Canadian Pacific Railway Limited yesterday announced its fourth-quarter results, including revenues of $2.01 billion, a record-low operating ratio (“OR”) of 53.9 percent, diluted earnings per share (“EPS”) of $5.95 and record adjusted
The National Railroad Construction & Maintenance Association has announced the winners of its 2020 Safety Awards. These awards recognize contractor member companies with exemplary safety performance during 2020. These outstanding contractors are
Diversified Product Development has established the RailWise brand to accommodate its growing line of products for the hirail market. The new brand encompasses several of Diversified’s existing hirail products and will help
RT&S Editor-in-Chief takes a look back at 2020 and provides a forecast for 2021 based on responses from the RT&S State of the Industry survey. He also talks with HNTB’s Ronnie Hakim
The California High-Speed Rail Authority and design-build contractor California Rail Builders announced the completion of the Garces Highway Viaduct, north of the city of Wasco in Kern County. The viaduct, which will
When it comes to its own bridges, Washington Metro has a lot to learn. An audit by the Washington Metrorail Safety Commission has revealed that Metro does not know exactly how much
The San Francisco Bay Area Rapid Transit District (BART) and Capitol Corridor Joint Powers Authority (CCJPA) have unveiled Link21, a rail improvement program, and a new website that outlines the program’s objectives.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 23, 2021. For this week, total U.S. weekly rail traffic was 529,030 carloads and intermodal units,
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
Canadian National [announced today] that its diluted earnings per share (EPS) grew 17 per cent, and 14 per cent on an adjusted basis in the fourth quarter, while free cash flow for
Everyone had a say, everyone was heard, and now it appears the U.S. Coast Guard is making sure every step is checked. The future of the Bismarck-Mandan Rail Bridge, a 138-year-old span
The National Transportation Safety Board determined on Jan. 25 that an airbrake failure caused the fatal, Oct. 4, 2018, collision between two Union Pacific trains in Granite Canyon, Wyo. The collision occurred when
The Metropolitan Atlanta Rapid Transit Authority (MARTA) is investing approximately $225 million in State of Good Repair work on its heavy rail lines that will enhance the safety of the rail system,
New Jersey Transit met the December 31, 2020 federally mandated deadline for implementing Positive Train Control. NJT President and CEO Kevin Corbett discusses the project’s complexity, and the “come from behind” coordination and
An area where a train derailed on Jan. 24 is still being cleaned. A remote-controlled CSX train derailed on a railroad bridge in Cincinnati, Ohio. Residents called in a butane leak, but
Last week, one day after President Biden’s inauguration, Transportation Secretary-designate Pete Buttigieg, the former mayor of South Bend, Ind., and presidential candidate during the Democratic primaries in 2020, appeared before the Senate
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
Now? Long-awaited Gateway Project might finally get the federal support it needs Another phase is complete to strengthen Del Mar bluffs and protect railroad tracks in California Track installation at Eglinton Crosstown
An Alton and Southern Railway train has derailed in Fairmont City, Ill., blocking traffic on Highway 3. The accident happened at 11:45 p.m. on Jan. 21. Crews were still working on the
CSX Corp. [yesterday] announced fourth quarter 2020 net earnings of $760 million, or $0.99 per share. These results include a charge of $48 million, or $0.05 per share after-tax, related to the
