U.S. DOT rescinds $327 million in funding for Boston road/rail project

Map of road and rail project in Boston's Allston neighborhood

BOSTON — The Trump administration has rescinded a $327 million grant awarded in 2023 or the Allston Multimodal Project, which calls for realignment of Interstate 90 and a new Massachusetts Bay Transportation Authority commuter rail station and layover facility, among other features. The funding termination follows President Donald Trump’s signing of a bill that eliminated […]

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Coal, intermodal, grain boost U.S. rail traffic

High-angle view of coal train approaching curve

Three traffic segments have driven Class I railroad performance in 2025, according to Association of American Railroads data: intermodal, coal, and grain. Year-to-date, intermodal volume is up 5% compared to the same stretch in 2024; coal is up 6%, and grains are also up 6%. Union Pacific is moving the most coal: In the most […]

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Unifor members ratify new contract with VIA Rail Canada

MONTREAL — Members of the union representing about 2,500 VIA Rail Canada employees have ratified a new three-year contract with the passenger operator. Unifor announced Thursday (July 17, 2025) that members of its Council 4000 and Local 100 ratified the tentative agreement reached in June [see “VIA Rail Canada, Unifor announce …,” Trains News Wire, […]

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NJ Transit ratifies new deal with engineers

Commuter train at junction

NEWARK, N.J. — The NJ Transit board of directors has approved the agency’s contract with the Brotherhood of Locomotive Engineers and Trainmen, after learning some of the key provisions of the deal. The board’s unanimous vote on Thursday, July 17, ends a years-long dispute between NJ Transit and its engineers that included a brief strike […]

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California sues over FRA cancellation of high speed funding

Man speaking at podium under banner marking California high speed rail construction

SACRAMENTO, Calif. — The California High Speed Rail Authority is suing the Trump administration over its termination of $4 billion in previously awarded federal funding for the state’s high speed project. A press release from Gov. Gavin Newsom says the lawsuit alleges the Federal Railroad Administration’s termination of the funding is political retribution “motivated by […]

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Union Pacific floats transcon merger trial balloons: Analysis

Union Pacific appears to be using a familiar playbook that large, publicly traded companies trot out when considering mergers and acquisitions: Send up trial balloons and see how they fly. These trial balloons let management gauge market reaction, political sentiment, and how the media might spin the story, all without committing to a deal. They […]

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CPKC reports merger-related growth figures

Train with two CPKC locomotives crossing bridge

WASHINGTON — Canadian Pacific Kansas City’s merger-related traffic grew 18.8% during the six-month period covered in its latest report to federal regulators. The July 15 report, which is required as part of the STB’s ongoing monitoring of the merger, covers the period from Nov. 1, 2024, through April 30 and compares traffic levels to the […]

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Report: Investment firm advising Union Pacific on potential merger

Freight train with yellow locomotive

Union Pacific is working with Morgan Stanley investment bankers to provide guidance on the potential acquisition of another Class I railroad, the online publication Semafor reported on Wednesday, citing people familiar with the matter. UP and Morgan Stanley declined to comment to the media outlet. CSX and Norfolk Southern stock prices surged on the news, […]

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Few rail projects included in latest BUILD grant awards

WASHINGTON — The U.S. Department of Transportation on Tuesday (July 15) announced some $488 million in grants under the Better Utilizing Investments to Leverage Development, or BUILD, grant program. While 77% of the funding is for road and bridge projects, two projects totaling $3.2 million are designated as rail projects and at least two others […]

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