WASHINGTON — The Surface Transportation Board today accepted Canadian National’s application to acquire short line Iowa Northern Railway, said the $230 million deal qualifies as a minor transaction, and set a schedule for a review of the merger. The STB must approve minor transactions unless it finds a merger would harm competition. CN says acquisition […]
NEW ORLEANS — The New Orleans Public Belt Railroad’s board of commissioners has awarded a $2.2 million contract for construction of a new transload facility. The contract was awarded on Tuesday to Cycle Construction Co. LLC for construction of the NOPB Transloading Industrial Park in New Orleans East. The $3 million project will be funded […]
ALEXANDER, W.Va — West Virginia’s Beech Mountain Railroad appears to have reached its final chapter. Owner Carter-Roag, a subsidiary of United Coal, has returned its two leased SW1500s to LTEX (also known as Larry’s Truck & Electric); those engines had been brought in to move the stockpile of coal remaining after the closure of Carter-Roag’s […]
WASHINGTON — Weekly U.S. rail traffic for the week ending Feb. 24 was again up compared to 2023, according to statistics from the Association of American Railroads. Overall traffic was 483,656 carloads and intermodal units, up 7.7% from the same week a year ago. It was the fifth straight week volume has bettered figures from […]
WASHINGTON — The Norfolk Southern engineer killed in a Jan. 31 incident in Decatur, Ala., suffered fatal injuries when his locomotive was struck by a group of 35 railcars rolling on an adjacent track, the National Transportation Safety Board said in a preliminary accident report released today (Wednesday, Feb. 28). The incident occurred about 4:15 […]
ELKO, Nev. — Sixteen railcars of corn from a Union Pacific train derailed near the Amtrak station in Elko early today (Wednesday, Feb. 28), striking the support of a street overpass and raising question about the bridge’s structural integrity. No injuries were reported and no hazardous materials were involved. The Associated Press reports the derailment […]
FORT WORTH, Texas — BNSF Railway has cut jobs from mechanical shops in Kansas and Nebraska and has offered affected workers positions at facilities where it is hiring. The railroad did not say where jobs were cut or how many positions were eliminated. But local news reports said that more than 100 positions were cut […]
Connecticut Southern Railroad was created by short line holding company RailTex in 1996, assuming Conrail’s freight operations over 55 miles of Amtrak’s Springfield Line between Springfield, Mass., and North Haven, Conn., as well as branches the new railroad purchased from Conrail. Four years later, RailTex was purchased by RailAmerica, which in turn was acquired by […]
SAN CLEMENTE, Calif. — Work has begun on a 200-foot-long wall to protect the Surf Line rail right-of-way from landslides at the site that has halted passenger train traffic through San Clemente since Jan. 24, the Orange County Transportation Authority announced. The wall, expected to be 10 to 15 feet tall, will be anchored by […]
VANCOUVER, British Columbia — A broken wheel led to the derailment of 61 cars of a Canadian National potash train near Floods, B.C., in the Fraser River Canyon in a 2020 incident, the Transportation Safety Board of Canada determined in its final accident report. The report on the Sept. 14, 2020, derailment of the Vancouver-bound […]
CHICAGO — BNSF Railway will pay $75 million to settle a biometric privacy lawsuit in which it was originally assessed a $228 million penalty, only to have that award thrown out on appeal, Reuters reports. The settlement was originally reported last September, but terms had not been disclosed until a Monday filing in federal court […]
The proxy battle that activist investor Ancora Holdings is waging against Norfolk Southern isn’t just about the direction NS should take and who should run the company. It’s a fight for the future of the railroad industry. The Cleveland-based activist investor seems to be taking the position that railroads shouldn’t grow. They argue that intermodal, […]
