Railcar and locomotive lessor GATX reported 2024 fourth-quarter net income of $76.5 million or $2.10 per diluted share, compared to net income of $66 million or $1.81 per diluted share in the fourth quarter of 2023. Chicago-based GATX said utilization of its Rail North America unit’s wholly owned fleet, comprising approximately 111,400 cars, excluding 8,400 […]
Recent rail union news: — Amtrak dining car stewards represented by the International Association of Sheet Metal, Air, Rail and Transportation Workers-Transportation Division (SMART-TD) unanimously ratified a new agreement, retroactive to July 1, 2022 and running through Dec. 1, 2028, that will provide a compounded raise of 40.21% over the life of the contract. Other […]
CSX today named former Surface Transportation Board Chair Ann Begeman to its board of directors. Separately, Norfolk Southern said it has appointed former Celanese CEO Lori J. Ryerkerk to its board, a move made after a search process that was a part of an agreement with activist investor Ancora Holdings. “Ann brings a wealth of […]
WASHINGTON — Norfolk Southern today asked a federal court to dismiss the Justice Department’s lawsuit over the railroad’s handling of Amtrak’s Crescent, arguing that the government’s “extreme” interpretation of passenger train right of preference doesn’t hold water. NS says the Justice Department “complaint depends on the idea that freight railroads must totally clear their tracks […]
News & Products for the week of January 27th 2025 Model railroad operators and builders can get the latest information about locomotives, freight cars, passenger cars, tools, track, and more by reading Model Railroader’s frequent product updates. The following are the products Model Railroader editors have news on for the week of January 27th, […]
CALGARY, Alberta – Canadian Pacific Kansas City today said it has reached a tentative four-year collective agreement with Unifor, which represents approximately 1,200 of the railway’s employees in Canada. “We are pleased to have reached a tentative collective agreement at the negotiating table with our mechanical employees in Canada,” CPKC CEO Keith Creel said in […]
OMAHA, Neb. – Union Pacific has implemented engineer scheduling at nearly three quarters of its crew hubs. The agreements, reached between the railroad and the Brotherhood of Locomotive Engineers and Trainmen, put engineers on a schedule that includes 11 days on and four days off. They previously were on call up to 24 hours per […]
I model the Western Maryland Ry. (WM) from the 1920s to before the start of World War II. Appropriate commercial models of coal hoppers for my modeling era are limited in large scale. I was using LGB two-bay and Bachmann three-bay hoppers as stand-ins, but I wanted accurate, period-specific coal hoppers for my rolling stock […]
OMAHA, Neb. — Union Pacific’s decision to shift its local switching operations in Eugene, Ore., to Genesee & Wyoming short line Central Oregon & Pacific could be a model for improving carload service and turbocharging growth elsewhere on UP’s system, CEO Jim Vena says. The deal, announced last month, combines a Class I’s strength of […]
A National Steel Car Corp. Ltd. (NSC) 3,294-cubic-foot capacity mechanical refrigerator car is now available from Rapido Trains. The model, offered in Canadian Pacific’s script and Multimark paint schemes, features injection-molded plastic construction, metal wheels mounted on plastic axles, and body-mounted metal couplers. Prototype history In the late 1960s, NSC built a group of mechanical […]
FORT WORTH, Texas — BNSF Railway plans to spend $3.8 billion on capital projects in 2025, with the vast majority for network maintenance, the company announced today (Jan. 23, 2025). “Our 2025 capital plan reflects BNSF’s ongoing commitment to investing in our network to support our customers’ growth and operating a safe, efficient and reliable […]
JACKSONVILLE, Fla. — CSX revenue and profits declined in the fourth quarter as growth in merchandise and intermodal traffic was not enough to overcome sharp declines in coal and fuel surcharge revenue. The impact of a pair of hurricanes — both of which affected traffic bound to and from Florida, the railroad’s highest-volume state — […]
