MONTREAL – Canadian National today rebutted Canadian Pacific’s criticism of its dueling bid for Kansas City Southern, saying its higher offer is superior, will enhance competition, and clear regulatory hurdles. “Rather than acknowledge the clear and substantial superiority of CN’s proposal for KCS shareholders, CP has sought to distract investors and attack CN’s proposal with a […]
OMAHA, Neb. — Union Pacific reported lower quarterly earnings on Thursday as harsh winter weather took a toll on volume and revenue. UP’s quarterly operating income declined 7%, to $1.99 billion, as revenue sank 4%, to $5 billion. Earnings per share declined 7%, to $2. UP’s operating ratio rose 1.1 points to 60.1% due to […]
The layout at a glance Name: Ashland & Iron Mountain RR Scale: On30 (1:48 proportion, 30″ gauge) Size: 24′-6″ x 39′-0″ Prototype: freelanced, inspired by Quincy & Torch Lake RR Locale: Keweenaw Peninsula of Upper Michigan Era: late 1930s-1940s Style: walk-in Mainline run: 202 feet Minimum radius: 27″ Minimum turnout: no. 5 Maximum grade: 2.5 […]
The layout at a glance Scale: HO (1:87.1) Size: 28 x 40 feet Prototype: Freelanced Locale: Western U.S. mountain states Era: 1950s Style: walk in Mainline run: 200 feet Minimum radius: 30″ Minimum turnout: no. 5 Maximum grade: 2 percent Benchwork: L-girder Height: 42″ to 51″ Roadbed: cork on 3⁄4″ plywood Track: code 83 visible, […]
CALGARY, Alberta — Canadian Pacific’s operating profit and revenue declined in the first quarter, but executives said the railway was gaining momentum as volume reached an all-time high in March. Quarterly operating income declined 6%, to $780 million, as revenue declined 4%, to %1.95 billion, CP reported on Wednesday. Earnings per share, adjusted for the impact […]
NEW YORK — Natural lighting from huge skylights, spacious concourses, and dramatic entrances are key features of a dramatically reconfigured Penn Station under reconstruction options announced by Gov. Andrew Cuomo and renderings released by the Metropolitan Transportation Authority. The plans announced Wednesday offer two options — one that would retain the current two-level boarding configuration […]
Chicago Transit Authority begins testing in-service of new railcars on Blue Line The Chicago Transit Authority announced Wednesday it has begun in-service testing for its newest railcars, the 7000-series cars being built by CRRC Sifang, an affiliate of Chinese rail equipment giant CRRC, at its Hegewisch plant on Chicago’s Far South Side. The cars are […]
WASHINGTON — U.S. rail traffic for the week ending April 17 remains far ahead of pandemic-depressed figures for the same week in 2020, and also shows a slight increase over figures for the week ending April 10 of this year. Statistics from the Association of American Railroads show U.S. railroads moved 237,607 carloads for the […]
Automobile unloading Ramps at many early auto-handling facilities were permanently mounted. This Buck ramp on the Louisville & Nashville in 1962 has a full-width platform and can be adjusted to any deck height. Photo by Louisville & Nashville […]
CALGARY, Alberta — Canadian Pacific CEO Keith Creel says there’s no reason to sweeten his railroad’s $29 billion offer for Kansas City Southern because Canadian National’s dueling $33.7 billion bid is so anti-competitive that it would never make it out of the starting gate. Kansas City Southern’s board is considering CN’s unsolicited offer, which was announced […]
John Feraca started working on his Stone Canyon HO scale layout in 2003. After several expansions, it now fills a 28 x 40-foot space. The freelanced layout depicts the mountain west of the United States, but there are also town scenes and plenty of industries to keep operators busy. John used kits from Walthers Cornerstone, […]
Q: Here are several photos of an HO scale wall hanging diorama that I bought at a garage sale. I’m trying to learn more about it. However, I can’t make out the artist’s last name on the back and I can’t find an address or phone number for the company whose name is also stamped […]
