Latest Rail Industry News
South Florida Regional Transportation Authority’s (SFRTA) Tri-Rail logged its highest yearly ridership numbers during 2019, with 4,495,039 passengers, an increase of 1.8 percent over 2018 passengers.
Ridership on Trinity Metro's TEXRail, which celebrated one year of service on January 10, reached 545,345 during 2019. December set a monthly record of 51,217 passengers, breaking the record previously set in November for 44,741 passengers.
James A. Sullivan has been named executive vice president and chief operating officer of Koppers Holdings Inc. and its wholly owned subsidiary Koppers Inc., and Leslie S. Hyde has been named senior vice president and chief sustainability officer of Koppers Inc. Both appointments are effective January 1, 2020.
The Association of American Railroads (AAR) has reported that U.S. rail traffic for the week ending January 4, 2020, totaled 414,014 carloads and intermodal units, a 5.1 percent decrease compared to 2019.
The Greenbrier Companies, Inc. has reported financial results for its first fiscal quarter, which ended November 30, 2019, with net earnings of $7.7 million, or $0.23 per diluted share, on revenue of $769.4 million. Adjusted EBITDA for the quarter was $74.2 million, or 9.6 percent of revenue.