KCS reports record quarterly revenue, carloads NEWSWIRE

KCS - Mark Mautner

Mark Mautner KANSAS CITY, Mo. – Kansas City Southern reports record revenue and carloads in the third quarter of 2014 revenues. Revenue is reported at $678 million, while carload volumes are 4 percent higher. Third quarter revenue growth was led by a 28 percent increase in automotive, and a 13 percent increase in industrial and […]

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Canadian Pacific’s predecessors

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Some men go to war for their country. Others build railroads. In both ventures, there is sacrifice, struggle, and honor. The driving of the Canadian Pacific’s final spike at Craigellachie, B.C., in 1885 marked a defining moment in Canada’s transformation from a vast swath of land into a nation — a political and economic engine […]

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Weekend service to be restored on three Boston commuter lines NEWSWIRE

MBTA Jonelle DeFelice

Jonelle DeFelice BOSTON – The Massachusetts Bay Transportation Authority will restore weekend commuter rail service on three lines beginning this winter. The Kingston/Plymouth and Greenbush lines will see the return of Saturday and Sunday service and the Needham Line will resume Saturday service after a two-year absence on Dec. 27. Facing a deficit for the […]

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Poof!

  CSX train Q257 with C40-8W No. 7893 rolls past the signal at MP 51 on the former Toledo & Ohio Central main line three miles north of Arlington, Ohio, on Jan. 19, 2014. Photo by Dale A. DeVene Jr. […]

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The merger puzzle

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A westbound trackage rights train is seen at Otis, Ind., in March 2014 with Canadian Pacific and CSX Transportation power. Bruce Stahl Procter & Gamble agrees to buy Gil­lette. Kmart takes over Sears. Federated Department Stores gobbles up rival May. Mergers filled the business news in 2004 and early 2005, and experts predict the trend […]

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Crew injured in Arkansas & Missouri derailment NEWSWIRE

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Dale Rush FORT SMITH, Ark. – The conductor and engineer of an Arkansas & Missouri train that derailed Friday morning have come away with only minor injuries from the incident. Both have been released from the hospital. No hazardous materials are involved. According to Police Chief Ron Sparks, the southbound, 98-car train derailed at a […]

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