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Rail Industry News

NJ Transit to unveil dual-mode locomotive

(The following appeared at Northjersey.com on May 11, 2011.) BERGEN, N.J. — NJ Transit today plans to unveil its first locomotive powered by an engine that can operate on both diesel and electric lines. The dual-mode locomotive NJ Transit will unveil today is just one...

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Idled railcars reach two-year low

(The following appeared on the Journal of Commerce website on May 9, 2011.) WASHINGTON, D.C. — North American railcars owners reduced their number of idled or stored units by 7,421 in April to 276,228, the lowest since cars in storage peaked at more than 500,000 in...

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BNSF profit up 20 percent in 2011 first quarter

(The following appeared on the Journal of Commerce website on May 9, 2011.) WASHINGTON, D.C. — BNSF Railway posted a $607 million profit for the first quarter, up 20 percent from the same period in 2010 and reflecting a mix of higher freight traffic, fuel fees and...

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