CSX

CSX earnings drop, but operating ratio remained same as last year

CSX Corp. [yesterday] announced third quarter 2020 net earnings of $736 million, or $0.96 per share, versus $856 million, or $1.08 per share in the same period last year. Despite lower economic

‘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

Underpinning of Distressed Foundations

“Every now and then, failures of different types of structures are reported in the news,” say Avanish Prasad and Purnima Prasad. “Some of these failures are a result of static and dynamic

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

Alan S. Boyd, first Secretary of Transportation and railroad president, dies

Although no longer a familiar name to most of today’s railroaders, Alan S. Boyd was a transportation industry icon during the 1960s and ’70s. He died at the age of 98 yesterday

Metro names FAA official director of rail operations control center

Last month, RT&S reported on problems at the Metro rail operations control center. Please follow the preceding link to read this story. Metro announced this weekend that an FAA official, Edward Donaldson,

Class 1 fuel surcharges

Union Pacific responds to RT&S story on Metra lawsuit

Yesterday, RT&S published a story about Metra bringing suit against Union Pacific for breach of contract. You can read that story via the preceding link. Today, Union Pacific responded to our report

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

Mass. state representative concerned about practices at CRRC

Over the past couple of years, leaders of transit companies and U.S. government officials have expressed growing concern about the Chinese Railway Rolling Stock Corporation’s (CRRC) involvement in the manufacturing of commuter

Metra sues Union Pacific for breach of contract

Ed. Note: Union Pacific has responded to our story on the Metra lawsuit. Please follow the preceding link to read their statement. DCL Metra [yesterday] sued Union Pacific Railroad for breach of

Parsons selected to support Metrolink rail expansion and rehabilitation

Parsons Corporation announced today that the company has been selected by the Southern California Regional Rail Authority (SCRRA) as one of five engineering firms for a three-year $50 million task order contract.

Virginia Port Authority receives $20 million for rail yard project

The Port of Virginia needs to complete a rail yard expansion at its Norfolk International Terminals, and will receive a federal grant of just over $20 million through the U.S. DOT’s Port

Norfolk Southern continues to monitor Hurricane Delta

According to the New York Times, Louisiana has been hit by six major storms since June 2020, and the cleanup from Hurricane Laura, which hit the state in August, is still not

FRA publishes Final Rule on rail integrity and track safety standards

FRA is revising its regulations governing the minimum safety requirements for railroad track. The changes include allowing inspection of rail using continuous rail testing; allowing the use of flange-bearing frogs in crossing

Washington Metro chooses Hitachi Rail to build new cars

Metro has been looking for a manufacturer for the past two years to build its next group of rail cars. The Washington Post reports that last week, Metro chose Hitachi Rail. The

PS Technology releases Precision Train Builder

PS Technology (PST) has released Precision Train Builder, which the company says “is designed for analyzing derailments and improving the safety of train operations by physically accurate simulation. Precision Train Builder (PTB)

Norfolk Southern eyeing Tropical Storm Delta

Hurricane season is continuing to throw fast pitches in the Gulf Coast strike zone. Norfolk Southern released a service alert yesterday regarding Tropical Storm Delta, which is reproduced below. The New York

U.S. DOT: $10 million available to transit to address COVID concerns

The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced the availability of $10 million in grant funding through a new Public Transportation COVID-19 Research Demonstration Grant Program that will identify

Vossloh supplies fastening systems for new heavy-haul line in Mongolia

Vossloh won a first contract for the supply of rail fastening systems for a heavy-haul line in Mongolia. The about 270 km long line will connect the Tavan Tolgoi with Gashuun Sukhait

Herzog’s TASI safety plan approved by FRA

The TransitAmerica Services Inc./Alternate Concepts (TASI), a subsidiary of Herzog Transit Services, Inc., supplied a System Safety Program Plan (SSPP) to the CTrail Hartford Line that was delivered to the Federal Railroad

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