UP announces $3.4 billion capital plan for 2024

Yellow locomotives on train of tank cars. Union Pacific Wabtec sign $1.2 billion deal for locomotive modernizations.

OMAHA, Neb. — Union Pacific plans to spend $3.4 billion on capital projects in 2024, the railroad announced Wednesday, with more than half of that going to basic infrastructure upgrades and replacement, such as rail, ties, and ballast. The $1.9 billion for infrastructure represents approximately 56% of the capital plan. Another $600 million is budgeted […]

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U.S. weekly rail traffic remains ahead of 2023 levels

Weekly table showing U.S. carload rail traffic by commodity type, plus overall intermodal volume.

WASHINGTON — U.S. rail traffic was up from 2023 levels for the fourth straight week, according to statistics from the Association of American Railroads, with overall traffic showing a 3.7% gain for the week ending Feb. 17. Total traffic for the week was 474,226 carloads and intermodal units. That included 220,539 carloads, down 0.6% from […]

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CPKC says union for Canadian crews misrepresents negotiations

CPKC logo

CALGARY — The union representing engineers, conductors and yard workers has “chosen to grossly misrepresent the facts” and “distorted the truth,” Canadian Pacific Kansas City said late Monday in a response to statements by the Teamsters Canada Rail Conference regarding contract negotiations, saying the railroad has “offered two options for renewed contracts that provide benefits […]

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BNSF train derails in Montana

Torn up track and overturned tank cars at derailment site

HEDGESVILLE, Mont. — Twenty-six cars of a BNSF train derailed early Monday near Hedgesville, in Golden Valley County in central Montana. The incident occurred about 3:30 a.m., according to the Golden Valley County Sheriff’s Office. No injuries were reported, and all the cars that derailed were empty. KTVQ-TV reports BNSF was hoping to have the […]

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Ukraine’s railways enter third year of war (updated)

Fire-damaged passenger cars in yard

Ukraine and its rail network will enter the third year of full-scale war this Saturday, Feb, 24, following the Russian invasion of the country in 2022. While the front line in the country’s east has barely moved in a year, the role of the railways has evolved. The immediate urgency of evacuating civilians has passed, […]

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