More than 500 accept Amtrak buyouts

Passenger train on curve

WASHINGTON — More than 500 management and union employees are accepting buyout offers to leave Amtrak as part of the company called a “self-help” effort to defray the financial impact of revenue losses from the COVID-19 pandemic. Last Friday, July 24, was the final day for many of those departing. The one-time payouts to 284 […]

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CSX shuts Pittsburgh-area intermodal facility NEWSWIRE

csxtomorrow

McKEES ROCKS, Pa. — CSX Transportation has closed its Pittsburgh-area intermodal terminal, which opened in September 2017 as the last major element of the National Gateway Initiative double-stack clearance project. CSX touted the terminal’s ability to allow shippers in western Pennsylvania to shift freight from highway to rail. It initially served 40 destinations under the […]

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Class I operating ratios reach new lows in 2019 NEWSWIRE

CSX_Blue_Island_Lassen

A CSX train passes through Blue Island, Ill., in September 2019. CSX led Class I railroads in operating ratio in 2019. TRAINS: David Lassen The operating ratio at every Class I railroad fell below 65% for the first time in 2019 as the industry average improved to an all-time low of 61.9%. The increased profitability […]

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Tri-Rail sets ridership record in 2019 NEWSWIRE

TriRail_WestPalm_Lassen

A Tri-Rail train parallels Interstate 95 as it heads south from West Palm Beach toward Miami. The commuter railroad set a ridership record in 2019. TRAINS: David Lassen MIAMI — The Miami-area Tri-Rail commuter service set a ridership record in 2019, carrying 4,495,039 passenger, the South Florida Regional Transportation Authority announced last week. The figure […]

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