Norfolk Southern No. 4271 leads the three other F units at Knoxville, Tenn., in November 2011. Reading & Northern has acquired two and will debut them on a railfan excursion in April 2020. Jim Wrinn PORT CLINTON, Pa. – The public will have its first opportunity to ride behind Reading & Northern’s recently acquired former […]
Analysts expect fourth quarter earnings to fall at four of the six publicly traded Class I railroads as cost cutting, rate increases, and share buybacks were not enough to offset the impact of traffic declines. On average, earnings per share at the six publicly traded railroads will fall by 1%, according to consensus estimates by […]
BNSF’s main line to the Pacific Northwest is shut down after this train derailed into the Kootenai River in Idaho on Wednesday. Idaho State Police BONNERS FERRY, Idaho — BNSF Railway is untangling its operations in the Pacific Northwest after a derailment in Idaho closed its northern transcontinental main line for three days. On Jan. […]
CORONADO, Calif. — Canadian Pacific CEO Keith Creel spoke for nearly an hour Monday as the keynote speaker at the NRC Conference. In addition to his remarks on mergers and Precision Scheduled Railroading, he also touched on a number of other topics. — Creel said that while railroading might eventually see significant savings through adoption […]
LECLAIRE, Iowa – Canadian Pacific has reopened its main line to Kansas City, Mo., following a derailment in LeClaire. However, cleanup at the scene is ongoing Monday. Spokesman Andy Cummings tells Trains News Wire that the railroad overnight on Jan. 3 after once all track repairs and safety inspections were complete. “CP is talking directly […]
Canadian Pacific CEO Keith Creel speaks during the National Railroad Construction and Maintenance Association Conference on Monday, Jan. 6. TRAINS: David Lassen CORONADO, Calif. — Consolidation of the rail industry is “inevitable,” Canadian Pacific CEO Keith Creel says, but the industry-wide embrace of Precision Scheduled Railroading has likely pushed the merger process from a five-year window […]
Davenport Industrial Railroad serves the Davenport Transload Facility in Davenport, Iowa John Howell Davenport Industrial Railroad, a 2.8-mile short line that connects the main line of the Dakota, Minnesota, & Eastern Railroad, a subsidiary of Canadian Pacific Railway, near Davenport, Iowa, with the city-owned Davenport Transload Facility, began operations on Jan. 1, 2020. The city […]
NEW YORK — New plans were announced Monday for New York Penn Station, during a speech to New York Civic leaders by Gov. Andrew Cuomo, a Democrat. To augment the new Moynihan Train Hall and existing Pennsylvania Station, buildings and land on the south full city block adjacent to the current facility will be acquired […]
Crews at work re-building a washed out Norfolk Southern bridge near Kansas City, Mo. Norfolk Southern CORONADO, Calif. — Generally, presentations by Class I railroads at the National Railroad Construction and Maintenance Association Conference focus on projects the assembled rail contractors can hope to bid on in the year ahead. But after a year of […]
Steven Ditmeyer Steven Ditmeyer’s long career in railroading and related industries began as a transportation trainee for the Missouri Pacific Railroad. He has been a transportation economist at The World Bank; chief engineer of research, communications, and control systems at Burlington Northern; and held positions with the Federal Railroad Administration. He is currently the principal […]
Surface Transportation Board Vice Chairman Patrick Fuchs (left) speaks as STB Commissioner Marthy Oberman listens during a Sunday discussion fo STB activities at the NRC Conference in Coronado, Calif. TRAINS: David Lassen CORONADO, Calif. — Two-thirds of the members of the Surface Transportation Board were on hand for a discussion of the agency’s activities on […]
Union Pacific OMAHA, Neb. — Union Pacific shut down Armourdale Yard in Kansas City, Kan., last week, shifting its switching work to the adjacent 18th Street Yard. The move, which union officials say affected 20 to 100 jobs, is UP’s latest in the Kansas City area. In October UP closed Neff Yard, its hump yard […]
