal Legislation & Regulation CP 'takes exception' to government probe into Vancouver rail service issues Canadian Pacific executives are taking issue with a Canadian Transportation Agency (CTA) plan to include the Class I in a far-reaching investigation into possible freight-rail service problems in the Vancouver,…