MEXICO CITY — Grupo Mexico’s transportation division — which includes Ferromex, Ferrosur, Florida East Coast Railway, and Texas Pacifico — reported lower revenue and flat net income for the fourth quarter despite a 5.5% increase in traffic volume. For the quarter, GMXT operating income declined 7.2%, to $197 million, as revenue declined 3.5%, to $763.9 […]
RONKONKOMA, N.Y. — The state of New York will spend $150 million to connect the Long Island Rail Road’s Ronkonkoma station with a proposed new terminal at Long Island MacArthur Airport, a facility served by four commercial airlines. The project, announced Wednesday, Feb. 12, by Gov. Kathy Hochul, will include purchase of 48 acres of […]
NORTH VANCOUVER, British Columbia — Canadian National Railway and short line Battle River Railway are among six recipients of a total of Ca$33.1 million for infrastructure projects under Canada’s National Trade Corridors Fund. Transport Minister Anita Anand announced the funding, for projects in British Columbia and Alberta, on Wednesday, Feb. 12, at the Richardson International […]
WASHINGTON — U.S. rail traffic was up for the week ending Feb. 8, the fifth time in six weeks of 2025 that volume has shown a gain over 2024 levels. According to statistics from the Association of American Railroads, traffic for the week was 502,449 carloads and intermodal units, a 3.7% increase over the same […]
As it has been for all 10 years the list has existed, Amtrak is among companies named as one of America’s best large employers by Forbes magazine. The list of 701 companies with more than 5,000 employees, along with an accompanying list of the 498 best midsize employers — those with 1,000 to 5,000 workers […]
WASHINGTON — Matthew Lane, general manager of Pinsly’s Pioneer Valley Railroad in Massachusetts, has been named Safety Person of the Year by the American Short Line and Regional Railroad Association. Lane joins Herman Crosson, Anacostia Rail Holdings’ chief safety and compliance officer, in earning the ASLRRA’s top individual safety awards. Crosson was previously announced as […]
WASHINGTON — Two Illinois congressmen, backed by 39 cosponsors, have reintroduced legislation to provide a tax credit for replacement and modernization of the U.S. freight railcar fleet. U.S. Reps. Darren Hood, a Republican, and Brad Schneider, a Democrat, on Tuesday, Feb. 11, reintroduced HR 1200, the “Freight Rail Assistance and Investment to Launch Coronavirus-era Activity […]
FORT WORTH, Texas — Extreme cold has hobbled BNSF Railway’s operations on its Northern Transcon in North Dakota and Montana. “The extreme cold affecting the Northern Transcon route through Montana and North Dakota, with temperatures plunging over 20 degrees below zero in some areas overnight, has hindered normal train operations,” BNSF said in a customer […]
NEWARK, N.J. — An Amtrak employee in New Jersey has become the latest to plead guilty to participation in a health-care fraud scheme that led more than $11 million in fraudulent claims against the passenger carrier’s insurance. Anthony Saloka, 44, of Elizabeth, N.J., pleaded guilty on Tuesday, Feb. 11, to conspiracy to commit health care […]
No railroads landed on the Wall Street Journal’s ranking of the 250 best-managed companies of 2024. The annual Management Top 250 list measures corporate effectiveness by considering performance in five areas, including customer satisfaction, employee engagement, innovation, social responsibility, and financial strength. The ranking, developed and compiled by the Drucker Institute, is based on data […]
WASHINGTON — Amtrak has agreed to pay $505 million to gain control of Washington Union Station, the Washington Post reports. The agreement, reached last week and subject to approval by a federal judge, will settle a lengthy battle over the passenger operator’s efforts to control the commercial space at the station. Amtrak had gained control […]
CHARLOTTE, N.C. — Charlotte’s city council has approved financing to purchase 22 miles of a Norfolk Southern rail line for a proposed commuter rail operation. WCNC-TV reports the council unanimously approved a plan not to exceed $93 million to finance purchase of the NS O-Line from Charlotte to Davidson, north of the city, along with […]
