CPKC profits rise despite flat volume, economic and trade headwinds

Train with two CPKC locomotives crossing bridge

CALGARY, Alberta — Canadian Pacific Kansas City on Wednesday reported higher fourth-quarter profits despite flat volume. “Our story is about continuing to do what we do best: Controlling what we can control, and executing our PSR model, which remains key to setting CPKC apart and allows us to shine in times of uncertainty,” CEO Keith […]

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Speed blamed for fatal derailment in Mexico

Aerial view of passenger train derailment

MEXICO CITY — The train involved in a fatal derailment in Mexico on Dec. 28 was traveling at excessive speed, the federal Attorney General’s Office said Tuesday (Jan. 27) in its initial report on the accident that killed 14 passengers. The Interoceanic Train was traveling at 65 kilometers per hour (40 mph), 15 kph (9.3 […]

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Michigan State business school to host ‘Rails to the Future’ conference

Man speaking at podium

  TROY, Mich. — Michigan State University’s Eli Broad College of Business will host “Rails to the Future: 200 Year of Progress, Building What’s Next,” a conference featuring key rail industry officials May 11-13 at the MSU Management Education Center in Troy. Keynote speakers will include Federal Railroad Adminstration Administrator David Fink; Surface Transportation Board […]

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U.S. weekly rail traffic again shows increase

Weekly table showing U.S. carload traffic by commodity type, plus overall intermodal volume

WASHINGTON — U.S. rail traffic showed a significant uptick during the week ending Jan. 28, gaining 6% over the same week a year ago. Total weekly traffic was 481,708 carloads and intermodal units. That included 214,784 carloads, up 13.7%, and 266,924 containers and trailers, up 0.5% compared to the corresponding week in 2025. Through three […]

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CSX to transfer 21 jobs from Waterville, Maine, shop

Aerial view of large brick rail shop building

WATERVILLE, Maine — CSX is moving 21 mechanical jobs at the former Pan Am Railways locomotive shop in Waterville to Selkirk, N.Y., and Cumberland, Md., leaving the current holders of those jobs to choose between transfer or leaving the railroad. CSX said in a statement that the relocation is effective March 1 “to better utilize […]

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Santa Fe No. 3415 rebuild enters final phase

steam train in field for charter

ABILENE, Kan. — Former Santa Fe 4-6-2 No. 3415 has entered the final phases of its Federal Railroad Administration 1,472-day inspection and rebuilding. The Abilene & Smoky Valley Railroad plans to have the locomotive operational by Labor Day 2027. “Santa Fe 3415 is an important icon for Abilene, the State of Kansas, and the storied […]

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Amtrak board told of strong first-quarter results, coming challenges

Blue and white streamline passenger train on straight track after curve

WASHINGTON — While the first quarter of the 2026 fiscal year produced record results on several fronts, equipment constraints and major capital projects are likely to make the second quarter a challenge, Amtrak’s board of directors was told during its meeting today (Wednesday, Jan. 28). Ongoing issues with the delivery of NextGen Acelas also continue […]

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