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LAGUNA BEACH, Calif. – The looming dockworker strike on the U.S. East and Gulf Coasts could turn into a long-term opportunity for Canadian Pacific Kansas City to develop the Mexican port of Lazaro Cardenas into an alternate gateway to Texas, CEO Keith Creel says. The International Longshoremen’s Association says its 45,000 workers will walk off […]
MONTREAL – Canadian National has lowered its financial outlook for the year due to the impact of several factors, including the rail labor uncertainty and work stoppage in Canada, wildfires in Alberta, weaker than expected demand for forest products and metals, and delayed recovery of international intermodal volumes. CN now expects to deliver earnings per […]
With Tropical Storm Francine approaching the Texas and Louisiana Gulf Coast – and expected to make landfall tomorrow afternoon – Amtrak has canceled or modified service on its trains that serve New Orleans. Union Pacific, meanwhile, today told customers that it’s preparing for the storm, which is expected to strike as a Category 2 hurricane. […]
News & Products for the week of September 9th 2024 Model railroad operators and builders can get the latest information about locomotives, freight cars, passenger cars, tools, track, and more by reading Model Railroader’s frequent product updates. The following are the products Model Railroader editors have news on for the week of September 9th […]
WASHINGTON — More regulatory oversight is needed to keep rail volumes from shifting to trucks and limiting the railroads’ growth potential, rail customers have told the Surface Transportation Board. Their testimony, along with that of railroads, unions, industry consultants and others, has been filed with STB ahead of a two-day hearing at the agency next […]
You can’t blame Amtrak for being disappointed with the on-time performance of its long distance trains, which roll off the vast majority of their mileage on host railroads. In the 12 months ending June 30, 2024, just 57% of long distance passengers arrived on the advertised. Amtrak’s No. 1 culprit for late trains: Freight train […]
ATLANTA – Norfolk Southern confirmed late Sunday night that its board has opened an investigation into allegations of conduct by CEO Alan Shaw that is “inconsistent with the company’s Code of Ethics and company policy.” The Wall Street Journal reported this afternoon that Shaw is expected to leave the company by the end of the […]
ATLANTA – The Norfolk Southern board of directors is investigating allegations that CEO Alan Shaw had an inappropriate workplace relationship, CNBC reported today, citing three unnamed people said to be familiar with the matter. The investigation is in its early stages, the network reported, and it is possible that no misconduct may be uncovered. Norfolk […]
DENVER — Shortline holding company OmniTRAX has acquired Central Arizona Commerce Park’s rail infrastructure and remaining park acreage. With the acquisition, OmniTRAX becomes the exclusive infrastructure partner of the 679-acre industrial park located in Casa Grande, which is midway between Phoenix and Tucson. This move marks OmniTRAX’s third rail transaction in the past six months […]
FORT WORTH, Texas — BNSF Railway has sharply increased the insurance coverage requirements for shippers of certain hazardous materials, which has prompted chemical producers to express “grave concerns” in a letter to CEO Katie Farmer. The move comes in the wake of the February 2023 hazardous materials derailment in East Palestine, Ohio, which has cost […]
FORT WORTH, Texas — BNSF Railway has launched a Shortline Select program designed to improve interchanges and service while deepening the commercial ties between the Class I and its short line connections. The first participating short line is Genesee & Wyoming’s 339-mile Alabama & Gulf Coast Railway (AGR), which interchanges with BNSF at Armory, Miss. […]
LOS ANGELES — The U.S. container port arms race is moving by rail. The Los Angeles Harbor Commission on Thursday said it has approved a lease amendment that finalizes plans for $52 million to improve the on-dock rail capacity at the Port of Los Angeles Pier 300. Pier 300, the second-largest terminal at Los Angeles, […]
