International Business News - RAIL http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Federal officials have approved a plan to extend the D.C. region's Metrorail system to Dulles International Airport, nearly a year after cost concerns threatened to kill the $5.2 billion project. http://www.ibtimes.com/articles/20081204/dc-rail-extension-to-airport-gets-key-fed-approval.htm Thu, 04 Dec 2008 08:05:40 EST Amtrak is dropping its opposition to the hotly debated sale of a suburban Chicago railway line. The passenger service says it's agreed with the company that's vying to purchase the Elgin, Joliet & Eastern Railway line that loops around Chicago. http://www.ibtimes.com/articles/20081203/amtrak-drops-opposition-to-ej-e-sale.htm Wed, 03 Dec 2008 18:17:20 EST FreightCar America Inc. said Thursday that a federal judge has approved a class-action settlement over the closure of a Pennsylvania manufacturing plant. http://www.ibtimes.com/articles/20081120/court-approves-freightcar-america-settlement.htm Thu, 20 Nov 2008 14:27:26 EST Canadian National Railway says it has reached an agreement with a Chicago suburb over its proposed purchase of the Elgin, Joliet & Eastern Railway Co. http://www.ibtimes.com/articles/20081119/cn-agrees-with-chicago-suburb-over-rail-line.htm Wed, 19 Nov 2008 08:08:15 EST Many sports-crazed fans who don't want to deal with traffic must walk or take the bus over the bridges of the Allegheny River to watch their Steelers or Pirates. http://www.ibtimes.com/articles/20081117/tunnel-to-aid-pittsburgh-sports-fans-at-a-price.htm Mon, 17 Nov 2008 09:59:19 EST FreightCar America Inc. said its board declared a regular quarterly dividend of 6 cents. The railroad freight car manufacturer said the dividend is payable Nov. 28 to shareholders of record on Nov. 21. http://www.ibtimes.com/articles/20081111/freightcar-america-sets-6-cent-quarterly-dividend.htm Tue, 11 Nov 2008 22:59:14 EST Canadian National Railway will have to wait for a decision on its request to purchase a Chicago-area rail line it wants to use to reroute suburban freight traffic. http://www.ibtimes.com/articles/20081111/fed-court-denies-expedited-ruling-on-cn-request.htm Tue, 11 Nov 2008 20:01:04 EST The defeat of a transit sales tax in St. Louis County will hurt the working poor and disabled who rely most heavily on public transportation to navigate the St. Louis area, advocates say. http://www.ibtimes.com/articles/20081105/sales-tax-for-light-rail-projects-in-missouri-fail.htm Wed, 05 Nov 2008 17:41:27 EST California voters are green-lighting the nation's most ambitious high-speed rail system, approving a nearly $10 billion bond to put speeding bullet trains capable of topping 200 mph between the state's major metropolitan areas. http://www.ibtimes.com/articles/20081105/calif-voters-ok-10b-bond-for-high-speed-rail.htm Wed, 05 Nov 2008 17:44:04 EST Los Angeles Mayor Antonio Villaraigosa has secured federal help for Metrolink as the commuter rail service develops a plan to install positive train control technology. http://www.ibtimes.com/articles/20081031/la-area-rail-to-get-fed-help-for-safety-upgrades.htm Fri, 31 Oct 2008 09:36:10 EDT Among the earnings stories for Thursday, Oct. 30, from AP Financial News: EDISON, N.J. (AP)--Mack-Cali Realty Corp. on Thursday reported a 9 percent increase in results, defeating analysts' expectations. http://www.ibtimes.com/articles/20081030/earnings-roundup-mack-cali-freightcar-america.htm Thu, 30 Oct 2008 14:49:14 EDT Shares of railcar manufacturer FreightCar America Inc. soared Thursday after it reported third-quarter earnings well above Wall Street's expectations, mostly due to cost cuts. http://www.ibtimes.com/articles/20081030/freightcar-america-shares-leap-after-3q-beats-view.htm Thu, 30 Oct 2008 11:14:19 EDT Baghdad commuters have a new way to bypass the city's checkpoints and congested, dusty streets with the launch of a commuter rail that travels 15 miles through Sunni and Shiite neighborhoods in the heart of the capital. http://www.ibtimes.com/articles/20081030/baghdad-commuter-rail-skirts-traffic-checkpoints.htm Thu, 30 Oct 2008 12:04:45 EDT Railroad stocks fell Friday along with the broader market despite Burlington Northern's better-than-expected results and upbeat view of the rest of the year. http://www.ibtimes.com/articles/20081024/sector-wrap-railroad-stocks-fall-with-market.htm Fri, 24 Oct 2008 16:56:04 EDT GE Transportation, a unit of General Electric Co., and India-based Bharat Heavy Electricals Ltd. are vying to supply Indian Railways with 1,000 diesel locomotives. http://www.ibtimes.com/articles/20081021/ge-unit-bharat-vie-for-indian-railways-deal.htm Tue, 21 Oct 2008 16:13:29 EDT Shares of FreightCar America Inc. rose Monday after an analyst lifted his rating on the company's shares, saying they are an "extremely attractive" value after a recent slide in price. http://www.ibtimes.com/articles/20081020/analyst-upgrades-freightcar-america-on-valuation.htm Mon, 20 Oct 2008 18:04:26 EDT President Bush has signed into law sweeping improvements in railroad safety that might have prevented the deadly collision of a commuter train and a freight train in Los Angeles last month. http://www.ibtimes.com/articles/20081016/bush-signs-rail-safety-bill-after-la-crash.htm Thu, 16 Oct 2008 15:58:35 EDT For the ninth time in 11 years, light rail is on the ballot in Kansas City. But this time city leaders and many business owners say they support a smaller plan to commit more than $815 million for construction of a 14-mile starter route that locals hope will help ease traffic and pollution. http://www.ibtimes.com/articles/20081010/kansas-city-voters-again-vote-on-light-rail.htm Fri, 10 Oct 2008 14:17:52 EDT Mississippi Department of Transportation officials say about 130 crossings have been upgraded on Kansas City Southern Railway, Norfolk Southern Corporation and CSX Transportation lines. http://www.ibtimes.com/articles/20081009/miss-spends-22m-to-improve-railroad-crossings.htm Thu, 09 Oct 2008 11:13:25 EDT French state rail operator SNCF has bought a 20 percent stake in an Italian high-speed private railway that plans to launch services in 2011, officials said Thursday. http://www.ibtimes.com/articles/20081009/frances-sncf-partners-with-italian-private-rail.htm Thu, 09 Oct 2008 07:19:56 EDT