CALGARY, Alberta — Canadian Pacific posted record financial results for the fourth quarter and full year on Wednesday, propelled by robust revenue growth and spikes in potash and energy-related traffic. CEO Keith Creel said “2018 was a record by almost every measure and will be remembered as a watershed year for our company.” For the […]
Magazine: Trains Magazine
Creel: CP is a model for how Precision Scheduled Railroading works NEWSWIRE
CALGARY, Alberta — Canadian Pacific CEO Keith Creel does not believe that the spread of Precision Scheduled Railroading to U.S. Class I railroads will increase regulatory risk for the industry. “There’s always a risk and we have to manage that. And I think you manage that by educating the regulators as well as the customers […]
MARTA preparations for Super Bowl include expanded service NEWSWIRE
ATLANTA — With the city bracing for the arrival of a huge number of visitors for Super Bowl week, the Metropolitan Atlanta Rapid Transit Authority is anticipating anywhere from 30,000 to 90,000 additional daily riders, expanding schedules to accommodate the influx. Numerous road closures will make driving to the game a poor choice. “Please, please, […]
Metra CEO to appear at state senator’s town hall on crossing safety NEWSWIRE
FRANKFORT, Ill. — Metra CEO Jim Derwinski is scheduled to appear at a town hall meeting by an Illinois state senator on safety concerns arising from a November incident at a grade crossing in Mokena, Ill. State Sen. Michael E. Hastings, D-Tinley Park, Ill., will host the Feb. 12 meeting at the Lincoln-Way East High […]
UP execs pleased with Precision Scheduled Railroading progress NEWSWIRE
Union Pacific OMAHA, Neb. — Canadian National veteran Jim Vena hasn’t yet finished his second week as Union Pacific’s new chief operating officer and he already sees some low-hanging fruit that’s ready for harvest. Expect to see UP begin running longer trains this year — and building the extended sidings to necessary to handle them. […]
UP posts record quarterly and annual results NEWSWIRE
OMAHA, Neb. — Union Pacific reported record net profits for the fourth quarter and full year on Thursday and said that its new Precision Scheduled Railroading operating plan would help it reduce costs, improve service, and boost traffic volume. Executives said they expect UP to reduce its operating ratio to below 61 percent this year […]
Trains Presents: Southern Railway steam doubleheader
Ride with us on the tender tank of Southern Railway 2-8-0 No. 630 while we watch Southern 2-8-2 No. 4501 at work on a Chattanooga, Tenn.-Summerville, Ga., trip in October 2018. You’ll see and hear the engines at work on famous Missionary Ridge. It’s a classic Tennessee Valley Railroad Museum excursion with lots of stack […]
AAR: Intermodal and most commodities increase in volume in mid-January NEWSWIRE
Association of American Railroads Association of American Railroads WASHINGTON — The Association of American Railroads today reported U.S. rail traffic for the week ending Jan. 19, 2019. For this week, total U.S. weekly rail traffic was 543,111 carloads and intermodal units, up 6.9 percent compared with the same week last year. Total carloads for the […]
Amtrak to add second Norfolk train NEWSWIRE
NORFOLK, Va. — Amtrak will add a second train to Norfolk beginning March 4, the Norfolk Virginian-Pilot reports. Amtrak spokeswoman Kimberly Woods told the newspaper the schedule has yet to be finalized, but a press release from the city of Norfolk said the train will have a mid-morning depature. The new train, like the current […]
Bronx to get four new Metro-North stations NEWSWIRE
New York Metropolitan Transportation Authority NEW YORK — News came on Tuesday that the Bronx will get four new Metro-North stations on a century old line. This newest link in Metro-North’s operations will access Penn Station via the New York Connecting Railroad from New Rochelle NY over the Hell Gate Bridge to Sunnyside, Queens, using […]
NC-bound coal train moves over CSX subdivision for the first time in months NEWSWIRE
CSX Transportation ES44AC-H leads a coal train through Hubbard Springs, Va., on Jan. 22. Chris Anderson HUBBARD SPRINGS, Va. — Carolinas-bound coal returned to CSX Transportation’s Cumberland Valley Subdivision on Jan. 22, as southbound loaded coal train N759-20 crossed the stretch of railroad on its journey to Duke Energy’s Marshall Steam Station in Terrell, N.C. […]
CN freight train derailment at Saskatchewan grade crossing caught on video NEWSWIRE
SASKATOON, Saskatchewan — Drivers stopped for a passing Canadian National train Tuesday are lucky to be alive after the train derailed at the grade crossing spilling freight cars and cargo over the prairie. At least two drivers happened to have cameras with them to capture the entire event from both sides of the crossing. One […]