If you believe that railroads have sacrificed volume growth on the altar of the Cult of the Operating Ratio, then here’s some good news: A Wall Street analyst says major investors are growing weary of cost-cutting and want to see railroads attract more traffic. Credit Suisse analyst Allison Landry says some institutional investors are […]
Join Classic Trains editors in celebrating the hustle and muscle showed in Seaboard Air Line Railroad freight trains. We hope you enjoy this photo gallery of images selected form the files of the David P. Morgan Library at Kalmbach Media. […]
WASHINGTON — For the second week in a row, U.S. railroads saw in increase in both carload and intermodal traffic compared with the same week a year earlier, according to the latest figures from the Association of American Railroads. Statistics for the week ending March 13 show U.S. railroads moving 230,684 total carloads, a 2.1% […]
Crew misunderstanding, lack of ‘physical defenses’ play part in CP Calgary accident, TSB says A yard crew’s misunderstanding of track permission granted to an intermodal train, along with a lack of “physical defenses” such as signals, led to a collision and derailment of two Canadian Pacific trains near Calgary’s Alyth Yard in March 2019, the […]
WASHINGTON — Vermont Rail System has urged federal regulators to reject CSX Transportation’s proposed acquisition of neighboring New England regional Pan Am Railways, saying the deal would reduce competition. Much of VRS’s opposition, disclosed in regulatory filing on Tuesday, flows from a separate element of the Pan Am deal: The naming of a Genesee & […]
BLET files opposition to Rocky Mountaineer petition to STB The Brotherhood of Locomotive Engineers and Trainmen has informed the Surface Transportation Board it is opposing some aspects of the effort by Rocky Mountaineer to launch luxury train service between Denver and Moab, Utah. In a filing, the union said it opposes American Rocky Mountaineer’s request […]
By the early 1960s, railroads began reclaiming auto traffic from highway trucks with long two- and three-level auto racks on flatcars. Here, new Thunderbirds and other Fords are loaded aboard a Western Pacific tri-level car built by ACF. American Car & Foundry […]
Union ratifies new agreements with VIA Rail Canada Unifor, the union representing more than 1,600 VIA Rail Canada employees, has ratified tentative agreements with the passenger carrier reached in January. The two-year agreements include a 2% wage increase, benefit improvements, and a review of several work rules. “We are delighted by the ratification of the […]
WASHINGTON — In an unusual move, the company seeking to lease Colorado’s Tennessee Pass line from Union Pacific is asking that shipment of hazardous materials be prohibited from the line. In a filing Monday with the Surface Transportation Board, Colorado, Midland & Pacific Railway — the affiliate of holding company Rio Grande Pacific which has […]
Six hospitalized when Phoenix light rail train derails after collision with vehicle Six people were hospitalized Sunday evening after a Phoenix light rail train derailed following a collision with a vehicle. KNXV-TV reports the accident occurred about 4:45 p.m., and a photo appears to show the light rail vehicle hit one of the supports for […]
CP says Minnesota derailment could be cleaned up in weeks Just days after city officials said cleanup of a March 7 Canadian Pacific derailment in Plymouth, Minn., could last into the summer, a new estimate says the work could be done in about four weeks. The Sun Sailor newspaper reports the change reflects a determination […]
The flood of Powder River Basin coal that became so important to successor Burlington Northern began modestly on NP, with a 1969 contract to move coal from Colstrip, Mont., to Cohasset, Minn. In July 1969, a Cohasset-bound train pauses in Mandan, N.D. Duane Durr collection […]
