WASHINGTON — Federal regulators have accepted the Canadian Pacific-Kansas City Southern merger application and set a timetable for review of the first proposed merger of Class I railroads in two decades. In accepting the application today, the Surface Transportation Board rejected Union Pacific’s contention that CP and KCS failed to provide sufficient information about the […]
NEW YORK — Train crew shortages that have affected service on Class I railroads this year also have cropped up on short lines, as rail workers seek greener pastures and new hires are hard to find. Genesee & Wyoming, the largest shortline holding company, saw the number of employees leaving the railroad double in the third […]
WINDSOR, Ontario — The Essex Terminal Railway is celebrating its upcoming 120th anniversary by unveiling a rebuilt SW1200 restored to its original colors. The short line serves industries along 54 km (33.5 miles) of track in Windsor and surrounding Essex County, across the border from Detroit. It commissioned Sarnia, Ont., firm Lambton Diesel Specialists (LDS) […]
NEW YORK — Railroads have a stark choice. They can maintain their focus on the operating ratio, continue to bleed traffic to the highway, and lose $177 billion in revenue by 2030. Along the way railroads would shrink in line with declining volume, meaning track would be torn up, real estate sold off, railcars scrapped, […]
NORFOLK, Va. — The Port of Virginia’s board of directors has approved a $61.5 million contract to double the size of the Central Rail Yard at the Norfolk International Terminals. WAVY-TV reports the board also approved an $18 million contract for up to three cantilever rail-mounted gantry cranes and related systems. The two projects will […]
DEFIANCE, Ohio – The Ohio Rail Development Commission has approved a grant of up to $687,622.50 to replace rail on a portion of Pioneer Lines Napoleon Defiance & Western Railway’s line east of Defiance, Ohio. NDW’s line runs from Woodburn, Ind., to Napoleon, Ohio, with interchanges with Norfolk Southern in Woodburn and CSX in Defiance. […]
MONTREAL — Canadian National executives defended their intermodal growth strategy today, saying it’s the best way to compete with trucks and bring new profitable traffic to the railway over the next decade. Activist investor TCI Fund Management, which has launched a proxy fight to replace CEO JJ Ruest and four board members, has been critical […]
First of two parts CUMBERLAND, Md. – It’s been about five months since New England rail preservationist Wesley Heinz took the top spot as interim chief and then permanent executive director of the Western Maryland Scenic Railroad in Cumberland. Prior to migrating to Cumberland, Heinz was the executive director of the Maine Narrow Gauge Railroad […]
ATLANTA — Norfolk Southern’s service has deteriorated over the past six weeks amid crew shortages and operational changes, according to shippers and connecting railroads. Some expressed concern that the railroad is teetering on the brink of a meltdown as train speed falls, cars spend more time in yards, and a rising number of trains per day […]
WASHINGTON – The $1.2 trillion infrastructure bill President Biden is slated to sign into law today (Monday, Nov. 15) contains funding for a study of Class I railroads’ use of ever-longer trains and their impact on safety, grade crossings, freight and passenger service, and the environment. The measure provides up to $2 million for the […]
SAVANNAH, Ga. — The second portion of the Port of Savannah’s Mason Mega Rail Terminal is now in operation, increasing intermodal capacity at the port by more than 30%. The second phase of the project adds nine new tracks to nine that opened in 2020 as part of a project that, overall, has added more […]
WASHINGTON — The Surface Transportation Board has scheduled hearings on three major issues: the CSX acquisition of Pan Am Railways; Amtrak’s bid to operate trains between New Orleans and Mobile, Ala., and its reciprocal switching proposal. All three hearings will be held in the hearing room at the STB’s Washington headquarters, with additional specifics to […]
