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SAINT-OUEN-SUR-SEINE, France — Alstom will sell its North American signal business to Knorr-Bremse of Germany for about €630 million, or about $671 million, the companies announced today. The sale, which Alstom describes as covering the conventional portion of its North American signaling business, is part of a plan announced in November to sell up to […]
MONTREAL —Remi G. Lalonde will become Canadian National’s executive vice-president and chief commercial officer effective April 24, succeeding Doug MacDonald, who will retire after almost 35 years. Lalonde had joined CN in January, becoming executive vice president and special advisor to the CEO while transitioning to the role he’ll assume on the 24th. He previously […]
PITTSBURGH — Wabtec will work with the Australian Rail Track Corp. to help develop interoperability of the country’s rail system, the two companies have announced. Wabtec will work to develop the interoperability standard between ARTC’s Advanced Train Management System and European Rail Traffic Management System 2, also used in Australia. “ARTC recognizes the complex challenge […]
WASHINGTON — Data analysis can help Amtrak avoid fraud in the procurement process as it deals with historic amounts of funding for infrastructure projects, Amtrak’s Office of Inspector General says in a new report. The report issued Wednesday, April 17, is a follow-up to one last year that identified procurement and contracts as one of […]
WASHINGTON — Carloads remained down but intermodal traffic continued strong, allowing weekly U.S. rail volume to remain above 2023 levels for the 12th straight week, according to statistics from the Association of American Railroads. For the week ending April 13, total U.S. traffic was 466,463 carloads and intermodal units, an increase of 1.5% over the […]
WASHINGTON — Five commuter rail leaders alerted members of Congress to long-festering issues at a hearing on Capitol Hill today (Wednesday, April 17). It is unclear if the lawmakers are prepared to champion changes suggested by witnesses during the session by the House Transportation and Infrastructure Committee Railroads’ Pipelines, and Hazardous Materials Subcommittee, “Commuter rail […]
JACKSONVILLE, Fla. — CSX reported weaker first-quarter profits today as revenue fell despite higher freight volumes. “Working together, the ONE CSX team delivered a good start to the year that was in line with our expectations,” CEO Joe Hinrichs said in a statement. “We were pleased to see our consistent customer service performance lead to […]
WASHINGTON — The Surface Transportation Board today closed the book on its investigation of Union Pacific’s record use of congestion-related embargoes in 2022 – but not before scolding the railroad for failing to comply with board orders and requests for information. “UP’s conduct in this regard bordered on the contumacious and cannot be viewed as […]
PITTSBURG, Kan. – Watco has made several executive leadership changes that the short line holding company says will refine its focus and simplify its mission. “This new structure will better support Watco’s focus on ensuring we have the best possible solutions for our customers and that our team is armed with the tools necessary to […]
AUGUSTA, Maine — Railroads in Maine face new requirements for reporting the transport of hazardous materials in the state after Gov. Janet Mills signed an emergency bill into law on Friday, the Portland Press Herald reports. LD1937 was introduced last year following a Rockwood, Maine, derailment and fire that saw three crew members injured [see […]
JACKSONVILLE, Fla. – Former CSX CEO Jim Foote, who helped turn the railroad from industry laggard into a leader, died yesterday. He was 70. “Jim’s leadership was instrumental in guiding CSX through a transformational period in our company’s history, advancing CSX to new heights, marked by record operating and financial performance,” CSX CEO Joe Hinrichs […]
WASHINGTON — Amtrak on Tuesday announced it has released a Request for Information seeking information on zero-emission technologies for the company’s rail fleet as a step toward eliminating its current diesel locomotive fleet. “Finding the cleanest technologies to carry customers across our vast network will be transformative as we deliver a new era of rail,” […]
