MONTREAL — Canadian National lowered its outlook for the year — and pulled its longer-term guidance today — in response to ongoing trade- and tariff-related economic uncertainty. CN delivered the news while releasing its second-quarter financial results, which included higher operating income despite lower revenue and flat volume. “A few months ago, trade deals seemed […]
SACRAMENTO, Calif. — Amtrak today shared photos of the first Airo train set being prepared to leave the Siemens assembly plant in Sacramento. The set will head to Pueblo, Colo., for testing before eventually making its revenue debut in Cascades service sometime in 2026. Amtrak has ordered 83 of the train sets, which will replace […]
BNSF Railway has not engaged with investment bankers about a possible railroad merger, Berkshire Hathaway Chairman and CEO Warren Buffett told CNBC today. Yesterday Semafor and Reuters reported, citing people familiar with the matter, that BNSF had hired Goldman Sachs to advise the railroad about mergers. But Buffett said neither he nor Greg Abel, the […]
WASHINGTON — The Federal Transit Administration will lose about 33% of its staff as a result of buyouts offered by the Trump administration, well above the 7% figure for the Department of Transportation as a whole, Politico reports. The news site’s review of data found 4,127 employees took the deferred resignation “fork in the road” […]
FORT WORTH, Texas — BNSF Railway carries more intermodal, coal, and grain traffic than any other railroad. And now it’s looking to boost its relatively small carload network through a combination of improved service, more frequent customer switching, and tighter partnerships with its top short line connections. “We know intermodal’s a big part of the […]
SQUAMISH, British Columbia — Canadian National Railway has announced its intention to abandon operations on 214 miles of former BC Rail tracks north of Squamish that it began leasing from the province of British Columbia in 2003. The scenic route through the province’s interior from North Vancouver to a connection with CN’s Prince Rupert line […]
NEW YORK — New York City Transit rolled out its latest generation of subway equipment, the R211 car, on the B Line on Monday (July 21, 2025), marking the fourth route to receive the new railcars and meaning the equipment is now operating in all five boroughs. “I’m thrilled that B train riders from the […]
News reports say that BNSF Railway has hired Goldman Sachs to advise it about a potential rail merger. Semafor, an online publication, reported on Monday evening that BNSF has engaged Goldman Sachs in the wake of Union Pacific working with Morgan Stanley regarding potential mergers. Both reports cited people familiar with the matter. The railroads […]
MONTREAL — Janet Drysdale will become Canadian National Railway’s chief commercial officer on an interim basis, the company announced today (July 21, 2025). The appointment is effective immediately. Drysdale, who has been at CN for nearly 30 years, fills the position vacated by the departure of Remi G. Lalonde. She spent her first decade with […]
PITTSBURGH — Wabtec is marking the 10th anniversary of the delivery of its first batch of Evolution Series Tier 4 locomotives, which have gone on to become far and away the dominant new road power on Class I railroads. BNSF Railway was the first to receive the AC-traction locomotives that are designed to comply with […]
NEW YORK — The Federal Railroad Administration will conduct an independent review of operations at New York’s Penn Station to determine whether expansion of the number of station tracks is needed as part of renovation plans, Amtrak’s Andy Byford said Friday. Byford made his first public comments since being named to oversee the project at […]
CHICAGO — On short notice, Amtrak has cancelled one Chicago-St. Louis Lincoln Service round trip for more than a week as of Thursday, July 17, and implemented a complicated Floridian cancellation scenario that began Friday, July 18, and runs through Aug. 3. Other regional services and long-distance trains continue to suffer hours-long delays, cancellations en […]
