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Driven by freight sales, Wabtec reports 9 percent earnings jump

2015-10-22 19:50:39| Railroads - Topix.net

As sales of freight-related products swell, Wabtec Corp. on Thursday reported third-quarter earnings 9 percent higher than last year. The Wilmerding-based rail manufacturer reported a net income of $99.2 million, or $1.02 per diluted share, for the financial quarter ended Sept.

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Sustrail: developing a new generation of freight rolling stock

2015-10-22 01:00:00| Railway Technology

Sustrail, a European Commission-funded project, aims to develop the next generation of freight rolling stock. Its core targets are to cut the damage to tracks by up to 50% and generate a 40% boost in demand for rail freight in Europe by 2030. But how

Tags: stock generation developing rolling

 
 

CP Rail sees revenue up 2% despite decline in freight volumes

2015-10-20 17:30:24| Railroads - Topix.net

Freight volumes are down because of the fall of commodity prices, but CP Rail reported higher revenue and adjusted profit. Canadian Pacific Railway Ltd. was able to raise its freight revenue and achieve record profits in the third quarter, despite a drop in movement of key products such as crude oil, metal and minerals and automotive products.

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Freight volumes to increase end of this year, says ATA chief economist

2015-10-19 16:59:20| Trucking - Topix.net

American Trucking Associations' Chief Economist Bob Costello said Sunday the trucking industry should see freight volumes increase toward the latter part of 2015. "Right now, we're in a bit of a soft patch because inventories are higher than one would expect," Costello said here during ATA's Management Conference & Exhibition.

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EPA's SmartWay honors green leaders in freight industry.

2015-10-19 14:31:10| Industrial Newsroom - All News for Today

EPA announced the 2015 winners of the SmartWay Excellence Awards for retailers, manufacturers, and logistics companies. Awards honor top performing SmartWay partner companies that demonstrate how businesses can shrink their carbon footprints and contribute to healthier air all while saving on fuel costs as they move goods across America. Since 2004, SmartWay Partners have avoided emissions of over 60 million metric tons of carbon pollution while saving over $20 billion in fuel costs.

Tags: industry green leaders freight

 

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