Abstracts » Business, regional

There's a new train in town

Article Abstract:

Amtrak has unveiled its new 150-mile-an-hour train service between Philadelphia and Boston. The high-speed train, which was built by Bombardier's plant in Plattsburgh, New York, will be tested on Amtrak's Northeast Corridor. Amtrak is planning to put the first of twenty of the 300-passenger trains into operation sometime in the fall of 1999. The high-speed train, which is called the Acela Express, will operate with a British made locomotive built by Alstom Drives and Controls.

Canada, Railroad Rolling Stock Manufacturing, Services development, Transportation Equipment Manufacturing, New Rail Passenger Cars, Locomotives, Transport Equipment, Rail & Transit Cars NEC & Parts, Railroad equipment industry, Passenger cars (Railcars), Bombardier Inc., Transportation equipment, Transit vehicles, National Railway Equipment Co., Alstom Drives and Controls Ltd.

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Railroad is cool to terms for new yard

Article Abstract:

Norfolk Southern is backing away from its plans to build a high-tech freight yard on the old Philadephia Navy Base. The Virginia railroad company blamed the changes and delays imposed by the Philadelphia Industrial Development Corp., the city's econimic development unit, for its action. Norfolk Southern complains that the development agency has demanded changes and had taken so long to make decisions that it caused increases in Norfolk Southern's costs.

Strategy & planning

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Norfolk Southern will build rail yard at Phila. Navy base

Article Abstract:

Norfolk Southern Corp. to build rail yard. Company officials say the long delayed decision to build the yard will allow them to better compete with the rail unit of CSX Corp.

Contracts & orders received, Railroads, line-haul operating, Company Profile, CSX Corp., CSX, NSC

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