Safety Train adds LNG car for first-responder training

Tanker car

SHERBORN, Mass. — The Firefighters Education and Training Foundation has added a DOT 113 cryogenic tank car, the type approved for movement of liquefied natural gas, to its Safety Train program. Acquisition of the one-of-a-kind training car was possible through a joint effort of the Federal Railroad Administration, which donated the car, and insight and […]

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Class I earnings expected to rise

Front of train

The publicly traded Class I railroads will begin reporting their fourth-quarter and full-year financial results Thursday, when Union Pacific and CSX Transportation release their earnings. As a group, earnings for the six Class I systems are expected to rise 5.5%, according to I/B/E/S consensus estimates. That’s far better performance than is anticipated for the large […]

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Digest: Former NYC transportation commissioner Trottenberg nominated as Deputy Secretary of Transportation

Tuesday morning rail news: Trottenberg, former NYC transportation commissioner, nominated as deputy transportation secretary Former New York City Department of Transportation Commissioner Polly Trottenberg will be nominated as U.S. Deputy Secretary for Transportation, the transition team for President-elect Joe Biden has announced. A press release announcing the appointment calls Trottenberg “a nationally recognized transportation leader […]

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