CPKC reports higher volume, revenue, and profits for fourth quarter

CALGARY, Alberta – Canadian Pacific Kansas City bucked the industry trend by posting fourth-quarter gains in volume, operating income, and revenue. “I am proud of how our team of incredible railroaders finished this transformational year with a strong fourth quarter, allowing CPKC to deliver volume growth and best-in-class earnings growth in 2023,” CEO Keith Creel […]

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STB rules against CN in Chicago interchange dispute with CP

Black, gray, and yellow locomotives lined up in yard

WASHINGTON — In the latest twist in a long-running Chicago interchange dispute, federal regulators yesterday ruled that it’s unreasonable for Canadian National to unilaterally designate the Belt Railway of Chicago’s Clearing Yard as the location where it will exchange traffic with rival Canadian Pacific Kansas City. It’s the second time that the Surface Transportation Board […]

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Northern California short lines receive $31.4 federal loan

Train with two locomotives on low wooden bridge

WASHINGTON — The U.S. Department of Transportation has extended a $31.4 million Railroad Rehabilitation and Improvement Financing loan to the Sierra Northern Railway and Mendocino Railway for infrastructure improvement work, DOT’s Build America Bureau announced on Monday. Funding will finance almost 100% of work including expansion of 6.7 miles of Sierra Northern’s Oakdale Branch for […]

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Swiss make commitment to maintain Gotthard Pass line

Passenger train rounds curve after emerging from tunnel

BERN, Switzerland — The long-term future of Switzerland’s historic Gotthard Pass rail line, which has been in question since the opening of the Gotthard Base Tunnel in 2016, has been assured with the decision of the Swiss government and Swiss Federal Railways, or SBB, to spend some 1 billion Swiss francs ($1.16 billion) to renovate […]

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Norfolk Southern first Class I railroad to join FRA’s Confidential Close Call Reporting system

Norfolk Southern, the Brotherhood of Locomotive Engineers and Trainmen, and the SMART-TD union will participate in the Federal Railroad Administration’s Confidential Close Call Reporting system, or C3RS, the railroad and labor unions said in a joint statement today. “NS is proud to partner with our labor leaders and FRA to make another industry-leading advancement in […]

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Nine rail projects included in Mega, INFRA grant awards

a train on a bridge

WASHINGTON — Nine rail-related projects were included among the 37 receiving funding from the U.S. Department of Transportation through Mega Grant and INFRA Grant program funding announced on Friday. Two projects — including one from the rail-related group — received grants under both programs. The Mega Grant program — formally the National Infrastructure Projecg Assistance […]

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NJ Transit cancels power plant, reallocates funds to other projects

NEWARK, N.J. — NJ Transit has cancelled a controversial natural-gas power plant designed in part to provide emergency power for rail lines, saying the project is “not financially feasible,” and will reallocate federal grant funds to other projects, the transit agency announced on Friday. The TransitGrid Microgrid Central Facility in Kearny, N.J., would have generated […]

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NASA awards contract for FRA, FAA safety reporting systems

Logo of National Aeronautics and Space Administration

WASHINGTON — NASA on Friday awarded a contract to Booz Allen Hamilton Inc. of McLean,Va., for maintenance and operation of incident-reporting programs the space agency runs for other federal organizations, including the Federal Railroad Administration’s Confidential Close Call Reporting System. The contact also covers the Aviation Safety Reporting System for the Federal Aviation Administration. Both […]

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