CHARLESTON, W.Va. — West Texas Intermediate oil has eclipsed $100 a barrel in recent days, a substantial comeback from the record-low, negative-$37.00-per-barrel price during the onset of the COVID-19 pandemic in April 2020. Oil’s rally, driven by a recovering economy and exacerbated by the Russian-Ukraine War is pressuring U.S. oil companies to increase shale production. […]
WASHINGTON — The Surface Transportation Board has asked parties involved in the upcoming hearing on Amtrak Gulf Coast service to be prepared to report on a meeting with the U.S. Coast Guard over drawbridge operations on the route, as well as several other issues, at the hearing scheduled for April 4. In a decision issued […]
RICHMOND, Va. — Jennifer Mitchell, who as director of the Virginia Department of Rail and Public Transportation helped the state reach a landmark deal with CSX Transportation to expand rail passenger service, is stepping down to take a position with the Federal Railroad Administration. The website Virginia Business reports Mitchell will depart on March 18 […]
NEW YORK — East Coast ports are handling a record number of containers due to ongoing supply chain issues in California and the West, but railroads aren’t seeing this equate to more intermodal volume for a number of reasons. First, rail doesn’t have the same international intermodal market share in the East as it does […]
WASHINGTON — Railroad Workers United, which describes itself as “an inter-union, cross-craft solidarity caucus of railroad workers and their supporters,” has expressed its support for Amtrak’s efforts to launch service on the Gulf Coast — while taking more than a few shots at CSX and other Class I railroads. In a statement filed with the […]
CHICAGO — In a brief ceremony in Chicago, Amtrak CEO Stephen Gardner has recognized Canadian Pacific for its sixth straight year with the industry-leading A grade on the passenger carrier’s annual Host Railroad Report Card. The report card measures the freight railroads’ performance in keeping Amtrak trains on time. Gardner presented a plaque commemorating the […]
Mirrorless cameras in railfan photography: The mirrorless camera revolution might be the biggest conversation in photography since the introduction of the digital camera more than 45 years ago, but will mirrorless camera technology evolve to become the new norm, or does it simply give photographers more options? Brief history of mirrorless cameras Mirrorless technology was […]
CHARLESTON, W.Va. — Americans are expecting the Federal Reserve to quell inflation by increasing interest rates this year, but the Feds’ efforts to reel in inflation shouldn’t curb economic activity or carloads. In fact, uncertainties around higher interest rates may tame spending enough to allow the supply chain to recover after high post-pandemic demand weighed […]
Bash Canadian Pacific Kansas City Day – otherwise known as Feb. 28, the deadline for comments on the CP-Kansas City Southern merger – has come and gone. What have we learned from the flurry of regulatory filings from other railroads, shippers, and lineside communities? The Class I railroads behaved like you’d expect: Following a tradition […]
WASHINGTON — Norfolk Southern sees the Canadian Pacific-Kansas City Southern merger as a threat to its Meridian Speedway intermodal traffic. NS announced its intention to protect its Meridian Speedway traffic in a pair of Monday regulatory filings posted to the Surface Transportation Board website on Tuesday. NS may exercise its option to purchase the KCS-served […]
WASHINGTON — The Surface Transportation Board has granted CSX Transportation’s request to delay the hearing on Amtrak Gulf Coast service, which was unopposed by Amtrak and the other parties to the case. The evidentiary hearing, which had been scheduled to begin March 9, will now be held April 4-5, with April 6 and April 8 […]
Is there a more dignified railroad name than “Lackawanna?” Certainly, Lackawanna history evokes many images. In the days of steam, the name meant meticulous track supporting well-proportioned, dual-service “Pocono” 4-8-4s, hefty hogs in the form of three-cylinder 4-8-2s and ponderous 2-8-2s, speedy commuter 4-6-2s, and gorgeous 4-6-4s that even long-time Trains Editor David P. Morgan […]
