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 […]
WASHINGTON — U.S. Sen. Tammy Duckworth and U.S. Rep. Mike Quigley (both D-Ill.) on Wednesday introduced legislation to create a $1.5 billion grant program to fund bridge repair, maintenance, and replacement on commuter rail lines. The Building Rail Infrastructure for a Durable and Growing Economy (BRIDGE) Act would use funds from the Mass Transit Account […]
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 […]
ATLANTA — Heightened intermodal competition took a toll on Norfolk Southern’s volume, revenue, and profits in the fourth quarter. The 7% drop in intermodal volume drove a 4% decline in overall traffic as NS lost container business to rival CSX, which launched an intermodal alliance with BNSF Railway last summer. CEO Mark George said the […]
COLUMBUS, Ohio — The Ann Arbor Railroad will receive $120,000 and manufacturer AluChem will receive $75,000 for rail rehabilitation projects approved at the most recent meeting of the Ohio Rail Development Commission. The commission announced the grants, approved at a Jan. 22 meeting, on Tuesday, Jan. 27. The Ann Arbor funding will go toward a […]
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 […]
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 […]
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 […]
OMAHA, Neb. — Union Pacific expects to file its revised Norfolk Southern merger application in March, CEO Jim Vena said on the railroad’s earnings call on Tuesday. The Surface Transportation Board on Jan. 16 rejected the railroads’ 6,692-page merger application as incomplete. The application, filed on Dec. 19, didn’t include enough information on post-merger market […]
NEW YORK — Construction of the Hudson River Tunnel project on the Northeast Corridor is on the verge of halting because of the withholding of federal funds, the agency overseeing the project said on Tuesday, Jan. 27. Funding for the $16 billion project to build a new two-track tunnel between New Jersey and New York’s […]
As a major storm moved across the Midwest and East last week, railroads told customers they would alter train operations because of the conditions. RailState, the company that monitors operations through trackside sensors, has produced data showing what those changes looked like in Ohio, Pennsylvania, and Indiana. RailState compared the storm period, Jan. 24-26, to […]
BERKELEY, Ill. — Seven suburban communities along Union Pacific’s east-west main line are organizing to pursue representation in the UP-Norfolk Southern merger proceedings. A memorandum to the president and board of the Village of Berkeley in Cook County says the community was contacted by the other six communities — Elmhurst, Lombard, Glen Ellyn, Wheaton, and […]
