WINNIPEG, Manitoba — Cando Rail & Terminals has named Nate Servis as chief financial officer effective Tuesday, March 26, replacing the retiring Rick Soenen. Servis brings more than 15 years of Wall Street experience in transportation and logistics to the position. He joins the company from Wells Fargo Securities, where he was most recently managing […]
WINNIPEG, Manitoba — An undetected rail flaw that led to a broken rail as the train passed over it caused the derailment of a Canadian Pacific potash train at Silton, Saskatchewan in October 2021, the Transportation Safety Board of Canada said in an investigation report released today (Tuesday, March 26). The incident occurred at 5:02 […]
SOCORRO, N.M. — BNSF Railway is estimating it will reopen its main line at approximately 7 a.m. local time Wednesday after a Monday, March 25, derailment of an undetermined number of railcars near Socorro. The railroad indicated in an advisory to customers that the derailment occurred about 10 p.m. KOB-TV reports that no one was […]
WASHINGTON — The National Transportation Safety Board is looking at Norfolk Southern rules, procedures, and crew training relating to train handling as it continues its investigation into the collision and derailment involving three trains that occurred March 2 in Lower Saucon Township, Pa., according to the preliminary investigation report issued today (Tuesday, March 26). The […]
WASHINGTON — The Railway Supply Institute, the trade group representing the companies that build and lease freight cars, today asked federal regulators to take action that would prevent the North American boxcar fleet from hurtling over a looming retirement cliff. The problem: Boxcars are being scrapped at a faster rate than they are being built. […]
CLEVELAND — An activist investor group says its proposed Norfolk Southern management team would improve the railroad’s operations, service, and profitability by jettisoning CEO Alan Shaw’s resilience strategy and adopting the low-cost Precision Scheduled Railroading operating model. In a letter to shareholders today, Ancora Holdings says its plan for NS would cut costs, focus on […]
BALTIMORE — The tragic collapse of the Francis Scott Key Bridge today (March 26) after a ship strike has cut off the Port of Baltimore’s busiest terminals from Chesapeake Bay and the Atlantic Ocean beyond. At least six people remain unaccounted for after the container ship Dali struck the bridge about 1:28 a.m. today, CNN […]
DUQUESNE, Pa. — Pittsburgh’s Union Railroad is buying 13 acres of the former U.S. Steel Duquesne Works to develop a transload facility, the Pittsburgh Post-Gazette reports. The railroad purchased the land from the Regional Industrial Development Corp. for $400,000 to develop a facility for truck-to-rail and rail-to-truck transloading, according to the development agency’s president, Don […]
MONTREAL — The Canadian government will fund a C$16.75 million project to improve rail access and add storage at the Port of Montreal, Transportation Minister Pablo Rodriguez announced Monday, March 25. The project will include rehabilitation of, and adding a fourth track to, the Pie-IX rail bridge, along with adding a storage area, which Transport […]
BOSTON — A four-day shutdown of Massachusetta Bay Transportation Authority’s Orange Line between Jackson Square and North Station resulted in elimination of six speed restrictions, with a seventh removed over the weekend after the conclusion of the March 18-21 suspension of service, the MBTA reports. “I’m proud of the dedicated workforce that worked in a […]
NEWPORT BEACH, Calif. — The company seeking to start a luxury sleeping car train between downtown San Francisco and Los Angeles Union station says it has signed a Memorandum of Understanding with Union Pacific “formalizing the parties’ negotiations toward a comprehensive final agreement” to begin operations by 2025. A press release issued by Dreamstar Lines […]
TIXKOKOB, Mexico — Mexico’s Maya Train experienced its first known derailment today (Monday, March 25), a low-speed incident when the last car of a four-car trainset apparently split a switch entering the Tixkokob station on the route between Campeche and Cancún. The derailment occurred about 9:30 a.m. with the train moving at about 10 kilometers […]
