James Foote, CSX Transportation CEO CSX Corp. JACKSONVILLE, Fla. — CSX Transportation set a record for the lowest U.S. Class I railroad operating ratio in 2018 and expects the key measure of efficiency to drop below 60 percent this year, a year ahead of schedule. “What an incredible year,” CEO Jim Foote said on the […]
Mark Wallace, CSX executive vice president of sales and marketing TRAINS: David Lassen LOMBARD, Ill. — Proclaiming that his railroad has gone “from worst to first” in just 20 months, CSX Transportation’s Mark Wallace offered a strongly positive view of Precision Scheduled Railroading Thursday at the Midwest Association of Rail Shippers conference. Wallace made his […]
Amtrak’s “Beef short rib” meal Bob Johnston WASHINGTON — Characterizing the change as an “evolution,” Amtrak says sleeping car passengers will have new meal options on the Chicago-New York/Boston Lake Shore Limited and Chicago-Washington, D. C., Capitol Limited starting this week. On June 1, 2018, Amtrak reduced dining car staffs on those trains from a […]
NEW YORK — New Yorkers are a hearty group; bad hurricanes, horrible weather, monster traffic delays, commuter transit nightmares and even local restaurant closings are usually dealt with mild invective and a shrug, but L-train reconstruction has riders using stronger invectives as involuntary changes re-shape their lives, possibly the next two years. There was an […]
No. 612’s boiler and running gear are reunited in Ohio at the Age of Steam Roundhouse in 2015. Age of Steam SUGARCREEK, Ohio — As the Age of Steam Roundhouse prepares for its first season of public tours beginning in May, the museum has also been working on a special project for a World War […]
BNSF Railway Executive Chairman Matt Rose, left, speaks with independent rail analyst Anthony B. Hatch, right, at the Midwest Association of Rail Shippers’ conference in Lombard, Ill., on Jan. 16, 2019. TRAINS: David Lassen LOMBARD, Ill. — What’s on Matt Rose’s mind? Lots. As part of a long-ranging conversation with independent rail analyst Anthony B. […]
BNSF Railway Executive Chairman Matt Rose speaks to an audience at the Midwest Association of Rail Shippers conference in Lombard, Ill., on Jan. 16, 2019. TRAINS: David Lassen LOMBARD, Ill. — Matt Rose has a lot of things on his mind as he nears the end of his tenure as executive chairman of BNSF Railway. […]
JACKSONVILLE, Fla. — CSX Corp. today announced fourth quarter 2018 net earnings of $843 million, or $1.01 per share, versus $4,140 million, or $4.62 per share on a GAAP basis ($0.64 on an adjusted basis) in the same period last year. Fourth quarter 2017 net earnings included a tax reform benefit resulting from the Tax […]
G&W CEO John C. Hellmann TRAINS: David Lassen LOMBARD, Ill. — Precision Scheduled Railroading is not just for Class I railroads — either as a concept or in its impact. Railroading’s most inescapable topic also reaches short lines, as Genesee & Wyoming chairman, president, and CEO John Hellman outlined during his Wednesday luncheon address to […]
The westbound Empire Builder prepares to leave Minot, N.D. on March 1, 2007. North Dakota has been largely spared of heavy snowfall totals this winter. Bob Johnston WASHINGTON — Not mentioned in reports of cancelled flights and accident-strewn snowbound highways as a major winter storm moved from the Midwest to the Mid-Atlantic region last weekend […]
CHICAGO — Newly released video taken from the cab of a Metra commuter train shows the train narrowly missing a vehicle as it passed through a crossing where the gates had not lowered. It was the second video of a harrowing close call that took place Nov. 9 on the Metra Rock Island Line tracks at […]
CHICAGO — Not one but three Metra trains passed through a grade crossing in Mokena, Ill., where the gates and signals had failed to operate properly, narrowly missing several vehicles, Metra officials acknowledged Wednesday. The incidents took place Nov. 9 on Metra’s Rock Island line at the 191st Street crossing. A near hit involving one […]
