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Kansas City Southern Announces Dividend Increase

WIL BALDWIN February 5, 2021

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Kansas City Southern (KCS or the Company) (NYSE: KSU) announced that its Board of Directors approved at its meeting today a 23% increase in the quarterly dividend on KCS’s common stock,…

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Hitachi Rail Successfully Tests First Battery-Powered Tram

WIL BALDWIN February 2, 2021

Battery-powered tram offers major benefits of requiring no overhead wires or other electrified infrastructure – saving on costs and visual impact On-board batteries allow energy to be additionally recovered during breaking Trial in Florence aims to allow mobility firm to…

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Amtrak Seeking Contractors for New Carrollton Station Project

WIL BALDWIN January 22, 2021

WASHINGTON – Amtrak is transforming Northeast Corridor train travel by enhancing the customer experience, both in stations and on board trains. As part of this effort, Amtrak is currently accepting Letters of Interest from interested contractors until…

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Kansas City Southern and NorthPoint to Develop 220-Acre Wylie Logistics Park in Texas

WIL BALDWIN January 21, 2021

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Kansas City Southern (NYSE: KSU) announced today that it has entered into a joint agreement with NorthPoint Development to develop the master planned Wylie Logistics Park in Wylie, Texas, located adjacent to…

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New Zealand to Benefit from Improved Northland Line

WIL BALDWIN January 18, 2021

The re-opening of the rail line between Whangārei and Swanson in West Auckland is a significant achievement and has immediately boosted KiwiRail’s ability to deliver freight services for New Zealanders. The track opened last week and…

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KCS Announces Fourth Quarter 2020 Earnings Release and Conference Call Time

WIL BALDWIN January 18, 2021

Kansas City Southern (KCS) (NYSE: KSU) will release its fourth quarter 2020 financial results on Friday, January 22, 2021, before the opening of trading on the New York Stock Exchange. KCS will also hold its…

Union Pacific Announces Fourth Quarter 2020 Earnings Release Date

WIL BALDWIN January 18, 2021

Union Pacific Corporation (NYSE: UNP) will release fourth quarter 2020 financial and operating results on Thursday, January 21, 2021, at 8:00 a.m. ET. The company’s management team will host a conference call and live webcast…

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Siemens Mobility SignsMoU to Install Egypt’s First High-Speed Rail System

WIL BALDWIN January 17, 2021

Agreement comprises a rail system with a network of around 1000km – first being a 460km project valued around 3bn$Turnkey Engineering, Procurement and Construction project including 15 years of services Siemens Mobility to provide high-speed and…

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Talgo Announces Hydrogen Train Will Be Ready In 2023

WIL BALDWIN December 31, 2020

Talgo has announced the timetable for the manufacture and launch of its hydrogen train, a green, innovative and efficient alternative to replacing diesel engines, which will be ready in 2023. The train will be named Talgo…

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Hyundai Mipo Shipyard Chosen to Build New Interislander Ferries

WIL BALDWIN December 28, 2020

KiwiRail has named world-renowned Hyundai Mipo Dockyard (HMD) based in Ulsan, South Korea as its preferred shipyard to build the two new Interislander ferries. KiwiRail Chief Executive Greg Miller said the decision to work with…