CN shows financial, operating gains in fourth quarter

Train under signal bridge

MONTREAL — Canadian National showed gains in traffic, revenue, and operating income in the fourth quarter of 2025, the company announced today (Jan. 30). Financial results (all converted to U.S. dollars) showed revenues of $3.3 billion, a gain of 2% over the same quarter in 2024. Operating income was $1.28 billion, up 6%, with adjusted […]

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Ivan named CEO of BNSF Logistics

Logo of BNSF Logistifcs

DALLAS — David Ivan has been named president and CEO of BNSF Logistics, a third-party logistics firm and subsidiary of Berkshire Hathaway’s Burlington Northern Santa Fe, LLC. The company announced the move, effective immediately, on Thursday, Jan. 29. Ivan has more than 25 years of experience in leading complex, multi-site operations in manufacturing, logistics, and […]

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Bachmann HO Airslide covered hopper review

Color photo of showing portion of HO scale covered hopper painted two-tone blue with yellow, blue, black, and white graphics on white background.

A newly-tooled model has joined the Bachmann HO scale freight car lineup. The General American 4,180-cubic-foot capacity Airslide covered hopper, offered in four paint schemes, features injection-molded plastic construction, 36″ metal wheelsets, and body-mounted E-Z Mate Mark II plastic couplers. Prototype history General American produced the 4180 Airslide from 1963 to 1980. The cars were […]

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New York MTA sets record for capital commitments

Aerial view of bridge project with tracks straddled by yellow gantry crane

NEW YORK — The Metropolitan Transportation Authority committed a record $15.8 billion to capital projects in 2025, including more than $5 billion made possible through congestion tolling funds, the agency and Gov. Kathy Hochul announced this week. The commitments include $6.6 billion for rolling stock; $3.4 billion for state-of-good-repair and other program support; $2.7 billion […]

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Port Jervis and rail preservation group discuss new turntable lease

Small diesel locomotive and boxcar on a turntable. City ends TOYX turntable lease.

PORT JERVIS, N.Y. — The City of Port Jervis has initiated conversations with TOYX regarding a direct lease of the former Erie Railroad turntable site near downtown, according to a statement posted on the TOYX Facebook page. In December 2025, the city terminated the TOYX lease agreement instructing the nonprofit group to vacate the 8.67-acre […]

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CPKC profits rise despite flat volume, economic and trade headwinds

Train with two CPKC locomotives crossing bridge

CALGARY, Alberta — Canadian Pacific Kansas City on Wednesday reported higher fourth-quarter profits despite flat volume. “Our story is about continuing to do what we do best: Controlling what we can control, and executing our PSR model, which remains key to setting CPKC apart and allows us to shine in times of uncertainty,” CEO Keith […]

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Speed blamed for fatal derailment in Mexico

Aerial view of passenger train derailment

MEXICO CITY — The train involved in a fatal derailment in Mexico on Dec. 28 was traveling at excessive speed, the federal Attorney General’s Office said Tuesday (Jan. 27) in its initial report on the accident that killed 14 passengers. The Interoceanic Train was traveling at 65 kilometers per hour (40 mph), 15 kph (9.3 […]

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Michigan State business school to host ‘Rails to the Future’ conference

Man speaking at podium

  TROY, Mich. — Michigan State University’s Eli Broad College of Business will host “Rails to the Future: 200 Year of Progress, Building What’s Next,” a conference featuring key rail industry officials May 11-13 at the MSU Management Education Center in Troy. Keynote speakers will include Federal Railroad Adminstration Administrator David Fink; Surface Transportation Board […]

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