CHICAGO – Earnings for the Rail North America segment of leasing company GATX dropped by nearly 11% for the third quarter of 2019, but corporate officials are “cautiously optimistic.” Regarding the future of the economy and its effect on GATX, CEO Brian Kenney told those on the company’s quarterly earnings call, “I don’t have that […]
WASHINGTON — U.S. Sen. Dick Durbin (D-Ill.) is calling for freight railroads to do more to improve Amtrak on-time performance, indicating to Amtrak and the Federal Railroad Administration his interest in working with the passenger railroad and federal agency on the issue. Durbin sent letters to Amtrak and the FRA in response to a report […]
NORTH CREEK, N.Y. — New York State’s attempt to have a portion of the Saratoga & North Creek Railway’s tracks be declared abandoned is no longer opposed by Iowa Pacific, the line’s owner, according to a filing with the Surface Transportation Board. “SNCR has no objection to proceeding with the pending abandonment on a voluntary […]
Work continues on replacement of a Norfolk Southern bridge in Missouri wiped out by flooding on Oct. 1. Norfolk Southern BRUNSWICK, Mo. — Norfolk Southern officials are projecting a Nov. 6 restoration of Kansas City-Moberly, Mo., service over the Grand River bridge near Brunswick. The bridge was destroyed by heavy rains and flood debris Oct. […]
Passengers board a train of the Rio Grande Scenic Railroad, the passenger operation of the San Luis & Rio Grande, in Alamosa, Colo., in October 2018. More properties owned by Iowa Pacific Holdings have joined the San Luis & Rio Grande in receivership. TRAINS: David Lassen CHICAGO — Nearly two dozen entities associated with Iowa […]
A CN unit oil train travels Wisconsin’s Byron Hill in July 2019. CN has lowered its earning estimate and is reducing its locomotive fleet as it moves less industrial traffic, including energy shipments. MONTREAL — Canadian National’s revenue and profits grew in the third quarter but the railway on Tuesday lowered its outlook for the […]
Denver & Rio Grande No. 168 returns to Antonito, Colo., after its celebratory run to Lava Tank. Thomas Scalf Engineer Max Casias, C&TS President John Bush, Fireman Carlos Llamas, and Director of Special Projects Stathi Pappas toast to the success of No. 168’s restoration. Thomas Scalf ANTONITO, Colo. — After four years of restoration work […]
No. 3713’s firebox is attached to the boiler in the Steamtown shop on Oct. 9. Brian Schmidt SCRANTON, Pa. – The restoration of Boston & Maine 4-6-2 No. 3713 took a major leap forward this month with the arrival of a brand new firebox. On Oct. 17, Steamtown National Historic Site took delivery of a […]
BOSTON — The Massachusetts Bay Transportation Authority will spend $33 million to renovate 20 commuter coaches, returning the cars to service to provide additional capacity until new equipment arrives. In a separate development, the MBTA’s contract commuter operator, Keolis Commuter Services, announced the temporary closure of a station for emergency repairs. The State House News Service […]
NS C44-9W No. 9732 leads empty grain train W49 at Selma, N.C., in March 2019. Michael S. Murray NORFOLK, Va. – Norfolk Southern on Wednesday reported lower third quarter profits and revenue amid broad traffic declines. The railroad’s operating income fell 2%, to $996 million, as revenue declined 4%, to $2.84 billion. Earnings per share […]
New Mexico U.S. Senate Candidate Maggie Toulouse Oliver speaks of the importance of rail transportation and the influence of train travel in her life growing up. Thomas Scalf LAMY, N.M. — The New Mexico Rail Passengers Coalition held a rally at the old depot in Lamy, N.M. to Save the Southwest Chief. Fifty people gathered in […]
Soo Line 4-6-2 No. 2719 pulls a special mixed train on the Lake Superior Railroad Museum’s North Shore Scenic Railroad at Knife River, Minn. on Sept. 8, 2011. Steve Glischinski DULUTH, Minn. – After years of negotiations between the City of Eau Claire, Wis., and Duluth’s Lake Superior Railroad Museum, an agreement has been reached […]
