MADISON, Wis. — The University of Wisconsin-Madison’s College of Engineering will offer three rail courses as part of its Interdisciplinary Professional Programs. The upcoming courses are: — Fundamentals of Railroad Bridge Inspection, April 18-20, offered in person or online. Those taking part will learn about the inspector’s responsibilities, compliance with regulations, training requirements, and types […]
Train Topic: Rail Industry
Former Kansas City Southern CEO David Starling dies
Former Kansas City Southern CEO David Starling, who returned to the railway as its independent trustee as part of its proposed merger with Canadian Pacific, died on Feb. 24. Starling was 73. “On behalf of the entire Kansas City Southern family, we feel shock and profound sadness for the sudden loss of our former leader […]
Derailment cleanup to resume after EPA-ordered pause over disposal of contaminated material
EAST PALESTINE, Ohio — Removal of hazardous waste from the site of a Norfolk Southern derailment in East Palestine is slated to resume today (Monday, Feb. 27), after being paused Saturday by the U.S. Environmental Protection Agency over concerns regarding the moves by residents, as well as those in locations that were receiving the waste. […]
New coal company begins shipments in West Virginia
VOLGA, W.Va. — Allegheny Metallurgical Coal, a new company to be served by both CSX Transportation and Appalachian & Ohio, moved its first train of high-grade metallurgical coal earlier this month. The company, located along U.S. Route 119 between Buckhannon, in Upshur County, and Philippi, in Barbour County, moved the first train Feb. 8. Its […]
West Virginia legislature advances bill allowing state agency to investigate and fine railroads
CHARLESTON, W.Va. — The West Virginia legislature on Saturday advanced a bill that would allow the state’s Public Service Commission, its regulatory agency for utilities, to investigate and fine Class I railroads for safety and operational violations. On an 89-3 vote, the legislature’s House of Delegates passed HB 3059, sending it to the state Senate. […]
Uinta Basin Railway to seek funding through private activity bonds
SALT LAKE CITY — The company planning to build Uinta Basin Railway will seek $1.9 billion in private activity bonds to help finance construction of the 88-mile railroad in Utah, with the help of the government agency supporting the project, the Colorado Sun news site reports. Those funds would cover 70% of the cost of […]
Union Pacific to seek new CEO after hedge fund prods board of directors
OMAHA, Neb. — A hedge fund, arguing that Union Pacific ranks dead last in every important operating metric, has asked the railroad’s board of directors to replace current CEO Lance Fritz with former Chief Operating Officer Jim Vena. Soroban Capital, which has a $1.6 billion stake in UP and ranks among its top 10 investors, […]
SEPTA approves contract for final design of King of Prussia Rail
PHILADELPHIA — The Southeastern Pennsylvania Transportation Authority has awarded a $125 million contract for the final design phase of the King of Prussia Rail project. SEPTA awarded the contract to HNTB Corp. at its Feb. 23 board meeting. The project will add a 4-mile, five-station spur to the Norristown High Speed Line near its northern […]
BNSF Railway earnings decline as traffic falls and costs rise
OMAHA, Neb. — BNSF Railway’s pre-tax earnings declined 1.9% in 2022 due to a combination of lower volume and higher costs, the railroad’s parent company, Berkshire Hathaway, reported on Saturday. BNSF’s revenue was up 11.9% for the year, to $25.2 billion, reflecting an 18.9% increase in average revenue per car/unit, including the impact from higher […]
Illinois legislators cite Ohio derailment in latest request for STB to delay CP-KCS merger
WASHINGTON — In their latest bid to delay the Canadian Pacific-Kansas City Southern merger, four members of the Illinois congressional delegation have cited the East Palestine, Ohio, derailment as a reason the Surface Transportation Board should subject the merger to further review. In a letter to STB Chairman Martin J. Oberman dated Thursday, Feb. 23, […]
CSX CEO Joe Hinrichs says railroad must focus on volume growth
MIAMI, Fla. — CSX Transportation must rely on volume growth – not cost cutting – to boost profits and earnings over the long term, CEO Joe Hinrichs told an investor conference this week. “There’s only so much more you can squeeze out of the operating side of this business,” Hinrichs says. The CSX CEO’s remarks […]
Managers and minister resign in Spain over trains too big for tunnels
MADRID — Spain’s transportation secretary and the head of national rail operator RENFE have resigned following an order for new regional trains that has become a national scandal. Transportation Secretary Isabel Pardo de Vera and RENFE President Isaías Táboas quit their jobs Feb. 20 in the wake of public and political criticism of a delayed […]
