Report: CSX talks with investment bank about merger options

CSX locomotives with Family Lines paint scheme

JACKSONVILLE, Fla. — CSX has declined to comment on a Bloomberg report that it has engaged Goldman Sachs to advise it about potential merger options. Today’s news comes in the wake of this week’s announcement that Union Pacific will acquire Norfolk Southern in an $85 billion deal that would create the first transcontinental railroad. Industry […]

Read More…

Influential shipper group: No rail mergers without better service, pricing, and competition

WASHINGTON, D.C. — The National Industrial Transportation League said today that rail shippers will not support a transcontinental railroad merger unless it’s accompanied by improvements in service, pricing, and competition. “Despite the promises that rail customers would benefit from mergers through more efficient service, in reality captive rail customers must pay increasingly higher prices for […]

Read More…

Amtrak names Corneanu as chief financial officer

Man in blue suit

WASHINGTON — Costin Corneanu has been named as Amtrak’s executive vice president, chief financial officer, effective Aug. 4. The Amtrak board approved the appointment today (July 31, 2025). Corneanu will succeed Tracie Winbigler, who will retire on Jan. 1, 2026. Until then, she will remain in her executive vice president role as chief transformation officer. […]

Read More…

Iowa Interstate, county partner on new rail industrial park in Newton, Iowa

NEWTON, Iowa — Iowa Interstate Railroad and Jasper County, Iowa, on Wednesday announced the launch of the Newton Rail Park, a 367-acre industrial park to feature biofuel and manufacturing industries and offering rail-related logistics. The public-private partnership between the railroad and county has invested $10 million in property acquisition and infrastructure planning, reports the Business […]

Read More…

DART light rail service remains disrupted after Wednesday fire

Aerial view of fire on light train at tunnel entrance

#UPDATE: @DARTAlerts says it plans to work through the night to repair the damage after this afternoon’s train fire. No word yet if service will be back online in time for the morning commute. https://t.co/HUuDjImpUS @CBSNewsTexas pic.twitter.com/2mmfNR3Fvy — Giles Hudson (@CBS11Giles) July 31, 2025 DALLAS — Dallas Area Rapid Transit light rail service remains disrupted […]

Read More…

Hobby Trax USA DCC Spike Busters

Color photo green printed-circuit boards with screw terminals on white background

Hobby Trax USA DCC Spike Busters Price: Two-pack, $6.99 Manufacturer: Hobby Trax USA, 1237 Victoria Ave., No. 310, Oxnard, CA 93035; 518-727-2009; hobbytrax.us Hobby Trax USA DCC Spike Busters features: All-new surface-mount design Designed to fit as a pair to the ends of a Digital Command Control bus (no more than two are needed, regardless […]

Read More…

US weekly rail traffic remains above 2024 levels

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

WASHINGTON — U.S. weekly rail traffic remained ahead of 2024 levels, albeit slightly, for the week ending July 26, 2025. Total rail traffic for the week was 524,279 carloads and intermodal units, up 1.1% over the same week a year ago. That included 231,029 carloads, up 0.9% compared to the corresponding week in 2024, and […]

Read More…