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WASHINGTON — The well-established pattern for U.S. rail traffic continued for the week ending April 6: carload traffic was down compared to the same week in 2023, while intermodal traffic was up. Overall, that added up to 450,142 carloads and intermodal units, a 1.6% increase compared with the corresponding week a year ago, according to […]
BURLINGTON, Vt. — Vermont Rail System has reached an agreement to purchase assets and operating rights of the New Hampshire Central Railroad to expand its operations in northern New Hampshire, the companies announced Tuesday. “VRS has a 60-year tradition of helping local businesses with efficient and reliable freight service,” Selden Houghton, Vermont Rail System president, […]
CHICAGO — Quentin Schulte has been named president of Northern Lines Railway, Anacostia Rail Holdings has announced. Schulte has previously been the general manager of the 25-mile railroad that operates BNSF Railway trackage in the St. Cloud, Minn., area, handling more than 10,000 carloads annually. He joined the short line after 15 years with BNSF […]
ATLANTA — Norfolk Southern, which remains under pressure from an activist investor, today took the unusual step of releasing preliminary first quarter financial results, which included a $600 million proposed settlement of a class action lawsuit related to the East Palestine, Ohio, hazardous materials wreck. Including the impact of the settlement, the railroad’s operating income […]
DENVER — Colorado legislation limiting train lengths and requiring wayside detectors, among other provisions, has passed the state’s House of Representatives and been introduced in the Senate. HB24-1030 is sponsored in the House by state Rep. Javier Mabrey (D-Denver) and in the Senate by Sens. Lisa Cutter (D-Lakewood) and Tony Exum (D-Colorado Springs.). As passed […]
At the Pennsylvania Railroad’s Pittsburgh Region desk F (foreground), the dispatcher for the Esplen (south end of the Ohio Connecting Bridge)–Brownsville, Pa., line works with a new style of trainsheet, while his colleague on desk I, Pittsburgh–Gould Tunnel, Ohio, uses the standard type in 1956. Philip R. Hastings photo […]
News & Products for the week of April 8th 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 April 8th […]
CLEVELAND – Ancora Holdings’ campaign to oust Norfolk Southern’s management team last week gained the support of New York investment management firm Neuberger Berman, which said it has concerns about the railroad’s operations, strategy, safety, and service. “We believe a change in management and refreshment of the board … are warranted and could stimulate improved […]
ATLANTA – Norfolk Southern has pruned its intermodal network and made the operating ratio a key component of its executive compensation plans, the railroad announced yesterday amid its proxy battle with activist investor Ancora Holdings. NS has eliminated 53 low-volume intermodal lanes — or 15% of its intermodal network — that had limited growth prospects. […]
Class I railroads can continue business as usual and watch their earnings stagnate and profitability fall as their freight volume declines through 2030. Or they can make meaningful service improvements, become easier for customers to deal with, and launch new intermodal services that capture freight from trucks. Adopting a successful growth strategy will boost revenue, […]
CAPE BRETON, Nova Scotia — The government of Nova Scotia has ended a subsidy for a dormant section of short line in the province because it sees no chance the line will be restored to operation any time soon, the CBC reports. The move regarding the Cape Breton & Central Nova Scotia Railway comes after […]
CSX CEO Joe Hinrichs today released the first photos of the railroad’s Western Maryland heritage locomotive. The unit, No. 1852 in honor of the Western Maryland’s founding year, was rolled out of the paint shop in Waycross, Ga., and into the sun. It includes the railroad’s fireball logo. “Here is the latest Heritage Locomotive from […]
