Canadian National last week reported its financial and operating results for the third quarter ended September 30, 2019. “CN delivered strong results, despite a softening economy,” said JJ Ruest, president and chief
In response to an extraordinary uptick in the tempo and severity of extreme weather events that have been affecting freight railroad operations and the needs of its members, the American Short Line
Several states are pushing back on the notion that regulation of crude oil trains in the United States belongs in the hands of the federal government, as opposed to being regulated by
The Birmingham Business Journal is reporting that the Southern Rail Commission has received a $4.36 million grant to restore rail service to the Gulf Coast. The grant was awarded by the U.S.
Canadian Pacific Railway Limited today announced record third-quarter revenues of $1.98 billion, and reported diluted earnings per share (EPS) of $4.46, or $4.61 on an adjusted diluted EPS basis. The Company also
Making difficult decisions is what fiscal responsibility is all about. Washington State’s Sound Transit wants to take full responsibility, and on Oct. 24 the board ditched plans for tunnels to Ballard ($450
The state of Washington’s Sound Transit continues to hold its momentum. Officials cut the ribbon on a $1.53 billion Redmond Link light rail extension in Redmond, Wash., on Oct. 23.
The Association of American Railroads (AAR) yesterday reported U.S. rail traffic for the week ending October 19, 2019. For this week, total U.S. weekly rail traffic was 507,381 carloads and intermodal units,
Norfolk Southern Corporation yesterday reported third-quarter financial results. Third-quarter net income was $657 million and diluted earnings per share were $2.49. The operating ratio for the quarter was 64.9%, a third-quarter record
Fair is never a good word when it applies to chances. But that is what a consultant is saying regarding the installation of Positive Train Control (PTC) on the Metropolitan Transportation Authority’s
Miami-Dade Transit has been much more reliable the last couple of years, at least in terms of the fleet that is out there.
The U.S. Department of Transportation’s (USDOT) Pipeline and Hazardous Materials Safety Administration (PHMSA), in coordination with the Federal Railroad Administration (FRA), announced that it is publishing a notice of proposed rulemaking (NPRM)
The Brotherhood of Maintenance of Way Employees Division (BMWED) of the International Brotherhood of Teamsters recently filed a petition against the Federal Railroad Administration (FRA) decision to allow BNSF to reduce physical,
First New York City President Andy Byford was resigning, but now he is promoting.
If Amtrak expects to reach its goal of breaking even by 2021, it must improve its on-time performance significantly. According to a report in Business Insider, the rail passenger carrier’s on-time performance
A railroad bridge has partially collapsed in northeast Houston this morning, causing a train to derail.
Third Quarter 2019 Results Record revenues of $747.7 million, an increase of 7% from prior year on flat volumes Operating income of $282.0 million. Record adjusted operating income of $294.0 million up
Pandrol USA is not going to Memphis for a song. The company, which manufacturers and installs rail fastening products including rail clips, crosstie plates and screw spikes, has been all business lately
VisioStack Inc. has entered into an agreement with Grupo EFE to provide data management and analytics services. Grupo EFE, which is based in Santiago, Chile, provides both passenger and freight services throughout
CSX Corporation yesterday announced third quarter 2019 net earnings of $856 million, or $1.08 per share, versus $894 million, or $1.05 per share in the same period last year (an earnings per