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In the February 2024 issue of Model Railroader, we reviewed the direct-current version of the Siemens ALC-42 Charger diesel locomotive from Kato USA Inc. Recently, we received a sample of the modern passenger unit equipped with a SoundTraxx Tsunami2 TSU-KN2 sound decoder. Prototype history With an aging fleet of General Electric P40 and P42 diesel […]
ATLANTA — When a broken wheel caused a derailment on Norfolk Southern — just a mile after NS received the train through interchange — it prompted the railroad to begin tinkering with new ways to detect wheel defects. “We as a leadership team said there’s got to be a better way,” Chief Operating Officer John […]
FORT WORTH, Texas — BNSF Railway has added two new railroads — Northern Lines Railway and Columbia Basin Railroad — to its Shortline Select program. Shortline Select is designed to improve interchanges and service while deepening the commercial ties between the Class I and its short line connections. Northern Lines Railway, owned by Anacostia Rail […]
MEXICO CITY — Grupo Mexico’s transportation division — which includes Ferromex, Ferrosur, Florida East Coast Railway, and Texas Pacifico — reported higher third-quarter operating income last week as revenue grew despite flat volume. The transportation division’s operating income grew 9%, to $235 million, as revenue increased 8.9%, to $871 million. The railroads’ combined operating ratio […]
OMAHA, Neb. — BNSF Railway’s third-quarter profits rose primarily due to higher rates and more efficient operations, corporate parent Berkshire Hathaway reported on Saturday. Pre-tax income rose 3.6%, to $1.91 billion, on flat revenue of $5.88 billion. Net income grew 4.8%, to $1.44 billion. The railway’s operating ratio was 64.1%, a 1-point improvement over a […]
MONTREAL — Canadian National reported higher third-quarter profits today but announced further belt tightening as it expects trade disputes and economic uncertainty to weigh on volumes next year. “As we look to 2026, we see another year of limited volume growth, with a weak outlook for North American industrial production and housing starts, and some […]
OAK BROOK, Ill. — Hub Group sees the opportunity to gain 2.5 million intermodal loads from the watershed area in the country’s midsection if the Union Pacific-Norfolk Southern merger is approved. The watershed, the area within a few hundred miles of the Mississippi River that also is the de facto dividing line between the big […]
GREEN BAY, Wis. — Schneider National’s intermodal growth continued in the third quarter, the No. 3 intermodal operator said on Thursday (Oct. 30), thanks to higher volumes in the East and an ongoing surge cross-border Mexico traffic. Executives said it’s still too early to assess the potential ramifications of Union Pacific’s proposed acquisition of Norfolk […]
Eager to tie the knot, Union Pacific and Norfolk Southern have asked federal regulators for a faster review of their proposed transcontinental merger, Trains has learned. The Surface Transportation Board in September proposed a roughly 390-day schedule to review the railroads’ $85 billion deal. The calendar includes wiggle room that would allow the board to […]
CALGARY, Alberta — Canadian Pacific Kansas City reported higher quarterly profits on Wednesday as volume and revenue both increased despite ongoing economic uncertainty and trade tensions in North America. “CPKC once again created profitable, sustainable growth in the third quarter, while navigating challenging macroeconomic conditions,” CEO Keith Creel said in a statement. “Through our powerful […]
Norfolk Southern didn’t mind being late to the AC-traction party. And NS wasn’t just fashionably late, either. As Burlington Northern, Canadian Pacific, CSX, and Union Pacific gravitated toward AC locomotives in the mid 1990s, NS stuck with DC, saying it couldn’t justify the higher cost of AC-traction units. Even little Kansas City Southern jumped aboard […]
JACKSONVILLE, Fla. — CSX CEO Steve Angel has made changes to the executive team a month after arriving at the railroad. Kevin Boone, the railroad’s executive vice president and chief commercial officer, today was named chief financial officer, replacing Sean Pelkey, who departed the company. Maryclare Kenney was promoted to senior vice president and chief […]
