ARLINGTON, Va. — The organization representing railroads in bargaining with labor over a new national contract is disputing a request by unions to move the process from mediation to arbitration, saying the two sides have not yet reached an impasse. The statement issued Friday by the railroad group, the National Carrier’s Conference Committee, was responding […]
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NEW YORK — East Coast ports are handling a record number of containers due to ongoing supply chain issues in California and the West, but railroads aren’t seeing this equate to more intermodal volume for a number of reasons. First, rail doesn’t have the same international intermodal market share in the East as it does […]
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BISMARCK, N.D. — The state of North Dakota will not become involved in a claim that the state owns a BNSF rail bridge slated for replacement, leading the preservation group that made the contention to say it is “shocked” by the decision. The Bismarck Tribune reports the Friends of the Rail Bridge group seeks to […]
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WASHINGTON — Railroad Workers United, which describes itself as “an inter-union, cross-craft solidarity caucus of railroad workers and their supporters,” has expressed its support for Amtrak’s efforts to launch service on the Gulf Coast — while taking more than a few shots at CSX and other Class I railroads. In a statement filed with the […]
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ST. PAUL, Minn. — Legislation introduced in the Minnesota House of Representatives would provide $20 million for capital improvements on the state’s short lines, which face significant costs to upgrade their infrastructure, according to the bill’s sponsor. Rep. Paul Tokelson (R-Hanska, Minn.) says the state’s 821 miles of Class II, III, and private rail lines […]
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CHICAGO — In a preview of operations planned if their merger is approved, Canadian Pacific and Kansas City Southern have launched interline intermodal service between Mexico’s port of Lázaro Cárdenas and Chicago. The first train arrived at CP’s Bensenville Yard in Illinois on Tuesday. CP said in a press release the service was launched “out […]
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PARIS — International private equity firm Antin Infrastructure Partners has made what it calls “a strategic investment” in Michigan regional railroad Lake State Railway, the companies announced Tuesday. Lake State, founded in 1992, operates 375 route-miles in Michigan’s Lower Peninsula, primarily stretching from Plymouth in the south of the state to Gaylord and Alpena in […]
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PITTSBURGH — Wabtec Corp.’s philanthropic arm, the Wabtec Foundation, is donating $100,000 to Ukrainian refugee relief, the company announced Tuesday. The donation will be split between the International Rescue Committee, which works in more than 40 countries and 20 U.S. cities to help those devastated by conflict and disaster, and World Central Kitchen, which is […]
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WASHINGTON — A combination of Precision Scheduled Railroading and pressure from Wall Street has prompted railroads to slash costs and raise rates while providing less reliable service, rail shippers and labor told Congress on Tuesday. The House Transportation & Infrastructure subcommittee hearing was focused on the reauthorization of the Surface Transportation Board and how the […]
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Bash Canadian Pacific Kansas City Day – otherwise known as Feb. 28, the deadline for comments on the CP-Kansas City Southern merger – has come and gone. What have we learned from the flurry of regulatory filings from other railroads, shippers, and lineside communities? The Class I railroads behaved like you’d expect: Following a tradition […]
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WASHINGTON — At an event with Vice President Kamala Harris, the U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced that it will award $2.2 billion to 35 recipients in 18 states through President Biden’s American Rescue Plan. The funds will help public transportation agencies pay for day-to-day operations as they continue to provide […]
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FORT WORTH – Analysts and industry observers suspected that BNSF Railway had to pay a pretty penny to buy out Montana Rail Link’s long-term lease on the former Northern Pacific main line. It turns out they were right. BNSF’s financial report suggests the railroad paid MRL around $2 billion to tear up the lease well […]
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