United States Archives - Page 25 of 35 - International Railway Journal

United States

November 3, 2020 | Financial

Brightline fails to sell bonds for Las Vegas - California line

BRIGHTLINE, United States, has announced that it has suspended the sale of bonds to support its $US 8.4bn Las Vegas - Southern California Brightline West high-speed line following a failure to source buyers.

November 3, 2020 | Financial

Patriot Rail to acquire Utah short line operator

UNITED States short line and regional freight operator Patriot Rail has entered into an agreement to acquire Class 3 short line operator Salt Lake Garfield & Western Railway (SLGW) and its subsidiaries Caballero and Caballero 2, which provide storage and multi-modal services.

October 30, 2020 | Rolling stock

North County Transit District orders two more locomotives

CALIFORNIA’s North County Transit District (NCTD), which operates services in the San Diego area, has ordered two more diesel-electric Charger locomotives from Siemens under a contract signed in 2018.

October 29, 2020 | Financial

IRJ In-Brief - Financial: Greenbrier annual results; Knorr-Bremse ups Rail Vision stake; Norway extends Covid support

United States: Rolling stock manufacturer Greenbrier has reported an Ebitda of $US 310.3m for the 2019-2020 fiscal year, amounting to 11.1% of the company’s $US 2.8bn revenue for the year.

October 28, 2020 | Financial

FRA awards grants worth $US 172.1m

THE United States’ Federal Railroad Administration (FRA) has awarded grants worth a combined $US 172.1m to projects in the states of California, Connecticut and New Jersey, through its FY 2020 Federal-State Partnership for State of Good Repair (SOGR) programme.

October 28, 2020 | High-speed

Work on Brightline West high-speed line expected in 2020

PRIVATE railway Brightline has released a construction schedule for its Las Vegas - southern California high-speed line, which will be called Brightline West. After the completion of a bond sale to help pay for the initial phase, construction is expected to begin later this year and will be completed in 2024.

October 22, 2020 | Financial

CSX reports 14% fall in earnings in Q3

UNITED States Class 1 railway CSX has reported that net earnings for the third quarter of this year fell by 14% to $US 736m, from $US 856m in the same period in 2019, due to the continued impact of the Covid-19 pandemic and a $US 5bn share buyback.

October 19, 2020 | Metros

Costs continue to rise on Honolulu’s much-delayed metro project

HONOLULU Authority for Rapid Transportation (Hart) now estimates the cost of building its 32km 21-station elevated metro line at $US 9.9bn, nearly double the original estimate.

October 17, 2020 | News

Salcef purchases 90% share of Delta Railroad Construction

A subsidiary of Italian-based Salcef Group has acquired 90% of the share capital of United States-based railway construction and maintenance company Delta Railroad Construction.

October 14, 2020 | Light Rail

Maryland takes over Purple Line project after private firm walks away

THE Maryland Transit Administration is taking over day-to-day management of the 25.7km Purple Line light rail project after Purple Line Transit Partners (PLTP) walked off the job.

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