FORT WORTH, Texas — BNSF Railway’s first-quarter earnings and revenue declined despite a 7% increase in freight volume. Quarterly operating income declined 7%, to $1.72 billion, as revenue declined 6%, to $5.66 billion, BNSF and its parent company, Berkshire Hathaway, reported on Saturday. The railway’s operating ratio was 69.5%, up 1.1 points from a year […]
If activist investor Ancora Holdings wins its Norfolk Southern proxy battle this week, its new management team aims to generate unprecedented growth in carload traffic over the next four years. Ancora plans to run the same playbook that CSX has used since it shifted to a Precision Scheduled Railroading operating plan in 2017. Improve your […]
MOBILE, Ala. —“Hopeful” is the key word in the status report on Gulf Coast passenger service submitted by Amtrak, CSX, Norfolk Southern, and the Port of Mobile to the Surface Transportation Board last week. The May 1 report was required by the STB after a February hearing and subsequent explanation of delays was short on […]
DETROIT — A 90-minute concert to be livestreamed globally and 10 days of open-house tours are on tap for the grand opening of the renovated Michigan Central Station, officials said in plans outlined for the Detroit City Council last week. The concert will be held June 6 at 8:30 p.m. ET in Roosevelt Park in […]
Locomotive wraps Railroad paint schemes span the color spectrum, from the dull to the fluorescent, the drab to the flamboyant, but not every railroad has the time, money, brand guidelines, or spare rolling stock to allow for frequent livery changes. Painting is an expensive and time-consuming process, with the results expected to last for years […]
SAN CLEMENTE, Calif. — Use of some 500,000 cubic yards of sand as a buffer has been added to the Orange County Transportation Authority’s plans to protect the Surf Line through San Clemente, the Orange County Register reports. The route used by Metrolink commuter trains, Amtrak’s Pacific Surfliners, and BNSF freight traffic has been plagued […]
Los Angeles Union Station Whenever communities, large or small, renovate and rejuvenate railroad passenger stations, the question becomes; What now? For many, whether it be one train a day, or dozens, local denizens want to see their hard work put to use the facility for events other than being a stationary harbor for incoming and […]
NEW YORK — The Metropolitan Transportation Authority’s Metro-North Railroad on Friday announced plans for additional weekend trains and other capacity moves on its New Haven line in light of a collision and fire involving a gasoline tank truck that has closed Interstate 95 in Norwalk, Conn., at least through Monday. Today (May 4) and Sunday, […]
CLEVELAND — With less than a week to go in its Norfolk Southern proxy fight, activist investor Ancora Holdings has questioned the railroad’s service improvements, won support from a small proxy advisory firm, and sought to woo shareholders with a letter from CEO candidate Jim Barber Jr. NS has touted the pace of operational improvements […]
Sugar Express train tour On an unusually cool November day in Clewiston, Fla., a social media influencer and train enthusiast from Gloucester England found himself in what seemed to be a fantasy scenario … on a historic steam engine exploring endless rows of sugarcane. It sounds like the beginning of an adventurous novel. Ryan, our […]
Trains LIVE — Rail news analysis with Bill Stephens — 5-3-2024 — Every day Trains News Wire brings you the latest railroading news. There are some stories that unfold over weeks and months with each new twist adding to the story’s depth. Bill Stephens, Trains business analyst, reports on the most significant railroad business events, […]
OMAHA, Neb. — Union Pacific has tightened its domestic intermodal schedules between the Los Angeles Basin and Chicago by two days, and now offers three-day transit time that is competitive with team driver truck service. “In an effort to better serve our customers and simultaneously penetrate volume moving over the road, Union Pacific is pleased […]
