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…
Posts published in January 2019
(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…
(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.…
(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…
Rail News Home Mechanical 1/24/2019 Rail News: Mechanical UP set income record, advanced Unified Plan in Q4 By Jeff Stagl, Managing EditorUnion Pacific Corp. today reported record fourth-quarter net income of $1.6 billion and diluted earnings per share of $2.12, up 29 percent and 39 percent, respectively, compared with adjusted results for fourth-quarter 2017.Reported results…
Rail News Home Mechanical 12/10/2018 Rail News: Mechanical Caltrain OKs option for more electric cars, adopts fare policy A rendering of the electric cars. Photo – Caltrain Caltrain’s board late last week unanimously approved the purchase of additional electric train cars to help address increasing ridership on the commuter-rail system.Using funds from the California State…
Rail News Home Mechanical 11/13/2018 Rail News: Mechanical KCS locomotive sports patriotic paint scheme to honor vets The 2005 EMD SD70ACE locomotive is maintained at a Louisiana shop. Photo – KCS Kansas City Southern officials yesterday unveiled a locomotive with a patriotic paint scheme.The scheme demonstrates the company's pride in past and present U.S. military…
Rail News Home Mechanical 12/12/2018 Rail News: Mechanical Rail supplier news from GE, Pandrol, Michael Baker, Urban Engineers, HNTB and NRC (Dec. 12) Shown: Pandrol clips being installed with the CD400 Clip Driver. Photo – Pandrol GE Transportation on Dec. 6 marked the 20th anniversary of its Global Performance Optimization Center, which maintains and manages…
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…