News & Products for the week of May 6th 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 May 6th […]
FORT WORTH, Texas — BNSF Railway’s first-quarter earnings and revenue declined despite a 7% increase in freight volume. Quarterly operating income declined 7%, to $1.72 billion, as revenue declined 6%, to $5.66 billion, BNSF and its parent company, Berkshire Hathaway, reported on Saturday. The railway’s operating ratio was 69.5%, up 1.1 points from a year […]
If activist investor Ancora Holdings wins its Norfolk Southern proxy battle this week, its new management team aims to generate unprecedented growth in carload traffic over the next four years. Ancora plans to run the same playbook that CSX has used since it shifted to a Precision Scheduled Railroading operating plan in 2017. Improve your […]
The year and locomotive number are the same – 1954 – as one of Louisville & Nashville’s big M-1-class “Big Emma” 2-8-4s leads an Atlanta-bound freight out of Decoursey Yard in Kentucky, a few miles south of Cincinnati. Louisville & Nashville photo […]
SAN CLEMENTE, Calif. — Use of some 500,000 cubic yards of sand as a buffer has been added to the Orange County Transportation Authority’s plans to protect the Surf Line through San Clemente, the Orange County Register reports. The route used by Metrolink commuter trains, Amtrak’s Pacific Surfliners, and BNSF freight traffic has been plagued […]
CLEVELAND — With less than a week to go in its Norfolk Southern proxy fight, activist investor Ancora Holdings has questioned the railroad’s service improvements, won support from a small proxy advisory firm, and sought to woo shareholders with a letter from CEO candidate Jim Barber Jr. NS has touted the pace of operational improvements […]
OMAHA, Neb. — Union Pacific has tightened its domestic intermodal schedules between the Los Angeles Basin and Chicago by two days, and now offers three-day transit time that is competitive with team driver truck service. “In an effort to better serve our customers and simultaneously penetrate volume moving over the road, Union Pacific is pleased […]
ALTOONA, Pa. — Norfolk Southern’s Lackawanna heritage locomotive, SD70ACe No. 1074, has emerged from the Juniata Locomotive Shop with a fresh coat of paint. NS, which showed off the locomotive on social media yesterday, says it took 10 carmen 750 hours to blast, prep, and paint the unit. More than 105 gallons of primer, color […]
MEXIA, Texas — About a dozen cars of grain derailed on a Union Pacific train Wednesday evening near Mexia, KCEN-TV reports. KXXV-TV places the incident in Shiloh, Texas, about 5 miles southeast of Mexia, and says it occurred about 6:45 p.m., after heavy rains and flooding in the area led to a washout, according to […]
CHICAGO — Surface Transportation Board Chairman Martin J. Oberman on Wednesday blasted activist investor Ancora Holdings, saying that its plans for Norfolk Southern are a threat to rail service and the U.S. economy. Ancora and NS are trying to woo the railroad’s shareholders in a bitter proxy battle that will end May 9 at the […]
JACKSONVILLE, Fla. — Gulf & Atlantic Railways has changed its name to Pinsley Railroad Co. following its October 2023 acquisition of Pioneer Valley Railroad, the last Pinsly-owned short line. The company announced it was adopting the name of the second-oldest shortline holding company in North America, dating to 1938, on Wednesday, May 1. “It is […]
WASHINGTON — Overall U.S. rail traffic was up 1.2% in April, the third straight month of gains compared to 2023, according to statistics from the Association of American Railroads. Traffic for the week ending April 27 was also up, marking the 14th straight week traffic exceeded levels of a year earlier. April’s figures included a […]
