Weather impacts Union Pacific’s first quarter earnings, service levels

Yellow locomotives lead container train in snowy landscape

OMAHA, Neb. — Union Pacific reported lower quarterly earnings on Thursday as harsh winter weather took a toll on volume and revenue. UP’s quarterly operating income declined 7%, to $1.99 billion, as revenue sank 4%, to $5 billion. Earnings per share declined 7%, to $2. UP’s operating ratio rose 1.1 points to 60.1% due to […]

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On30 Ashland & Iron Mountain

Track plan overview

The layout at a glance Name: Ashland & Iron Mountain RR Scale: On30 (1:48 proportion, 30″ gauge) Size: 24′-6″ x 39′-0″ Prototype: freelanced, inspired by Quincy & Torch Lake RR Locale: Keweenaw Peninsula of Upper Michigan Era: late 1930s-1940s Style: walk-in Mainline run: 202 feet Minimum radius: 27″ Minimum turnout: no. 5 Maximum grade: 2.5 […]

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HO scale Stone Canyon

Track plan

The layout at a glance Scale: HO (1:87.1) Size: 28 x 40 feet Prototype: Freelanced Locale: Western U.S. mountain states Era: 1950s Style: walk in Mainline run: 200 feet Minimum radius: 30″ Minimum turnout: no. 5 Maximum grade: 2 percent Benchwork: L-girder Height: 42″ to 51″ Roadbed: cork on 3⁄4″ plywood Track: code 83 visible, […]

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Canadian Pacific’s quarterly revenue declines, but railway sets volume record in March

Canadian Pacific Railway beaver logo

CALGARY, Alberta — Canadian Pacific’s operating profit and revenue declined in the first quarter, but executives said the railway was gaining momentum as volume reached an all-time high in March. Quarterly operating income declined 6%, to $780 million, as revenue declined 4%, to %1.95 billion, CP reported on Wednesday. Earnings per share, adjusted for the impact […]

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New York governor, MTA unveil proposals for Penn Station reconstruction

Artist's rendering of inside of train station with massive skylights

NEW YORK — Natural lighting from huge skylights, spacious concourses, and dramatic entrances are key features of a dramatically reconfigured Penn Station under reconstruction options announced by Gov. Andrew Cuomo and renderings released by the Metropolitan Transportation Authority. The plans announced Wednesday offer two options — one that would retain the current two-level boarding configuration […]

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Digest: CTA begins in-service testing of new CRRC railcars

Rapid transit cars

Chicago Transit Authority begins testing in-service of new railcars on Blue Line The Chicago Transit Authority announced Wednesday it has begun in-service testing for its newest railcars, the 7000-series cars being built by CRRC Sifang, an affiliate of Chinese rail equipment giant CRRC, at its Hegewisch plant on Chicago’s Far South Side. The cars are […]

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Weekly rail traffic continues to show huge increase over 2020 levels

Table showing weekly U.S. rail traffic

WASHINGTON — U.S. rail traffic for the week ending April 17 remains far ahead of pandemic-depressed figures for the same week in 2020, and also shows a slight increase over figures for the week ending April 10 of this year. Statistics from the Association of American Railroads show U.S. railroads moved 237,607 carloads for the […]

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Canadian Pacific won’t boost offer for KCS, says CN’s dueling bid is ‘fool’s gold’

Man gesturing while speaking

CALGARY, Alberta — Canadian Pacific CEO Keith Creel says there’s no reason to sweeten his railroad’s $29 billion offer for Kansas City Southern because Canadian National’s dueling $33.7 billion bid is so anti-competitive that it would never make it out of the starting gate. Kansas City Southern’s board is considering CN’s unsolicited offer, which was announced […]

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Feraca Stone Canyon gallery volume 1

Wood structures frame a Santa Fe steam locomotive at the end of a gravel parking area

John Feraca started working on his Stone Canyon HO scale layout in 2003. After several expansions, it now fills a 28 x 40-foot space. The freelanced layout depicts the mountain west of the United States, but there are also town scenes and plenty of industries to keep operators busy. John used kits from Walthers Cornerstone, […]

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Analysis: Canadian Pacific must go all-in on pursuit of Kansas City Southern

Map of the combined Canadian Pacific-Kansas City Southern system

    Canadian Pacific today finds itself in the same uncomfortable – and threatened – position that Norfolk Southern was in 25 years ago. Back in October 1996, CSX Transportation utterly shocked NS when it announced it had a deal to acquire Conrail. The $8.1 billion merger would give CSX access to the New York […]

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