CSX could begin construction on Boone tunnel widening in 2022
When railroads were built, clearance concerns were limited to boxcars, hopper cars, and other general freight cars.
When railroads were built, clearance concerns were limited to boxcars, hopper cars, and other general freight cars.
Ed. Note: While precision scheduled railroading has called for the transformation of a number of Class 1 hump yards to flat switching around the country, many humps still operate. The story below,
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 30, 2021, as well as volumes for January 2021. January 2021 U.S. railroads originated 930,303 carloads
A Goderich-Exter Railway (a short line owned by Genesee & Wyoming) freight train that runs between Goderich and Stratford, Ont. yesterday began rolling backward down a hill toward Goderich Harbor yesterday, collided
R. J. Corman Railroad Group, today announced that it has appointed former U.S. Department of Transportation FRA Administrator Ronald L. (Ron) Batory to its Board of Directors. Prior to his service in
The Broe Group’s transportation affiliate, OmniTRAX Inc., has named Dean Piacente its Chief Executive Officer. Piacente, an accomplished Class I rail leader with more than 20 years of tenure as a CSX
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 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
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
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
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