California congresswoman urges STB to reject CP-KCS merger

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U.S. Rep. Katie Porter, D-Calif., has urged the Surface Transportation Board to reject the proposed Canadian Pacific-Kansas City Southern merger, arguing that the first Class I combination in two decades would stifle competition. “The proposed merger represents a grave threat to competition in the domestic rail industry, which is already highly consolidated,” Porter wrote in […]

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Cost pressures prompt Union Pacific to reduce financial outlook

Yellow locomotives leading train of double-stacked containers over bridge

OMAHA, Neb. – Union Pacific has lowered its financial expectations for this year in light of rising fuel prices, inflation, and the impact of its sluggish operations. It’s now unlikely that UP will reach an operating ratio of around 55% for the year, Chief Financial Officer Jennifer Hamann told an investor conference on Tuesday. UP […]

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Union Pacific joins RailPulse freight car location monitoring joint venture

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OMAHA, Neb. – Union Pacific has joined the RailPulse joint venture that will provide customers with real-time location information for freight cars wherever they are on the North American rail network. UP becomes the second Class I railroad to participate in RailPulse, alongside founding member Norfolk Southern. The company’s other partners include shortline holding companies […]

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Canadian National orders Wabtec’s new Precision Dispatch System

Canadian National is the first railway to order a new dispatching system that Wabtec says is a major building block toward network automation, the companies announced on June 6. The latest version of Wabtec’s Precision Dispatch System is scheduled to be operational at CN in late 2023. CN completed installation of an earlier version of […]

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Rail unions again request arbitration as contract talks remain stuck

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Rail unions negotiating new national contracts with Class I railroads have again requested arbitration as talks remain stalled. Labor and the National Carriers Conference Committee have been working on joint mediated negotiations under the direction of the National Mediation Board. The talks had resulted from the unions’ request to be released from mediation after more […]

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NEWS VIDEO: New Brightline route drawbridge now operating

blue river bridge opening

Video by Mark Elias, Mark Elias Media Services JUPITER, Fla. — Florida East Coast Railway’s new Loxahatchee River drawbridge that will begin carrying frequent Brightline passenger trains in early 2023 is now being raised for boat traffic and lowered for trains. Dismantling of the former 96-year-old bridge on the site began in mid-April, when accommodations […]

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Railroads’ automotive carloads show signs of improvement: Analysis

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CHARLESTON, W.VA. — Class I railroads are hauling more automotive carloads, a possible sign that the auto sector’s supply chain is improving. Association of American Railroads’ weekly carload report reveals in recent weeks that shipments of motor vehicles and parts are exceeding 2020 and 2021 weekly volumes. This could ease a multi-year carload deficit dragged […]

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FRA announces CRISI grants for 46 rail improvement projects in 32 states

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WASHINGTON – The Federal Railroad Administration on Thursday announced more than $368 million in Consolidated Rail Infrastructure and Safety Improvements (CRISI) grant program funds to 46 projects in 32 states and the District of Columbia. The grants were awarded to passenger and freight projects, as well as several technology and safety development programs. The Bipartisan […]

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U.S. rail traffic declines in May

WASHINGTON – U.S. rail traffic dipped 3.7% in May as both intermodal and carloads slumped compared to last year. U.S. railroads originated 928,742 carloads in May 2022, down 35,821 carloads from May 2021, the Association of American Railroads reported on June 1. U.S. railroads also originated 1,102,558 containers and trailers in May 2022, down 4.3%, […]

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