JACKSONVILLE, Fla. — CSX revenue and profits declined in the fourth quarter as growth in merchandise and intermodal traffic was not enough to overcome sharp declines in coal and fuel surcharge revenue. The impact of a pair of hurricanes — both of which affected traffic bound to and from Florida, the railroad’s highest-volume state — […]
WASHINGTON — Widespread support for a federal grade-crossing safety program emerged during a lengthy House subcommittee hearing, a session which also saw representatives of the railroad industry and rail labor lay down markers for their priorities in the upcoming surface transportation reauthorization bill. The two-hour, 45-minute session today (Jan. 23) of the Transportation and Infrastructure […]
WASHINGTON — A shuffling of congressional committee assignments has led to a new chairman for the House Transportation and Infrastructure Committee’s Subcommittee on Railroads, Pipelines, and Hazardous Materials. U.S. Rep. Daniel Webster (R-Fla.) was named the subcommittee chair on Tuesday, Jan. 21, following the reassignment of Rep. David Rouzer (R-N.C.), who will now head the Highways […]
PITTSBURGH — TRANSAP, a rail-based logistics company in Chile, has ordered four C30ACi locomotives, Wabtec has announced. The locomotives will be the company’s first with AC traction. They will be used to fulfill a long-term contract with forestry company ARAUCO on Chile’s Empresa de los Ferrocarriles del Estado rail network. “This order is a critical step […]
OMAHA, Neb. – Union Pacific’s profits rose in the fourth quarter as volume increased 5% and operating costs fell. “Our strong fourth quarter results represent a great capstone to a very successful year for Union Pacific,” CEO Jim Vena said in a statement. “The team has fully embraced our strategy to lead the industry in […]
CHICAGO — Commuter operator Metra says it is considering the rarely used option of outside financing to address its increasingly urgent need to replace aging bridges. Metra owns 446 of the 926 bridges on its system, and of those 446, 50% are more than 100 years old and another 30% are more than 75 years […]
WASHINGTON — U.S. rail traffic showed a massive jump for the week ending Jan. 18, 2025, with both carload and intermodal traffic up more than 25% from the same week a year earlier. Statistics from the Association of American Railroads show overall traffic for the week was 500,160 carloads and intermodal units, a 25.9% increase. […]
NEWPORT BEACH, Calif. — Dreamstar Lines, which hopes to launch luxury overnight train service between San Francisco and Los Angeles, has released conceptual renderings of Art Deco-inspired interiors for its equipment. The company commissioned Designworks, a BMW Group company, to create initial concepts for its plan to retrofit cars with four types of accommodations, in […]
ATLANTA — Norfolk Southern customers advanced projects representing $4.3 billion in industrial development along its lines or those of a shortline partner in 2024, the railroad said today (Jan. 22). The investments involved 149 projects, including 65 representing $1.2 billion in investment and 1,700 jobs that were completed and began shipping on the railroad. Overall, […]
WASHINGTON — In a notably bipartisan move, the top Republican and Democrat on the House Ways & Means Subcommittee on Tax have introduced a bill to update a tax credit that has been crucial to short line infrastructure investment. U.S. Reps. Mike Kelly (R-Pa.), chairman of the subcommittee, and Mike Thompson (D-Calif.), the ranking member, […]
PORT CLINTON, Pa. — With a change in traffic mix more than offsetting a decrease in carloads, the Reading & Northern achieved record freight revenues in 2024, the railroad has announced. The privately held railroad had previously announced record passenger ridership [see “Reading & Northern marks record excursion ridership …,” Trains News Wire, Jan. 8, […]
NEWARK, N.J. — NJ Transit has announced that the Presidential Emergency Board addressing the ongoing labor dispute with the Brotherhood of Locomotive Engineers and Trainmen has determined the transit agency’s offer as “the most reasonable proposal.” The union, however, cites a portion of the board’s decision that says aspects of that offer “that we do […]
