Union Pacific Corporation today reported 2020 fourth quarter net income of $1.4 billion, or $2.05 per diluted share. These results include a previously announced $278 million pre-tax, non-cash impairment charge. Excluding the
BNSF Railway Company (BNSF) today announced its 2021 capital investment plan of $2.99 billion. This year’s capital plan focuses on projects that support the company’s growth and efficiency objectives, while maintaining a
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 16, 2021. For this week, total U.S. weekly rail traffic was 528,547 carloads and intermodal units,
FreightWaves is reporting that the medical data and information of some number of Norfolk Southern and UPS employees was hacked and leaked as part of a ransomware attack on a provider of
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 9, 2021. For this week, total U.S. weekly rail traffic was 525,253 carloads and intermodal units,
BNSF Railway Company (BNSF) and Wabtec’s (NYSE: WAB) exploration of the future potential of battery-electric locomotives crosses another significant milestone this week as they begin testing the technology in revenue service between
According to KGW-TV 8, the local NBC affiliate, a Union Pacific freight train derailed between Canby, Ore. and Oregon City (about 25 miles southeast of Portland) yesterday morning. The train ran into
According to FreightWaves, a Ferrosur Co. freight train carrying passenger automobiles was intentionally derailed by armed vandals who cut the railroad’s tracks in Acultzingo, Mexico, which is approximately 100 miles away from
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 2, 2021, as well as volumes for December 2020. U.S. railroads originated 1,101,324 carloads in December
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending December 26, 2020. For this week, total U.S. weekly rail traffic was 405,111 carloads and intermodal units,
The U.S. Department of Transportation’s Federal Railroad Administration (FRA) announced today that positive train control (PTC) technology is in operation on all 57,536 required freight and passenger railroad route miles, prior to
Editor’s Note: Today’s Association of American Railroads traffic report is similar to the association’s reports for the past several weeks. While intermodal continues to post strong increases over the same periods last
Metra and Canadian Pacific, along with the CREATE partners, are pleased to announce the completion of the Canadian Pacific Crossover Upgrades project (B1). This project eliminates commuter and freight train delays by
When operating in mountainous territory, as is done by most Class 1 railroads, the threat of rock slides is ever-present. In the wee hours of Thursday morning, CSX experienced just that, and
Norfolk Southern announced yesterday that it plans employee furloughs in the mechanical department. This action continues the trend of shrinking employment on Class 1 and other railroads due primarily to the implementation
Norfolk Southern issued another service alert today regarding the impact of Winter Storm Gail on its service territory in the northeast: “Winter Storm Gail is pushing through the far northeastern part of
Yesterday, the New York Times reported that since the pandemic has forced many people to work from home (if they are able to do so), this is driving a significant increase in
Today Chuck Baker [President of the American Short Line and Regional Railroad Association (ALSRRA)] issued the following statement on the Biden Administration’s selection of Pete Buttigieg as Secretary of Transportation: “ASLRRA welcomes
The U.S. Department of Transportation’s Federal Railroad Administration (FRA) published a final rule requiring 40 states and the District of Columbia to develop and implement highway-rail grade crossing action plans to improve
HDR has promoted Sam Tso, P.E., to serve as West Region transportation director. As director, Tso will be responsible for a region that spans the western United States from Montana, Utah and