Rail News Home Federal Legislation & Regulation 10/26/2018 Rail News: Federal Legislation & Regulation Senate bill would provide railroads, ports equal footing for INFRA grants Sen. Tom Carper Photo – Carper's office Sen. Tom Carper (D-Del.) earlier this month introduced S. 3587, a bill that proposes to provide rail, intermodal and port projects a better…
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Driving innovation in rail freight 26 Oct 2018 EUROPE: ‘We need a quantum leap’, suggested DG Move’s Director of Land Transport Elisabeth Werner, speaking at a workshop in Brussels on October 25 to launch the European Rail Industry Freight Agenda. Emphasising that rail freight had a key role to play in the decarbonisation of European…
Rail-car orders in the third quarter totaled 24,972 units compared with 23,788 units in the second quarter and 10,348 units in the first quarter, according to quarterly rail-car statistics released earlier this week by the Railway Supply Institute's American Railway Car Institute Committee. In third-quarter 2017, orders totaled 8,671 cars.Car deliveries in Q3 declined to…
Flirt Akku battery multiple-unit unveiled 25 Oct 2018 GERMANY: Stadler has officially unveiled the prototype Flirt Akku, a version of its Flirt family of electric multiple-units which is equipped with a battery to permit operation on non-electrified or partly-electrified routes. The unit was officially unveiled on October 25, when it carried guests between the Stadler…
(Recasts first sentence with expected impact of U.S. trade policies, adds executive comments, share price) Oct 25 (Reuters) - Union Pacific Corp reported a bigger-than-expected jump in quarterly profit on Thursday and said it was redoubling efforts to run its trains more effectively amid looming risks from new U.S. trade policies and economic softening in…
(Adds detail on operating margin) Oct 25 (Reuters) - Union Pacific Corp on Thursday posted a bigger-than-expected jump in quarterly profit and said it was working to run its trains more efficiently as new U.S. trade policies and economic softening in Europe threaten to slow business down. Shares of Union Pacific, which connects 23 states…
Oct 25 (Reuters) - No. 1 U.S. railroad Union Pacific Corp reported a 33 percent rise in quarterly profit on Thursday, boosted by a rise in freight revenue. The company's net income rose to $1.59 billion, or $2.15 per share, in the third quarter ended Sept. 30, from $1.19 billion, or $1.50 per share, a…
(Adds third-quarter details, compares with estimates) Oct 25 (Reuters) - Union Pacific Corp, the No. 1 U.S. railroad, topped quarterly Wall Street estimates for profit on Thursday, as it transported more industrial and agricultural products. A strong economy, robust freight demand and a tight trucking market in the United States have buoyed the sector, with…
Rail News Home Federal Legislation & Regulation 10/24/2018 Rail News: Federal Legislation & Regulation FRA's Ries receives Operation Lifesaver's Champion Award Ries is staff director of the FRA's highway-rail crossing and trespasser programs division. Photo – Operation Lifesaver Inc. Operation Lifesaver Inc. (OLI) has presented its Champion Award to the Federal Railroad Administration's (FRA) Ronald…
Eurostar deploys interactive robot at St Pancras station 24 Oct 2018 EUROPE: Eurostar passengers in the departure area of London St Pancras station can now interact with a humanoid robot to find more information about their journey. Eurostar expects this to be particularly popular with families. The Pepper robot from SoftBank Robotics was supplied by Robots…