PTC in operation on over 98 percent of required Class 1 route miles
According to the Association of American Railroads, PTC is up and running on over 98 percent of the Class 1 rail mileage required by law to have it. Here is a AAR
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Association of American Railroads traffic report for week ending Jan. 25, 2020
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 25, 2020.
Canadian National reports fourth-quarter and full-year 2019 results
Canadian National today reported its financial and operating results for the fourth quarter and year ended December 31, 2019.
Canadian Pacific reports record fourth-quarter and full-year 2019 results
Canadian Pacific Railway Limited today announced its fourth-quarter results, including record revenues of $2.07 billion, an operating ratio (“OR”‘) of 57.0 percent, improved diluted earnings per share (“EPS”) of $4.82 and record
Norfolk Southern reports fourth-quarter and full-year 2019 results
Norfolk Southern Corporation today reported fourth-quarter and full-year 2019 financial results.
Canadian Pacific corrects inaccuracies in CBC reporting of Field, B.C. derailment
This week, RT&S filed two reports on the calls for an outside police agency to reopen the investigation into the Canadian Pacific derailment and crash that occurred on Sept. 4, 2019 near Field,
Teamsters Canada Rail Conference & Transportation Safety Board investigator call for new investigation into CP derailment
Following up on a story we posted yesterday about families of those killed in the Kicking Horse River CP derailment and crash on Feb. 4, 2019 near Field, B.C., the Teamsters Canada
Missouri owes Amtrak millions of dollars
Amtrak, in conjunction with the state of Missouri, runs a train between St. Louis and Kansas City called the Missouri River Runner. During the last ten years, the Missouri state legislature has not
CP British Columbia mountain derailment – families of those killed want to reopen investigation
A Canadian Pacific grain train consisting of 112 cars and three locomotives derailed and crashed into the Kicking Horse River on Feb. 4, 2019. The wreck killed the three crew members on
Rail employment drops again in December
FreightWaves is reporting that Class 1 rail employment in December 2019, 131,486 workers, was the lowest number since January 2012. This data was provided by the Surface Transportation Board. These numbers represent
Locomotive engineer of Amtrak Cascades train 501 suing Amtrak
The Amtrak Cascades passenger train, #501, that derailed near Dupont, Washington on December 18, 2017, was operated by engineer Steven Brown. Brown filed a lawsuit against Amtrak this week, citing physical and emotional
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
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.
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
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
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
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