Union Pacific reports fourth quarter and full year 2019 results
Union Pacific Corporation today reported 2019 fourth quarter net income of $1.4 billion, or $2.02 per diluted share. This compares to $1.6 billion, or $2.12 per diluted share, in the fourth quarter
With designs moving forward, DART tries to figure out ways to fund new subway line in Dallas
Two years ago the Dallas City Council was defiant in its call for a subway system in the downtown area. Now, the voice is nervous. As DART presented plans to the City
Association of American Railroads traffic report for week ending Jan. 18, 2020
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 18, 2020.
Union Pacific addresses “cancer cluster” in Houston’s Fifth Ward
The site of a long inactive creosote processing facility in Houston’s Fifth Ward, owned by Union Pacific for the past twenty years, was the center of discussion at a recent community meeting.
Union Pacific deploys new high-tech equipment for tie clean-up
When riding along the railroad, one can often see old ties bundled by the track that have been replaced by new ones, and clean-up of the old ties is time-consuming.
Preventive maintenance helps Long Island Rail Road hit best on-time mark in three years
The Long Island Rail Road (LIRR) is running on-schedule. Delays hit a three-year low in 2019, and much of the success is due to the LIRR Forward program.
Hardesty & Hanover names Senior Track Manager
Devin Plantamura, P.E., has joined Hardesty & Hanover as Senior Track Manager in the design firm’s Rail Group. Plantamura will be leading the Track Design Department supporting both the Passenger Rail and
Grain shippers want assured rail service
FreightWaves reports that groups of Canadian grain shippers are trying to figure out how the government can ensure grain shipments can continue in the event of a strike like the one against
Bells & Whistles—1/17/20
Seattle lawmakers want to make cap on car tab fees a state law. Environmental group calls BNSF derailment a major disaster. Congress now reviewing Act on crude oil by rail. State Attorney
Kansas City Southern reports strong fourth quarter and full-year 2019 results
Kansas City Southern (KCS) (NYSE:KSU) reported strong fourth quarter and full year 2019 results, driven by implementation of Precision Scheduled Railroading (PSR) principles. Fourth Quarter 2019 Fourth quarter revenues were $729.5 million,
CSX Announces fourth quarter and full year 2019 financial results
CSX Corporation yesterday announced fourth quarter 2019 net earnings of $771 million, or $0.99 per share, versus $843 million, or $1.01 per share in the same period last year. CSX’s operating ratio
Environmental group calls BNSF derailment on Jan. 1 a major disaster
While some are claiming a derailment in Idaho on New Year’s Day was a heroic event, one environmental group believes there is a villain at play.
Washington, D.C. Metro ridership on the rise
The Washington Post reports that Metro ridership, which has been on a downward trend for several years, was up 4 percent in 2019 compared to 2018. In 2019, 182 million trips were
Tunnel under Fort Lauderdale’s New River being considered
The advent of Brightline train service through Fort Lauderdale has required the Florida East Coast to close a drawbridge bridge over the New River more frequently than before. The bridge remains open
State of Washington lawmakers do not want to wait for Initiative 976 court ruling
Initiative 976, which was approved by voters back in November, is still waiting for its day in court. State lawmakers, however, are running short on patience.
Savage named CEO at Trinity Industries
Beginning Feb. 17, E. Jean Savage, who currently serves on the Trinity Board and is a Caterpillar vice president, will become Chief Executive Officer at Trinity Industries, according to a report in
AAR releases traffic report for week ending January 11, 2020
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 11, 2020.
Transportation Research Board panel discusses future of rail
The Transportation Research Board (TRB) conference is being held in Washington, D.C. this week, and one of the panels, “The Future of North American Freight Rail Transportation,” focused on the role of
Light rail could play a major role in Austin’s Project Connect
By 2040, bus rapid transit will not be able to handle all of the stops in the city of Austin, Texas. Officials provided a glimpse of a game-changing transit plan called Project