Regulators toss out effort to force UP to sell Tennessee Pass line

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WASHINGTON – The Surface Transportation Board has rejected real estate moguls’ effort to force Union Pacific to sell its mothballed Tennessee Pass line in Colorado. But the board’s ruling leaves open the possibility that KCVN and Colorado Pacific, which proposed buying the Tennessee Pass line and restoring it to service to haul agricultural and mining […]

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Union Pacific’s Tennessee Pass could become short cut for Utah crude oil NEWSWIRE

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WASHINGTON — Union Pacific has been negotiating a sale of its dormant Tennessee Pass route with Rio Grande Pacific, the short line holding company that would operate a new railroad proposed to haul heavy crude oil out of Utah’s Uinta Basin. The information was accidentally disclosed in a filing posted briefly to the Surface Transportation […]

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Trains News Wire Digest for Friday, March 6 NEWSWIRE

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Friday morning rail news: — After almost four weeks, the blockade of Canadian Pacific tracks near Montreal has finally ended. This morning, Mohawks at Kahnawake, Quebec, lifted the blockade in what a spokesman called “a gesture of good faith.” The Montreal Gazette reports that one of the protesters said the blockade could resume at any […]

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News Wire Digest second section for Tuesday, March 3 NEWSWIRE

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More Tuesday rail news: — Following the lead of several airlines, Amtrak says it will waive ticket-change fees for travelers wishing to change plans because of concerns over the coronavirus that has killed six people in the U.S. In a statement on its website, the passenger railroad says it will waive the fees on new […]

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Trains News Wire Digest for Tuesday, March 3 (updated) NEWSWIRE

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Tuesday morning rail news: — Union Pacific and the city of Palestine, Texas, have been ordered to go to mediation over UP’s efforts to do away with a 150-year-old agreement requiring the railroad to keep a set number of jobs in the community. The Palestine Herald-Press reports a federal court is requiring the sites to […]

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Union Pacific opposes firm’s plan to revive Tennessee Pass route NEWSWIRE

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WASHINGTON — Union Pacific says federal regulators should not allow a firm controlled by New York City real estate magnates to poach its long-dormant route over Tennessee Pass using a legal maneuver designed to preserve rail service. UP will formally oppose KCVN LLC and Colorado Pacific Railroad LLC’s plan to acquire the 228-mile former Denver […]

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Union Pacific reports mixed on-time performance results NEWSWIRE

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UP performance numbers presented this week at a conference in Florida. Union Pacific GRANDE LAKES, Fla. – Union Pacific’s intermodal on-time performance improved in January, but the reliability of the railroad’s merchandise and automotive traffic deteriorated, partly due to the impact of the idling of the hump at Davidson Yard in Fort Worth, Texas. For the […]

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Trains News WIre Digest for Monday, March 2 NEWSWIRE

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Rail news to begin your week: — Amtrak is working on plans to increase maintenance work on its century-old tunnels under the Hudson River, work which is likely to lead to disruptions in service for Amtrak and commuter-rail passengers. Amtrak executive Stephen Gardner told the Associated Press that the railroad is “trying to balance what […]

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UP coal traffic has hit bottom, CEO says NEWSWIRE

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A Union Pacific coal train heads east through Glen Ellyn, Ill., on Feb. 23, 2020. The railroad’s coal traffic has hit bottom as low natural gas prices lead to shutdowns of coal-fired power plans, according to CEO Lance Fritz. TRAINS: David Lassen MIAMI BEACH, Fla. — Union Pacific’s coal traffic — which is down 30% […]

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News Wire Digest for Thursday, Feb. 20 NEWSWIRE

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Thursday morning rail news: — The Colorado Department of Transportation and Union Pacific have reached agreement on sale of 59 acres of the former Burnham Yard, UP’s ex-Rio Grande facility in downtown Denver. Colorado Public Radio says the non-binding agreement sets a price of $50 million for the land, which could be used for a […]

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Real estate moguls seek to pry Tennessee Pass line away from Union Pacific NEWSWIRE

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Tennessee Pass proposal Surface Transportation Board filing WASHINGTON — A firm controlled by billionaire New York City real estate magnates has asked the Surface Transportation Board to order Union Pacific to sell its 228-mile Tennessee Pass route so that the historic Colorado line can be reactivated. KCVN LLC and its subsidiary, Colorado Pacific Railroad LLC, […]

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Trains News Wire Digest for Monday, Feb. 17 NEWSWIRE

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Monday morning rail news: — Amtrak service to and from Canada was disrupted Sunday by the rail blockades in that country. The Maple Leaf originated and ended in Niagara Falls, N.Y., instead of Toronto; the northbound Adirondack terminated in Albany rather than Montreal, while the southbound train originated in Plattsburgh, N.Y. Some Amtrak Cascade trains […]

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