Amtrak’s vision for N.E. Corridor: Bold, fast

Faster than a bird and a plane is the vision of Amtrak President Joseph Boardman for future Amtrak high-speed service throughout the Northeast megalopolis, north from Washington, D.C., to Boston — a transportation corridor home to almost 50 million residents that repres [...]

Federal HSR aid now tops $10 billion

A new round of federal funding will aid development of 54 separate high-speed rail lines in 23 states, says the Department of Transportation. Those projects will share $2.4 billion in newly approved federal funding announced last week by Transportation Secretary Ray LaHood. T [...]

70 new crash-worthy locos for Amtrak

Siemens, an international engineering firm with its U.S. headquarters in Washington, D.C., and plants throughout the U.S., has won a $466 million contract from Amtrak to build 70 Sprinter ACS-64 electric locomotives for Amtrak’s Northeast Corridor and Keystone Corridor. [...]

NS joins the ‘earnings-have-soared’ pack

Norfolk Southern on Oct. 27 followed most other major railroads in reporting substantial earnings improvements for the third quarter 2010. CSX, Canadian National, Kansas City Southern and Union Pacific all have reported substantial improvements in net income and operating rat [...]

KCS, CN follow CSX, UP with big earnings hike

On the heels of blockbuster third quarter earnings reports by CSX and Union Pacific, Kansas City Southern and Canadian National on Oct. 26 reported their own impressive earnings improvements. Kansas City Southern reported doubling its third quarter net income, and reducing it [...]