Railroad News

Capital Metropolitan Transportation Authority, Austin, Texas, rehired Cornerstone Advisors as investment consultant for its defined benefit pension plan and three 401 plans, according to a contract posted on procurement website Onvia DemandStar.

Tony Caribaltes is an openly gay businessman in Jacksonville. He said the city's attitude toward gay people is improving.

A new railroad bridge to replace the viaduct that collapsed in 2012 over Shermer Road could be in place by the end of the this year, under an expedited schedule recently released by Union Pacific Railroad , according to a village news release.

With a booming Mexico-based arm and packing a sales increase of 48 percent through 2016, no railroad may be more poised to be taken over than Kansas City Southern, Bloomberg reports.

Sometimes it seems there's a deliberate attempt by bureaucrats to use language as off-putting as possible with the purpose of creating a wall of boredom that only the most determined or demented will take the time to penetrate.

Investigators say it's too soon to know what caused a commuter train to derail Friday, injuring 70 people when it slammed into another train heading in the opposite direction.

Canadian Pacific Railway is certainly topical. The subject of activist investor Bill Ackman's 2012 reorganization and now run by Ackman-backed legendary railroader Hunter Harrison, the stock has gone nowhere but up since Harrison was put in office.

The former General Motors Powertrain site here could get a marketing push through a CSX program to promote development at rail-accessible sites.

Several people were removed from a New Jersey Transit bus shortly after midnight Friday while authorities checked out a suspicious bag left in the cargo hold, police said.

Grupo TMM reported a net loss of 165.6 million Mexican pesos in the first quarter of 2013, compared with a net loss of $11.3 million in the first quarter of 2012.

Two Metro-North Railroad trains have collided on a stretch of track near Fairfield, Conn., causing a "major derailment" and "preliminary reports of injuries," according to the Metropolitan Transportation Authority .

The railroad is poised to boost sales by 48 percent through 2016, faster than every peer for whom estimates are available, according to data compiled by Bloomberg.

Kansas City Southern has a new, high-visibility stop: the S&P 500 stock index. The railway company is moving up from the S&P MidCap 400.

New Jersey Transit has announced new rail schedules that will take effect next month to accommodate an Amtrak project on the Northeast Corridor.

The Vicksburg Bridge Commission and the Kansas City Southern Railway have been at odds for eight years on what the railroad will pay to run trains across the Mississippi River on the old U.S. Highway 80 bridge.

Flames spilled off of the tail and wings of a mockup airplane in the parking lot of Bishop International Airport on Thursday, May 16, as medical officials practiced treating simulated plane crash victims.

Alexandria City Council members lamented Norfolk Southern's request to double the number of rail cars offloaded per day at its ethanol transloading facility in the West End at Tuesday night's meeting at City Hall .

The Board of Directors of Union Pacific Corporation has declared a quarterly dividend of 69 cents per share on its common stock, payable July 1, 2013, to stockholders of record May 31, 2013.

Norfolk Southern Corporation announced that it has extended the expiration date of its offer to exchange up to $600,000,000 aggregate principal amount of its 2.903% Notes due 2023 registered under the Securities Act of 1933, as amended, for an equal amount of its privately placed 2.903% Notes due 2023 .

On Wednesday afternoon, New Jersey Transit is hosting one of its forums at the Hoboken Terminal.