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…
Posts published in “Day: October 26, 2018”
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…
(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…
(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…