A landslide, poor concrete supports, and worker strike push back opening for Sound Transit lines
A variety of factors have forced a group of Sound Transit light rail projects to be delayed, pushing back the opening of the lines.
Search Results for: ports
HART reports millions in savings thanks to employee cuts, shift in light rail construction
The Honolulu Authority for Rapid Transportation (HART) was able to chop millions of dollars off its budget mostly by making staff cuts.
Georgia Ports Authority sets all-time trade record in May
The Georgia Ports Authority moved an all-time high 519,390 twenty-foot equivalent container units in May, breaking the previous record of 504,350 TEUs set in October 2021.
Problem with concrete track supports now plagues East Link light rail project
Damage to concrete track supports on the I-90 floating bridge deck in the state of Washington has inserted another delay in Sound Transit’s East Link light rail project.
Chicago Transit Authority modernization project sports name by elementary school students
Chicago Transit Authority and Walsh-Fluor announce the Windy City Gantry.
Transportation Safety Board of Canada reports on fatal Canadian Pacific 2019 derailment – CP pushes back
Last week, the Transportation Safety Board of Canada (TSB) released its investigation report (R19C0015) into the 2019 derailment of two locomotives and 99 cars of a 112 car grain train, in which the three crew members were fatally injured near Field, B.C. CP disputes aspects of the report.
TSB of Canada reports on Canadian National mainline derailment
The Transportation Safety Board of Canada, that country’s equivalent of the U.S. National Transportation Safety Board, issued a report on a Canadian National main line derailment that occurred on June 3, 2021.
Merging ports in Alaska to address infrastructure needs comes with questions
The governor of Alaska wants to merge the Port of Alaska and a port in Knik Arm and form a regional port authority in the hopes of addressing infrastructure needs for both cargo handlers.
FRA deputy chief visits Los Angeles and Long Beach ports
Federal Railroad Administration (FRA) Deputy Administrator Amit Bose visited the Ports of Los Angeles and Long Beach on December 8, 2021 to discuss recent progress in tackling supply chain issues through collaborative efforts among the Ports, FRA, and rail carriers.
Georgia Ports Authority announces expedited TEU capacity increase
At the Georgia Ports Authority Board meeting Monday, Executive Director Griff Lynch detailed actions that will expedite the completion of 1.6 million twenty-foot equivalent container units in annual capacity.
Kemp, Georgia Ports mark Mega Rail milestone
Governor Brian P. Kemp last week announced that the Georgia Ports Authority has completed and is now operating the second set of nine new rail tracks for a total of 18 tracks at its Mason Mega Rail Terminal.
MTA Inspector General ‘alarmed and appalled’ by reports of track inspectors’ malfeasance
Something stinks at MTA, and the agency’s Inspector General is furious.
Georgia Ports Authority container traffic increases 48% in March
The Port of Savannah handled an all-time record of nearly 500,000 twenty-foot equivalent container units in March, an increase of more than 48%, or 162,275 TEUs, compared to the same month in 2020.
Norfolk Southern reports Q4 2020 and Full-Year 2020 earnings
Norfolk Southern Corporation today reported fourth-quarter and full-year 2020 financial results. Fourth-quarter net income was $671 million, diluted earnings per share were $2.64, and the operating ratio improved to an all-time quarterly
Kansas City Southern reports Q4 and 2020 full-year results
Kansas City Southern (KCS) (NYSE:KSU) reported strong fourth quarter and full year 2020 results, despite significant operating and economic challenges. Fourth Quarter 2020 Fourth quarter revenues were $693.4 million, a decrease of
Union Pacific reports fourth quarter and full year 2020 results
Union Pacific Corporation today reported 2020 fourth quarter net income of $1.4 billion, or $2.05 per diluted share. These results include a previously announced $278 million pre-tax, non-cash impairment charge. Excluding the
UP reports Q3 revenue down, but sets all-time low quarterly OR
Union Pacific Corporation (NYSE: UNP) today reported 2020 third quarter net income of $1.4 billion, or $2.01 per diluted share. This compares to $1.6 billion, or $2.22 per diluted share, in the
‘Nimble and responsive to market demand’ — CN reports Q3 2020 results
Canadian National [yesterday] reported its financial and operating results for the third quarter ended September 30, 2020. “CN’s people never stopped working since the beginning of the pandemic and I am proud
Canadian Pacific reports sub-60 operating ratio and revenues of $1.86B
Canadian Pacific Railway Limited today announced third-quarter revenues of $1.86 billion, diluted earnings per share (“EPS”) of $4.41, adjusted diluted EPS of $4.12 and an operating ratio of 58.2 percent. “This quarter
Third quarter 2020 earnings reports begin with Kansas City Southern
While the pandemic has certainly impacted rail revenues in 2020, including in the third quarter, no one really knew what to expect from the Q3 2020 earnings reports. Kansas City Southern released