JACKSONVILLE, Fla. — The Securities and Exchange Commission has subpoenaed CSX Corp. regarding misstatements in previously financial reports, CSX said in its latest quarterly filing with the government agency. CSX delayed its second-quarter financial reports by about two weeks as it reviewed accounting regarding capitalization of engineering materials and labor costs, a move the company […]
WASHINGTON — The Surface Transportation Board has approved acquisition by Canadian Pacific Kansas City and CSX Transportation of the Meridian & Bigbee Railroad from Genesee & Wyoming, allowing the two Class I lines to create a new direct connection at Myrtlewood, Ala. The approval is effective Nov. 16, 2024. In separate decisions, the board approved […]
OMAHA, Neb. — Union Pacific has become the official sponsor of U.S. Speedskating, the railroad announced Thursday. The four-year agreement runs through March 2028. It includes Union Pacific internship opportunities for athletes preparing for post-competition careers. The first event featuring UP as a sponsor will be part of the 2024 Short Track World Tour, Nov. […]
WASHINGTON — Weekly U.S. rail traffic rebounded into positive territory compared to 2023 for the week ending Oct. 12, after falling below previous-year levels a week earlier. According to statistics from the Association of American Railroads, the week saw 505,033 carloads and intermodal units, up 2.6% from the same week in 2023. That included 222,003 […]
NEW FREEDOM, Pa. — Northern Central Railway of York, a non-profit tourist excursion line, has named Jennifer Krieg as superintendent operations manager. Krieg, who joined the railway as a fireman on the lines replica 1860s-era steam locomotive, will be responsible for overseeing and maintaining that locomotive, two diesels, and eight passenger cars. “I am excited […]
JACKSONVILLE, Fla. — CSX faces more than $200 million in reconstruction costs as a result of Hurricanes Helene and Milton, and the income impacts of the storms will be felt in both the third and fourth quarters, executives said during the company’s quarterly earnings call today (Wednesday, Oct. 16). Chief Financial Officer Sean Pelkey said […]
WASHINGTON — Seventeen Amtrak employees in the Northeast have resigned in connection with an investigation by Amtrak’s Office of Inspector General into alleged health care fraud. The employees who have resigned are based at New York Penn Station or an Amtrak base in New Jersey. They include two gang foremen, four linemen, three truck drivers, […]
NJ Transit recently hired a Customer Advocate — the actual title of the job. This individual is supposed to be solely responsible for representing customer interests, developing goals and objectives around those interests, cultivating relationships between the public — its customers — and the agency, and developing engagement plans that rely on customer feedback. It’s […]
WASHINGTON — The Surface Transportation Board on Tuesday, Oct. 15, granted Union Pacific a 30-day extension to the mediation period in its effort to reach an agreement with Chicago’s Metra regarding some financial aspects of an agreement to continue commuter rail service on three Metra routes on UP lines. The mediation period was to have […]
WASHINGTON — Nine projects in Alaska, South Dakota, and Wyoming have received more than $108 million in federal funding under a program for states that do not have Amtrak passenger service or are not connected to the national rail network. Six of the projects are in South Dakota, two are in Alaska and one is […]
In addition to Amtrak’s long-distance, regional, and high-speed Acela trains, the Northeast Corridor (NEC) hosts multiple commuter entities across different sections. From Boston to Washington D.C., find out where each of these services travel along this highly active main line. These are the commuter rail systems along the Northeast Corridor. It’s important to note that […]
NEW YORK — The Metropolitan Transportation Authority will hold the first of a series of Open House meetings on its 2025-29 Capital Plan next Monday, Oct. 21, at Grand Central Terminal’s Vanderbilt Hall. The open house, from 3 p.m. to 6 p.m., will feature posters, pamphlets, and videos explaining elements of the plan. MTA representatives […]
