Digest: Brightline to begin work on Tampa route in 2022

Still more Monday morning rail news: Brightline to begin work on Tampa route in 2022; reaching Disney World a priority Work on Brightline’s planned Orlando-Tampa line line will not begin until 2022, with a goal of operation beginning in 2025. The Tampa Bay Business Journal reports Michael Cegelis, Brightline’s executive vice president of rail infrastructure, laid out […]

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Digest: California Coastal Commission asks transit agency to withdraw petition to STB

People jumping off rail linee as train approaches

Monday morning rail news: Coastal Commission asks North County Transit District to withdraw STB petition on maintenance, fence projects The California Coastal Commission has asked the North County Transit District to withdraw its petition to the Surface Transportation Board regarding maintenance and safety-fence projects, saying it believes the public’s interest is best suited by collaboration […]

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Union Pacific posts record operating ratio despite traffic, revenue declines

OMAHA, Neb. — Union Pacific’s third-quarter revenue and earnings declined, but cost-cutting and efficiency gains — particularly from running longer trains — helped the railroad produce a new record-low operating ratio. Operating income fell 9%, to $2 billion, as revenue declined 11%, to $4.9 billion, UP announced on Thursday morning. Earnings per share declined 9%, to $2.01. […]

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Digest: NJ Transit approves $2.6 billion operating budget for 2021

Electric locomotive hauls commuter train through S curve

More Thursday midday rail news: NJ Transit board approves $2.6 billion operating budget NJ Transit’s board has approved a $2.6 billion operating budget for 2021 — a figure representing a 10% increase made possible by coronavirus relief funds. NorthJersey.com reports some $955 in federal CARES act funding will help offset $860 million in revenue losses from decreased […]

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