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JACKSONVILLE, Fla. — CSX Transportation’s profits and revenue fell during the first quarter as merchandise and coal traffic declines offset strong intermodal growth. But executives remained optimistic about overall traffic growth this year as the economy continues to recover from the pandemic. “We entered the year projecting volume growth in excess of GDP and still expect […]
Canada’s federal budget includes funds for VIA high-frequency rail, other infrastructure projects Canada’s federal budget unveiled on Monday includes $4.4 million for continued planning work on VIA Rail Canada’s proposed “high frequency rail” project, which would provide a separate, passenger-only route for part of the corridor between Toronto and Quebec City. Global News reports the […]
CALGARY, Alberta — Canadian Pacific says Canadian National’s competing bid for Kansas City Southern would reduce competition, raise significant regulatory concerns, and upset competitive balance in the North American rail network. CN’s unsolicited $33.7 billion offer, announced Tuesday morning, tops the $29 billion deal CP reached last month to acquire KCS. The KCS board says […]
MONTREAL — Canadian National argues that its proposed combination with Kansas City Southern will offer shorter, faster, and more efficient routes than tying together the Canadian Pacific and KCS networks. And that less complicated route structure, CN contends, will enable a CN-KCS system to successfully gain north-south traffic that currently moves by truck between Mexico, the […]
KANSAS CITY, Mo. — Last year, a pair of infrastructure funds sought to take Kansas City Southern private. Last month, Canadian Pacific struck a $29 billion deal to acquire KCS. And today Canadian National topped that with an offer worth $33.7 billion. What’s next in the battle to acquire the smallest but fastest growing Class […]
CHICAGO — Union Pacific will resume collecting fares on the three routes it operates for Metra on June 1 — about a year after the rest of the Metra system began doing so, and more than six months after Metra sued UP over its fare collection policies. Streetsblog Chicago reports that UP conductors began informing […]
SEATTLE – After months of periodic sellouts at the 50% capacity limit on a single Seattle-Eugene, Ore., round trip — the only daily Cascades corridor service for more than a year — the Washington and Oregon Departments of Transportation plan to add two additional round trips on May 24. But because Talgo, Amtrak, and the […]
OYSTER BAY, N.Y. — The Long Island Rail Road will test the use of battery-electric railcars on its Oyster Bay Branch, the first step in a process that could lead to the end of diesel-powered trains on the commuter railroad. LIRR President Phillip Eng announced the plan at a Monday press conference, saying the commuter […]
SkyTrain network could double under TransLink long-term expansion plans British Columbia transit agency TransLink has unveiled options for long-term expansion that could double the size of the SkyTrain rail transit system, or see more than 400 additional kilometers (240-plus miles) of SkyTrain, light rail, and bus rapid transit routes. The website Daily Hive reports the […]
Pockets of congestion and overall high volumes are slowing most railroads’ intermodal networks, prompting BNSF Railway, Union Pacific, and Norfolk Southern to take steps to manage capacity. BNSF, the largest intermodal carrier, announced several changes designed to ease congestion at key terminals beginning next week. BNSF will implement day-of-week in-gate windows at its Hobart terminal […]
MONTICELLO, Ill. — Illinois & Midland RS1325 No. 31 made its operating debut at the Monticello Railway Museum during this past weekend’s sold-out Throttle Time event, pulling a vintage freight train while run by “student engineers” who purchased a ticket for the opportunity to run the rare locomotive. The museum acquired the RS1325, one of […]
Families sue CP, Transport Canada over 2019 derailment that killed three The families of two of the Canadian Pacific crew members killed in the derailment of a runaway CP train in February 2019 are suing the railroad, officials including CEO Keith Creel, police department, and federal agency Transport Canada. The CBC reports the families of […]
