PHILADELPHIA — The Southeastern Pennsylvania Transportation Authority has awarded a $125 million contract for the final design phase of the King of Prussia Rail project. SEPTA awarded the contract to HNTB Corp. at its Feb. 23 board meeting. The project will add a 4-mile, five-station spur to the Norristown High Speed Line near its northern […]
OMAHA, Neb. — BNSF Railway’s pre-tax earnings declined 1.9% in 2022 due to a combination of lower volume and higher costs, the railroad’s parent company, Berkshire Hathaway, reported on Saturday. BNSF’s revenue was up 11.9% for the year, to $25.2 billion, reflecting an 18.9% increase in average revenue per car/unit, including the impact from higher […]
WASHINGTON — In their latest bid to delay the Canadian Pacific-Kansas City Southern merger, four members of the Illinois congressional delegation have cited the East Palestine, Ohio, derailment as a reason the Surface Transportation Board should subject the merger to further review. In a letter to STB Chairman Martin J. Oberman dated Thursday, Feb. 23, […]
MIAMI, Fla. — CSX Transportation must rely on volume growth – not cost cutting – to boost profits and earnings over the long term, CEO Joe Hinrichs told an investor conference this week. “There’s only so much more you can squeeze out of the operating side of this business,” Hinrichs says. The CSX CEO’s remarks […]
MADRID — Spain’s transportation secretary and the head of national rail operator RENFE have resigned following an order for new regional trains that has become a national scandal. Transportation Secretary Isabel Pardo de Vera and RENFE President Isaías Táboas quit their jobs Feb. 20 in the wake of public and political criticism of a delayed […]
FORT WORTH, Texas — BNSF Railway has become the fourth of the seven Class I railroads to announce an agreement for paid sick leave with some unionized workers, reaching agreement with the Transportation Communications Union and the National Conference of Firemen and Oilers. The TCU agreement applies to insourced intermodal equipment operators, which represent a […]
Norfolk Southern is inspecting all of its nearly 1,000 wayside hotbox detectors in the wake of the Feb. 3 derailment in East Palestine, Ohio, that safety investigators say was caused by a wheel bearing failure. NS also has confirmed that detectors in the East Palestine area were all operating properly when merchandise train 32N rolled […]
WASHINGTON — Norfolk Southern hot box detectors recorded increasing wheel bearing temperatures on the car suspected of causing the disastrous derailment in East Palestine, Ohio, the National Transportation Board said today in its preliminary report on the Feb. 3 wreck. But the temperature readings never reached the critical threshold that would have tripped an alarm […]
LYONS, N.Y. — The board of supervisors in Wayne County, N.Y., is set to consider potential transfer of ownership of the county-owned rail lines operated by the Ontario Midland Railroad at a meeting today (Thursday, Feb. 23), the Finger Lakes Times reports. The county owns 52 miles of rail line in two segments that are […]
WASHINGTON — For the second straight week, U.S. rail traffic showed its biggest decline of the young year, with overall volume down 6.5% compared to the same week in 2022. That topped the 6.2% decline of the week ending Feb. 11 [see “Sluggish intermodal traffic drags US rail volume lower,” Trains News Wire, Feb. 16, […]
ATLANTA — Norfolk Southern has become the third railroad to reach an agreement with some union workers for paid sick leave, announcing a deal with members of the Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters. The agreement will cover about 3,000 workers. The agreement provides for four days of […]
WASHINGTON — The Surface Transportation Board says it welcomes moves by CSX Transportation and Union Pacific to provide paid sick leave for union workers, according to a statement issued today (Wednesday, Feb. 22). “The Board applauds the efforts of CSX and UP in taking the lead to work with the unions to address this critical […]
