Ed. Note: Public transit agencies are being hammered by current conditions in the United States. Remarks made yesterday by Metro’s (WMATA) CEO reflect the challenges his agency faces. While he was speaking
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 25, 2020. For this week, total U.S. weekly rail traffic was 481,331 carloads and intermodal units,
Norfolk Southern Corporation (NYSE: NSC) today reported second-quarter financial results. Second-quarter net income was $392 million, diluted earnings per share were $1.53 and the operating ratio was 70.7 percent. “In a period
The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced the availability $225 million in grant funding through the Expedited Project Delivery Pilot Program. $100 million of the grant funding is
Canadian National (CN) announced that, as part of its strategic investments to support growing demand and enable supply chains, it plans to invest approximately $165 million across Illinois in 2020. The investments
Ed. Note: One of the big questions facing commuter rail and rail transit is the extent to which riders plan to use the service once the pandemic is over or, at least,
The Metropolitan Transportation Authority (MTA) [last week] released its preliminary 2021 budget and four-year financial plan, detailing a deficit of $16.2 billion by 2024. The MTA is projecting deficits of $3.2 billion
Norfolk Southern Corporation today announced its board of directors has appointed Cindy Sanborn executive vice president and chief operating officer, effective Sept. 1, 2020. Sanborn will succeed Michael Wheeler, who will retire
The MBTA announced today that it will begin implementing partial road closures on Monday, July 27, to support rehabilitation work on the Lechmere Viaduct in East Cambridge over Museum Way, which is
CSX Corp. [this week] announced second quarter 2020 net earnings of $499 million, or $0.65 per share, versus $870 million, or $1.08 per share in the same period last year. “I want
Union Pacific Corporation today reported 2020 second quarter net income of $1.1 billion, or $1.67 per diluted share. This compares to $1.6 billion, or $2.22 per diluted share, in the second quarter
Canadian Pacific Railway Limited [yesterday] announced second-quarter results, including revenues of $1.79 billion, diluted earnings per share (“EPS”) of $4.66, adjusted diluted EPS of $4.07 and an operating ratio of 57.0 percent.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 18, 2020. For this week, total U.S. weekly rail traffic was 481,597 carloads and intermodal units,
Company Contributing to Economic Recovery Through Reaffirmed and New Investments Canadian National today reported its financial and operating results for the second quarter ended June 30, 2020. “By being adaptable, we were able
[Last week], the Valley Metro Rail board unanimously approved the light rail construction contract for the Northwest Extension Phase II in Phoenix. The project will be built by a joint venture with
Metra will close the West Hinsdale Station on its BNSF Line for approximately two months beginning Aug. 1 to accommodate the replacement of the station’s boarding platforms. Trains will not stop at
The Metra Board of Directors [yesterday] approved a $15.2 million contract to build a new Peterson Ridge Station and parking facility on the Union Pacific North Line. A Metra station in Edgewater
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 11, 2020. For this week, total U.S. weekly rail traffic was 449,092 carloads and intermodal units,
Beginning as early as Monday, July 20, lasting through Friday, Aug. 7, Sound Transit contractor crews will close the intersection of Northeast Spring Boulevard and 136th Place Northeast. This closure is necessary
No impact on scheduled train operations A major construction project that will increase rail capacity is underway at Washington Union Station, the second busiest terminal in the U.S. The project is among