Norfolk Southern’s decision to hire a chief operating officer with Precision Scheduled Railroading expertise increases the likelihood that the embattled railroad will reach a settlement with activist investor Ancora Holdings, Wall Street analysts say. NS on Wednesday announced that Canadian Pacific Kansas City executive John Orr would become its chief operating officer, effective immediately. Orr […]
WASHINGTON — Five rail-related projects are among those selected for funding under the U.S. Department of Transportation’s Strengthening Mobility and Revolutionizing Transportation, or SMART, grant program announced last week by the U.S. DOT. A total of 34 projects in 22 states, the District of Columbia, and Puerto Rico received grants totaling $54 million under the […]
PITTSBURGH — A seven-week closure of Pittsburgh Regional Transit light rail lines in downtown Pittsburgh is set to begin April 5, part of a newly accelerated schedule for a multi-year, $150 million project to improve the light rail network. The transit agency announced Tuesday, March 19, that it would combine multiple projects that were intended […]
WASHINGTON — Intermodal traffic, which was a weakness for rail traffic in most of 2023, remains the strength in the weekly rail traffic statistics so far in 2024. U.S. rail volume for the week ending March 16 was up 6.7% over the same week a year ago, according to statistics from the Association of American […]
HOT SPRINGS, Ark. — The Arkansas Midland Railroad will pay a penalty of more than $910,000 as part of a settlement over alleged hazardous waste violations, the U.S. Environmental Protection Agency has announced. The EPA says the railroad stored more than 750,000 gallons of o-Chlorotoluene, a highly flammable and toxic material, in up to 34 […]
WASHINGTON — U.S. Sens. Dick Durbin and Tammy Duckworth (both D-Ill.) met with Canadian National Railway CEO Tracy Robinson on Tuesday to discuss the railroad’s involvement in the Chicago Hub Improvement Program, the plan to modernize Chicago Union Station and rail routes leading to the station. U.S. Rep. Mike Quigley (D-Chicago) also participated in the […]
PRESCOTT, Ontario — The union representing rail traffic controllers and Canadian National Railway have both taken issue with a report by the Transportation Safety Board of Canada citing alcohol use by a controller as a factor in a September 2021 collision involving two CN trains — although for very different reasons. The report issued March […]
On February 2, 1949, 75 years ago, a train arrived in New York harbor. It was not on the rails serving some dock, but rather small boxcars tucked into the hold of the S.S. Magellan. The ship docked at Weehawken, N.J., amid great fanfare — scores of U.S. Air Force planes saluted in a flyover, […]
ATLANTA — Norfolk Southern has issued a letter and launched a website with information urging the shareholders to vote for the railroad’s slate of board nominees in the proxy fight with a group of activist investors, and set May 9 as the date for its annual shareholders meeting that will determine the outcome of that […]
PHILADELPHIA — Amtrak has begun a $122 million project to improve its Harrisburg line between Lancaster, Pa., and Harrisburg, a project that will see some trains replaced by a bus bridge on that 36-mile segment four days a week for more than six months beginning April 8. Those outages, along with schedule adjustments at other […]
KANSAS CITY, Mo. — Freight rail company Cathcart Rail is set for a two-phase expansion, valued at more than $10 million, of its railcar repair facility, the Economic Development Corp. of Kansas City, Mo., has announced. Plans call for Cathcart to renovate its and expand its existing facility at 7750 Wilson Ave., near the Missouri […]
ATLANTA — Amid a proxy fight with an activist investor, Norfolk Southern on Wednesday will name Canadian Pacific Kansas City executive John Orr as its chief operating officer, Trains News Wire has learned. Orr brings a Precision Scheduled Railroading operations background — which is prized on Wall Street — to Norfolk Southern as the company […]
